Nifty Island is a new open-ended social metaverse and game hub developed by Nyft Studio expected to launch by the end of this year. It aims to create a community-owned and driven metaverse where digital assets can be brought together in a single realm.
On joining Nifty Island, every new citizen is given their separate island and a customizable avatar. They can play games, display their NFT collections, trade NFTs, and get incentives for playing and contributing content to the gameverse.
The metaverse would be based on an open social world where users can visit each other’s islands through the world map. Unlike some metaverses where land’s value is based on its location on the map.
The value of an island in this metaverse would depend on social factors like the number of users who want to visit the island and the level of engagement of visitors through different gameplay activities.
In this way, island owners are incentivized to build an engaging community around unique custom-made experiences, stories, and fun activities.
Nifty Island will have its own token for rewards, trading, and unlocking new capabilities in the metaverse.
There will be an NFT marketplace in the metaverse where users can buy, trade, and sell their digital assets using the native token, which is not yet disclosed.
The project looks for digital artists, creators, 3D artists, game devs, and NFT collectors to join them as they approach their launch. Early contributors will also be incentivized.
If you like podcasts, Charles Smith, Founder of Nifty Islands explains the project in Zima Red podcast.