Round | Amount | Valuation | Date | Investors |
---|---|---|---|---|
Strategic | $5M | $45M | Feb 08, 2024 | |
Seed | $3M | -- | Feb 11, 2022 |
The Pixels project, known as PIXEL, is a social Web3 game that has garnered attention within the cryptocurrency and gaming communities. Launched as the 46th project on Binance's Launchpool, PIXEL operates on the Ronin Network, a blockchain developed by Sky Mavis, the creators of Axie Infinity. This transition from the Polygon blockchain to Ronin has significantly boosted its user base, with the game now boasting over 100,000 daily players.
PIXEL serves as both a utility and governance token within the Pixels ecosystem, enabling a range of functions from NFT minting and VIP membership to guild participation and governance of the community treasury. The project emphasizes player ownership of in-game items and assets, leveraging Web3 technology to create a competitive and decentralized gaming experience. The Pixels game includes complex mechanics such as resource gathering, progression, upgrading, and Player-to-Environment economics, providing a dynamic and engaging experience for players.
Overall, Pixels stands out in the Web3 gaming space with its unique approach to integrating blockchain technology into its gameplay, fostering a vibrant community, and emphasizing player ownership and governance. The transition to the Ronin blockchain and the substantial support from Binance's Launchpool signify the project's strong market presence and potential for future growth.