Pixelverse, the developer behind the popular Telegram game PixelTap, is set to launch its PIXFI token on The Open Network (TON) on Thursday, July 18. The announcement came via a tweet, highlighting that major centralized exchanges will list the token at 12pm UTC.
Quick Take
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PIXFI token to be launched on The Open Network (TON) on July 18.
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Major centralized exchanges to list PIXFI at 12pm UTC.
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PixelTap attracts 50 million players in June, boosting Pixelverse's popularity.
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Pixelverse raises $7.5 million in supplemental funding.
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Telegram-based games like PixelTap and Hamster Kombat lead the tap-to-earn trend.
Pixelverse Announces PIXFI Token Launch on TON
Source: Pixelverse on Telegram
The PIXFI token launch marks a significant milestone for Pixelverse as it capitalizes on the growing demand for Telegram-based games. Following the success of Notcoin, which attracted 35 million players and became the year's largest gaming token launch in May, Pixelverse has emerged as a key player in this space. In June alone, Pixelverse reported 50 million new players joining PixelTap.
With a total supply of 5 billion tokens, PIXFI will play a central role in the Pixelverse ecosystem, facilitating trading, crafting, and battling within the game. The token will act as the game's gas token, essential for various in-game transactions.
Pixelverse Raises $7.5 Million in Funding
Source: Pixelverse on Telegram
Pixelverse's rapid growth and strong community support have attracted significant investment. The company raised $2 million in supplemental funding last week according to a report on CoinSpeaker, following a $5.5 million raise in June. Investors include Galaxy Interactive, Delphi Digital, Merit Circle, and other notable crypto investors.
Is There a $PIXFI Airdrop?
The announcement has also sparked speculation about potential airdrops for PIXFI token holders. While Leon did not provide specific details, he mentioned that the goal is to encourage extended rewards and incentives rather than a one-time distribution.
"This positions Pixelverse more as a play-to-earn game, using tapping mechanics in PixelTap to grow their audience and build their community before expanding their game," Leon explained. "Players will be able to claim and receive PIXFI tokens and in-game assets, but the exact details of how this will work are still unknown."
Read more: Pixelverse (PixelTap) Airdrop: All You Need to Know
Get Ready for the $PIXFI Token Launch
As the highly anticipated launch of the PIXFI token on The Open Network (TON) approaches, PixelTap players have several ways to prepare and maximize their potential rewards. Here’s how you can prepare for this significant event in the Pixelverse ecosystem.
1. Earn more Free Coins in the Clicker Game
Engage actively in PixelTap to increase your chances of earning PIXFI tokens through the upcoming airdrop. Here are some activities to focus on:
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Fight Feature: Participate in PvP battles, as higher performance can lead to a greater share of the token supply.
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Daily Tasks and Quests: Complete daily tasks and quests to accumulate points and enhance your ranking within the game.
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Referral Program: Invite friends to join PixelTap, which not only expands the community but also rewards you with additional points.
Read more: PixelTap Daily Combo for July 17: PIXFI Token to Launch on July 18
2. Connect Your Wallet to the PixelTap Dashboard
Linking your wallet to the PixelTap dashboard is essential for securely managing your in-game earnings and participating in the PIXFI token economy. Follow these steps to connect your wallet:
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Log in to the Dashboard: Access the PixelTap dashboard through the provided link.
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Select Your Wallet: Choose from supported TON wallets, with Tonkeeper being a recommended option for its security features.
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Connect to MetaMask: Log in to Tonkeeper and follow the prompts to connect.
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Complete Registration: Verify your email and complete the registration process.
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Confirm Connection: Ensure your wallet address is displayed on the dashboard.
3. Stay Updated on Airdrop Details
Keep an eye on official Pixelverse channels for the latest updates on airdrop tasks and token distribution events. Join the Pixelverse Telegram channel or follow their Twitter account to receive timely information and announcements.
4. Engage with the Pixelverse Community
Pixelverse places a strong emphasis on community engagement. Participating in community activities and contributing to discussions can enhance your visibility and reward opportunities. The Play-to-Airdrop campaign, for instance, rewards players for various in-game activities such as team battles, bot maintenance, and trading.
5. Prepare for the PIXFI Token Launch
As the launch date approaches, ensure that you are familiar with the use cases of PIXFI within the Pixelverse ecosystem. The token will be integral for trading, crafting, and battling, making it a crucial asset for active players. Additionally, PIXFI will act as the main transaction token within Pixelverse, enhancing the overall gaming experience.
Why Are Telegram-Based Games Gaining Popularity?
Telegram-based games have seen a surge in popularity, with titles like Hamster Kombat and TapSwap gaining traction. Hamster Kombat, for instance, has announced plans to launch its token on TON but has yet to set a date. TapSwap, another popular game, has postponed its token launch to Q3 2024.
Pixelverse aims to differentiate itself by launching its token sooner. Co-founder Kori Leon emphasized the company's strategy, saying, "Pixelverse, with its token PIXFI, is the first to launch in the Telegram ecosystem since Notcoin. This launch coincides with a market showing signs of recovery."
The Rise of Tap-to-Earn Games
PixelTap is part of a broader trend of tap-to-earn games on Telegram, which have successfully onboarded millions of users into the crypto space. These games, characterized by simple mechanics and potential for financial rewards, have captivated the gaming community.
Notcoin, the pioneer of this trend, achieved a market capitalization of $1.7 billion within two months of its launch and touched an all-time high of $0.2896 within a month of launch. Following its success, other games like Hamster Kombat and Musk Empire have gained significant followings.
NOT/USDT price | Source: KuCoin
Hamster Kombat, for instance, allows players to control a hamster CEO of a fictional crypto exchange, earning in-game currency by tapping their screens. Telegram co-founder Pavel Durov highlighted the game's popularity, which has over 250 million players at the time of writing, though the actual number of real users versus bots remains debated.
Conclusion
Pixelverse's PIXFI token launch is eagerly anticipated by the gaming and crypto communities. With its innovative approach to tap-to-earn mechanics and strong community backing, Pixelverse is poised to make a significant impact on the TON ecosystem. As gamers and investors alike await the launch, the future of Telegram-based games looks promising, with Pixelverse leading the charge. However, it is important to remember that investing in cryptocurrencies carries risks, including market volatility and potential loss of investment. Always conduct thorough research and consider your risk tolerance before participating.
