cryptonewsz.com
The highly sought minting process for X Empire’s NFT vouchers has officially concluded which marks a significant milestone in the lead-up to the game’s token launch. After processing all valid requests, a total of 570,000 NFT vouchers have been minted and are now available for trading on the Getgems marketplace. This development is a key step toward introducing the in-game $X token, which is expected to enhance the user experience of the Telegram-based tap-to-earn game.
Purpose and Utility of NFT Vouchers
These minted NFT vouchers play a crucial role in X Empire’s pre-market phase. They enable players to engage in early speculation on the future value of the $X token by allowing them to buy, sell, or hold vouchers prior to the token’s official launch. Utilizing The Open Network (TON) blockchain, players can securely mint and trade these vouchers. Notably, a 20% royalty fee on secondary sales is directed toward building liquidity for the $X token listing.
Beyond speculative trading, the vouchers are integral to the game’s broader ecosystem. Once the $X tokens are launched, voucher holders will be able to exchange them for $X tokens. This exchange will facilitate in-game purchases, upgrades, and participation in unique strategic elements such as avatar customization and betting on in-game stocks.
Critical Weeks Ahead for X Empire
With the voucher minting process complete, attention now turns to the upcoming weeks, which are crucial for X Empire’s trajectory. The token generation event is scheduled for September 30, 2024, when $X tokens will be officially distributed to voucher holders. During this period, the game’s community will closely monitor the market as players prepare for the token’s public listing.
This phase is vital not only for liquidity buildup but also for assessing the broader market reception of the $X tokens. The success of this period will significantly influence the token’s value and its future utility within the game, setting the stage for the next phase of X Empire’s expansion.