(xBrokers Platform Token X Launches on (Ju.com))

Odaily Planet Daily reports that the platform governance token X of the RWA platform xBrokers officially launched on Ju.com at 18:00 (UTC+8) on October 17. Half an hour before the launch, 6.3 million X tokens originally planned for the IEO were destroyed on-chain, with relevant records available for viewing on the JuChain browser. Subsequently, the X/JU trading pair was opened, with the initial price determined by market matching, and all users were granted trading eligibility at the same time. X did not undergo an IEO, nor does it have team or private allocation shares. All circulating tokens were pre-mined through staking Hong Kong stocks to generate computing power, with each X representing the staking output of real assets rather than pre-allocation. Token release is executed via smart contracts, with a fixed daily release of 72,000 tokens, halving every four years. The price of X is not preset and has no guidance range; it is determined by market trading.