Tales X (X) tokenomics

X Empire is an AI-powered strategy game and ecosystem built on the TON blockchain. Originally launched as a popular Telegram Mini App, it has evolved into a comprehensive platform combining blockchain technology, artificial intelligence, and gaming. The tokenomics of the native $X token are designed to incentivize early community participation while maintaining reserves for long-term ecosystem sustainability.

Issuance Mechanism

The $X token is a Jetton-based asset on the TON blockchain. The issuance is characterized by a fixed total supply with a significant portion released through community-driven events.

• Total Supply: 690,000,000,000 $X tokens.
• Initial Circulating Supply: Approximately 517,500,000,000 $X (75% of the total supply).
• Currency Burns: To enhance rewards for active players and manage supply, the project implements regular currency burns. For example, a recent burn removed 5.4 trillion inactive in-game coins from the system.

Allocation Mechanism

The allocation strategy prioritizes the community, with the majority of tokens distributed to users who participated in the initial mining and engagement phases.

• Community Distribution: Between 70% and 75% of the total supply is dedicated to miners and early adopters. This includes tokens converted from NFT vouchers at a 1:1 ratio.
• Reserve for Growth: The remaining 25% to 30% is reserved for onboarding new users, platform expansion, future development phases, exchange listings, liquidity provision, and team rewards.
• Launchpool Allocation: Specific exchange events, such as the Bitget Launchpool, have seen dedicated allocations (e.g., 2,939,400,000 $X) to reward users who lock other assets like BTC or ETH.

Usage and Incentive Mechanism

The $X token serves as the primary utility and governance asset within the X Empire ecosystem.

• In-Game Utility: Tokens are used to access the "Game Center," which features over 200 mini-games, and to utilize strategic tools like the platform's Trading Bot.
• NFT Integration: Users can create, customize, and trade personalized AI-powered NFT avatars.
• E-commerce: Future plans include integrating $X for online transactions and e-commerce within the ecosystem.
• Airdrop Criteria: Rewards are distributed based on performance metrics, including the number of referrals, hourly in-game earnings, completed tasks, wallet connections, and TON transactions.
• Chill Phase: An optional "Chill Phase" was introduced to allow players to compete for an additional 5% of the token supply by completing new challenges shortly before the Token Generation Event (TGE).

Locking and Unlocking Mechanism

X Empire's primary community allocation is notable for its lack of restrictive vesting for the general public.

• Locking Mechanism: There are no lockups or vesting periods for the 75% of the supply allocated to miners and voucher holders. These tokens are intended to be fully liquid upon the airdrop.
• Exchange Locking: During specific promotional periods (e.g., October 24 to November 3, 2024), users could lock BTC or ETH on partner exchanges to earn a share of a dedicated $X airdrop pool.
• Unlocking Time: The official Token Generation Event and airdrop distribution were scheduled for October 24, 2024. While the community allocation is unlocked immediately, the specific distribution and vesting schedules for the 25% reserved for "Future Phases and Team Rewards" are expected to be disclosed by the developers at a later date.