The Metaverse platform ZTX announced that it will launch the token $ZTX and conduct a genesis airdrop on October 16. $ZTX tokens can be used for community governance, purchasing in-game assets, and accelerating game progress. The platform will also implement a token buyback program, including burning (reducing the total supply), providing rewards to players (incentive pools), and funding the treasury.
The total supply of $ZTX is 100 billion, distributed as follows: early investors and advisors 5.5%, ZEPETO 9.5%, core team 16%, community fund 10%, initial $ZTX liquidity 1%, genesis airdrop 4%, X2E Rewards 35%, ZTX Foundation Treasury 15%, MM liquidity 4%.
Previously, the Metaverse platform ZTX, established by South Korean Metaverse platform Zepeto and Jump Crypto, completed a $13 million seed round of financing. This round of financing was led by Jump Crypto, with participation from Collab+Currency, Parataxis, MZ Web3 Fund, Everest Ventures Group, etc.
The total supply of $ZTX is 100 billion, distributed as follows: early investors and advisors 5.5%, ZEPETO 9.5%, core team 16%, community fund 10%, initial $ZTX liquidity 1%, genesis airdrop 4%, X2E Rewards 35%, ZTX Foundation Treasury 15%, MM liquidity 4%.
Previously, the Metaverse platform ZTX, established by South Korean Metaverse platform Zepeto and Jump Crypto, completed a $13 million seed round of financing. This round of financing was led by Jump Crypto, with participation from Collab+Currency, Parataxis, MZ Web3 Fund, Everest Ventures Group, etc.