Allocation & Distribution
An overview of how the total ISLAND token supply is divided among different stakeholders and distributed over time.
Last updated
An overview of how the total ISLAND token supply is divided among different stakeholders and distributed over time.
Last updated
The total supply of ISLAND tokens is capped at 1,000,000,000 (one billion).
What follows is a breakdown of the end state, fully diluted allocation of ISLAND token and a look at how ISLAND token is distributed over time.
The initial distribution of ISLAND was executed through our Play-to-Airdrop (P2A) campaign and conducted over the course of three waves, the last of which concluded on November 1, 2024. Designed to reward genuine gameplay and engagement, our P2A campaign will distribute ISLAND tokens to a broad range of users who actively participated in and contributed to the Nifty Island ecosystem and creator economy.
25% of the ISLAND airdrop will be liquid at TGE. The remainder will unlock over 3 to 6 months based on participation in the new staking mechanism that will be introduced at TGE to enable our new Play-to-Earn system along with other benefits for stakers. Given the generous allocation of ISLAND per capita, this unlock period will ensure a more sustainable token distribution model while rewarding participants both immediately and over time.
The largest community allocation of ISLAND is designated for the Rewards Pool, which will be distributed to support live ISLAND token earnings and the long-term growth of a sustainable creator economy in Nifty Island.
The Ecosystem Incentives pool will be used to attract creators, developers, and other third parties to the Nifty Island ecosystem as it expands over time. This will include grants and prizes, rather than in-game automated incentives.
🔒 Lockup Terms:
71% fully locked for 2 years from TGE, then linearly unlocked over another 2 years.
29% fully locked for 3 years from TGE, then linearly unlocked over another 3 years.
Investors have the second largest allocation of ISLAND. They have contributed over $28.5 million to fund the development of Nifty Island. Our strategic investors and advisors have been instrumental in helping us build and bring Nifty Island to market. Our investors are exceptionally long-termist and aligned with the best interests of ISLAND and the Nifty Island community. To reflect that, they have agreed to long lock-ups.
Some of our strategic investors and advisors include:
Distributed Global
Hashed
Arrington Capital
Collab + Currency
Sfermion
CMT Digital
Solana Foundation
Yield Guild Games
WWVentures
Angel investors including...
Santiago R Santos
DCinvestor
Cozomo de' Medici
Dingaling
Parallelairev
Richard Ma
Piers Kicks
Gabby Dizon
🔒 Lockup Terms:
66% fully locked for 2 years from TGE, then linearly unlocked over another 2 years.
34% fully locked for 1 year from TGE, then linearly unlocked over another 1 year.
The team allocation is designed to align incentives for the core team and key contributors throughout Nifty Island's development phases. This allocation ensures that the team remains motivated to drive strong network expansion, deliver a robust product, and support ongoing development, marketing efforts, and other critical expenditures necessary for the creation, maintenance, and day-to-day operations of Nifty Island. Similarly to investors, a majority of team tokens are on a 2-year lock-up from TGE, ensuring the team is aligned with the long-term interests of ISLAND and the Nifty Island community.
The Project Treasury serves as the capital reserve for Nifty Island, managed at the discretion of the Nifty Island team initially. These funds are reserved for initiatives that will promote network expansion, support further development, and enhance the overall ecosystem. The Treasury ensures that Nifty Island has the resources necessary to drive growth, fund strategic projects, and adapt to evolving needs within the web3 gaming space.
The Exchange Liquidity allocation is dedicated to providing the necessary liquidity for ISLAND tokens on exchanges. By maintaining healthy liquidity, we aim to create a more stable and efficient market for ISLAND, facilitating smoother transactions and fostering trust among token holders and traders.