Tokenomika Tales X (X)

The token economics of X Empire ($X), the native cryptocurrency of the financial strategy game built on The Open Network (TON) blockchain, are primarily structured around incentivizing community participation through a massive airdrop and maintaining long-term sustainability through reserves and deflationary mechanisms.

Issuance Mechanism

The total supply of the $X token is capped at 690 billion $X tokens.

The issuance mechanism is centered on a large-scale initial distribution via an airdrop to early participants, followed by a reserve for future growth. The token was issued on The Open Network (TON) blockchain, with the Token Generation Event (TGE) and initial airdrop scheduled for October 24, 2024.

Allocation Mechanism

The token allocation is heavily weighted toward the community and early adopters, with a significant portion reserved for future development and incentives.

Note: Some sources initially cited the airdrop allocation as 70% (483 billion tokens) and the reserve as 30% (207 billion tokens). However, later updates confirmed the addition of a 5% "Chill Phase" allocation, bringing the total community distribution to 75% and the reserve to 25%.

The distribution of airdrop tokens to individual users is determined by several key factors:

• Wallet Connection: Users must have a connected TON-compatible wallet to be eligible.
• In-Game Profit per Hour: This metric gauges a player's activity and heavily influences their token allocation.
• Number and Quality of Friends: Referral bonuses are awarded for bringing new players into the ecosystem.
• Active Participation: Consistently engaging in mining, quests, and strategic investments.

Usage and Incentive Mechanism

The $X token is designed to be the native cryptocurrency of the X Empire ecosystem, driving gameplay and strategic features. The incentive structure focuses on rewarding active participation and creating utility to drive demand.

Key Token Utilities:

• In-Game Features: $X tokens are used for staking, building, and unlocking premium features within the game.
• Game Center: Access to over 200 mini-games.
• Trading Bot: Used for strategic investments within the game.
• E-commerce: Future integration is planned for online transactions.
• Trading: After the airdrop and listing, $X tokens can be traded on exchanges.

Incentive Mechanisms for Players:

• Airdrop Rewards: The primary incentive for early participation, rewarding players based on their in-game activity and referrals.
• Daily Combos and Quests: Players earn rewards by completing daily challenges, such as the Riddle of the Day and making strategic investments in the virtual Stock Exchange.
• Referral Bonuses: Incentivizing community growth by rewarding players for inviting friends.
• NFT Vouchers: Players could mint and trade NFT vouchers on the Getgems marketplace ahead of the airdrop, which were convertible to $X tokens at a 1:1 ratio upon listing, providing early access to the token economy.

Deflationary Mechanism:

• Token Burn: The X Empire team planned to burn 5% of coins from inactive players starting from September 1, 2024, introducing a deflationary element to manage the circulating supply and incentivize continuous engagement.

Locking Mechanism and Unlocking Time

The primary token distribution event for X Empire was the airdrop, which occurred shortly after the mining phase ended on September 30, 2024, with the Token Generation Event (TGE) and listing scheduled for October 24, 2024.

Airdrop Unlocking:

• The tokens allocated via the airdrop were distributed to eligible users on or around the TGE date of October 24, 2024.
• NFT holders who participated in pre-market trading had a deadline of October 31 to convert their NFT vouchers into $X tokens and initiate on-chain withdrawals.

Exchange Launchpool Locking:

• For exchange-based distribution, such as the Bitget Launchpool, users could lock assets like BTC and ETH during a specific period (e.g., October 24 to November 3, 2024) to earn a share of a dedicated $X token allocation. These tokens were distributed hourly based on the locked volume.

Specific long-term vesting schedules or locking periods for the 25% reserve allocation for future rewards and incentive programs were not detailed in the available information.