Elon Musk-Inspired Crypto Game ‘X Empire’ Kicks Off Pre-Market Trading on Getgems

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Elon Musk-Inspired Crypto Game ‘X Empire’ Kicks Off Pre-Market Trading on Getgems

X Empire, the Elon Musk-inspired crypto game on Telegram, has officially launched pre-market trading for its upcoming token through NFT vouchers, setting the stage for its much-anticipated airdrop.

According to a recent announcement, users will be able to mint and trade the vouchers on Getgems, an NFT marketplace designed to support the buying and selling of digital artwork and other collectibles on The Open Network (TON) blockchain.

X Empire Copy’s Notcoin’s Strategy for Pre-market Trading

In contrast to other Telegram games like Hamster Kombat (HMSTR) and Catizen (CATI), which relied on established exchanges such as OKX, Bybit, and Bitget for pre-market token trading, X Empire allows users to redeem a portion of their airdrop allocation via NFT vouchers.

The vouchers, minted directly on the TON blockchain, allow participants to engage in early speculation on the game’s future token value. The digital asset, known as “X” is scheduled for full release later this month on September 30.

The introduction of NFT vouchers for pre-market trading was first popularized by Notcoin NOT $0.0078 24h volatility: -1.7% Market cap: $794.94 M Vol. 24h: $127.14 M , 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 now following.

X Empire Places 20%  Royalty Fee on NFT Sales

Despite using the same pre-market strategy, the Musk-inspired crypto game has a different approach in terms of conversation rates.

While Notcoin offered users the opportunity to convert their accumulated in-game coins into NOT at a 1,000-to-1 ratio, X Empire introduced multiple ways for players to utilize their coins. According to the game, players can upgrade their avatars, bet on fake stocks, and even engage in rock-paper-scissors-style negotiations with other users, adding layers of strategy and complexity.

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 difficult to base the airdrop purely on the number of in-game coins earned.

The game said that minting NFTs on the TON blockchain comes with a transaction fee for players participating in the pre-market trading. A 20% royalty is also applied to all secondary sales of the vouchers, which will help fund the liquidity for the $X token listing.

“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 Sector

Since its launch in July, X Empire has quickly gained traction as one of the newest entrants in the tap-to-earn (T2E) gaming space on Telegram, attracting over 18 million players within its first few weeks.

Initially launched as “Musk Empire”, the game’s name and theme sparked speculation of a direct association with Elon Musk, the billionaire entrepreneur behind Tesla and SpaceX.

However, the developers soon rebranded it to X Empire to shift the focus away from Musk’s persona while introducing new upgrades that emphasize the game’s different play modes.next

Elon Musk-Inspired Crypto Game ‘X Empire’ Kicks Off Pre-Market Trading on Getgems