Since its release in July, X Empire has rapidly taken a leading position among the freshest representatives of tap-to-earn games on Telegram, having attracted more than 18 million players within the first weeks of its functionality.
X Empire, the Elon Musk-entitled crypto game on Telegram, officially started pre-market trading for its upcoming token with NFT vouchers, setting the stage for a highly anticipated airdrop.
According to an announcement published on November 11, the vouchers will be minted and then traded on Getgems, an NFT marketplace built to support the sale and purchase of digital artwork among other collectibles on The Open Network blockchain, TON.
X Empire Copy’s Notcoin Strategy for Pre-market Trading
Whereas other Telegram games, such as Hamster Kombat and Catizen, have relied on established exchanges like OKX, Bybit, and Bitget to allow pre-market token trading, X Empire will offer users the chance to redeem a portion of their airdrop allocation through NFT vouchers.
These vouchers, minted directly on the TON blockchain, give participants a chance to speculate early on the future value of the game’s token. The full version of the digital asset, known as “X,” will be released later this month, on September 30.
The introduction of NFT vouchers for pre-market trading was first popularised by Notcoin, a viral tap-to-earn game launched earlier this year. The Telegram-based game allowed users to cash out their earned coins through similar NFT vouchers on Getgems, setting a trend that X Empire is following.
X Empire Places 20% Royalty Fee on NFT Sales
While the crypto game inspired by Musk happens to use the same pre-market strategy, the approach in terms of conversation rates is different.
Where Notcoin lets users cash out earned in-game coins for NOT at a rate of 1,000 to 1, X Empire gives players several ways to spend them. You can upgrade your avatar, bet on fake stocks, and even negotiate with other users in a kind of rock-paper-scissors style if the game is to be believed.
Due to these added gameplay elements, it’s difficult to determine how many in-game coins will translate into the actual token. The X Empire developers have yet to reveal how the upcoming airdrop will be allocated, making it tough to base the airdrop purely on the number of in-game coins earned.
It also said that minting NFTs on the TON blockchain comes with a transaction fee for players participating in the pre-market trading. A 20 percent royalty is applied to all secondary sales of the vouchers, as it supports funding the liquidity of the listing for the $X token.
“The pre-market supports the $X listing through royalties: 20% of NFT purchases are directed toward liquidity for token listings,” X Empire said on Telegram.
Rising Star in the T2E Gaming Space
Launched this July, X Empire is fast becoming one of the freshest faces in the tap-to-earn gaming space on Telegram. In the first few weeks following its release, the game saw around 18 million players onboard.
Originally titled “Musk Empire,” speculations linked the underlying theme and name of the game to billionaire entrepreneur Elon Musk, originator of Tesla and SpaceX.
It was not long, though, before the developers renamed it X Empire to remove the focus from Musk’s persona and introduced new upgrades that would emphasize the various play modes.
Conclusion
Adopting NFT vouchers for pre-market trading is a strategic move by X Empire, based on its growing popularity and allowing users to get in early to speculate on the token’s value. X Empire also tries to offer many in-game activities to make its gaming more enriching and sustainable.
In addition to the introduction of NFT vouchers, X Empire is focused on enriching the overall gaming experience by offering a wide variety of in-game activities. These activities are designed not only to entertain but also to foster sustainability and longevity within the platform. This multifaceted approach ensures that users remain engaged, creating a more dynamic and immersive gaming environment.
By combining innovative financial tools like NFT vouchers with a rich array of in-game activities, X Empire positions itself as a forward-thinking platform that caters to both gaming enthusiasts and investors, driving long-term value and user engagement.
