Metaverse project ZepetoX will launch ZTX tokens on October 16, with 4% of the total amount being airdropped.

Odaily News Yuan Universe project ZepetoX announced that the ZTX token airdrop and release date will be October 16. The total supply will be fixed at 10,000,000,000 pieces, of which 4% will be allocated to the genesis airdrop. ZTX tokens can be used for community governance, purchasing in-game assets, and improving player progress in the game. In addition, the platform will also promote the value of the ZTX ecosystem through a token buyback program, including destruction (reducing the total supply), providing rewards to players (incentive pool), and part of it being used to fund the treasury. According to previous news, ZepetoX is a project created by South Korean Metaverse platform Zepeto through cooperation with Jump Crypto, and has completed a seed round of financing of US$13 million, led by Jump Crypto, with other investments such as Collab+Currency, Parataxis, MZ Web3 Fund, Everest Ventures Group, etc. Those who participate in the investment.