X Empire, a popular tap-to-earn game themed around Elon Musk, is gearing up for the launch of its X token on The Open Network (TON) on October 24, 2024. This highly anticipated event comes alongside a significant airdrop for players, further enhancing community engagement within the game.
X Empire has experienced remarkable growth, attracting over 50 million players in recent months. The upcoming token launch is expected to bolster this momentum, providing players with new opportunities to engage with the game’s ecosystem.
On the same day as the token launch, an airdrop will be conducted for players, allowing them to claim their tokens on various exchanges, including OKX, Bybit, Bitget, KuCoin, Gate.io, and MEXC.
The developers initially announced a delay following the completion of the mining phase on September 30. In response, they introduced a “Chill Phase,” which reset all players’ progress to zero and allocated an additional 5% of the total token supply to incentivize participation during this gameplay period.
The Chill Phase concluded on October 17, offering players a final chance to earn extra tokens before the official launch.
The total supply of the X token will be 690 billion tokens, with 70% (approximately 483 billion tokens) allocated for miners and early adopters through the airdrop. The remaining 30% (around 207 billion tokens) is reserved for future development and onboarding new users.
Pre-market trading indicates that the X token could start at an initial price of around $0.0002, giving it a fully diluted market cap of approximately $138 million. However, market dynamics may lead to volatility in the early stages post-launch.
The X Empire team has stated that further information regarding the utility of the X token and its role within the game’s ecosystem will be shared shortly. The success of this token launch will largely depend on community engagement and how effectively it integrates into gameplay mechanics.
X Empire has drawn comparisons to other popular tap-to-win games like Hamster Kombat and Notcoin, positioning itself within a competitive gaming market. As it prepares for its launch, stakeholders will closely monitor how it differentiates itself and retains player interest amid increasing competition.
The launch of the X token on October 24 marks a significant milestone for X Empire, promising exciting opportunities for its extensive player base. With an accompanying airdrop and strategic planning in place, the developers aim to foster community engagement while navigating the complexities of launching a new cryptocurrency in a competitive landscape.