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:
ISLAND NFT
The ISLAND NFT serves as ownership of a plot of land (an island) within Degen Islands
Supply: 78,000
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