Universe Island has just announced its highly anticipated IGO and token sale. The IGO and token sale has been scheduled for 23rd December, which will see an allocation of UIM tokens worth $300,000 at an IGO price of $0.00021. The IGO will also see 20% vesting on Token Generation Event (TGE), followed by 4-month monthly vesting. $SFUND token holders will also be eligible to purchase $UIM tokens and enter the metaverse of Universe Island. The IGO will take place on the 23rd, with the pool open until 3 PM UTC, with Phase 2 beginning at 5 PM UTC.
The $UIM token is what powers the Universe Island Ecosystem. The token allows players to participate in auctions for NFTs and purchase game-related items from the Universe Island marketplace. Players can also use the $UIM token as a governance token, allowing them to have a say in the project’s direction. Alternatively, they can also stake their $UIM tokens and earn rewards.
The UIM Token
The $UIM token is the primary token of the Universe Island ecosystem, acting as the primary economic driver of the game and ecosystem. Players pay their in-game rewards in $UIM tokens, with token holders also able to stake their tokens and earn staking rewards. The total supply of the $UIM tokens has been capped at 100,000,000,000 tokens. The token has several uses, some of which are as follows,
- All $UIM token holders will receive special recognition as token holders within the game.
- $UIM token holders will not have to pay any extra fee at the NFT marketplace. However, they will be required to pay the transaction fees on Binance Smart Chain.
- Token holders can also access several in-game benefits.
- Since the $UIM token also acts as a governance token, token holders can vote on critical decisions regarding Universe Island, such as funding, proposals regarding game development, and the future direction that the platform takes.
The 100,000,000,000 UIM tokens shall be allocated in the following manner.
- 4% of the tokens will be allocated to the seed round at $0.00014. (4,000,000,000 tokens)
- 22% tokens allocated to the private sale round at $0.00018. (22,000,000,000 tokens)
- 2% of the tokens have been allocated to the public sale at $0.00021. (2,000,000,000 tokens)
- 16% of the tokens have been allocated towards staking.
- 15% of the tokens are allocated towards game rewards.
- The team behind the project will be allocated 10% of the tokens.
- 6% of the tokens will be allocated towards community rewards.
- 6% of the tokens will be allocated towards liquidity.
- An additional 4% will be allocated towards marketing purposes.
- Project advisors will be allocated 4% of the $UIM tokens.
- 11% to be allocated towards project development.
About Universe Island
Universe Island is a classic third-person shooter game packed with a riveting underlying story and NFT integration, allowing players to experience cryptocurrency rewards and NFT equipment progression, along with beautifully woven story-driven action. Players compete with one another while also battling AI enemies to become elite players. The game’s play-to-win ecosystem is powered by the UIM token, which powers the ecosystem.
The Universe Island metaverse is constantly expanding, with no cap on the number of maps or islands featured in the game. Players will spawn at different ends of the map, competing against each other in various game modes such as 1-vs-1 or multiplayer. Players claim victory by shooting down the other player while avoiding AI-controlled enemies. Each game typically lasts around 5-7 minutes, with winners rewarded with UIM tokens.