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$ZTX

Introducing the $ZTX token

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Last updated 8 months ago

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%