Ivar Coin (IVAR) is the Ivar Chain (comparable to Ether on the Ethereum Network) native coin that serves primarily to power a decentralized network by a function of Gas on the network, where Gas is like a unit of a gauge used to measure the amount of work performed by the Validator, such as creating a new block and ensuring the security of transactions on the Ivar Chain network.
Ivar Coin's purpose is to be used as a native currency within the Ivarex ecosystem. Ivarex is a metaverse gaming platform powered by Ivar Chain. The platform allows players to build, own, and monetize their assets and virtual experiences. It also empowers artists and creators through blockchain.