[Metaverse Platform HYTOPIA to Launch New Token HYBUX, 2 HYBUX for Every 1 TOPIA Held] The HY Foundation under the metaverse platform HYTOPIA has announced a major update to its tokenomics, introducing a new token, HYBUX, to replace TOPIA. The initial supply will be 10 billion tokens, with plans to launch on the Base chain to enhance liquidity and exchange accessibility. The airdrop ratio is 2:1, meaning holders of 1 TOPIA will receive 2 HYBUX. The eligibility period for the airdrop has been extended to September 1, Beijing time. The project will also comprehensively revamp NFT utility, introduce an inflation-hedging mechanism, and implement a creator support system to further optimize the distribution of ecosystem value. Earlier in 2023, it was reported that the metaverse platform HYTOPIA completed a $3 million funding round, led by Delphi Ventures.