IGRA

IGRA Price

About IGRA (IGRA)

IGRA is the native governance and staking token for the Igra Network, an EVM-compatible Layer 2 scaling solution built as a based rollup on the Kaspa BlockDAG.

• The network inherits security from Kaspa's Proof of Work consensus by utilizing miners for transaction sequencing instead of a centralized sequencer.
• Full EVM compatibility allows developers to deploy Solidity-based smart contracts within a decentralized settlement environment.
• IGRA tokens are utilized for attester staking to secure the rollup's state transitions and for participating in protocol governance.

What Is IGRA

IGRA is the core protocol token of the Igra Network, a blockchain infrastructure project designed to bring smart contract functionality to the Kaspa ecosystem. It functions as a decentralized finance infrastructure layer that operates on top of Kaspa's high-speed BlockDAG architecture. Unlike traditional Layer 2 solutions that rely on centralized components for ordering transactions, Igra utilizes a "based rollup" design where the sequencing is handled directly by the base layer's mining participants.

Value moves through the system as users interact with decentralized applications, with security provided by a network of attesters. The IGRA token is "put to work" through a staking mechanism where participants, known as attesters, lock their tokens to verify the correctness of state transitions. This model ensures that the network remains permissionless and censorship-resistant. As the ecosystem grows, the utility of IGRA scales with the demand for secure, decentralized attestation services and the need for community-led governance over the protocol's development.

What Makes IGRA Unique

• Based Rollup Architecture: Igra is one of the few networks to implement a based rollup design on a Proof of Work chain, delegating transaction ordering to Kaspa miners rather than a private sequencer.
• Permissionless Ordering: By removing the centralized sequencer, the network eliminates a common single point of failure and ensures that transaction sequencing is as decentralized as the underlying base layer.
• Bitcoin-grade Security: The network leverages the established security of Kaspa's Proof of Work BlockDAG, providing a robust settlement layer for complex smart contracts and decentralized applications.
• Dual-Token Economy: The protocol separates transactional utility from network security by using iKAS (wrapped Kaspa) for transaction fees while reserving IGRA for protocol-level staking and governance.

What Can You Use IGRA for?

• Attester Staking: Users can stake IGRA to participate as attesters, who are responsible for monitoring the network and providing cryptographic proofs of the rollup's state transitions.
• Protocol Governance: Token holders have the right to participate in the decentralized governance of the Igra Network, voting on proposals that affect the protocol's technical parameters and future roadmap.
• Network Security: Staked IGRA serves as a cryptoeconomic security bond, ensuring that attesters act honestly in verifying the integrity of the Layer 2 network's data.

How Does IGRA Work?

Igra operates as a based rollup, a specific type of Layer 2 architecture where the sequencing of transactions is outsourced to the Layer 1 network. In this model, transaction batches are submitted directly to the Kaspa network, where miners include them in blocks. This ensures that the ordering of Igra transactions is as decentralized and censorship-resistant as Kaspa itself.

The execution of these transactions takes place in an EVM environment, which is a software emulation that allows developers to run Ethereum-compatible smart contracts. This environment provides the necessary infrastructure for decentralized applications to function on top of the BlockDAG. To ensure the state of the rollup is accurate, an attestation layer composed of staked participants monitors the network. These participants use IGRA as collateral to guarantee the validity of the state updates they provide to the system. While protocol service fees and security are managed through IGRA, the actual transaction costs (gas) are paid in iKAS.

Team Info and Investors

The Igra Network is developed by Igra Labs, a legal entity based in Switzerland. This structure is intended to provide a framework for accountability and legal compliance while maintaining a decentralized technical architecture. The project emphasizes its commitment to building finance infrastructure that cannot be overridden by any single centralized operator. While specific individual founders or venture capital funding rounds are not disclosed in available source materials, the protocol's smart contracts have undergone technical audits by the security firm Sigma Prime.

Where can you buy IGRA?

IGRA tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade IGRA is Zealous Swap (Igra), where the most active trading pair IGRA/IKAS has a trading volume of $2,453.77 in the last 24 hours.

What is the daily trading volume of IGRA (IGRA)?

The trading volume of IGRA (IGRA) is $2,454.00 in the last 24 hours, representing a -32.80% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for IGRA (IGRA)?

IGRA (IGRA) reached an all-time high of $0.007390 and an all-time low of $0.001508. It’s now trading -39.80% below that peak and 194.90% above its lowest price.

What is the market cap of IGRA (IGRA)?

Market capitalization of IGRA (IGRA) is $234,796 and is ranked #3884 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of IGRA tokens (53 Million tokens are tradable on the market today).

What is the fully diluted valuation of IGRA (IGRA)?

The fully diluted valuation (FDV) of IGRA (IGRA) is $4,768,040. This is a statistical representation of the maximum market cap, assuming the maximum number of 10 Billion IGRA tokens are in circulation today. Depending on how the emission schedule of IGRA tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of IGRA compare against its peers?

With a price increase of 10.60% in the last 7 days, IGRA (IGRA) is outperforming the global cryptocurrency market which is up 0.00%, while outperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 1.00%.