Tales X (X) Tokenomics
Tales X (X) Tokenomics & Price Analysis
Explore key tokenomics and price data for Tales X (X), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
Tales X (X) Information
A decentralized retail platform for content and real products, driven by a token incentive model.
In-Depth Token Structure of Tales X (X)
Dive deeper into how X tokens are issued, allocated, and unlocked. This section highlights key aspects of the token's economic structure: utility, incentives, and vesting.
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:
| Allocation Category | Percentage of Total Supply | Token Amount | Purpose |
|---|---|---|---|
| Community Distribution (Airdrop) | 75% | 517.5 billion tokens | Distributed to miners and early adopters, including an additional 5% from the Chill Phase. |
| Reserve for New Users & Future Development | 25% | 172.5 billion tokens | Reserved for platform expansion, onboarding new users, and future incentive programs. |
| Total Supply | 100% | 690 billion tokens |
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.
Tales X (X) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of Tales X (X) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of X tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many X tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand X's tokenomics, explore X token's live price!
How to Buy X
Interested in adding Tales X (X) to your portfolio? MEXC supports various methods to buy X, including credit cards, bank transfers, and peer-to-peer trading. Whether you're a beginner or pro, MEXC makes crypto buying easy and secure.
Tales X (X) Price History
Analyzing the price history of X helps users understand past market movements, key support/resistance levels, and volatility patterns. Whether you are tracking all-time highs or identifying trends, historical data is a crucial part of price prediction and technical analysis.
X Price Prediction
Want to know where X might be heading? Our X price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
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Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.
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