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.
Every community. Infinite islands. One token.
The dream of an open game world powered by web3 will be fulfilled.
On 12.17 $ISLAND TGE arrives 🏝️ pic.twitter.com/9K54xETGyX
— Nifty Island 🏝 (@Nifty_Island) December 3, 2024
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
