IXT

IXT is an ERC-20 standard token on the Polygon Network. The ERC-20 introduces a standard for fungible tokens with the property that each token is exactly the same (in type & value) as another token. IXT is the medium of exchange in the Planet IX ecosystem, it serves as in-game currency, rewards and confers voting rights. IXT is the only ERC-20 in the game economy of assets and is the key to playing the game, trading and purchasing assets. IXT tokenomics are engineered to develop a sustainable ingame economy while also bootstrapping the user base with incentive mechanisms. The gamification of a fungible asset is the very foundation on which the game relies, leveraging an innovative custom play-to-earn model to reward active players and stakeholders developed by our statistical team. IXT benefits from a four-year vesting schedule optimized to secure the stability of the game for a decade to come. With a total of 153M IXT, Planet IX has a considerably lower total issuance than its main competitors with an average of around 2 billion.