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Monday, December 23, 2024

Aftermath Islands to Mint Native DUBS Utility Token on DigitalBits' Fast, Eco-Friendly Blockchain - GlobeNewswire

Last updated Friday, July 29, 2022 03:00 ET , Source: NewsService

Barbados, British Virgin Islands, July 29, 2022 (GLOBE NEWSWIRE) --

Aftermath Islands utility token with in-game activations will be minted using DigitalBits and added to NicoSwap as part of the roll-out and expansion of Aftermath Islands’ unique virtual life, gaming and Metaverse offerings

Aftermath Islands, an immersive and highly-interactive blockchain-based virtual reality platform, has selected the DigitalBits blockchain for minting Doubloons (DUBS), the native utility token and in-game currency of Aftermath Islands and will be added to NicoSwap. This development was confirmed today at the Monaco Crypto Summit. A total of 3.5 billion DUBS tokens will be minted, with approximately 1 billion DUBS being set aside for in-game and economy circulation, Lost Kingdom of T’Sara, Aftermath Islands’ free play-to-earn game, rewards, incentives, marketing and promotional activities and to facilitate other in-game initiatives.

The DigitalBits blockchain is fast, eco-friendly, user-friendly, and was built for brands. It is an open-source blockchain that powers a wide range of digital assets, including branded currencies, NFTs, stablecoins, and more. Designed to be enterprise-grade, it can process up to 10,000 transactions per second and provides the fast, cost-effective, and highly performant infrastructure and services needed to support the highly innovative solutions and offerings that blockchain organizations need to provide services to and interact with their customers.

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Read Full Story: https://www.globenewswire.com/news-release/2022/07/29/2488520/0/en/Aftermath-Islands-to-Mint-Native-DUBS-Utility-Token-on-DigitalBits-Fast-Eco-Friendly-Blockchain.html

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