It is quite rare for a game to begin as a farming simulation game and aspire to revolutionize the whole web3 game industry. But that is what the Pixels project seeks to do. It started out as a fun and laidback game in which players engage in such activities as cultivating crops, chopping wood, and decorating their land. Now it stands among the biggest and boldest projects within blockchain games, and the coin that makes it possible
$PIXEL lies at its very core.
@Pixels emerged in November 2021. It takes its cues from popular games such as Stardew Valley and Runescape, mixing elements of farming and resource harvesting within the engaging environment of the retro 16-bit universe. Initially, Pixels was straightforward and easy to understand. Anyone could become part of this community without any charge and begin farming in publicly owned land, developing their expertise along the way. There were no complex game dynamics to get acquainted with either.Pixels has been growing exponentially since its migration to Ronin in late 2023. With its friendly environment and easy-to-use interface, Pixels was able to gather a base of over one million daily active users within just six months.This number alone has already made great news in an industry that struggles to gather even a handful of thousand active users over an extended period of time. The main secret behind Pixels' success was remembering that Web3 games should be enjoyable as well.However, building a large player base alone is one thing; establishing something that will survive the test of time is quite another. And that is precisely what the development team at Pixels had in mind, which is why they decided to go above and beyond. They sought not just to be a farming game but an ecosystem where several games can be built and thrive under the same roof, linked by the token.
$PIXEL is the native token used in the Pixels system to enable users to mint NFTs, access premium in-game features, purchase VIP membership subscriptions, and even join Guilds. But the development team at Pixels has greater plans for
$PIXEL than just being a payment currency for one particular game.
A significant stride towards achieving the goal was made when staking was initiated. The staking protocol enables gamers to back their preferred games and receive rewards based on the performance of the game itself. In the future, additional games will be included, including those operating outside the Ronin chain, with the proportion of each game’s contribution to the reward pool determined by the amount of
$PIXEL staked to them. A significant stride towards achieving the goal was made when
$PIXEL staking was initiated. The staking protocol enables gamers to back their preferred games and receive rewards based on the performance of the game itself. In the future, additional games will be included, including those operating outside the Ronin chain, with the proportion of each game’s contribution to the reward pool determined by the amount of
$PIXEL staked to them.This goes beyond the concept of staking alone. It provides an element of voting power. Whenever you stake your
$PIXEL tokens, you are betting on the success of a particular game. The more popular the game is, the greater the amount of earnings you make. If the game fails, you lose out on earnings. The community thus determines whether a game thrives or dies.
Rollouts in future phases are intended to increase rewards based on the level of participation. With every phase, players who have staked more of in a game receive more in rewards. Eventually, once all games within an ecosystem achieve the required activity level, all can become part of the ecosystem.
There has been a good response from the community regarding this move by Pixels. Less than a month after officially introducing the staking mechanism in the Pixels ecosystem, the platform surpassed the important milestone of staking over 100 million
$PIXEL tokens. Over five million tokens have been rewarded to the players as part of this process.Currently, games such as Forgotten Runiverse and Sleepagotchi have also joined the ecosystem.In order to make the token more functional within the expanding system, the company introduced a second token named $vPIXEL. While remains 1:1 collateralized by the
$PIXEL token and cannot be sold, players may also withdraw their tokens free of charge and use them in other game systems, increasing the number of places where one may earn and spend these tokens.This provides users with a choice: circulate the token within the network for no charges or take the money out paying a small fee.Pixels’ uniqueness compared to other Web3 game projects is based on its future-oriented vision.
Through transformation from one farming game to the entire platform hosting several games, Pixels is looking to address the sustainability problem which became the downfall for many Web3 games earlier.This isn’t about making money fast or riding waves of hype. It’s about making something gamers will enjoy, something worth returning to. And Pixels Token will become more and more valuable with every game and every player added to the ecosystem.
The farm was only the beginning.
#pixel #PixelGame #stacked #RoninNetwork #creatorpad