📊Token Distribution
Last updated
Last updated
$XWG has a total supply of 10,000,000,000 tokens. Here is a breakdown of how these tokens will be distributed.
XWG Token Distribution Schedule updated Oct 25, 2023
Mining Pool
49%
0.83% proportional release at TGE, unlock monthly over 10 years
This portion will be reserved as an incentive for the play-to-earn-to-stake system.
Liquidity Provision
3%
Fully liquidated at TGE
This portion will serve as liquidity and also the incentive for the ecosystem market maker.
Seed Sale
8%
**26 month cliff at TGE, unlock semiannually over 5 years.
This portion will be held by the project’s early financiers, including seed/strategic sale rounds.
Strategic Sale
17%
**20 month cliff at TGE, unlock over 5 years.
This portion will be held by the project’s early financiers, including seed/strategic sale rounds.
Marketing
5%
50% proportional release at TGE, unlock quarterly over 1 year period.
This portion will be reserved for future ecosystem development, including game incubation, social media marketing, and community events.
Team
9%
6 month cliff at TGE, unlock semiannually over 10 years.
The portion will be allocated as incentives for project founders, employees, and advisors.
Foundation
9%
To be released by the Team upon product & marketing progress over 10 years.
This portion will be reserved for Foundation’s operations, including auditing, consulting, branding, researching, legal and overhead costs.
In addition, X World Games will have burning and other economic mechanisms through decentralized governance to achieve a better economic deflation and ecological incentive mechanism. The detailed operation will begin with the community proposal and voting, and the whole process will be open and transparent.
**Due to the extreme market conditions, we have made modifications to the Strategic Round unlock schedule again. The first unlock date for the Strategic Round will occur on March 12th, 2023 (UTC), and we anticipate that it will be fully unlocked before March 14th, 2028 (UTC).
