$ZTX
Introducing the $ZTX token
Last updated
Introducing the $ZTX token
Last updated
The ZTX token ($ZTX) is the native token of ZTX, enabling protocol level governance and underpinning the ZTX ecosystem as its quote currency.
$ZTX encompasses a wide range of functions designed to support this vibrant ecosystem. The token serves three primary categories of use: Governance, purchasing, and in-game benefits.
Token Functions ZTX employs a token buyback program that is funded by a portion of the platform’s revenue.
The token buyback program is designed to drive value to the ZTX ecosystem through one of the below activities:
Token Buyback & Burn – a portion of the repurchased $ZTX can be permanently destroyed via token burning. This immediately reduces the total supply of $ZTX.
Incentive Pool – a portion of the repurchased $ZTX is used to replenish the Play Rewards. At scale, this would create a self-sustaining ecosystem for ZTX.
Treasury – a portion of the repurchased $ZTX is used to fund the Treasury. The Treasury funds may be used for operations, marketing, or other platform expenses.
Supply, Distribution, Emissions $ZTX’s total supply will be fixed at 10,000,000,000, with the TGE slated for October 16th, 2023.
Token Allocation
Distribution and Vesting Periods
| $ZTX Distribution | $ZTX (Qty) | $ZTX (%) | Lock | Vesting |
|---|---|---|---|---|
Early Investors & Advisors | 550,000,000 | 5.50% | 6 months | 2 years |
ZEPETO | 950,000,000 | 9.50% | 1.5 years | 4 years |
Core Team | 1,600,000,000 | 16.00% | 6 months | 3 years |
Community Fund | 1,000,000,000 | 10.00% | 1 month | 3 years |
Initial ZTX Liquidity | 100,000,000 | 1.00% | None | Immediate |
Genesis Airdrop | 400,000,000 | 4.00% | None | Immediate |
X2E Rewards | 3,500,000,000 | 35.00% | 1 month | 4 years |
ZTX Foundation Treasury | 1,500,000,000 | 15.00% | None | 3 years |
MM Liquidity | 400,000,000 | 4.00% | None | Immediate |
Total | 10,000,000,000 | 100.00% |
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