Gigaverse has launched GIGABIT, a new in-game currency created to unify trading and reward players across its ecosystem.
The update, which was shared on the project’s official X account, marks the beginning of what the company describes as Gigaverse 1.0.
According to the announcement, GIGABIT operates on a fixed exchange model designed to limit the volatility commonly seen with gaming tokens. The system supports cross-chain and cross-platform trading while aiming to keep in-game economy steady and rewards consistent over time.
Cross-Chain Access and a Stable Reward Engine
Gigaverse explained that GIGABIT allows players from different blockchain networks to trade seamlessly inside the game. For example, a user joining from Abstract can transact directly with players on Base, MegaETH, or Ronin without manual bridging. Notably, this removes friction that typically slows down Web3 gaming activity.
Additionally, the system is built to run across all platforms. Players on-chain will be able to trade with those on browser, desktop, and future mobile or Steam versions.
The company noted that this setup closes the gap between crypto users and regular gamers, bringing everyone into a single, unified economy.
GIGABIT operates under a fixed exchange rate. Players can purchase 100 GIGABIT for $1, while 100 GIGABIT can be redeemed for 0.80 USDC.
From each transaction, 0.15 USDC flows into the rewards pool. The team explained that this share powers player rewards, making every spend add to future prizes.
Settlement in the ecosystem is almost instant, so PvP bets and rewards are confirmed straight away without gas fees or delays.
Gigaverse and Its Web3 Gaming Vision
Gigaverse is a cross-chain Web3 gaming platform that combines competitive modes, open-world gameplay, and a long-term economic model.
Built around its GIGABIT currency, the ecosystem lets players trade, compete, and earn across multiple blockchains, while making it easy for newcomers to join without needing prior crypto experience.
The launch coincides with Gigaverse’s first anniversary on February 18th, 2026. To celebrate, the team introduced a two-week competition expected to deliver the largest reward distribution in the game’s history. Entry requires GIGABIT, placing the new currency at the centre of activity.
