X Empire is preparing to launch its native token, X, on October 24, allowing users to trade and transfer tokens directly through Telegram’s Wallet.
This update enables players to send X tokens to friends without transaction fees, promoting seamless transactions within the messaging app.
To utilize these features, users need to create a Telegram wallet. This launch follows an earlier pre-market trading phase that started in early September, during which participants acquired X tokens using NFT vouchers prior to the official release. This phase generated considerable interest in the token, which is crucial for gameplay in the Elon Musk-themed game that focuses on developing in-game characters to earn rewards.
As part of the rollout, X Empire has already secured multiple exchange listings. Notably, Bybit will facilitate spot trading for the X token on its launch day. Additional exchange listings are expected, potentially improving the token’s market liquidity and visibility.
Currently, players are in the “Chill Phase,” where they can earn up to 5% of the total token supply, equating to 34.5 billion X tokens. A substantial 70% of the token supply is reserved for future distributions, ensuring that those who missed the early phase can still take part in the initial airdrop.
Previously, X Empire attracted 48 million players during its Gameplay Phase, establishing a foundation for the game’s community.
As the launch date approaches, the X Empire team plans to enhance the token’s practical value through new products and updates after its listing.