Crypto Island was introduced on August 21, 2021, generating a total of 1 trillion tokens. To increase scarcity, approximately 250 billion tokens were burned, accounting for 25% of the initial supply. As of November 23, 2021, there are now 513,121,942,535 tokens in circulation.
When selling Crypto Island tokens, a ten percent tax is imposed, which is then allocated to different areas. Three percent of the tax goes towards funding the purchase of the island, another three percent is redistributed to the liquidity pool (LP), two percent is allocated for marketing activities, and the remaining two percent is rewarded to holders of the tokens.
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