The core team of Express consists of four members with cross-domain expertise in technology, blockchain, marketing, product design, and game development.
Khoai Wong is serving as the CEO for Express. He has been a blockchain lover with 5 years of experience in this industry.
Thien Von Quoc is serving as a CTO for Xpress. He has seven years of experience in the IT industry and has expertise in creating logical and creative solutions.
Khoai, CEO and co-founder, is an entrepreneur and investor who has been working in the field of trading for over 5 years.
Thien, CTO and co-founder, visionary, an expert in the field of IT who also got a specialization in the field of gamification and game design.
Express is all set to conduct their IDO on Xerpool.
Express has clearly defined their future goals and well stated their attainments. For Q1 2022 and Q2 2022, they have plans to release the game version 1.0 and the PvP system. They plan to improve their UI/UX design along with the animation. Down the lane, multi-chain NFT interoperability and VR integration are what they have planned for.
Overall, they have a good technical team backed by strong advisors and investors. Hence, we believe they are likely to reach their milestones within the stated timeline.
Express has a good social media presence across various platforms including Telegram, Twitter, Reddit, YouTube and others.
Express is very new to the market and is steadily creating its social media presence across various platforms like Twitter, Telegram, and Medium in the market.
Their Telegram followers' count stands 35.5k(as of the date 26th Dec 2021) which is good and the Twitter followers' count stands at 35.1k(as of 26th Dec 2021). With the fact that they came into the market in Sept'21, Express has done its marketing well.
They are focusing on marketing activities to market their project and attract the community.
We have identified 2 close competitors - (1) Mystic ($MXYY) and (2) Gaurdians ($GAUD). As observed, the gaming sector has performed well and has yielded greater returns as compared to the average market returns. This sector has seen a tremendous rise in the number of players, hence increasing the competition. We believe the company will compete well in the market and offer steady returns.
The token for Express is wisely allocated. The majority of the token is allocated to Team & advissors and Community & Marketing, i.e. 21.5% and 20% respectively vested over 60 months. The Advisor's allocation, i.e. 20%, is vested over 24 months which is good as per the industry standards. The Play to Earn reward is allocated with 20%, which vesting starts after game launch. Overall, the token allocation and vesting schedule is pretty decent.
Token Details | ||
Holding | Percentage | Months |
---|---|---|
Public Sale | 2.5% | 7 |
Private Sale | 9.0% | 12 |
Partnership/Seed | 3.5% | 12 |
Team & advisors | 20.0% | 24 |
Team | 20% | 22 |
Staking Reward | 10.0% | 60 |
Community & Marketing | 21.5% | 60 |
Reserves | 11.5% | 60 |
Play to Earn reward | 20.0% | 60 |
DEX liquidity | 2.0% | 1 |