ZTX, standing for ZepetoX, represents a groundbreaking initiative in the realm of decentralized metaverses. At its core, ZTX seeks to redefine the very essence of what a metaverse can be with it’s slogan, “Build, Play, Earn”. It draws heavily from the monumental successes of ZEPETO, which has established itself as the premier metaverse platform in Asia. With a user base that spans continents, ZEPETO’s achievements serve as a testament to the potential of digital realms.
The primary vision behind ZTX is to empower its users, giving them the tools and the platform to push beyond the limitations set by other metaverses. This is not just about creating a digital space; it’s about creating a digital universe that resonates with its inhabitants. The global game system embedded within ZTX is designed to not just entertain but also to motivate, unite, and reward its users. This system, combined with the cutting-edge web3 technology, ensures that users get an experience that is second to none.
One of the standout features of ZTX is the provision of a free plot of land to its users from the outset. This isn’t just a piece of digital real estate; it’s a canvas for self-expression, a testament to the user’s presence in the metaverse, and a potential economic powerhouse. Users have the freedom to develop, customize, and monetize this land, making it a central aspect of their digital journey.
The influence of ZEPETO is evident in ZTX’s focus on avatars and cosmetics. With over 2.5 billion transactions to its name, ZEPETO’s avatar and cosmetic experiences have been a hit among users. ZTX takes this a step further, enhancing and expanding upon these experiences, ensuring that users have more tools at their disposal to express themselves.
But ZTX is more than just an extension of ZEPETO. It’s a vision of a digital home in the vast expanse of the metaverse. It’s a place where users can socialize using rich features, leverage powerful DeFi tools, navigate through a complex yet rewarding economy, and explore themed Districts that resonate with their interests. Furthermore, ZTX places a strong emphasis on governance, allowing its community to have a say in decisions at both the macro (world) and micro (district) levels.
Tokenomic
ZTX, or ZepetoX, is designed with a multi-layered approach to its world economics. The primary currency, $ZTX, serves as the hard currency of the broader ZTX ecosystem. Alongside $ZTX, there are other assets such as gold coins and materials. These assets play a pivotal role in the in-game mechanics, allowing users to craft NFTs and participate in various games.
One of the core principles of $ZTX is to empower and align community members. To achieve this, $ZTX has been integrated into the governance structure at multiple levels. A portion of the economic activity that occurs within ZTX, including transactions on the ZTX Marketplace, will be distributed among stakeholders. This ensures that the community remains at the heart of all economic decisions and benefits from the growth of the platform.
Materials, which are soft currencies, are earned through gameplay. They can be utilized in various ways:
- Crafting ZTX assets
- Being sold for gold, which can then be used to purchase assets or gain entry into games
- Developing and enhancing land
Gold, another in-game currency, can be exchanged for materials or directly purchased using $ZTX. Gold has multiple utilities, such as:
- Buying materials and resources from other players
- Purchasing blueprints and designs
- Acquiring unique classes of gold-denominated items
- Buying tickets to various portal games
- Participating in raffles and lotteries
As players progress in their ZTX journey, they will have access to a variety of assets for crafting. The combined assets on a player’s land contribute to a Land Appraisal score, which encourages crafting and creativity. This score also provides players with access to special opportunities within the ZTX world.
Furthermore, ZTX emphasizes community governance. Governance in ZTX operates at two levels: World and District. World Governance allows stakers to propose and vote on community treasury expenditures and world parameters. District Governance, on the other hand, empowers District members (those who own a District Home NFT) to propose and vote on District-specific expenditures and parameters.
Overall, the tokenomics of $ZTX is designed to foster community involvement, reward participation, and drive the growth of the ZTX metaverse.
Token on What Network?
Arbitrum
Contract Address:
Arbitrum: 0x1C43D05be7E5b54D506e3DdB6f0305e8A66CD04e
Where to Buy ZTX
Specific platforms or exchanges where ZTX can be purchased are not mentioned in the provided content.
Whitepaper Link:
Can ZTX be mined?
There is no mention of mining capabilities for ZTX in the provided content.
Can ZTX be staked?
While there is a mention of governance and stakers proposing changes, specific details about staking ZTX are not provided in the extracted content.
Conclusion
ZTX, or ZepetoX, represents a significant leap in the evolution of decentralized metaverses. By integrating the successes of ZEPETO and introducing innovative features like land ownership and a multi-layered economy, ZTX is poised to redefine the metaverse landscape. With a strong emphasis on community, governance, and decentralized finance, ZTX offers a promising platform for users, creators, and communities to interact, create, and monetize in a decentralized digital world.
Proud founder of Coin4Planet – joining crypto & sustainability. Investor since 2013, trader at heart. Tech geek, traveler, meetup addict.