Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure
Founded in 2022, ZTX is the blockchain initiative enabled by the technology and IP of ZEPETO — the largest metaverse in Asia with over 430 million lifetime users. ZTX aims to offer virtual social networking venues for avatars in addition to diverse add-on offerings such as portal games.
Core pillars of the ZTX platform experiences include avatar customization, home/land customization, collecting resources then harvesting and crafting to create one’s own assets, and socializing with other users. Further experiences such as asset sales, portal games, and conventions will be available with product updates scheduled on the roadmap.
The native utility token of ZTX is used for governance participation, in-game utility (i.e. enhanced gameplay, access to different portal applications, etc), and the default payment method for transactions in the ecosystem. To learn more about the tokenomics and product design, please refer to the project website at ztx.io.
What is ZTX?
ZTX represents a decentralized metaverse platform, designed to immerse users in a digital universe where they can forge their own identities, engage in gameplay, and contribute to a dynamic, multi-layered economy. This platform is at the forefront of blending social networking with virtual reality, allowing for a richly interactive environment. Users can personalize their avatars and living spaces, gather resources, and craft unique assets, fostering a sense of community and creativity.
At its core, ZTX is powered by a blockchain initiative, leveraging technology and intellectual property from one of Asia's leading metaverses. This initiative aims to expand the boundaries of virtual interaction, offering users not just a space for customization and socialization but also opportunities for earning through various in-platform activities. These activities range from asset creation and gameplay to participating in special events and portal games, which are continuously updated and expanded according to the platform's roadmap.
The ZTX ecosystem is underpinned by its native utility token, which serves multiple functions within the platform. It acts as a medium for transactions, enabling users to buy, sell, or trade assets seamlessly. Additionally, the token facilitates enhanced gameplay experiences and grants access to exclusive portal applications, enriching the user's engagement with the platform. Governance is another critical aspect of the token's utility, allowing token holders to participate in decision-making processes that shape the future development of the metaverse.
As the platform evolves, it promises to introduce more features, including asset sales, more immersive portal games, and virtual conventions, further enriching the user experience. For those interested in the technical and economic aspects of the platform, detailed information on tokenomics and product design is available for consultation, ensuring transparency and fostering a deeper understanding of the platform's potential impact on the digital landscape.
It's essential for anyone considering engaging with the ZTX platform or its associated tokens to conduct thorough research and understand the intricacies of the digital economy. This ensures informed participation and alignment with personal or organizational objectives within the evolving world of cryptocurrencies and blockchain technology.
How is ZTX secured?
ZTX employs a multifaceted approach to ensure the security and integrity of its platform, leveraging both the robustness of blockchain technology and advanced security measures. At its core, the security of ZTX is anchored in blockchain technology, which provides a decentralized and immutable ledger, ensuring transparency and tamper-proof record-keeping. This foundational layer is enhanced by the integration with the ZEPETO software architecture, which brings additional stability and reliability to the platform.
To further bolster security, ZTX adopts a zero trust security model. This model operates on the principle of "never trust, always verify," applying stringent access controls and continuously validating every transaction and interaction within the ecosystem. This approach minimizes vulnerabilities and reduces the risk of unauthorized access, making the platform more resilient against potential threats.
On-chain governance plays a crucial role in maintaining the security and democratic operation of the ZTX platform. It allows for a decentralized and community-driven decision-making process, where token holders can participate in governance decisions, contributing to the platform's evolution and security policies. This inclusive model ensures that changes and updates to the platform are made transparently and with the consensus of the community.
Additionally, ZTX provides a multi-coin wallet for secure storage of assets. This wallet supports various cryptocurrencies, offering users a safe and convenient way to manage their digital assets. The wallet's design incorporates advanced security features to protect against unauthorized access and ensure the safekeeping of users' funds.
