Tokenomics

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Last updated 3 months ago

Tokenomics

Xmultiverse Token is the tool symbol used in transaction and application interaction throughout the Xmultiverse ecosystem and the utility token built on self-owned public chain or other mainstream blockchains.

What's the Xmultiverse Token

Xmultiverse plans to issue exclusive tokens which will allow holders to initiate and vote on guaranteed governance proposals to determine the parameters of current and future guaranteed features (fees, technical solutions, supporting applications, business expansion, etc.). This ensures that community users have a fair and open right to participate in Xmultiverse's global eco-governance. Xmultiverse is an authority universe where the token is the source of faith for the entire planet while the holders are the prophets whose decisions guide the future.

The token is the tool symbol used in transaction and application interaction throughout the Xmultiverse ecosystem and the utility token built on self-owned public chain or other mainstream blockchains. The ERC-1155 token standard is deployed to ensure the temporary scarcity and verifiability of NFTs. The tokens will be used by global gamers, creators and developers across the ecosystem, enabling asset transfer and application interoperation between creators and players while building a user-based Xmultiverse economic incentive ecosystem.

The native token of Xmultiverse is regarded as a tool and protocol representative, whose economic interests require a combination of:

Participation of community users in the project utility, roadmap and network
Ownership is distributed on a percentage basis and depended on users of the protocol
Fair incentive distribution with full consideration of the rewards allocated to various protocol activities to determine impartial and proper decentralization

Participants in the Xmultiverse ecosystem include:

Global users: service users, creators, community KOLs, referrers of new users
Business providers: project owners, institutional organizations, brokers, market makers, operators, etc.
Technology developers: core development teams, community developers, relay operators, third-party service integrators
Governance participants: governance proposers, reviewers involved in discussions, voters holding tokens, foundation representatives

Allocation of Xmultiverse Tokens

Total Supply: 5,000,000,000

TGE Supply: 4.4% (220,000,000)