Introducing the $ISLAND Tokenomics Update
With the upcoming launch of the $ISLAND token, there have been several announcements revealing key details about its tokenomics. The final update before the TGE in December sheds light on the distribution and allocation of the $ISLAND token, which will power play-to-earn gaming and the creator economy in the metaverse, Nifty Island.
Key Segments of $ISLAND Token Allocation
The $ISLAND token has a maximum total supply of 1 billion, which has been divided into the following key segments:
- Community Pool (40%):
- Rewards Pool: 17.5%
- Play to Airdrop: 12.5%
- Ecosystem Incentives: 10%
- Investors and Advisors (30%):
- Investors: 29%
- Advisors: 1%
- Team (20%)
- Project Treasury (9%)
- Exchange Liquidity (1%)
The $ISLAND Community Pool
The Community Pool, comprising 40% of the total supply, is aimed at rewarding players and creators while supporting the ecosystem. It consists of three categories:
Rewards Pool (17.5%)
The Rewards Pool supports Nifty Island’s Play-to-Earn System, allowing players to earn $ISLAND tokens through in-game activities. This encourages active user engagement and rewards creativity.
Play to Airdrop (12.5%)
Reserved for players who participated in the Airdrop Campaign, this allocation rewards players based on their participation and engagement.
Ecosystem Incentives (10%)
This pool incentivizes developers and third-parties to build metaverse experiences within the ecosystem, fostering growth and innovation.
Investors, Advisors, and Team Distribution
Investors and Advisors receive 30% of the total token supply, while the team holds 20%. The remaining supply is allocated to the Project Treasury (9%) and Exchange Liquidity (1%).
Investors and Advisors (30%)
Investors have played a vital role in supporting Nifty Island’s development, with long-term lock-ups to ensure alignment with the community’s interests.
Team (20%), Project Treasury (9%), and Exchange Liquidity (1%)
The team allocation motivates developers to enhance the gaming metaverse, while the Project Treasury supports initiatives for ecosystem development. Exchange Liquidity ensures smooth transactions on exchanges.
For more details on allocation and distribution, refer to the official litepaper. Explore the dev roadmap for insights into the future of Nifty Island.
