TI Rating Report: ERUGO
ERUGO World is a metaverse platform that intends to combine real business with virtual reality. Participants in ERUGO's metaverse are able to exchange real estate, products, services, and artifacts, among other things. The ERUGO World Map's land, roads, and buildings are created in the form of non-fungible tokens (NFT) that have intrinsic immutability. The map of ERUGO World has made 199,800 blocks in total.
In addition, ERUGO aims at building a metaverse that enables users to construct their own economic ecosystem, where they can engage in real-world economic activities such as employing other users for construction and paying wages, obtaining coins by providing labor, and providing services to design other users' housing, along with many other things. $EWC is the utility token in the ERUGO ecosystem.
$EWC is the utility ERC-20 token in the ERUGO ecosystem which is mainly used as the payment medium in the ERUGO World metaverse. $EWC can be exchanged to $RUGO in the ecosystem to pay for the goods and services in the metaverse. At present, $RUGO is the only exchange medium in the ERUGO World metaverse.
TokenInsight gives ERUGO a rating of CC, with a stable outlook.