The Economy Wipe was an event that occurred January 22, 2021. When the player logged in after the update, the system will automatically wipe items with an amount above the allowed capacity.
Reason[]
The reason for the economy wipe was a decision made by the developers of Islands about deleting items and money due to most of it being duped and ruining the economy. In the update announcement in their official Discord server, they wrote:
First off, we’ve decided to perform an economy wipe. After spending months patching dozens of dupes, we think now is the best time to clear out all of the duped items and coins that have been inflating market prices. The Islands economy revolves around player trading. Leaving duped items around makes it nearly impossible for us to balance. Good luck on your race to become the new richest player!
Reward[]
Players who had accumulated over 100 million coins prior to the update received a yellow portal color rather than purple upon logging in.