X Empire is set to launch its native token, X, on Oct. 24, enabling users to trade and transfer tokens via Telegram's Wallet.
X Empire is set to launch its native token, X, on Oct. 24, enabling users to trade and transfer tokens via Telegram's Wallet.
This development allows players to send X tokens to friends without incurring transaction fees, facilitating seamless transactions directly within the messaging platform.
To access these features, users must create a Telegram wallet. The launch follows an earlier pre-market trading phase that began in early September, where participants used NFT vouchers to acquire X tokens before the official release.
This generated significant interest in the token, which is integral to the gameplay of the Elon Musk-themed game centered on developing in-game characters to earn rewards.
As part of the ongoing rollout, X Empire has already secured several exchange listings. Notably, Bybit will enable spot trading for the X token on the same day as its launch.
Additional exchange listings are anticipated, which may enhance the token’s market liquidity and exposure.
Currently, players are in what the team refers to as the “Chill Phase,” during which they can earn up to 5% of the total token supply, amounting to 34.5 billion X tokens. The majority of the token supply, 70%, is earmarked for future distributions, ensuring that those who missed the early phase can still participate in the initial airdrop.
Previously, X Empire engaged 48 million players during its Gameplay Phase, laying the groundwork for the game’s community.
As the launch date approaches, the X Empire team aims to bolster the token's practical value with new products and updates post-listing.
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