Overview on $PIXEL and why I’m so bullish.
🟢Pixel is a web3 gamefi which uses the play -to-earn approach, you earn $PIXEL by competing task and interacting with the game.
🟢Funny how $pixel took the initiative to move to $RONIN . And it’s been their best decision so far. Ronin is an evm compactible blockchain specifically designed for web3 gaming. Ronin is backed by SKY MAVIS, creators of the leading gaming Nft project with a market cap of over $1B (AXIE INFINITY) and current valued at $3.3.
🟢PIXEL, taking the platform and aiming to be the frointer of web3 gaming. who on the first day of launch had a market cap as of when writing this $708m and it’s not 24hrs yet.
Pixel is totally independent of Ronin so all you need to focus on is $PIXEL
They have a beautiful deflationary system that makes pixel increase and hold its value, in which everything in-game is focused around earning $pixel visit: pixel.xyz if you want to know more on their tokenomics, PS a must read.
🟢Pixel launched with a total supply of 5B $pixel, The team has only unclocked 15% 771m of pixel now in circulation with 5% (250m)allocated for airdrops on the day of TGE
34% 1.7B has been allocated for the ecosystem development and rewards which will be uncooked gradually over 5years.
