DRIFT Labs Revolutionizes Web3 Gaming With Utility-Driven Studio Token

Drift, a game studio of Web3, aims to innovate the narrative of Web3 gaming tokens with its studio token, DRIFT. This token stands out by offering utility beyond the game, allowing gamers to modify their experiences with NFT skins and exclusive features. Non-gamers can stake DRIFT tokens to receive a percentage of the game's revenue, while a portion of the game's income is allocated to enhance DRIFT's liquidity. Unlike in-game reward tokens, DRIFT is not subject to sell pressure. Its distinct tokenomic structure links the game's success to the studio token and vice versa. Through a two-way insulation mechanism, the team mitigates sell pressure by isolating the game and the studio. Drift's team, with expertise in Web3 gaming and NFT publishing, aims to develop a project appealing to Web3 gamers and non-gamers.

DRIFT Labs Revolutionizes Web3 Gaming with Utility-Focused Studio Token

In the rapidly evolving realm of Web3 gaming, DRIFT Labs stands out as a beacon of innovation, introducing a groundbreaking studio token, DRIFT, that transcends the limitations of typical in-game tokens. DRIFT's unique tokenomics structure seamlessly intertwines the success of the game with the value of the studio token, fostering a mutually beneficial ecosystem.

Introducing DRIFT: A Multifaceted Token for Gamers and Non-Gamers

DRIFT empowers both gamers and non-gamers with its versatile utility. Gamers can leverage DRIFT tokens to tailor their in-game experiences, unlocking exclusive features and customizing their avatars with sought-after NFT skins. Additionally, non-gamers can stake DRIFT tokens to partake in the game's financial success, receiving a percentage of revenue generated.

Innovative Tokenomics: Mitigating Sell Pressure and Ensuring Sustainability

DRIFT's tokenomic architecture stands as a testament to the team's deep understanding of the challenges prevalent in GameFi. Unlike typical in-game rewards tokens, DRIFT is not subject to the sell pressure that has plagued many Web3 games. A strategic allocation of the game's revenue is dedicated to bolstering the liquidity of the DRIFT token, ensuring stability and long-term viability.

DRIFT's Ingenious Insulation Mechanism: Balancing Game and Studio

Furthermore, DRIFT Labs has implemented a two-way insulation mechanism that effectively reduces sell pressure by segregating the game's economy from the studio token. This ingenious design ensures that the success of the game directly influences the studio token's value, while preventing fluctuations in the token price from adversely affecting the game's performance.

A Team of Visionaries Leading the Web3 Gaming Revolution

The DRIFT Labs team brings a wealth of experience in Web3 gaming, NFT publishing, and the broader crypto landscape. Led by CEO Josh Chand, a seasoned crypto entrepreneur, and Dr. Michael Tabone, CFO and GM with extensive expertise in Web3, the team is committed to creating a sustainable and engaging ecosystem that appeals to both Web3 enthusiasts and mainstream gamers alike.

Payout Pursuit: A Play-to-Earn Gateway to the DRIFT Universe

DRIFT's inaugural offering, Payout Pursuit, is a cross-chain racing game that exemplifies the play-to-earn (P2E) model. Players compete in timed races to earn real-world rewards in the form of cryptocurrencies, while simultaneously contributing to the game's vibrant economy.

Token Overview and Allocation

Token name: Drift
Token symbol: DRIFT/USDT
Total supply: 10,000,000,000

The allocation of DRIFT tokens is meticulously designed to foster a thriving ecosystem:

• Presale: 1,703,373,977 (17.03%)
• IEO: 1,375,000,000 (13.75%)
• Expansion Reserve: 2,044,689,341 (20.45%)
• Marketing: 986,878,633 (9.87%)
• Strategic Partnerships: 826,078,603 (8.26%)
• Community: 684,779,476 (6.85%)
• Dex Liquidity: 172,413,793 (1.72%)
• Staffing Reserve: 669,553,645 (6.70%)
• Game Pool: 422,668,699 (4.23%)
• Ambassadors: 68,134,959 (0.68%)
• Burn: 1,000,000,000 (10.00%)
• Sponsorships: 46,428,873 (0.46%)

Addressing the Challenges of Web3 Gaming

DRIFT Labs recognizes the prevalent challenge of crafting sustainable tokens within GameFi. As CEO Josh Chand articulates, "Many Web3 games failed due to poor economic design, focusing more on Web3 integration than game quality and sustainable models. We wanted to do something entirely different."

DRIFT: A Catalyst for the Future of Web3 Gaming

DRIFT's innovative tokenomics and ingenious design address the fundamental issues that have hindered the sustainability of many Web3 games. As Web3 gaming evolves, studio tokens like DRIFT may bridge the gap between isolated ecosystems, fostering a new era of immersive gameplay and sustainable tokenomics.

DRIFT Official Media

• Website: https://drift.xyz/
• Telegram: https://t.me/driftxyz
• YouTube: https://www.youtube.com/channel/UCLh_xSjF85Euyeb5C5u4G0g
• Discord: https://discord.com/invite/driftxyz
• Payout Pursuit: https://payoutspursuit.com/

About Coinstore

Accessibility. Security. Equity.

Coinstore, a leading global platform for cryptocurrency and blockchain technology, aims to build an ecosystem that empowers everyone with access to digital assets and blockchain technology. With over 7 million users worldwide, Coinstore стремится стать предпочтительной торговой платформой цифровых активов и поставщиком цифровых услуг во всем мире.

Coinstore Social Media

• Twitter: https://twitter.com/coinstore_en
• Discord: https://discord.gg/coinstore
• Facebook: https://www.facebook.com/coinstoreexchange
• Instagram: https://www.instagram.com/coinstore_en/
• YouTube: https://www.youtube.com/c/CoinstoreExchange
• Telegram Discussion: https://t.me/coinstore_en_discuss
• Telegram Announcement: https://t.me/coinstore_en_ann