CharacterX Announced its Product's Key Changes and the Company's Blueprint

Since first version was released in September 2023, CharacterX has attracted more than 7 million registered users. CharacterX also successfully closed the Seed round funding

CharacterX, a platform that enables users to create, own, and trade their unique digital characters as valuable assets, has announced several key changes to its product and roadmap. The platform, which launched its first version in September 2023 and has since attracted over 7 million registered users, has also successfully closed the Seed round funding, registered in the Stanford Blockchain Accelerator, and won the Solana Hackathon Top Three earlier this year. In July, CharacterX also launched the Telegram Mini App, which has already gained significant traction.

However, CharacterX acknowledges that it has not been fully transparent with the community regarding the changes to the roadmap, and for that, it sincerely apologizes. To clarify, many things happened beyond our control, despite our relentless efforts. But it’s not here to make excuses or beg for your forgiveness.

In the world of Web3, when challenges arise, we must embrace and adapt. After all, you change or you die. So CharacterX shares this letter to explain the upcoming plan, so we can move forward together.

1. Roadmap Evlovement

The world changes. Web3 changes. And CharacterX changes. But the adjustment to the roadmap is not a reaction, rather an action. CharacterX choses to evolve the roadmap to include the new features each season, so it can better deliver the ultimate goal.

CharacterX promises it will improve your experience, increase your engagement, and deliver your expectations.

2. Token System

Over the journey of CharacterX, there have been three main points: CXC, CXT, and CAI. Each of these tokens plays a unique role in enhancing the platform's functionality and user experience. Here's a deeper look at the differences among them.

Token Details

The Utility of CAI Token

CAI Token Burning Mechanism

When users need to create more Characters (i.e., generate more assets), they are required to burn CAI tokens. Regular buyback and burn of CAI tokens will be conducted based on market conditions and profitability, aiming to stabilize and increase the token's price.

3. Airdrop Instruction

The TGE Airdrop and CAI Amount to be Released

In total, CharacterX assigned 8% of total CAI token (100,000,000) for Airdrop to award our early attenders (a.k.a you). Detailed CAI token for each season is:

How to Calculate Your Airdrop

Your Airdrop Percentage = (Your Points / Total Points of All Users in the Season) * Season's CAI Token Allocation.

Example:

Together And Thrive

Hope this letter provides more clarity regarding our next step. Despite many things happening above our control and despite our effort, CharacterX could and should do better communication. Please don't be hesitant to reach out to us should you have any questions.

With your help and support, CharacterX can do anything.

Appendix: CharacterX Links

Website https://characterx.ai/

TG Mini App https://t.me/CharacterX_bot/miniapp

Android https://android.characterx.ai

IOS http://bit.ly/DownloadCX_IOS

X/ Twitter https://x.com/CharacterXAI

TG Grouphttps://t.me/CharacterX_Group

Discord https://discord.gg/characterxai

Medium https://medium.com/@CharacterXAI

LinkedIn https://www.linkedin.com/company/characterx/

Disclaimer: This press release is for informational purposes only and does not constitute financial advice or an offer to buy any product or security. Potential investors should ensure they understand the risks and verify all information before investing. CharacterX is the sole source of this press release (not PR publishing cowpony or its partners). If you wish to make a financial decision based on the content in this press release, you should contact rene(at)characterx(dot)ai for further information. Company are responsible for this PR.

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