X Empire, a rapidly growing tap-to-earn game on Telegram, is venturing into the pre-market trading space by offering NFT vouchers. This latest move, ahead of its token launch and airdrop, mirrors the approach taken by Notcoin but leaves some important details uncertain, particularly around token conversion rates.
In a strategy similar to Notcoin, X Empire is giving players the opportunity to gain early access to tokens through the purchase and trade of custom-made NFT vouchers. However, while Notcoin provided clear and direct exchange rates for its tokens, X Empire has introduced a more intricate system, leaving some players in the dark.
Breaking Away from Tradition
Unlike other Telegram-based games such as Hamster Kombat, which rely on conventional exchanges for pre-market trading, X Empire (previously Musk Empire) allows players to partially redeem their airdrop through the minting of NFT vouchers. These vouchers are built on The Open Network (TON) blockchain and are available for trading on the Getgems marketplace, following a similar model to the one used by Notcoin earlier this year.
Notcoin allowed users to trade a portion of their in-game earnings via NFT vouchers, which speculative traders used to estimate future token values. The appeal lay in the transparency of Notcoin’s conversion: 1,000 in-game coins equaled one on-chain token, making trades predictable and accessible.
X Empire, however, offers a more complex scenario. With its expanded gameplay mechanics, including avatar upgrades and mini-games like stock betting and rock-paper-scissors battles, a straightforward coin-to-token system is less feasible. As of now, developers have not clarified how airdrop allocations will be structured, leaving some ambiguity for potential traders.
Optional Minting, Added Costs
While players are not obligated to mint NFT vouchers, those who choose to will incur gas fees on the TON network. Additionally, X Empire has implemented a 20% royalty on all secondary sales of the NFTs, which could affect players’ profitability in the marketplace. Despite the uncertainties, some players have already started participating. The first NFT vouchers were listed on Getgems, with one selling for 7 TON (approximately $36).
The “X” Token and Airdrop Timeline
The introduction of these NFT vouchers comes alongside the official rebranding of X Empire, which has named its token “X” in a nod to Elon Musk’s revamped Twitter platform. The total supply of X tokens is expected to reach 690 billion on TON.
The game’s mining phase will conclude on September 30, with the token airdrop anticipated soon after. Players and traders eagerly await further details on how the tokens will be distributed, but for now, NFT vouchers offer an intriguing – if somewhat uncertain – way to get in on the ground floor.
For more insights into X Empire’s gameplay and token strategy, check out our comprehensive guide.
Related topics:
FBI: $5.6 Billion Lost in 2023 Crypto Scams
