Nifty Island, the Ethereum-based metaverse gaming platform, is launching its highly anticipated ISLAND token on December 17. Following the success of its nine-month play-to-airdrop campaign, the token will serve as the backbone of Nifty Island’s in-game economy, with various utilities designed to reward players, creators, and stakeholders.
What Is ISLAND?
ISLAND is an ERC-20 token with a total supply of 1 billion tokens, designed to drive engagement and growth within Nifty Island’s creator-focused metaverse. Leveraging LayerZero’s omnichain technology, ISLAND will be usable on Ethereum Layer-2 network Base, with plans for Solana integration in the future.
Who Gets the Airdrop?
The ISLAND token will be distributed among five key groups:
- Community (40.1%): Rewards for play-to-airdrop participants, ecosystem incentives, and general user engagement.
- Play-to-Airdrop Rewards (12.6%): Based on in-game progress, Blooms collected, and connected NFT holdings.
- Rewards Pool (17.5%): Tokens for real-time gameplay rewards.
- Ecosystem Incentives (10%): Attracts developers and creators, starting with Mocaverse receiving 10 million tokens.
- Investors, Team, and Treasury: A significant portion is allocated with long-term vesting schedules to ensure ecosystem sustainability.
How to Claim and Use ISLAND
Players can claim ISLAND tokens directly on the Nifty Island website starting December 17. Token holders who stake ISLAND will unlock significant benefits, including:
- Enhanced rewards rates for faster token earnings.
- Access to exclusive resources for creating larger, immersive islands.
- In-game consumables to boost performance and rewards.
- Governance voting to influence Nifty Island’s future.
Additional benefits and exclusive prizes will also be available to stakers, with more utilities expected as the platform evolves.
