Multi-token Economy

Degen Islands has a multi-token economy - Nuggets ($NUGGETS) and Degen Gold ($DGOLD) - to ensure the sustainability and scalability of the Degen Islands ecosystem, as well as providing economic incentives to encourage players to participate in the gameplay.
A multi-token economy:
Reward players for mining their land and incentivising them to utilise tokens for transactions
Create an internal in-game circulating economy
Decentralise the ownership and governance of Degen Islands
Degen Island tokens: 
NFTs
​ISLAND NFT
The ISLAND NFT serves as ownership of a plot of land (an island) within Degen Islands 
Supply: 78,000
​ITEM NFT 
ITEM NFTs are digital props that are created by users of Degen Islands. 
Supply: Infinite 
​GEM NFT
The GEM NFT acts as a $NUGGET multiplier for the holder. 
Supply: 3,550 
Tokens
​Nuggets ($NUGGETS)
In-game currency used for all transactions within the Degen Islands in-game ecosystem 
Supply: Infinite 
​Degen Gold ($DGOLD) 
Governance token used throughout the Degen Islands ecosystem. 
Supply: 3 billion
Last modified 1yr ago