By Nermeen Nabil Khear TLDR:
- Nifty Island announces ISLAND token launch for December 17, 2024
- Play-to-airdrop campaign ended November 1 with 140,000+ active wallets and 70,000 islands created
- Users from campaign will receive 12.5% of total token supply (25% increase from initial plan)
- One million ISLAND tokens set aside for new users who missed the campaign
- Launch comes amid surge in gaming tokens, with SAND and MANA up 150%+ in past month
Ethereum-based metaverse gaming platform Nifty Island has set December 17, 2024, as the launch date for its ISLAND token, marking a major milestone for the project. The announcement comes after nine months of community building through a play-to-airdrop campaign that drew over 140,000 active participants.
The platform’s recent play-to-airdrop campaign, which concluded on November 1, proved more successful than initially anticipated. Users created nearly 70,000 playable islands within the game’s ecosystem, showing strong engagement with the platform’s creative tools.
In response to the campaign’s success, Nifty Island has increased the token allocation for participating users. The project will now distribute 12.5% of the total ISLAND token supply to campaign participants, representing a 25% increase from the original distribution plan.
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
To maintain momentum and attract new users, Nifty Island has partnered with several Web3 communities. These partnerships have led to the creation of a special allocation of one million ISLAND tokens, which will be available for claiming on launch day by users who missed the initial campaign.
Charles Smith, co-founder of Nifty Island, shared his vision for the platform’s future in November. “We now have a rock-solid foundation on which we can build the future of Nifty,” he told Decrypt, hinting at major developments ahead.
The platform’s development roadmap includes several ambitious goals. Plans are underway to bring Nifty Island to mobile devices, making the game more accessible to a broader audience. The team is also working on enhancing in-game content creation tools to improve the platform’s viral potential.
Smith believes these upcoming changes will transform the platform dramatically. “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 explained, suggesting that current users might find the platform “unrecognizable” after future updates.
The ISLAND token launch comes at an opportune time in the gaming token market. Several established metaverse tokens have seen notable price increases over the past month. The Sandbox’s SAND token and Decentraland’s MANA have both recorded gains exceeding 150% in the last 30 days.
The Sandbox has been particularly active, with its SAND token showing a 32.3% increase in just 24 hours, reaching approximately $0.8. The token has maintained strong momentum with a 26.2% rise over seven days, according to CoinGecko data.
Within the broader gaming token market, this surge represents a reversal of previous market conditions. The sector has experienced renewed interest from investors and users alike, suggesting a potential shift in market sentiment toward gaming and metaverse projects.
Nifty Island’s approach to token distribution reflects a focus on community engagement. The increased allocation for play-to-airdrop participants rewards early adopters while the additional token pool for newcomers helps maintain an open ecosystem.
The platform’s sandbox-style gameplay allows users to create and share their own game worlds, called Islands. This user-generated content model aims to ensure a steady stream of fresh experiences for players, potentially supporting long-term engagement.
Technical development continues alongside the token launch preparations. The team has emphasized their commitment to building robust infrastructure for the platform’s growing user base.
The December 17 launch will position ISLAND alongside other established metaverse tokens in the market. As the date approaches, the project team continues to focus on platform development and community growth.
The timing of the launch aligns with increased market activity in the gaming token sector, where several major players have seen substantial price movements in recent weeks.
The post Nifty Island’s ISLAND Token to Debut After 140,000-User Campaign appeared first on Blockonomi.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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