X Empire, formerly known as Musk Empire, has officially announced the date of its highly anticipated Token Generation Event (TGE) and airdrop. The event is scheduled for October 24, 2024, and during the event, the platform will send X tokens to platform participants.
The game has over 50 million players and the creators are planning to do an airdrop on the same day. This marks the end of the game's 'mining phase', which ended on September 30, and the beginning of a new chapter.
Initially, the token launch and airdrop were planned to follow the mining phase. However, the developers had to postpone the airdrop date due to uncontrollable circumstances. X Empire launched a short “Chill Phase” season to keep players engaged and reward them for all their progress with new rewards.
The “Chill Phase” allows players to earn more rewards as the game creator has dedicated an additional 5% of the total supply of X tokens to this phase. This phase will act as a transition period between the mining phase and the next token drop.
X Empire has committed to distributing 75% of the total supply of X tokens, equivalent to 517.5 billion tokens, to players. This decision is in line with the game’s focus on players and their engagement and activity in the game for millions of players. The remaining 25%, or 172.5 billion tokens, will be allocated to new users and subsequent rounds of the game.
Additionally, X Empire also offers a coin burn for inactive wallets. As of early October, any account that has been inactive for 30 days will have its in-game coins burned. This is done to promote high participation. Additionally, it will ensure that only active members receive the airdrop.
The Rise of Crypto Gaming Fuels the Growth of X Empire
Originally called “Musk Empire,” the game revolved around the idea of tapping the screen and earning virtual coins. These coins were then used to upgrade the features of an avatar that looked like a cartoonish Elon Musk. The game was later renamed “X Empire,” and avatars of other prominent crypto figures, such as Telegram CEO Pavel Durov and Ethereum creator Vitalik Buterin, were added to the game.
X Empire's success may also be related to the general increase in crypto gaming usage, especially on The Open Network. The TON network has expanded and the number of unique wallets holding Toncoin (TON) has increased from 4 million at the beginning of the year to over 100 million.
