The metaverse project ZepetoX will launch the ZTX token on October 16, with 4% of the total supply allocated for the genesis airdrop

2023-10-08 21:02:52

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ChainCatcher news, South Korean internet giant Naver's metaverse platform Zepeto, in collaboration with Jump Crypto, announced that the airdrop and release date for the metaverse project ZepetoX will be on October 16. The total supply of the ZTX token will be fixed at 10,000,000,000 tokens, with 4% allocated for the genesis airdrop.

The ZTX token can be used for community governance, purchasing in-game assets, and other purposes. Additionally, the platform will promote the value of the ZTX ecosystem through a token buyback program, which includes burning (reducing total supply), providing rewards for players (incentive pool), and allocating a portion to fund the treasury.

According to the crypto data platform RootData, the metaverse platform ZTX (ZepetoX) has completed a $13 million seed round financing, led by Jump Crypto.

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