Metaverse Project ZepetoX Launching ZTX Token on October 16th with 4% Genesis Airdrop

ChainPlay

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7 months ago

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Metaverse platform ZTX is set to launch its native token, $ZTX, on October 16th with an exciting Genesis Airdrop. This newly introduced cryptocurrency is not just another digital asset; it serves multiple purposes within the ZTX ecosystem. $ZTX tokens empower users by allowing them to actively participate in community governance, purchase in-game assets, and expedite their progress within the virtual world. Furthermore, ZTX's financial model incorporates a token buyback program, which includes measures like token burning to reduce the total supply, player rewards through an incentive pool, and contributions to the treasury.

Diverse Allocation of $ZTX Tokens

The $ZTX token boasts a total supply of 10 billion tokens, each allocated strategically to various aspects of the project. 5.5% of the tokens are set aside for early investors and advisors, ensuring the project's long-term sustainability. ZEPETO, a key player in this venture, receives 9.5% of the tokens. The core team is allocated 16% of the tokens, offering them a significant stake in the project's success. Another 10% is dedicated to the community fund, reinforcing the community's importance. A 1% allocation is reserved for the initial $ZTX liquidity, while 4% goes to the Genesis airdrop, distributing tokens to early adopters. A substantial 35% is allocated to X2E Rewards, providing players with incentives. Furthermore, 15% is set aside for the ZTX Foundation treasury, and 4% is allocated to MM liquidity, ensuring liquidity in the market.

Institutional Backing and Successful Token Launch

ZTX's journey to this point has been marked by significant milestones. Earlier, the South Korean metaverse platform secured a $13 million seed round, led by Jump Crypto, with participation from Collab+Currency, Parataxis, MZ Web3 Fund, Everest Ventures Group, and other key players in the crypto space. The successful token airdrop marked a pivotal moment for ZTX, enabling them to transition from a promising project to a live and tradable asset on notable exchanges like Bybit, gateio, BithumbOfficial, and SushiSwap.

ZTX Metaverse is a groundbreaking decentralized blockchain-based virtual world project. Its vision is to transform real-world assets into digital assets, allowing users to engage in a wide array of activities within this digital realm. Users can trade, play games, and interact socially, thereby bridging the gap between reality and the virtual world.

The platform offers a myriad of opportunities for users. They can buy, sell, and exchange virtual properties and digital assets, whether using traditional currency or cryptocurrencies. Beyond commerce, users can partake in an array of activities, from immersive gaming experiences to virtual concerts and social events. This versatility creates a dynamic and engaging virtual world.

A standout feature of the ZTX Metaverse is the toolset provided to users, allowing them to create their own digital assets and sell them within the platform. This empowers users to contribute to the economic ecosystem of the virtual world while fostering creativity and innovation.

Blockchain-Powered Security and Transparency

ZTX Metaverse places a strong emphasis on security and transparency. All transactions within the virtual world are executed on the blockchain, guaranteeing the integrity and reliability of the platform. This commitment to blockchain technology further enhances the overall security of the ecosystem, creating a trustworthy environment for users.

ZTX's launch of the $ZTX token, coupled with its unique approach to a metaverse platform, demonstrates the growing potential of blockchain technology in creating engaging virtual experiences and fostering a sense of community and ownership within the digital realm. As the project continues to evolve and develop, it's poised to be an exciting player in the emerging metaverse space.