Coinspeaker X Empire Unveils ‘Chill Phase’ Update: Community to Benefit from Expanded Tokenomics
X Empire, a tap-to-earn game on Telegram, has revealed a new update to its tokenomics. Based on the revised tokenomics, the team has added an extra billion tokens to the community, along with an exciting new phase designed to reward players within the ecosystem.
The crypto project revealed on its Telegram channel that another 34.5 billion X tokens have been allocated to the community. This new upgrade is in addition to 70% of the total supply from the initial first phase, which is already locked.
The new token distribution introduces a new phase, Chill Phase, which allows users to earn additional income. This phase has a limited timeframe, lasting only a couple of weeks, and features a competitive opportunity to claim an additional 5%. In total, 34.5 billion X tokens are available to participants during this phase.
X Empire noted that all characters will be reset, making it an interesting and dynamic competition while allowing both new and old players within the ecosystem to claim their share of the extra 5% tokens.
Participation Optional: Existing Allocations Remain Intact for Non-Participants
This new phase is not mandatory for all members, as it is optional for those who want to participate. Players who choose not to participate in the “Chill Phase” are still eligible to get their share of the 70% tokens allocated from the first phase, as this new phase does not affect their earnings in any way. They said:
“The 70% of tokens allocated from the first phase have been fixed, and your participation or non-participation in the Chill Phase will not affect them in any way. Whether to participate or not is entirely up to you. We love you either way. But on the other hand, what’s stopping you from going after another slice of the pie with much lower competition and a shorter timeframe?”
Moreover, at the end of this phase, the total airdrop allocation to the community will increase to 75% of the total supply. X Empire’s decision to increase the allocation they are giving the community shows they are placing the community as a major priority, which could be very helpful for the value of the X token, the project’s native token, by the time it eventually launches.
The team revealed that they are already at the last stage of properly handling the technical details regarding the Token Generation Event (TGE). The aim is to ensure a smooth and seamless launch for all users. The TGE will occur in the second half of October, with an exact listing date to be announced shortly.
Thus, while waiting for the TGE, old players, and newcomers can engage with the “Chill Phase”, which also comes with its rewards. Users who participate in this phase will automatically receive allocations from both the initial 70% and the 5% Chill Phase allocation.
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X Empire Unveils ‘Chill Phase’ Update: Community to Benefit from Expanded Tokenomics