Nifty Island(ISLAND) Startup Mining Initial Offering on Gate.io

Nifty Island (ISLAND) is now live on Gate.io Startup Mining! Stake supported asset to earn ISLAND token rewards every hour!

1.Nifty Island (ISLAND) Mining Rules

(1) Staking Period: 12:00 PM on December 25th - 12:00 PM on December 30th, 2024 (UTC)

(2) Total Rewards: 333.333 ISLAND

(3)Unlocking Rule: 100% Unlock

2.Reward Calculation and Distribution

(1) ISLAND Staking Pool: The system will take multiple snapshots of personal staking amounts hourly, and take the average staking amount as the valid staking amount. Hourly staking reward = (Individual latest 1-hour valid staking amount / Total pool staking amount) × Hourly reward pool

(2) "Single-Coin Multi-Mining" GT Pool: The system will take multiple snapshots of users' GT and GT2 holdings every hour and take the average as the effective holding amount. Hourly rewards for users = (User's GT holdings + User's GT2 holdings) / (Total GT holdings of all participants + Total GT2 holdings of all participants) x hourly reward pool.

(3) Token rewards will be distributed into the spot accounts of eligible users hourly.

(4) Users can join ISLAND Staking Pool or "Single-Coin Multi-Mining" GT Pool at the same time to earn rewards from ISLAND pool and GT pool separately.

3.Introduction to Nifty Island (ISLAND)

Nifty Island is an open gaming platform powered by user-generated content, where NFT, memecoin, and web3 communities can play, create, and earn rewards. Everyone is given a free island to build their dream world, showcase their digital collectibles, and create fun games and experiences for others to explore. With over 70.000 user-generated islands built, 75.000 user-generated assets created, and 1.3 million user-generated games played, Nifty Island is one of the most active creator economies in web3 gaming.

Website: https://www.niftyisland.com/

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