Tales X (X) tokenomics

The token economics of X Empire ($X), the native cryptocurrency of the innovative financial strategy game on The Open Network (TON) blockchain, are designed to incentivize early participation, reward active players, and reserve funds for future ecosystem development. The total supply of the $X token is capped at 690 billion $X tokens.

Issuance and Allocation Mechanism

The token supply is primarily distributed between community members (miners and early adopters) and a reserve for future growth.

Token Supply Breakdown

The total supply of 690 billion $X tokens is allocated as follows:

Note: Initial reports indicated a 70% airdrop allocation, which was later increased by an additional 5% during the "Chill Phase," bringing the total community distribution to 75% and the reserve down to 25%. The initial circulating supply was 517.5 billion $X tokens.

Airdrop Distribution Criteria

The distribution of the airdrop to eligible users is determined by several key performance indicators (KPIs) that measure player activity and contribution to network growth:

• Wallet Connection: Users must connect a TON-compatible wallet to be eligible for the airdrop.
• In-Game Profit per Hour: This metric gauges a player's activity and heavily influences the individual token allocation.
• Number and Quality of Friends: Players are rewarded for inviting new players or followers, boosting their token share and encouraging community expansion.
• Tasks Completed: Engagement in daily quests and strategic investments contributes to the final allocation.

Usage and Incentive Mechanism

The $X token is central to the X Empire ecosystem, serving as the native cryptocurrency that drives gameplay and strategic features. The incentive structure is designed to reward active participation and drive demand for the token.

Token Utility

After the token generation event (TGE) and airdrop, $X tokens can be used within the game ecosystem for various purposes:

• 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.
• In-Game Upgrades: Used for staking, building, and unlocking premium features.

Incentives for Players

Players are incentivized to earn $X tokens through core gameplay mechanics:

• Mining Coins: Tapping the screen to collect in-game currency, which is later converted to $X tokens.
• Upgrading: Boosting characters and businesses to increase passive income and hourly profit.
• Referral Bonuses: Earning rewards for inviting friends to the game.
• Strategic Investments: Using Daily Combo cards to invest in virtual funds for potential high returns.
• Negotiation: Engaging in player negotiations to win more coins.

Deflationary Mechanism

The X Empire team has implemented a mechanism to manage token supply by announcing plans to burn 5% of coins from inactive players starting from September 1, 2024. This mechanism aims to reduce the circulating supply and potentially support the token's value.

Locking Mechanism and Unlocking Time

While the primary distribution mechanism is the airdrop, there are specific locking and conversion mechanisms related to pre-market trading and exchange listings.

NFT Voucher Conversion

Ahead of the official token launch, X Empire introduced pre-market trading using custom NFT vouchers minted on The Open Network (TON). These vouchers represented early access to $X tokens and were traded on the Getgems marketplace.

• Conversion Process: NFT holders were required to send their vouchers to a specified address and connect the same wallet to see the $X tokens reflected within 24 hours.
• Conversion Deadline: A deadline of October 31 was set for NFT-to-$X token conversion and on-chain withdrawals.

Exchange Launchpool Locking

For the token listing on certain exchanges, a temporary locking mechanism was used to distribute a portion of the tokens:

• Locking Period: For one exchange's Launchpool, the locking period was set from October 24, 2024, to November 3, 2024.
• Mechanism: Eligible users could lock assets like BTC and ETH to share in a pool of $X tokens, with rewards distributed hourly based on the locked volume.

Airdrop Unlocking Time

The main community distribution event, the $X token airdrop, was scheduled for October 24, 2024, coinciding with the Token Generation Event (TGE) on The Open Network (TON). This date marked the initial unlocking and listing of the tokens for trading on exchanges.