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Reading: Pixelverse to Launch PIXFI Token on TON Community – The Defiant
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NFTs

Pixelverse to Launch PIXFI Token on TON Community – The Defiant

Editorial Board
Editorial Board Published July 16, 2024
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Pixelverse reported 50 million new gamers in June for PixelTap on Telegram.

Cyberpunk-themed sport Pixelverse is set to launch its PIXFI token on The Open Community (TON), with listings on centralized exchanges beginning at 8 a.m. EST on Thursday.

The launch comes after Pixelverse’s Telegram-based sport, PixelTap, reported 50 million new gamers in June.

The PIXFI token will play a central function within the Pixelverse ecosystem. With a complete provide of 5 billion tokens, it will likely be used for buying and selling, crafting, and battling throughout the sport. In accordance with Pixelverse’s documentation, PIXFI will change into the primary token for transactions, appearing as the sport’s fuel token.

Final week, Pixelverse raised an extra $2 million, bringing its complete for the present funding spherical to $7.5 million. Traders embody web3 enterprise capital corporations like Galaxy Interactive, Crit Ventures, and Arc Neighborhood, in addition to angel traders like Alex Kruger, Luke Belmar and Mike Dudas.

PixelTap is a mix of clicker and fight gaming. Gamers earn in-game cash by quickly tapping components of their screens to assault opponents’ robots. These cash are then used to improve their robots for future battles. Gamers can even craft particular assaults and defend towards incoming assaults.

Telegram has change into a hotbed for crypto-enabled video games. Many of those video games supply in-game currencies and carry the promise of future airdrops on the TON blockchain.

Though Telegram itself is not formally concerned with TON as a result of authorized issues, the blockchain has soared in recognition. The TON token ranks among the many prime 10 cryptocurrencies by market capitalization, largely fueled by the gaming group on Telegram.

TON Price chart
TON Worth

In accordance with TON Stat, the TON community handles over 6 million transactions day by day and has about 5 million lively on-chain wallets month-to-month.

The Rise of Faucet-to-Earn

Notcoin began the development of tap-to-earn video games on Telegram, launching the yr’s largest gaming token in Might after attracting 35 million gamers. Inside two months of launch, Notcoin achieved a market capitalization of $1.6 billion.

Different video games have since adopted go well with. As an example, Hamster Kombat has gained consideration with its distinctive idea. On this sport, gamers management a hamster who’s the CEO of a fictional crypto change. By tapping their screens, customers can earn in-game forex and develop an earnings technique.

Telegram co-founder Pavel Durov stated on Telegram that Hamster Kombat has already amassed 236 million customers. Nevertheless, the variety of actual customers versus bots stays some extent of competition.

“Soon, Hamster’s team will mint its token on TON, introducing the benefits of blockchain to hundreds of millions of people,” he stated. “ A new era is coming, and we are witnessing its arrival in real time.”

TAGGED:DefiantLaunchNetworkPixelversePIXFITokenTON
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