Tales X (X) tokenomics

X Empire is an AI-powered financial strategy game built on The Open Network (TON) blockchain. Originally launched as a Telegram mini-app, it has evolved into a broader ecosystem focused on digital identity and NFT creation. The tokenomics of its native token, $X, are designed to prioritize community distribution and incentivize active gameplay.

Issuance and Supply Mechanism

The total supply of $X tokens is capped at 690,000,000,000 (690 billion). The issuance was primarily driven by a mining phase that concluded on September 30, 2024, followed by a "Chill Phase" to further reward the community before the official Token Generation Event (TGE).

Allocation Mechanism

The distribution strategy for X Empire is heavily weighted toward its user base, with 75% of the total supply dedicated to the community.

• Community Distribution (75%): This includes 70% from the initial mining phase and an additional 5% allocated during the "Chill Phase." These tokens are distributed to miners and early adopters based on their in-game performance.
• Future Rewards and Incentives (25%): This portion is reserved for onboarding new users, platform expansion, future growth phases, and ongoing incentive programs.

Usage and Incentive Mechanism

The $X token serves as the primary utility token within the X Empire ecosystem. Its value and demand are driven by several in-game and platform features:

• In-Game Utility: Tokens can be used within the "Game Center," which features over 200 mini-games, and for strategic features like the "Trading Bot."
• E-commerce Integration: Future plans include integrating $X for online transactions and e-commerce.
• Airdrop Incentives: Token allocation for the airdrop was determined by specific engagement metrics:
  • In-Game Profit per Hour: A primary factor reflecting active gameplay.
  • Referrals: The number and quality of friends invited to the game.
  • Task Completion: Engaging in daily quests, riddles, and rebus challenges.
  • Wallet Connection: A mandatory requirement for receiving airdrop rewards.
• Deflationary Features: The team implemented a mechanism to burn 5% of coins from inactive players starting September 1, 2024, to manage supply.

Locking and Unlocking Mechanism

X Empire utilized a decentralized pre-market trading approach through NFT Vouchers. This served as an early access and locking mechanism for the community.

• NFT Vouchers: Players could mint NFT vouchers on the TON blockchain, representing a portion of their airdrop allocation. These vouchers were tradable on marketplaces like Getgems before the official token listing.
• Conversion Process: NFT holders were required to convert their vouchers into $X tokens. The deadline for this conversion and for initiating on-chain withdrawals was set for October 31, 2024.
• Unlocking Time: The official Token Generation Event (TGE) and airdrop occurred on October 24, 2024. Upon listing, NFT vouchers were convertible to $X tokens at a 1:1 ratio.
• Exchange Locking Pools: During the launch period, platforms like Bitget offered "Locking Pools" where users could lock BTC or ETH to earn a share of a specific $X airdrop allocation (approximately 2.9 billion tokens). These rewards were typically distributed hourly based on the volume of assets locked.