In summary
- Nifty Island announced that its ISLAND token will launch on December 17, following a nine-month play-to-airdrop campaign.
- More than 140,000 active wallets participated in the campaign, creating around 70,000 playable islands to explore.
- Nifty Island will partner with Web3 communities to reserve one million ISLAND tokens, available on December 17 for those who did not participate in the campaign.
Nifty Island, an Ethereum-based metaverse gaming platform, announced that the launch of its ISLAND token will take place on December 17.
The project recently concluded its play-to-airdrop campaign, a nine-month program that allowed Nifty Island users to collect rewards in anticipation of the eventual launch of the ISLAND token.
Users of the play-to-airdrop campaign will share 12.5% of the ISLAND token supply, following a 25% increase from the initial token distribution details.
The campaign, which concluded on November 1, saw more than 140,000 active wallets, with users building nearly 70,000 playable islands to explore.
“We now have a solid foundation on which we can build the future of Nifty,” co-founder Charles Smith told Decrypt in November.
In addition to the token launch date, Nifty Island announced that it has partnered with several Web3 communities to reserve one million ISLAND tokens, claimable on December 17, for those who did not participate in the play-to-airdrop campaign.
Concluding its airdrop campaign, Smith told Decrypt that Nifty Island would be “unrecognizable” once it releases its next big updates. The project’s long-term development roadmap includes bringing Nifty Island to mobile devices and improving in-game content creation for better virality, among other things.
“What we are working on will be a new paradigm for Web3 games—a change as fundamental as the emergence of play-to-airdrop,” he said.
ISLAND will join the metaverse’s growing list of notable crypto tokens, including The Sandbox’s SAND and Decentraland’s MANA token. Both SAND and MANA are up over 150% each in the last 30 days as gaming and metaverse tokens soar.
Edited by Andrew Hayward
GG Newsletter
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