TLDR
- Crypto gaming giant, Pixelverse, on The Open Network (TON), has proudly rolled out its own PIXFI token.
- Astoundingly, the token saw a jump of nearly 50% in its value soon after its market debut, before stabilizing.
- Pixelverse is generously distributing 30% of the total PIXFI tokens to its loyal community members.
- An initial airdrop of 10% was given to collectors of prestigious Rare, Epic, and Legendary NFT series.
- A future 20% allocation will gradually reach the hands of dedicated users within the Pixelverse and Pixelchain platforms.
- The airdrop employs a distinguished vesting apparatus, crafted to reward those who stick around for the future.
Pixelverse A promising player in the crypto gaming field, thriving on The Open Network (TON), has kicked off its PIXFI token with a strategic airdrop system that encourages enduring community connection.
On July 18, 2024, PIXFI made its grand entrance, spiking its price by almost 50% within hours of the launch, though it saw a decline later on.
✨ Distinctly Pixelverse: Loyalists Earn Recognition with PIXFI Token Airdrops
With an upcoming TGE and expansive airdrop, Pixelverse is setting new benchmarks in fairness, tailoring distribution for its community's long-term satisfaction.
Key Points
All users to… pic.twitter.com/v5TbxU43F1
— Pixelverse (@pixelverse_xyz) July 18, 2024
The PIXFI token, boasting a 5 billion maximum supply, has secured its place on prominent centralized exchanges like Bybit, HTX, Gate, Bitget, and MEXC.
According to CoinMarketCap data, the token momentarily achieved an impressive $200 million in full market capitalization shortly after its launch.
Innovative in its distribution method, the PIXFI launch uniquely schedules 30% of its token distribution to community patrons.
In the debut phase, 10% of the supply found its way to collectors of the premium Rare, Epic, and Legendary NFTs of Pixelverse.
The journey continues with an additional 20% earmarked for active participants leveraging Pixelverse and Pixelchain, Pixelverse's Layer 2 solution.
Eligibility for the airdrop required users to be signed up with PixelTap or the Pixelverse Dashboard before the cut-off on July 18, 2024, 00:00 UTC. From July 25, 12:00 UTC onward, there starts a seven-day window for participants to claim special NFTs, gatekeepers to varied airdrop tiers, where NFT rarity dictates PIXFI allocation.
In a bid to shun short-term selling and cultivate loyalty, Pixelverse initializes a robust token vesting framework: users can instantly tap into 10% of their dropped tokens, while engaging with Pixelverse's universe is essential to unlock the remaining 90%.
Much like the popular 'battle pass' in traditional gaming spaces, this setup gradually rewards enthusiastic users with more PIXFI tokens. Pixelverse detailed in its airdrop materials, 'Your deeper dive into Pixelverse unlocks more PIXFI for you.'
Aiming to mend flaws seen in older airdrops where tokens faced quick sell-offs and valuation dips, this strategy fosters continuous user involvement.
Pixelverse envisions cultivating a thriving, engaged crowd around PIXFI tokens and the Pixelchain network by fostering sustained interaction.
Much of Pixelverse's acclaim stems from its captivating Telegram game, PixelTap, a cyberpunk-styled mini-game, drawing in a remarkable 50 million users during June alone.
This game is part of the budding 'Tap-to-Earn' gaming approach, which compensates players for consistent gameplay.
Moving forward, Pixelverse is gearing up to deploy Pixelchain, a layer-2 network over TON featuring Ethereum Virtual Machine (EVM) compatibility.
Slated for a testnet launch next week, Pixelchain stands as the pioneering EVM chain on TON, set to enhance the Pixelverse ecosystem and broaden PIXFI's potential uses.
