What Did the Massive Blockchain Game xPET Do Right as Token Prices Soar?
The second benefit is to prolong the time users hold the tokens. Although there are external trading pairs (such as Uniswap) that allow users to quickly cash out XPET and BPET, the game is set with a custodial wallet, which means users need to transfer the tokens to an external address or go through a two-step verification process to obtain the private key and log into another wallet in order to quickly liquidate on the external market. This relatively extends the lifespan of the Ponzi economy.