case-studies

Ibiza token

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    Year of implementation
    2020
    Industry
    Logistics & Travel

    The Ibiza Token blockchain ecosystem connects businesses, artists, and tourists on the island to promote economic growth and tourism.

    RuneLab has worked on the development and expansion of the Ibiza Token blockchain ecosystem, aimed at connecting businesses, artists, and tourists within the island of Ibiza. The solution involved the creation of dedicated blockchain infrastructures, including smart contracts for IbizaPay, integrations with commercial partners, and the development of an NFT Marketplace. The implementation was designed to ensure scalability, security, and economic sustainability of the ecosystem, supporting the growth of digital interactions among the stakeholders involved.

    Approach and methodology

    The project involved the gradual implementation of the core functionalities of the Ibiza Token ecosystem, with the goal of creating a secure, scalable, and integrated platform for businesses, artists, and tourists. In particular, smart contracts for IbizaPay were developed and integrated with strategic partners such as Bitnovo and Bitsacard, to ensure reliable and immediate transactions. At the same time, the architecture for the NFT Marketplace was created, allowing users to create, trade, and monetize digital content related to local art and tourism. The project also included the optimization of $IBZ tokenomics to ensure balanced token management and encourage participation in the ecosystem. The platform’s security and scalability were ensured through continuous audits and technical verifications, providing a robust and reliable infrastructure ready to support sustainable economic growth and collaboration among all stakeholders involved.

    The approach was based on the gradual implementation of core functionalities: development of smart contracts for IbizaPay integrated with partners Bitnovo and Bitsacard, creation of the architecture for the NFT Marketplace, and optimization of $IBZ tokenomics. Focus on scalability and security through continuous audits.

    Staff involved in the project
    4 Specialists
    Execution time
    8 Months
    Technologies used
    • Amazon Web Services (AWS)
    • NodeJS
    • React
    • React Native
    • Solidity
    100
    Number of NFTs minted
    1
    mil
    Token trading volume in dollars

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