NFT Insider

Nifty Island Reveal Final Details On $ISLAND Token

Popular metaverse platform Nifty Island has revealed final details on the allocation and distribution of their $ISLAND token, set to launch in December 2024.

The Nifty Island team have confirmed that 40% of the 1 billion $ISLAND tokens will be distributed to the community through continuous rewards, play-to-airdrop incentives and ecosystem features. 30% is reserved for investors and advisors, 20% for the team, 9% for the team’s treasury, and 1% for exchange liquidity.

An exact date has yet to be revealed for the release of $ISLAND, though it is expected to arrive in December 2024.

Nifty Island Token - Allocation
Source: Nifty Island

What is Nifty Island?

Nifty Island is a free-to-play metaverse platform that sees players build their own island environments, share them with the community, and play a variety of exciting games and activities together.

Developed by Nyft Studios, Nifty Island is “a game world powered by web3 communities, enriched with thrilling prizes, and driven by NFT-centric user-generated content.” The game is noted for its support of 3D models from a plethora of the most popular NFT communities, allowing holders of Bored Apes, Pudgy Penguins, Cool Cats and more to become their NFT in-game.

Debuting in January 2024, the game was widely popular upon release, with a huge variety of themed games, islands, experiences and more – with the game still enjoying a dedicated playerbase to this day.

Source: Nifty Island

How do I earn $ISLAND tokens?

Nifty Island’s play-to-airdrop phase begin shortly after it became publicly available in January 2024, and ended in November 2024. Players of the game during that initial 9-month period will likely be set to receive some allocation of the upcoming $ISLAND token.

Outside of this initial play-to-airdrop phase, players can still earn $ISLAND tokens through the game’s continuous rewards systems, creating islands with popular activities that draw in players.

$ISLAND is set to arrive in December 2024, though the exact date has yet to be revealed.

Exit mobile version