PROJECT XENO has added new use cases for its utility token, $UXE.
- Opening of UXE Shop
- Standardization with other games
This announcement is expected to be an important step not only for PROJECT XENO but also for the larger ecosystem it supports.
Let’s take a closer look at each of these.
What is UXE in the first place?
UXE is a token used in PROJECT XENO. Players can obtain UXE by winning battles in the game.
| Currency Name | XENO Utility Token |
| Symbol | UXE |
| Maximum Supply | None |
| Contract Address | 0x94EF1c2d0F7Dc899978944F2898d78a255AFad3E |
What is PROJECT XENO?
PROJECT XENO is a blockchain game that gained popularity with the ambassadorship of Hikaru, a famous YouTuber from Japan. In this game, players place a character called XENO on a 3×3 grid and battle against each other.
For more details, please refer to the “What is PROJECT XENO” article.
Two Cryptocurrencies of PROJECT XENO
XENO has two tokens, GXE and UXE, each with its own utility.
XENO Governance Token (GXE)
The GXE token is used to generate NFTs such as characters and equipment, as well as to open NFT BOXes.
For information on how to purchase GXE tokens, please refer to “How to Buy XENO Governance (GXE)“.
Additionally, there is a GXE Partner Program where you can enjoy various benefits by meeting certain conditions, such as holding during a specified period.
To learn more about the GXE Partner Program, please visit “What is GXE Partner Program“.
Utility Token UXE
UXE is a token that can be earned by playing PROJECT XENO.
The NFT XENO comes with a feature that allows you to earn tokens by purchasing NFTs and engaging in battles.
For more information on how to purchase NFTs, please refer to “PROJECT XENO’s Exploration of NFTs | How to Buy NFTs?“.
Additionally, this game can be enjoyed without purchasing NFTs with real money, and you can still earn tokens even without owning NFTs.
Of course, purchasing NFTs will significantly increase your earning potential, but if you’re just curious, please feel free to download and try it out.
How to Earn UXE
UXE can be obtained with a probability when winning in the Arena Battle of PROJECT XENO. To earn, you need to use an NFT with a EARN status of 1 or higher with a character called XENO.
In addition to earning in the game, it is also possible to purchase through DEX. For purchasing methods, please refer to “Your Ultimate Guide to Buying UXE in PROJECT XENO“.
There is also a rare chance of obtaining Ucoin from treasure boxes for free. For methods on how to earn for free, please refer to the article “PROJECT XENO: How to Earn Free – A Complete Guide“.
Ucoin is the in-game currency that can be exchanged for UXE. For information on how to exchange Ucoin for UXE and then for USDT, please refer to the article “From U Coin to USDT: Cashing Out in PROJECT XENO“.
PROJECT XENO| New Use Cases for UXE
UXE offers multiple use cases. These include purchasing items in the in-game shop, as well as developing XENO and skill cards.
In addition to these, two new use cases have been announced this time. Let’s take a look at each of them.
(1) Opening of UXE Shop
The UXE Shop, which will sell limited quantity and limited purchase NFTs, is scheduled to open in October.
It is expected that the demand for UXE will increase with the sale of limited NFTs at the UXE Shop. I wonder what kind of NFTs will be available for sale. It’s so exciting!
(2) Standardization with Other Games
In addition to PROJECT XENO, UXE will also be standardized in the following two new games.
ELEMENTAL STORY WORLD
“Elemental Story World” is a Play-to-Earn (P2E) puzzle NFT game. Players earn rewards by purchasing NFTs and winning puzzle battles.
These rewards include in-game currency to strengthen character NFTs. It also allows solo and multiplayer gameplay, featuring match-three puzzle mechanics.
This game is part of CROOZ Blockchain Lab’s portfolio, known for “PROJECT XENO” and endorsed by Japanese YouTuber HIKARU.
Please refer to the article “What is “ELEMENTAL STORY WORLD” – Guide of How to Earn and What’s Exciting?” for more details.
