Metaverse platform HYTOPIA is set to launch a new token, HYBUX, replacing its existing TOPIA token. The HY Foundation announced that for every TOPIA held, holders will receive two HYBUX tokens, with the airdrop eligibility period extended to September 1st. HYBUX will have an initial supply of 10 billion and will be listed on the Base Chain to enhance liquidity and exchange access. The platform will also restructure its NFT utility, introducing inflation hedging mechanisms and a creator support system to optimize value distribution within its ecosystem. Earlier this year, HYTOPIA secured $3 million in funding led by Delphi Ventures.