ISKRA functions as a blockchain gaming hub designed to connect game studios with players. The platform enables users to discover high-quality blockchain titles, build communities, and access new projects early via its Launchpad. It also supports the external trading of in-game tokens and non-fungible tokens (NFTs).

The native currency, ISKRA Token ($ISK), facilitates all services within the ecosystem and offers three primary utilities:

1. Exclusive currency for Pioneer NFTs: Once the first 10,000 Pioneer NFTs are sold, any remaining units can only be purchased using $ISK.
2. Governance token: Holders may propose and vote on decisions regarding the Iskra platform.
3. Key currency: $ISK is used for all platform purposes, including exchanging assets, paying transaction fees, and covering charges for various other services in the Iskra ecosystem.

The maximum supply of $ISK stands at 1 billion, with distribution scheduled across a 20-year period. By September 2022, the circulating amount was approximately 18 million (specifically 18,031,944) $ISK tokens. For further information on the distribution strategy, refer to the provided link.

To help reduce price volatility, 20% of all platform fee revenue is allocated to a Burning Pool for purchasing and destroying $ISK tokens from the market. The Iskra Team conducts these burns periodically without advance warning, publishing the outcomes afterward. Please note that the allocation and distribution plans may be modified.

Eugene serves as the CEO of Iskra, where he leads a group of top specialists to bring the platform to life. His background includes launching two blockchain initiatives, two start-ups, and one business exit. He has believed in blockchain technology since 2016, working as a technical executive for Icon, known as the 'Korean Ethereum'. Eugene also contributed to the creation of LINE Blockchain (LINK), the blockchain offering from LINE, Asia's #1 messenger service.

The Iskra leadership blends extensive experience from both the gaming and blockchain industries. Team members have managed projects such as Icon Loop, LINE Blockchain, and national Central Bank Digital Currency efforts for Asian central banks like the Bank of Korea. They have also developed game networks for major global companies including Disney, Nexon, Netmarble, Hangame, and Tencent. Motivated by the challenge, the team chose to build Iskra "not because it is easy, but because it is hard". The group consists of over 50 individuals located across the globe, from Asia to the Americas.

Gate.io lists ISK for trading as of September 29, 2022.