DRIFT, the studio and its associated token, which powers the Web3 game Payout Pursuit, accomplished a remarkable feat by selling out in the initial round of its presale in a mere two hours.
This groundbreaking project, crafted by a seasoned and transparent team, is now gearing up for its second presale round, scheduled for January 3rd at 12pm EST (5pm UTC).
DRIFT stands apart due to its innovative tokenomic structure, where the success of the game mutually benefits the studio token, and vice versa.
Notably, this structure manages to reduce sell pressure by creating a two-way insulation mechanism between the game and the studio.
Leveraging their extensive expertise in Web3 gaming and NFT publishing, the DRIFT team has acquired invaluable insights into what works and what doesn’t in terms of tokenomic models.
From the outset, the DRIFT team was focused on developing a project that would appeal to both Web3 gamers and non-gamers, given their proven track record and deep understanding of the broader crypto landscape.
In the wake of the triumph in the first presale round, the core team and developers are now actively strategizing for scalability while preserving their grassroots, organic approach to forming partnerships and nurturing their community.
DRIFT’s CEO, Josh Chand, underscored the community’s resonance with the concept of a studio token rather than an in-game token, as well as the allure of a cross-chain gaming experience.
He explained, “The real benefit of this tokenomic model is that gamers and non-gamers can all participate in the studio’s endeavors.”
The DRIFT team also manages Influ3nce and its Amba$$ador program, an initiative that enables Key Opinion Leaders in the Web3 space to financially benefit by involving their followers and communities in endorsed projects.
Significantly, many presale investors participated in the Ambassador program, which rewards community members with a share of the revenue for actively supporting the project.
Community engagement remains a central pillar of the DRIFT project, but CEO Chand emphasizes that quality remains the paramount factor in any project’s success.
He stated, “We’ve had some early success, but we’re not resting on our laurels. We understand that communities are built around quality projects—in the end, quality really counts.”
The second presale round is set to commence on January 3rd at 12pm EST (5pm UTC).