X Empire Game Announced Burning Coins of Inactive Users Before Token Airdrop Launch
X Empire Game Announced Burning Coins of Inactive Users Before Token Airdrop Launch
Key Takeaways:
- X Empire to burn in-game tokens of users inactive for over 30 days
- Token launch expected in late September or early October 2024
- About 30% of users at risk of losing their in-game earnings
The X Empire (formerly Musk Empire) Telegram-based crypto game is making waves as it prepares for its upcoming coin airdrop and listing. The game’s developers have announced that they will burn the in-game coins of inactive users ahead of the airdrop. Coin burning is a common practice in the cryptocurrency world, typically used to reduce the supply of tokens in circulation, which can potentially increase the value of the remaining coins.
This move by X Empire seems aimed at ensuring active players are the primary beneficiaries of the airdrop, while also creating scarcity to increase demand for the in-game currency. The game’s association with the “Elon Musk” theme might attract more attention, as Musk is a well-known advocate and influencer in the crypto space, although he is not directly involved with the game.
The strategy X Empire is employing, similar to the coin-burning approach used by Notcoin, appears to be a strategic step to trim inactive users and concentrate rewards among its active players before the upcoming airdrop. The coin-burning process can help reduce inflation of the in-game currency by eliminating the tokens of inactive players, which ultimately benefits the engaged community.
Given the statistics, with 20 million total players and 17 million active users as of recent data, it means potentially 30% of players (around 6 million) could lose their in-game earnings if they don’t engage soon. This highlights the importance of activity before the game transitions to its on-chain token phase.
Despite this, the news is positive for dedicated players. The coin burn creates scarcity and may increase the value of in-game tokens, enhancing the reward structure for players who have been consistently active.
Another key aspect is the fact that X Empire’s token will launch on The Open Network (TON), which is gaining traction in the crypto space but has recently faced network downtimes. These disruptions suggest that TON might be experiencing scaling issues as it prepares for significant events like this token launch. However, once these growing pains are addressed, the TON blockchain could offer a solid foundation for the token launch, benefiting from its existing community.
X Empire Game Announced Burning Coins of Inactive Users Before Token Airdrop Launch
This mix of game mechanics, blockchain integration, and strategic moves before the launch could position X Empire for success. Would you like to dive deeper into TON’s role or how this coin launch compares to other crypto gaming trends?
