Barbados, British Virgin Islands, July 29, 2022 (GLOBE NEWSWIRE) —
The Aftermath Islands in-game activations tool will be minted using DigitalBits and added to NicoSwap as part of the rollout and expansion of Aftermath Islands’ unique virtual lives, games and Metaverse offerings
Aftermath Islands, an immersive and highly interactive blockchain-based virtual reality platform, has chosen DigitalBit’s blockchain for minting Doubloons (DUBS), the original utility and 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 set aside for in-game circulation and economy, The lost kingdom of T’SaraAftermath Islands’ free game to monetize, rewards, incentives, marketing and promotional activities and to facilitate other in-game initiatives.
DigitalBit’s 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 tokenized currencies, NFTs, stablecoins and more. Designed to be enterprise-class, it can process up to 10,000 transactions per second and provides the fast, cost-effective and high-performance infrastructure and services needed to support the highly innovative solutions and offerings that blockchain organizations need to service and interact with their customers.
Aftermath Island’s DUBS utility token will also be added with an XDB/DUBS liquidity pool on NicoSwap, the decentralized exchange (DEX) and open source platform built on the DigitalBits blockchain. Along with providing users with Liquid Pools and Automated Market Making technology, transactions via NicoSwap will be faster and cheaper than other DEXs such as UniSwap. The launch date for this listing is targeted for Q3 2022.
Aftermath Islands will also collaborate with other organizations within the DigitalBit ecosystem to develop new and exciting opportunities for brands, partners, players and users as Aftermath Islands properties, experiences, assets and offerings continue to grow and evolve.
“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 why Aftermath Islands chose their blockchain as the utility token. so CEO of Aftermath Islands David Lucatch.
Al Burgio, founder of DigitalBits blockchain commented, “It is a pleasure to welcome Aftermath Islands into the DigitalBits ecosystem and NicoSwap. The decision to select DigitalBits to support the launch of the Aftermath Islands tool validates the strong opportunity that exists with the growing ecosystem across a number of categories and industries . Aftermath Islands is building an incredible virtual life, game and Metaverse platform and together with their DUBS token will no doubt contribute to the growing utility of DigitalBits.”
One of the first game-to-earn offers for Aftermath Islands is The lost kingdom of T’Sara (LKoT), a free-to-play, online clicker game in development. In LKoT, players can earn resources, NFTs, and utility tokens for performing in-game tasks and completing missions. These assets can then be used in-game or traded elsewhere in the Aftermath Islands Metaverse. LKoT fully supports Aftermath Islands’ philosophy of decentralization and economic inclusion and promises to provide captivating experiences that allow people all over the world to earn their way into virtual land ownership.
Aftermath Islands also recently announced that it has secured $25 million in funding from LDA Capital, a global investment group focused on highly promising and disruptive technologies. Aftermath Islands also recently acquired all of its assets and IP Meta Hero Project. This IP is used to create a wide range of in-game items and NFTs that players can buy, sell, and use within the virtual worlds of Aftermath Island, as well as any other compatible blockchain-based experience platform.
Aftermath Islands is led by a pioneering group of technology entrepreneurs, designers, developers and storytellers. The team has worked with some of the world’s most recognized and respected brands and institutions, including Marvel, Paramount, DC Comics, Warner Bros and many more.
Learn about Aftermath Island’s virtual world here, and read about how the project is disrupting
Metaverse development in the project’s light paper.
About Aftermath Islands Metaverse Limited – www.aftermathislands.com
Aftermath Islands Metaverse Limited is a Barbados company 50% owned and controlled by Oasis Digital Studios Limited, a wholly owned subsidiary of Liquid Avatar Technologies Inc (CSE:LQID/OTC:LQAVF). Aftermath Island Token Limited, a wholly owned subsidiary of Aftermath Islands Metaverse Limited, is a British Virgin Islands company
Aftermath Islands Metaverse is built as an open world, realistic graphical platform with islands representing destinations in a global virtual game. In the virtual world of Aftermath Island’s Metaverse, users can buy, develop, trade, and sell Virtual Land (VL), real estate, and items such as buildings, crafted items, transportation, and other items through in-game collectibles, a non-fungible token that represents the ownership of virtual and other objects. Each plot or package of VL is unique and owners can choose, based on themes and other fair play rules, which content they want to publish on VL. This can vary from simple landscapes and structures to an interactive game, business, warehouse, home, facility or destination. Users can purchase VL as well as all other goods and services in Aftermath Island’s Metaverse with fiat and other authorized currencies, coins and tokens. In the future, users will be able to use DUBS, short for Doubloons the currency of Aftermath Island’s Metaverse in the game.
About DigitalBits Blockchain – www.digitalbits.io
DigitalBits is a layer-one blockchain protocol that prioritizes security, speed and cost savings. Any asset can be tokenized on DigitalBit’s blockchain, including NFTs created by artists, sports organizations and other brands. By making micropayments efficient and cost-effective, DigitalBits provides the foundation for the true mass adoption of blockchain technology and cryptocurrency.
Media contact:
Robert Pennington
