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Pre-Market Trading for Elon Musk-Themed Telegram Game ‘X Empire’ Launched 🎮🚀

Pre-Market Trading for Elon Musk-Themed Telegram Game ‘X Empire’ Launched 🎮🚀

Overview of X Empire’s Innovative NFT Strategy 🎮

X Empire, an emerging tap-to-earn game on Telegram, is set to implement a novel approach to early trading as it prepares for its token launch and airdrop. By utilizing custom NFT vouchers, X Empire offers players an early opportunity to claim their share of the airdrop, diverging from traditional pre-market trading approaches adopted by similar games. This year, X Empire aims to leverage these NFT vouchers to engage players and establish a framework for future trades and speculation in the cryptocurrency market.

X Empire’s Unique Minting Process 🌟

Unlike its peers such as Hamster Kombat and Catizen, which have opted for established exchanges for pre-market trading, X Empire allows its players to mint NFT vouchers directly. These vouchers, created on The Open Network (TON), permit players to establish a stake in their airdrop allotment prior to the official token distribution. By trading these vouchers on the Getgems marketplace, participants can navigate a new avenue for engaging with the game’s economy.

Previous Models: The Influence of Notcoin 🔁

This year has seen the introduction of innovative gameplay models, and X Empire draws inspiration from Notcoin—a tap-to-earn game that has been a trendsetter in this space. Notcoin previously enabled players to withdraw a portion of their earned coins via NFT vouchers, which added a layer of investment and trading possibilities. By linking rewards to NFTs, players could engage in price speculation of the NOT token based on their gaming activities.

Considerations for Airdrop Distribution ⚖️

A notable distinction between Notcoin and X Empire lies in their gameplay mechanics. Notcoin centered its operations purely around a tap-to-earn framework, allowing developers to easily establish a conversion rate for in-game coins to tokens. Every 1,000 coins earned yielded a single NOT token, offering clarity to participants.

In contrast, X Empire incorporates a richer blend of interactive elements that go beyond simple tapping. Players have the opportunity to enhance avatars through in-game purchases, engage in virtual betting, and compete in games such as rock-paper-scissors with other users. Due to this increased complexity, it’s uncertain how the airdrop will be calculated based on players’ in-game achievements. The developers have yet to clarify the airdrop’s mechanics, leaving participants with many unanswered questions about whether to obtain a voucher now or wait for the official token drop.

Minting: Flexibility and Costs 🔍

Minting NFT vouchers is elective for players. They have the option to await the official airdrop and receive tokens afterwards. It’s worth noting that minting involves transaction fees on the TON network, along with a 20% royalty taken by the developers on all trades in the secondary market. This cost structure ensures that players are aware of the potential expenses involved in acquiring early access through NFT minting.

Introducing the X Token 💰

X Empire recently announced significant details surrounding its token, aptly named X, following the rebranding of Elon Musk’s Twitter. The total supply for X is projected to be a staggering 690 billion tokens, and this will create avenues for wide player engagement and trading possibilities in the future marketplace.

The Early Market: NFT Activity 📈

As NFTs for X Empire begin to surface on the Getgems marketplace, early sales activity indicates budding interest, with a reported sale fetching 7 TON—approximately $36—at the time of writing. This initial enthusiasm suggests that players are keen to explore the trading opportunities presented by the game.

Looking Ahead: Token Launch Timeline 🗓️

X Empire recently disclosed that the mining phase is set to conclude on September 30, paving the way for the forthcoming airdrop. Players can anticipate clear communication regarding token distribution shortly thereafter. For those keen on understanding X Empire’s game mechanics and future outlook, further exploration of available guides will provide deeper insights.

Hot Take: The Future of X Empire 🌌

X Empire is clearly setting new standards in the tap-to-earn gaming landscape by intertwining NFTs with traditional gaming strategies. The innovative early access through NFT vouchers introduces exciting dynamics and speculation opportunities for crypto enthusiasts. As the market responds to X Empire’s offerings, its sustainability and effectiveness will be closely observed by the player community and investors alike.

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This content is aimed at sharing knowledge, it's not a direct proposal to transact, nor a prompt to engage in offers. Lolacoin.org doesn't provide expert advice regarding finance, tax, or legal matters. Caveat emptor applies when you utilize any products, services, or materials described in this post. In every interpretation of the law, either directly or by virtue of any negligence, neither our team nor the poster bears responsibility for any detriment or loss resulting. Dive into the details on Critical Disclaimers and Risk Disclosures.

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Pre-Market Trading for Elon Musk-Themed Telegram Game ‘X Empire’ Launched 🎮🚀