Pixelverse has airdropped 10% of PIXFI’s total supply to holders of its Rare, Epic, and
Legendary non-fungible token (NFT) collections. Some few weeks ago, Pixelverse, an NFT and
gaming platform on The Open Network, launched its native token, PIXFI, through a highly
anticipated airdrop. This event featured a unique distribution designed to reward dedicated
players and encourage long-term engagement.
PIXFI Token Launch and Early Price Surge
The PIXFI token debuted on July 18th, sparking a wave of excitement in the Pixelverse
community. The token’s value surged in the initial hours, with some sources reporting a nearly
50% increase. Although price trackers differ slightly due to volatility, the token had an
approximate 200% rise since launch.
According to CoinMarketCap, The Open Network (TON) token traded up almost 50% in the first
hours after listing, reaching a fully diluted market capitalization of approximately $200 million
before pulling back later in the day.
According to a tweet on X, the PIXFI token is now listed on several centralized exchanges,
including Bybit, HTX, Gate, Bitget, and MEXC.
Airdrop Rewards Loyal Users
In a refreshing twist on traditional airdrops, Pixelverse has implemented a system that prioritizes
engaged participants. Players who have reached certain levels in PixelTap and users of the
Pixelverse dashboard with Rare, Epic, or Legendary NFTs are eligible to claim a portion of the
airdropped PIXFI tokens. Immediate withdrawal incurs a 90% penalty, encouraging long-term
holding. Players can earn a larger share by continuing to play PixelTap and engage with the
Pixelverse ecosystem. This innovative approach aims to combat the “sell-off” phenomenon often
plaguing airdrops and fosters a more sustainable token economy.
Pixelverse airdropped 10% of PIXFI’s total supply to holders of its Rare, Epic, and Legendary
NFT collections, according to a post by Pixelverse on the X platform. The project will distribute
another 20% of its tokens to Pixelverse and Pixelchain users over time.
Pixelverse's airdrop was strategically designed to avoid the sharp selloffs that often follow free
token distributions. Airdropped tokens are automatically "staked" for additional rewards, with
immediate withdrawals incurring a 90% penalty, as announced by Pixelverse on X.
In its airdrop documentation, Pixelverse noted that although early airdrops were initially seen as
a way to reward genuine users and were well-received by the community, they have since been
exploited by industrious users through farming and Sybil attacks. These practices usually lead to
community backlash and adverse price movements for the tokens.
Pixelverse and PixelTap
Pixelverse is the project behind the hit Telegram game PixelTap, a cyberpunk-themed minigame
that reportedly attracted 50 million new users in June alone. It operates on TON, a layer-1
blockchain initially developed by the team behind the Telegram messaging app and now
managed by the TON Foundation.
PixelTap, along with other Web3 gaming successes like Hamster Kombat, pioneered the "Tap-
to-Earn" social gaming trend, rewarding players for consistent engagement. Gamers adopt in-
game characters modeled after iconic memes, such as Doge from the Dogecoin memecoin,
engaging in over 10 million battles daily, according to Pixelverse.
Final Words
PixelVerse launched its native token. The price of this PIXFI token was almost 50%raise.
Frequently Asked Questions
What is Pixelverse Crypto?
Pixelverse is a popular Telegram-based crypto game that lets players earn $PIXFI tokens after
participating in quests and combat.
How can I Earn in PIXEL Verse?
You can earn in PIXEL Verse by participating in quests and battles. Daily activities and
challenges offer additional points and bonuses.
Is PIXFI Token a good buy?
PIXEL has some potential as it has multiple uses. PIXEL has a limited and deflationary supply,
potentially increasing its scarcity and value over time.
Where can I Buy a PIXFI Token?
You can buy PIXFI tokens on decentralized exchanges.
Where is the PIXEL Token Listed?
PIXFI Token is listed on exchanges such as Bitget, HTX, Gate.io
Is PIXFI Token listed on Binance?
No, the PIXFI token is not listed on Binance.
Is PIXEL Coin a Good Investment?
It is still hard to tell.