Ergosum
Ergosum is a Web3 incremental role-playing game that vividly depicts the fates of girls who dared to touch the taboo. Enhanced with stunning graphics and music, it promises an immersive gaming experience. Announced in April 2023, the news of the game’s development has undoubtedly caused excitement among NFT gamers.
For more details, please refer to the article “What is “Ergosum” – Guide of How to Earn and What’s Exciting?“.
What are the advantages and disadvantages of this presentation?
Now, let’s examine the impact of the recent announcement on UXE, considering both the advantages and disadvantages.
Advantages
There is a possibility that UXE may increase in demand through this standardization, and if the demand increases, the value of UXE may also rise.
In addition, the use of UXE in other game projects may expand the XENO ecosystem and attract more users.
Disadvantages
On the other hand, integrating and adopting UXE in multiple projects may pose technical and operational challenges. Moreover, there are not many examples of token standardization across multiple games, and it may also be influenced by future market conditions.
Future prospects
The adoption of UXE tokens in new projects holds the potential for expanding the ecosystem and increasing the value of the tokens themselves.
However, when considering investment or participation, it is important to carefully consider market fluctuations, project sustainability, and competition.
It is crucial to explore the future prospects and possibilities of UXE and related projects through proper research and analysis.
PROJECT XENO| Frequently Asked Questions
- How to obtain UXE?
- How to exchange Ucoin to UXE?
- What is the difference between UXE and GXE?
- What is the contract address for UXE?
- Is it necessary to make purchases to enjoy XENO?
How to obtain UXE?
There are mainly two ways to obtain UXE in PROJECT XENO, through winning arena battles in PROJECT XENO and through the probability-based acquisition.
Specifically, you can earn UXE by using NFTs with EARN status of 1 or higher, using the character called XENO to participate in battles. Additionally, there is a way to obtain Ucoin for free from treasure boxes.
How to exchange Ucoin to UXE?
Details about how to exchange Ucoin to UXE can be found in the article “From U Coin to USDT: Cashing Out in PROJECT XENO“.
What is the difference between UXE and GXE?
The difference between UXE and GXE is that GXE is a governance token used for NFT generation and opening NFT BOX. On the other hand, UXE is mainly used for purchasing in-game items and for the development of XENO and skill cards.
What is the contract address for UXE?
The contract address for UXE is 0x94EF1c2d0F7Dc899978944F2898d78a255AFad3E.
Is it necessary to make purchases to enjoy XENO?
It is possible to enjoy XENO without making purchases. You can earn UXE in the game without buying NFTs and have fun. However, owning NFTs will allow you to earn more UXE.
PROJECT XENO| Summary
New use cases have been added to UXE, the utility token of PROJECT XENO.
First, with the opening of the UXE Shop, the sale of valuable NFTs is expected to increase the demand for UXE. This will be an important step not only for Project XENO but also for the larger ecosystem that supports it.
Furthermore, UXE will be standardized in other games, expanding the XENO ecosystem.
Looking ahead, there is a possibility that the UXE token will be adopted in new projects. This is expected to further expand the ecosystem and increase the value of the token.
About PROJECT XENO
PROJECT XENO is the Japanese NFT game that merges GameFi and esports in a 3v3 PvP battle arena.
Developed by CROOZ Blockchain Lab, it offers enjoyable gameplay and long-term income generation.
With support from celebrities like YouTuber Hikaru and boxer Floyd Mayweather Jr., prepare to earn through gameplay, NFT trading, and token trading.
| Name | Project XENO |
| Blockchain | BSC/Ethereum |
| Token | $GXE/$UXE |
| Website | https://project-xeno.com/ |
| https://twitter.com/PROJECTXENO_GLB | |
| Discord | https://discord.com/invite/G4bk9nhJpG |
| Telegram | https://t.me/projectxenoglb |
| Whitepaper | https://project-xeno-1.gitbook.io/project-xeno-whitepaper-en/ |
