Degen Islands
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GEM NFT

The GEM NFT acts as a $NUGGET multiplier for the holder. For example, by holding a Diamond GEM NFT in your wallet, any new in-game $NUGGETS that a user mines on an island are multiplied by two.

Supply

3,550

Origin

GEM NFTs will be randomly distributed across 78,000 islands

Trading

Holders of a GEM NFT can trade it on the in-game Degen Islands Marketplace or third-party secondary marketplaces such as Magic Eden.

Utility

Players that hold more than one GEM NFT will benefit from only one multiplier. For example, if a player held one Emerald and one Diamond, the player would benefit from a 2.0 multiplier because the Diamond GEM has the greatest multiplying effect. The player would not benefit from a 3.25 multiplier.
Gem
$NUGGET Multiplier
Supply
Emerald
1.25
2,000
Ruby
1.5
1,000
Sapphire
1.75
500
Diamond
2
50

Royalties

There will be a 5% royalty fee for each GEM NFT secondary sale.