It's important for users to conduct their own research and understand the risks associated with investing in cryptocurrencies. The dynamic nature of the crypto market and the technologies involved necessitates a cautious approach to investment and participation in any blockchain-based platform.
How will ZTX be used?
ZTX, as a native utility token, plays a multifaceted role within its ecosystem, catering to a wide array of functionalities aimed at enhancing user experience and engagement. At its core, ZTX is designed to enrich the digital environment it operates within, by serving as a crucial element in avatar identity and experiences. Users can leverage ZTX for avatar customization, allowing for a personalized digital representation in the virtual world. This customization is not limited to aesthetics but extends to the experiences and interactions within the platform, making each user's journey unique.
Beyond individual customization, ZTX is instrumental in creator development and monetization. The platform encourages creativity and innovation by enabling users to create, develop, and monetize their creations through gameplay. This not only fosters a vibrant creator economy but also ensures a continuous stream of fresh content and experiences for all users. The token's utility is further expanded through its application in governance participation. Holders of ZTX have the opportunity to influence the platform's development and direction, participating in decision-making processes that shape the ecosystem.
The utility of ZTX extends into the realm of in-game functionalities. It acts as a medium for transactions within the ecosystem, facilitating the purchase of virtual goods, services, and experiences. This seamless integration of ZTX as a payment method enhances the overall user experience by providing a unified and efficient transaction mechanism.
Moreover, the potential applications of ZTX reach beyond the digital sphere. Its design and utility hint at possible real-world applications, such as e-commerce, micropayments, and remittances, indicating a bridge between virtual and physical economies.
In summary, ZTX is positioned as a cornerstone of its ecosystem, supporting a wide range of activities from avatar customization, creator economy, governance, in-game utility, to potential real-world applications. Its role is integral to the platform's aim of building a comprehensive, immersive, and interactive digital world.
What key events have there been for ZTX?
ZTX has experienced several pivotal moments since its inception, reflecting its growth and expansion within the blockchain and virtual social networking space. The launch of the ZEPETO platform marks a significant milestone, establishing a foundation for ZTX's ecosystem. This platform not only serves as a virtual space for avatars but also as a hub for diverse interactions and experiences.
The introduction of ZTX's three core pillars—Identity, Experience, and Creator Development—further outlines the project's vision. These pillars emphasize the importance of user engagement, creativity, and personal expression within the ecosystem. By focusing on these areas, ZTX aims to foster a rich, interactive community where users can explore various aspects of their virtual identities.
Integration of social aspects and decentralized finance into the platform is another key development. This integration demonstrates ZTX's commitment to blending social networking with the innovative features of blockchain technology, offering users a unique blend of social and financial interactions.
The platform's plans to offer a wide range of in-game experiences, such as downtown areas, portal games, and community events, indicate its ambition to create a dynamic and immersive virtual world. These experiences are designed to keep users engaged and provide continuous opportunities for exploration and interaction.
Education and empowerment are also central to ZTX's mission. Through partnerships with global companies and brands, ZTX seeks to provide users with learning opportunities and the tools they need to succeed within the platform. This approach not only enhances the user experience but also contributes to the overall growth and development of the ZTX community.
The native utility token of ZTX plays a crucial role in the ecosystem, facilitating governance participation, in-game utility, and transactions. This token is integral to the functioning of the platform, underpinning the economic and governance structures within the ZTX ecosystem.
In summary, ZTX has made significant strides in developing a comprehensive and engaging virtual platform. Through strategic initiatives and developments, it continues to enhance the user experience and expand its reach within the blockchain and virtual social networking spaces.
The live ZTX price today is $0.005787 USD with a 24-hour trading volume of $1,969,256 USD. We update our ZTX to USD price in real-time. ZTX is up 7.52% in the last 24 hours. The current CoinMarketCap ranking is #905, with a live market cap of $24,334,196 USD. It has a circulating supply of 4,204,949,769 ZTX coins and a max. supply of 10,000,000,000 ZTX coins.