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Nifty Island, an Ethereum-based metaverse gaming platform, announced that its ISLAND token launch 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 ISLAND token rollout.
Users from the play-to-airdrop campaign will share 12.5% of the ISLAND token supply, an increase of 25% 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 rock-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 it has teamed with a handful of Web3 communities to set aside one million ISLAND tokens, claimable on December 17, to those who did not participate in the play-to-airdrop campaign.
At the conclusion of its airdrop campaign, Smith told Decrypt that Nifty Island would be “unrecognizable” once it ships its next big updates. The project’s long-term development roadmap includes bringing Nifty Island to mobile devices and enhancing in-game content creation for better virality among other things.
“What we're working on will be a new paradigm for Web3 gaming—as fundamental a shift as the emergence of play-to-airdrop was,” he said.
ISLAND will join the ever-growing list of notable metaverse crypto tokens, including The Sandbox’s SAND and Decentraland’s MANA token. Both SAND and MANA are up more than 150% apiece in the last 30 days as gaming and metaverse tokens surge.
Edited by Andrew Hayward
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