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On October 8th, the metaverse project ZepetoX announced that the ZTX token airdrop and release date will be on October 16th. ZTX tokens can be used for community governance, purchasing in-game assets, and enhancing a player's progress within the game. Furthermore, the platform will drive the value of the ZTX ecosystem through a token buyback program, which includes burning (reducing the total supply), providing rewards for players (incentive pool), and allocating a portion for treasury funding.
The total supply of ZTX tokens will be fixed at 10,000,000,000 tokens, with 1.0% allocated to ZTX Initial Liquidity, 4% to MM LIQUIDIT, 4% for the Genesis airdrop, 5.5% for early investors and advisors (6-month lock-up, 2-year vesting), 9.5% for ZEPETO (1.5-year lock-up, 4-year vesting), 35% for X2E incentives (1-month lock-up, 4-year vesting), 16% for the code team (6-month lock-up, 3-year vesting), 15% for the ZTX Fund Treasury (no lock-up, 3-year vesting), and 10% for the Community Fund (1-month lock-up, 3-year vesting).
ZepetoX stated that the best way to increase the chances of receiving the Genesis airdrop is to participate in the ongoing ZTX program and the existing ecosystem. While they didn't specify which activities will be incentivized, the upcoming PLAYTEST #2 (public) will have airdrop allocations. |
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