4.8 Ecological Economic Model

4.8.1 XWALK Issuance and Distribution

Token Name: XWALK

Total Supply: 1 billion XWALK tokens

Allocation Plan:

  1. Mining Output: Accounts for 70% of the total supply, gradually released through mining activities to incentivize community participation.

  2. Foundation: 10% allocation to support long-term project development.

  3. Technical Operation: 6% allocation to ensure continuous technical maintenance and upgrades.

  4. Ecological Governance: 6% allocation to encourage community involvement in ecological co-construction and governance.

  5. Genesis Contract: 5% allocation to support initial circulation for project launch.

  6. Liquidity pool: XWalk’s market value flow on exchanges.

4.8.2 Token Linear Release Mechanism

To ensure stable token supply and avoid significant market price fluctuations, we have established the following linear release plan:

Total Release Amount: 1 billion XWALK tokens

Release Period: 5 years

Annual Release Ratio: 20% of total tokens released annually

Specific Release Details:

A. Mining Output Portion

70% of tokens produced through mining will be gradually released over 5 years at a linear rate of 20% per year. This means 14% (70% of 20%) of the annual mining output will be evenly distributed over 365 days, gradually entering the market.

B. Remaining Portion

The remaining 22% of tokens, excluding mining output, will also undergo linear release at the same annual rate (20%) over 5 years. The total of 5% and 3% will be allocated to genesis contracts and NFT rights.

This release plan aims to maintain stable token supply, promote healthy project development, and continue to incentivize community participation.

4.8.3 Staking Destruction Mining Mechanism

Staking Token Distribution

  1. Complete Destruction (70%): Of the staked tokens, 70% will be sent directly to a black hole address and publicly disclosed, ensuring these tokens never circulate again, thereby reducing impact on the market.

  2. DAO Governance (10%): 10% of staked tokens will be allocated to the DAO governance fund to support decentralized autonomous organization operations and decision-making.

  3. NFT Card Perpetual Dividends (10%): Holders of specific NFT cards will receive two 5% perpetual dividends from this fund, enhancing NFT value and attractiveness.

  4. Reserve Fund (5%): 5% of staked tokens will be placed in a reserve fund to cope with market fluctuations and deep operation.

  5. X Base (5%): The final 5% will support the construction and development of X Base, driving on-site application and expansion of the project.

Staking Mining Output and Ecological Flow

  1. Direct Output (70%): Stakeholders will receive 70% of their output directly as a reward, and these tokens can freely circulate for various transactions or holdings.

  2. Ecological Flow (30%): Another 30% of output will be automatically converted into X-Unknown Elements, promoting fluidity within the project ecosystem. X has broad applications in the ecosystem, such as exchanging unique travel routes, purchasing goods, or participating in other ecosystem activities.

4.8.4 X Mall and X Token

X Mall is an exclusive online business circle for XWalk, providing users with a comprehensive consumer platform integrating shopping, services, and entertainment. The mall offers a wide range of curated products including travel essentials, souvenirs, local specialties, and various lifestyle services. Users can easily purchase these items using X Tokens, enjoying a seamless shopping experience.

X Token is the sole circulating currency of X Mall, enabling users to engage in various transactions and activities within the mall. Users can use X Tokens to exchange for meticulously designed travel routes, enjoy personalized travel experiences, or purchase travel-related goods and services on the platform.

The internal mall of XWalk not only enriches users' shopping choices but also deepens the close connection between users and the project ecosystem through the circulation of X Tokens. Here, every shopping transaction supports and contributes to the development of the XWalk ecosystem, allowing users to benefit from the project's growth dividends. The circulation and use of X Tokens not only incentivize user participation but also promote the prosperity and development of the XWalk ecosystem. Through this output and ecosystem circulation mechanism, the XWalk project creates a positive feedback loop, attracting more users to join and collectively driving the project's continuous development.

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