Elon Musk themed Telegram game ‘X Empire’ commences pre-market trading prior to its airdrop
X Empire implements the Notcoin model, which involves the use of NFT vouchers for pre-market token trading. However, there are still uncertainties regarding the conversion rate.
X Empire, an expanding tap-to-earn game on Telegram, is sticking to the Notcoin strategy by instituting pre-market trading on Tuesday and employing custom NFT vouchers in anticipation of the forthcoming token launch and airdrop.
While other Telegram games, such as Hamster Kombat and Catizen, have implemented pre-market trading through established exchanges, X Empire (initially known as Musk Empire) is allowing players to redeem an early portion of their airdrop allotment by minting an NFT. Those NFTs, which are generated on The Open Network (TON), can subsequently be traded on the Getgems marketplace.
This approach is strikingly similar to that of Notcoin, the tap-to-earn game that established the standard for X Empire and other spiritual successors earlier this year. In the past, Notcoin also permitted participants to withdraw a portion of their earned coins through NFT vouchers, which were interchangeable with Getgems. This allowed traders to speculate on the future price of the NOT token.
Nevertheless, there is a critical distinction between the two methodologies. The developers were able to offer a clear conversion rate by focusing solely on the tap-to-earn design of Notcoin’s gameplay, which generated a single on-chain NOT token for every 1,000 in-game coins earned.
However, the Elon Musk-themed X Empire adds additional gameplay elements to the basic tapping experience. This includes the ability to modify your avatar by spending in-game currency on enhancements, as well as to engage in rock-paper-scissors negotiations with other players or to wager on fake stocks.
Consequently, it is perhaps illogical to establish the airdrop solely on the quantity of currency that players have acquired. Nevertheless, the developers have not yet disclosed the manner in which the airdrop allocations will be managed, which presents a multitude of uncertainties regarding the process. Consequently, players may find it challenging to determine whether or not to claim a voucher.
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