Metaverse is opening a new era for the internet, where users can interact, create and connect in a virtual world full of potential. Pixels (PIXEL) has emerged as an ambitious project, building a 3D metaverse owned entirely by the community, where users can freely express themselves, connect with friends and explore new experiences. So what is Pixels (PIXEL)? Let's explore the details of this metaverse project with BLOGTIENAO in the article below.

What is Pixels (PIXEL)?

Pixels is a decentralized 3D metaverse built on the Ethereum blockchain. Pixels allows users to own virtual land (LAND), build structures, create items and experiences, and participate in the governance and development of the metaverse.Hình ảnh về Pixels metaverse showcasing usergenerated content and avatars

What is PIXELs

Pixels is uniquely community-focused. Every user can contribute to the building and development of the metaverse, from creating content to participating in governance. Pixels aims to create an open virtual world where users have complete control and creative freedom.

Why do Pixels attract attention?

Pixels attracts the attention of the community thanks to the following outstanding factors:

  • Community Owned: Pixels are owned and governed by the user community, ensuring decentralization and democracy.

  • Creative Freedom: Users can freely create content and experiences in Pixels, from building structures to designing games.

  • Interactivity: Pixels allow users to interact with each other, connect with friends, and participate in community activities.

  • Growth Potential: Pixels has strong growth potential in the future as the metaverse becomes more popular.

  • Cutting-edge technology: Pixels uses cutting-edge technologies like WebXR and WebGL to deliver a smooth and immersive 3D experience.

Main Components of Pixels

  • LAND: Virtual land in Pixels, represented by NFTs. Users can purchase LAND to build structures and create experiences.

  • ITEM: Digital items in Pixels, also represented by NFTs. ITEMs can be anything from clothing and accessories to tools and weapons.

  • Avatar: A digital representation of a user in Pixels. Users can customize their Avatar with clothing, accessories, and other items.

  • Builder: A tool that allows users to build structures and create interactive experiences on their LAND.

  • Marketplace: Where users can buy and sell LAND, ITEMS and other digital items.

PIXEL Tokenomics

PIXEL is the governance token of the Pixels metaverse. PIXEL is an ERC-20 token used for activities within the Pixels ecosystem, including:

  • Governance: PIXEL holders have voting rights on governance proposals and development direction of Pixels.

  • Staking: Users can stake PIXEL to receive rewards and participate in securing the network.

  • Payments: PIXEL can be used to pay for services and experiences within Pixels.

  • Total Supply: 10 Billion PIXELS

  • Allocation:

    • Community: 50% (including airdrop, liquidity mining, reward program)

    • Founding Team: 20%

    • Quỹ Foundation: 15%

    • Advisor: 5%

    • Investor: 10%

Founding Team

Pixels is developed by a team of anonymous developers with experience in blockchain, gaming and technology.

Development history and notable events

  • August 2022: Pixels launches alpha version.

  • October 2022: Pixels conducts PIXEL token sale on DAO Maker.

  • December 2022: Pixels launches Marketplace.

  • March 2023: Pixels reaches 10,000 monthly active users.

  • June 2023: Pixels integrates with MetaMask wallet.

  • September 2024: Pixels launches beta with many new features, including VR/AR support.

  • December 2024: Pixels continues to grow strongly, attracting a large user community and becoming one of the leading metaverse projects.

Advantages and Disadvantages of Pixels

Advantage:

  • Community Owned: Ensuring Decentralization and Democracy.

  • Creative freedom: Users can freely create content and experiences.

  • Interactivity: Connect and interact with other users in the virtual world.

  • Growth Potential: Has strong growth potential in the future.

  • Advanced Technology: Delivers smooth and vivid 3D experience.

Disadvantages:

  • Competition from other metaverse projects: Faces competition from other metaverse projects like The Sandbox and Decentraland.

  • Dependent on Ethereum: High gas fees and slow transaction speeds on Ethereum can affect user experience.

  • Security Risk: Although Pixels has implemented security measures, there is still a risk of being hacked.

Where to invest and buy PIXEL tokens?

You can buy $PIXEL tokens on cryptocurrency exchanges such as:

  • Centralized Exchanges (CEX): Binance, Gate.io, MEXC, BKEX

  • Decentralized Exchange (DEX): Uniswap

Note: The cryptocurrency market is highly volatile. Please research the project thoroughly and consider carefully before investing.

Source: BLOGTIENAO - @Blog Tiền Ảo