The immersive 3D metaverse ZTX will launch its token on October 16, with a genesis airdrop accounting for 4%

ChainCatcher news, the metaverse platform ZTX announced that it will release the ZTX token airdrop and listing date on October 16. ZTX will include governance and utility for purchasing gameplay, and the team also plans to use platform revenue to support a token buyback program.

It is reported that the total supply of ZTX is 10 billion tokens, with early investors and advisors allocated 5.5%, ZEPETO allocated 9.5%, the core team allocated 16%, the social fund allocated 10%, initial ZTX liquidity and genesis airdrop accounting for 4%, X2E Rewards allocated 35%, ZTX Foundation treasury allocated 15%, and MM liquidity allocated 4%.

According to RootData, on August 16, 2023, the South Korean metaverse platform Zepeto and the metaverse platform ZTX established by Jump Crypto completed a $13 million seed round financing, led by Jump Crypto, with participation from Collab+Currency, Parataxis, MZ Web3 Fund, Everest Ventures Group, and others.