Nifty Island has integrated various Web3 communities to enhance its Roblox-style metaverse game and is now gearing up to launch ISLAND, an Ethereum-based utility token. ISLAND, with a total supply of one billion tokens, will serve as the ecosystem token for the in-game economy. The token will utilize LayerZero's omnichain technology, enabling it to function on Ethereum layer-2 network Base and eventually on Solana. The distribution of ISLAND tokens will primarily benefit the community, with rewards allocated for gameplay engagement, ecosystem incentives, and airdrop campaigns. Investors, advisors, the Nifty Island team, and the project treasury will also receive token allocations. Staking ISLAND tokens will offer holders enhanced rewards, access to exclusive resources, consumables, exclusive prizes, and governance voting rights. Nifty Island plans to introduce more benefits for ISLAND holders as the platform evolves. Read more AI-generated news on: https://app.chaingpt.org/news

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