Pixels is a social casual web3 game powered by the Ronin Network, It involves an open world game that revolves around farming, exploration, and creation and the PIXEL is the native utility and governance token in the Pixels ecosystem, and used in the following functions:
NFT Minting: All future NFT mints from Pixels will be in PIXEL
VIP Membership: Users will be able to purchase VIP Battle Passes in PIXEL
Guilds: Users will be able to join a new social fi feature by using PIXEL
Quality of Life Upgrades: Premium in game features will be sold in PIXEL
Governance: PIXEL will eventually be used to govern a community treasury
The price is $0.61 with a 24hour trading volume of 225 million dollar. Pixels is up 20% in the last 24 hours and the market cap of 467 million dollar
Last September, Pixel announced its migration from Polygon to Sky Mavis’ Ronin Web3 gaming blockchain, citing the latter’s dedicated gaming user base. Pixels is a laid-back adventure game where one can farm, explore, own land, and flex nonfungible tokens within the community.
speaking of NFTs according to Pixel Founder, the pet mint will be held on Monday or Tuesday
After a devastating hack in 2022, the Ronin blockchain has made a comeback this year with its token value reclaiming pre hack highs.