CoinTimes Report:
Highly anticipated X Empire token issuance and airdrop are coming soon. Millions of players have been playing the game themed around Elon Musk, with regular cycles and bonuses.
Cooling phase: “All of this is due to the upcoming airdrop.
On October 24th, at 12:00 PM UTC, X tokens will be available on the Open Network (TON) and will also be airdropped to a selected group of players, with the player count exceeding 50 million in the final stage.
On Friday, those eligible received their deserved share, but players received nothing–directly to Musk himself, despite no official connection to the game. Developers stated that approximately 6 million players ultimately qualified to claim the tokens.
Despite the backlash, eligible users still hope to apply for the airdrop and know what they can do with X tokens. If that’s you, don’t worry, because we have gathered all the information you need before the big day.
How do I apply for the airdrop?
Now that X Empire has officially paused the game, when you open the Telegram mini-application, you will see a page with detailed instructions for the airdrop.
In a large orange box, you will see the number of X tokens you obtained in two stages of the game. Below this box, you will see an option to donate your tokens to charity, either to Telegram founder Durov or to the X Empire team. However, please note that any donated tokens will not be airdropped to your wallet.
Below the orange box and charity options, you will find many withdrawal options. This includes many centralized exchanges (including OKX, Bybit, and Bitcoin), direct airdrop to the Telegram wallet application, and finally an “on-chain” option for other self-custody wallets.
Withdrawals to exchanges or the Telegram wallet application will not incur fees, but you will have to pay network fees for the “on-chain” option to other wallets. Fortunately, the average TON fee is only around $0.02, so it’s not a big deal.
Before choosing a centralized exchange option, make sure you have created an account and completed the Know Your Customer (KYC) process. Once you have done this and chosen the desired exchange on X Empire, you just need to enter your ID and deposit address to claim the tokens.
The process is very similar for the on-chain and Telegram wallet withdrawal options, although there is no KYC.
If you own one of the NFTs created for pre-trading, the X Empire mini-application also has an explainer detailing the process of converting these NFTs into X tokens.
What can I do with this token?
Like all tokens, you can sell it, but the exact amount you can sell it for remains to be seen. Pre-trading estimates for X currently value it at around $0.0002, along with Bitcoin and KuCoin. However, it’s worth noting that this is purely speculative, as pre-trading prices often differ from actual prices once the tokens are generated.
But that’s not all you can do with X, as X Empire is planning some new applications and partnerships that will leverage the upcoming token.
The project claims that mini-application partners will announce airdrops for X token holders “soon,” with some already revealed. For example, TON application Memes Lab and the Play Games Earn Money employee-exclusive program will both allocate 2% of their total token supply to reward active X holders.
A Telegram post stated, “All these projects are mature companies with large audiences and potential, and we will let you know one by one.”
Likewise, X Empire is developing a series of “practical applications” that promise to use X tokens, including news delivery, language learning applications, and sleep trackers. How these applications will specifically benefit X token holders remains to be seen.
What will happen after the airdrop?
In addition to these applications, X Empire’s flagship Click Earn game may continue in some form. After the airdrop, 25% of the total token supply will still be allocated to “new users and new stages.” It’s worth noting that this initial airdrop covers 75% of the total supply, meaning that the next stages may reward players with fewer tokens.
The timing for X Empire’s entry into the third stage has not been announced. Previous Telegram Click Earn games have sought to reinvent themselves to keep players interested in the monotonous genre, and we may see the same situation in “X Empire.”
For example, Hamster Fast Bat announced a major overhaul for its second season, where players will build a video game studio and platform instead of running a hamster-operated cryptocurrency exchange. This is set to launch “at the end of October,” a month after the September airdrop.
However, how X Empire will keep players interested in its Click Earn segment has not been announced, as all attention is currently focused on the big airdrop on Thursday.
Editor: Andrew Hayward
Everything you need to know before the Telegram game airdrop in X Empire
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