Aftermath Islands to mint native DUBS token on DigitalBits blockchain

Aftermath Islands, one of the fastest growing blockchain-based gaming ecosystems, has announced that it will mint its native utility token Doubloons (DUBS) on the open source blockchain network DigitalBits.

DUBS, an in-game currency for the Aftermath Islands ecosystem, will also go live on NicoSwap, a decentralized exchange (DEX) protocol on the DigitalBits blockchain. The token’s listing on the exchange is expected to add value to Aftermath Island’s virtual offering and benefit customers within the gaming and metaverse space.

1 billion DUBS tokens for rewards

Aftermath Islands Metaverse Limited plans to mint 3.5 billion DUBS tokens, with approximately 1 billion of these earmarked for distribution within the free play-to-earn (P2E) game The lost kingdom of T’Sara. According to the platform, the tokens will be for in-game rewards and incentives, and also to facilitate the ecosystem’s marketing activities.

DUBS’ addition to the decentralized exchange NicoSwap is scheduled for Q3, 2022 and will introduce a liquidity pool and Automated Market Making capabilities for users.

David Lucatch, CEO, comments on the coin and the overall experiences that Aftermath Islands is preparing for its community:

Built with Unreal Engine 5 and using the latest technology that supports pixel streaming, Aftermath Islands will offer realistic graphics and user experiences throughout its multi-island landscape. Gamers, brands, educators and other groups will be able to work, play, play, entertain, learn, socialize and embed a real online experience where everyone is a real person promoting safety and fair play. The power, flexibility and established brands already on the DigitalBits blockchain is one of the main reasons Aftermath Islands chose their blockchain as the utility token.”

Aftermath Islands just secured a huge investment

The details of DUBS token mint, shared with Invezz today, was announced at the Monaco Crypto Summit, and comes hot on the heels of headline news for the virtual reality platform.

Earlier this week, Aftermath Islands announced a $25 million funding round led by global investment firm LDA Capital, and followed it up with the acquisition of the Meta Hero Project, with the latter adding tradable in-game elements and non-fungible tokens (NFTs).

The key development also comes just a few months after Aftermath Islands signed soccer legend David Beckham as its spokesperson, as well as signing a sponsorship deal with FC Roma.

Led by top tech entrepreneurs, developers and designers, the Aftermath Islands team is making great strides in advancing the Web3 gaming and metaverse industry. The team has worked with well-known names such as Marvel, DC Comics, Paramount and Warner Bros, among other global brands and institutions.