$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
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%
