The post Not Another Token Launch: The Value of Sustainable Models Over Quick Profit appeared on BitcoinEthereumNews.com.

Web3 gaming studio Drift Zone has launched its native token, $DT. The token generation event began with initial DEX offerings on February 18, followed by a confirmed listing of $DT on the MEXC cryptocurrency exchange on February 20. The studio has secured additional partnerships with GameFi and Eesee, setting the stage for a successful project. An average of 5,300 new tokens launched every day between January and early April 2024. New cryptocurrency issuance reached a record high in January 2025, when more than 600,000 new tokens entered the market, up 12-fold compared to January 2024. In a recent X post, CoinGecko cofounder and COO Bobby Ong commented that an average of 50,000 new tokens were minted monthly in 2022 and 2023. Notwithstanding January’s 600k record, there were 400,000 new tokens a month in the final quarter of 2024. Long-term engagement ensures project sustainability Why does the announcement by Drift Zone involve an event beyond yet another token launch? Drift Zone’s exclusive ‘Early Adopter’ campaign aims to prevent immediate token sell-offs and encourage long-term engagement by incentivizing both active users and passive investors. A wallet snapshot is taken on a specific date, and holders who grow or maintain their token balance over a fixed term qualify for bonus tokens, airdrops, and additional allocations. Users who actively engage with Drift Zone will receive rewards based on their in-app token use. Feature interactions, in-app transactions, and other engagement metrics will determine eligibility for tiered rewards. Organizations are making more effort to stand out as the number of token launches continues to surge. Platforms like pump.fun are contributing to the adverse phenomenon by making token creation effortless. While the natural exuberance of the bull market is an undeniable factor, today’s diverse token array thinly spreads investor attention and liquidity, resulting in disjointed price movements. More established altcoins…

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Filed under: News - @ February 22, 2025 12:23 pm