The team at Universe Island has scheduled the 23rd of December as the date for the IGO and token sale. The IGO will see the allocation of $300,000 worth of $UIM tokens, set at $0.00021, with 20% vesting at the Token Generation Event (TGE), followed by four months of monthly vesting. The launch, carried out in partnership with Seedify, will also see $SFUND token holders eligible to purchase $UIM tokens. The IDO will be scheduled for the 23rd of December, with the pool will open up to 3 PM UTC, and phase 2 will begin at 5 PM UTC.
The UIM Token
The $UIM token powers the Universe Island game and its entire ecosystem, acting as the primary in-game token of Universe Island. As the ecosystem’s primary economic driver, all in-game rewards are paid through $UIM tokens. Token holders can also stake their tokens and earn staking rewards. The total supply of the $UIM token has been capped at 100,000,000,000 tokens. Let us look at the token allocation for the $UIM token.
As mentioned earlier, we have capped the total number of $UIM tokens at 100,000,000,000, allocated in the following way.
- 22% of the tokens have been allocated to the private sale round for $0.00018.
- 4% of the tokens allocated to the seed round for $0.00014.
- The public sale sees 2% of the total tokens for $0.00021.
- 15% of the tokens have been allocated towards game rewards.
- 16% of the tokens have been allocated towards staking.
- 10% of the tokens will be allocated to the Universe Island team
- Community rewards will be allocated 6% of the tokens, while a further 6% will be allocated towards liquidity.
- 4% of the total allocation will be allocated towards marketing purposes.
- 11% of the tokens will be allocated towards the project’s development.
- 4% shall be allocated towards project advisors.
Use Cases Of The $UIM token
As mentioned earlier, the $UIM token is the primary driver of the Universe Island ecosystem. In-game rewards are paid to players in $UIM tokens, while token holders can also stake their tokens and access staking rewards. Let’s analyze some of the use cases of the $UIM token.
- $UIM token holders receive special recognition as token holders within the game.
- Token holders do not have to pay extra fees at the Universe Island NFT marketplace. However, token holders would be required to pay the transaction fees on the Binance Smart Chain.
- The $UIM token is also a governance token, which means token holders can vote on critical decisions regarding the game and its development. Token holders can vote on critical decisions such as proposals, funding, game development, and the platform’s future.
- $UIM token holders are eligible for several in-game benefits.
About Universe Island
Universe Island is a third-person shooter game that combines an underlying storyline with NFT integration, allowing players to experience a game driven by its story, along with NFT equipment progression and cryptocurrency rewards. Our game is set in the metaverse and takes the gaming experience for players to a new level. Players on Universe Island can compete against one another on their way to becoming elite players. The game also offers players an unrivaled play-to-win model, powered by our $UIM token. The more you play, the more you earn.
Universe Island features a unique terrain coupled with custom maps and AI enemies. The team at Universe Island will be adding further maps and islands, with no current limitation on the number of worlds or islands the game could feature. Players will spawn at any random location on the map, engaging either in a 1vs1 format or a multiplayer format. All that a player needs to do to win is defeat the opposing player or players while avoiding or defeating aI-controlled enemies. Typically, a game lasts between 5–7 minutes, with game-winners rewarded $UIM tokens.