The Metaverse Project ZepetoX will launch ZTX tokens on October 16, with 4% of the total amount to be airdropped

Odaily星球日报 · 2023-10-08T13:03:04.000Z

Odaily Planet Daily News Metaverse project ZepetoX announced that the ZTX token airdrop and release date will be October 16. The total supply will be fixed at 10,000,000,000 coins, of which 4% will be allocated to the genesis airdrop. ZTX tokens can be used for community governance, purchasing in-game assets, and improving player progress in the game. In addition, the platform will drive the value of the ZTX ecosystem through a token buyback program, including burning (reducing the total supply), providing rewards to players (incentive pools), and a portion being used to fund the treasury. According to previous news, ZepetoX is a project jointly created by South Korean metaverse platform Zepeto and Jump Crypto. It has completed a seed round of financing of US$13 million, led by Jump Crypto, with other investors such as Collab+Currency, Parataxis, MZ Web3 Fund, Everest Ventures Group, etc. Participate in investment.

Odaily Planet Daily News: The metaverse project ZepetoX announced that the ZTX token airdrop and release date is October 16, and the total supply will be fixed at 10,000,000,000, of which 4% is allocated to the Genesis airdrop. ZTX tokens can be used for community governance, purchasing in-game assets, and improving players' progress in the game. In addition, the platform will also promote the value of the ZTX ecosystem through a token repurchase plan, including destruction (reducing the total supply), providing rewards to players (incentive pool), and a portion of it is used to fund the treasury. Earlier news, ZepetoX is a project created by the Korean metaverse platform Zepeto in cooperation with Jump Crypto. It has completed a $13 million seed round of financing, led by Jump Crypto, and other investors such as Collab+Currency, Parataxis, MZ Web3 Fund, and Everest Ventures Group participated.