Token Utility

Deep platform-wide utility, meets staking, meets web3s leading game world.

Staking more ISLAND means greater utility

Utility through staking, a token designed to be held

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.

Note - ISLAND token staking is supported on both Ethereum and Base.

1. Core Pillars of ISLAND Utility

Holding and staking ISLAND token grants the player a host of new powers within the Nifty Island ecosystem, aimed at enhancing players' ability to participate in Nifty's creator economy and shape the future of the platform. These core utilities are described at a high level below and details are given on the linked subpages.

Increased Rate of Token Earnings

ISLAND stakers will enjoy increased Earning Power, allowing them to earn ISLAND tokens at a faster rate through active play and participation.

Enhanced Island Creation

Creators and artists who stake ISLAND tokens can access greater platform resources, allowing for the creation of larger, more immersive islands and more activities to participate in.

Access to Special Prizes

ISLAND stakers will enjoy exclusive access to special events, prizes, and content.

Consumables

ISLAND stakers will earn consumable items at a rate dependent on how much they stake. These items can be used to boost your content and earnings within the platform.

Governance Participation

Staking ISLAND token grants users the right to participate in governance, enabling them to vote on select future game and platform decisions. Voting power will scale in proportion to how much a player stakes.

2. Expanding Utility as Nifty Island Evolves

We see the above as a V1 of ISLAND token's role on the platform. As the depth and breadth of the UGC on the platform expands, as the marketplace and its inventory evolves, and as new substrates of the game's economy and overall experience come online, ISLAND's utility will too expand.