[CTXT Issuance QnA]. Dear, Pilots. This is XPLA. $CTXT token has been issued on C2X, XPLA's main platform, as a core tokenomics.
07 Nov 2022, 14:20
[CTXT Issuance QnA]
Dear, Pilots.
This is XPLA.
$CTXT token has been issued on C2X, XPLA’s main platform, as a core tokenomics.
Please check the FAQs below about the new token $CTXT.
[QnA]
Q1. What is $CTXT? Is $CTX changed to $CTXT?
A1. $CTX is different from $CTXT.
$CTXT is a newly issued utility token just for the C2X platform. It’s a separate token from $CTX.
The old $CTX has been now migrated to $XPLA, the mainnet coin. Please note that after the migration is over, $CTX won’t be used.
Q2. Why was $CTXT issued?
A2. Because of C2X Gaming Platform mainnet migration to their new Layer-1 XPLA.
Due to their migration, an absence of public and governing token occurred on the C2X Blockchain Gaming Platform.
$XPLA is a mainnet native coin, not a platform token.
C2X Gaming Platform needed a new token that can take role as a public and governing token for the platform.
Q3. What role does $CTXT have?
A3. $CTXT will serve as both public token and governance token for the C2X Blockchain Gaming Platform.
Q4. Where to get $CTXT?
A4. $CTXT can only be obtained through games that are on-boarded in the C2X Blockchain Gaming Platform.
Also, there will be a pool where you can exchange between $CTXT and $XPLA.
If you need more details about $CTXT, please visit C2X Platform.
We will try to answer any questions regarding the topic.
Thank you always.