Nifty Island ( $ISLAND ) Token Price Now
Nifty Island price today is $0.0519 with a 24-hour trading volume of $16,747,996. ISLAND price is down -1.99% in the last 24 hours. It has a max supply of 1000Mil.
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Technical Analysis :
Nifty Island $ISLAND had dropped around 80% after the listing on the bitget exchange and is accumulating around $0.05 right now . It would take real time to recover now from the this fall .
What Is Nifty Island(ISLAND) ?
Nifty Island is a community-driven gaming platform where players can build and play games together, explore player-created islands, and compete for compelling rewards. Build your own island. Invite your friends. Win rewards. Play any game that you can imagine and engage in prize-fueled competitions. The internet's best communities play on Nifty Island.
The Founders of Nifty Island(ISLAND)?
The Nifty Island team is defined by shared passion for gaming and the web3 space. They are life long gamers, crypto enthusiasts, and artists. The team members have been involved in the creation of novel applications in the web3 and NFT space since 2018.
What Is ISLAND Token ?
The ISLAND token ($ISLAND) is the native utility and governance token that powers the Nifty Island ecosystem and its creator economy.
Designed as a finite commodity, the ISLAND token allocates limited and exclusive platform resources, enabling users to enhance their gameplay experience, creative limits, and earnings within the Nifty Island ecosystem.
Think of it as the scarce commodity that grants its holders premier access to playing, earning, and shaping Nifty Island.
By democratizing some control and access to Nifty Island through immutable on-chain property rights, ISLAND helps cement our ecosystem's role as an open gaming public good for every community, creator, and player to leverage as they see fit.
ISLAND Utility
ISLAND token's utility is unlocked through staking. By depositing tokens in a smart contract, players are granted access to a host of platform-wide abilities and benefits in accordance with how much they stake. The amount of ISLAND token a player stakes scales player benefits. Some token-related perks unlock at specific staking thresholds, while others scale incrementally with staked token.