Pixels PricePIXEL

What is Pixels (PIXEL)?

Pixels (PIXEL) is a social casual web3 game powered by the Ronin Network. It is described as a mesmerizing open-world game that revolves around farming, exploration, and creation. Players farm land, build skills, and craft items within a blockchain-backed environment that blends digital collectibles and in-game currencies. The project transitioned from Polygon to Ronin, leveraging blockchain infrastructure to deliver a seamless gaming experience. PIXEL operates on both the Ethereum and Ronin blockchains, showcasing versatility across ecosystems. The token was introduced through the Binance Launchpool as the 46th project, where users could stake BNB and FDUSD to farm PIXEL tokens. With a maximum supply of 5,000,000,000 PIXEL, the project is positioned as a notable entity in blockchain gaming, emphasizing player ownership, trade, and community interaction.

Key Specifications & Tokenomics

• Name: Pixels
• Ticker / Symbol: PIXEL
• Blockchains / Platforms: Ethereum, Ronin Network
• Launch Date: Jan. 11, 2024
• Total Supply: 5,000,000,000 PIXEL
• Max Supply: 5,000,000,000 PIXEL
• Initial Circulating Supply: 771,041,667 PIXEL (15.42% of max supply)
• Category: Gaming, Collectibles & NFTs, Governance
• Official Website: https://www.pixels.xyz/
• Whitepaper: https://whitepaper.pixels.xyz/
• Explorers: etherscan.io
• CertiK Rating: 4.5

Who created Pixels (PIXEL)?

Pixels was launched by a team led by Luke Barwikowski, the founder of pixels.xyz. Barwikowski has a background in software development, blockchain, and computer science, having studied Economics and Computer Science. He is described as a technical-leaning generalist and has been working on Pixels since April 2020. The project also includes co-founders Alexander Moyer and Ashwin Kumar. The team comprises individuals with a range of skills and experiences, indicating a collaborative effort in the development and launch of Pixels. Investor-related names associated with the project include Udi Wertheimer, Andrew Kang, Alex Svanevik, Arthur, and Vance Spencer.

How does Pixels (PIXEL) work?

Pixels operates as a blockchain-based gaming platform where players engage in farming, exploration, and creation. The game integrates with the Ronin Network to ensure efficient and seamless gameplay, while PIXEL tokens fuel the in-game economy. Players can farm land, build skills, and craft items, with digital collectibles and in-game currencies forming the core of the ecosystem. The platform supports a community-driven environment emphasizing player ownership and trade. PIXEL operates on both Ethereum and Ronin blockchains, utilizing blockchain as a secure database technology. The game offers an interactive platform where users engage through Ronin wallets, and the ecosystem includes features like Guilds and a VIP membership program with VIP Battle Passes.

What makes Pixels (PIXEL) unique and valuable?

Pixels distinguishes itself through its integration with the Ronin Network, which ensures a seamless and efficient gaming experience. The project leads in daily active users and revenue, according to its vision statement, and emphasizes true play-to-earn powered by community. Key pillars include AI, transparency, and sustainability. Inspired by retro pixel games, the founder's goal is to create a 2.5HD pixel style game that merges an immersive story with mechanics from favorite retro pixel games. The ecosystem offers a unique blend of digital collectibles and in-game currencies, fostering a vibrant and active community. PIXEL tokens enable players to monetize achievements and access exclusive content, creating a comprehensive ecosystem where players earn real-world value from in-game accomplishments.

What is Pixels (PIXEL) used for?

PIXEL is the native utility and governance token in the Pixels ecosystem. It functions as an in-game currency and is used for all future NFT mints from Pixels. Users can purchase VIP Battle Passes in PIXEL, granting access to exclusive areas and perks through the Pixels VIP membership program. The token also enables users to join Guilds, a new social-fi feature fostering community and collaboration. Premium in-game features and cosmetic enhancements are sold in PIXEL as quality-of-life upgrades. Eventually, PIXEL will be used to govern a community treasury, giving players a voice in the future development and direction of the game, ensuring the community remains at the core of Pixels' evolution.

How Is the Pixels (PIXEL) ecosystem developing?

The Pixels ecosystem is developing around a social casual web3 game on the Ronin Network that revolves around farming, exploration, and creation. The game has transitioned from Polygon to Ronin, enhancing its blockchain infrastructure. The ecosystem includes digital collectibles, in-game currencies, and social-fi features like Guilds. A VIP membership program with VIP Battle Passes provides exclusive content and perks. PIXEL tokens fuel the game's economy, empower players to monetize achievements, and serve as a gateway to exclusive content. Ownership of PIXEL tokens provides players with in-game currency utility, access to exclusive content, and a voice in community governance. The project has reached 500k daily active users and continues to lead in DAU and revenue within the Web3 gaming space.

How to mine Pixels (PIXEL)?

PIXEL is not mined through traditional proof-of-work mechanisms. Instead, the token was introduced through the Binance Launchpool, where users could stake BNB and FDUSD to farm PIXEL tokens over a specified period. This farming mechanism allowed participants to earn PIXEL by locking up supported assets. The initial circulating supply of 771,041,667 PIXEL, representing 15.42% of the max token supply, was distributed via Launchpool. There is no public information indicating a mining algorithm for PIXEL, as the token operates on Ethereum and Ronin blockchains and is primarily distributed through staking and farming events rather than computational mining.

How to keep your Pixels (PIXEL) Coin safe?

Keeping PIXEL tokens safe involves using secure wallets compatible with Ethereum and the Ronin Network. Since PIXEL operates on both blockchains, ensure your wallet supports the respective network before transferring tokens. Store private keys and seed phrases offline in a secure location, and never share them with anyone. Consider using hardware wallets for long-term storage of significant holdings. Enable two-factor authentication on any exchange accounts used to trade PIXEL. Be cautious of phishing attempts and only interact with official Pixels platforms and verified contract addresses. Regularly update wallet software and review transaction details before confirming any transfers. Cryptocurrency prices, including Pixels, can be highly volatile, so remain vigilant about market risks.

How to buy Pixels (PIXEL) Coin?

PIXEL is a cryptocurrency that may be listed on select exchanges. For a secure and liquid trading experience, using a major regulated platform like BTCC is recommended.

Register a BTCC Account: Sign up using your email or mobile number and complete the KYC verification to unlock more features and benefits of the platform.

Deposit Funds: Deposit fiat currency via bank transfer, card, or third-party payment, or transfer USDT from an external wallet into your BTCC account.

Start Trading: Go to the trading page and search for the spot trading pair PIXEL/USDT or the perpetual contract PIXELUSDT.

Place an Order: Enter the amount of PIXEL you wish to purchase and submit the order. For contract trading, you can also choose to go short and adjust the leverage multiplier according to your strategy and risk tolerance.

Confirm Your Purchase: For spot purchases, check your personal account to see if the coins have arrived. For contract trades, check the trading page to see if your order was filled successfully.