Binance’s latest Launchpool: Full analysis of blockchain game Pixels and online price estimate

Source: BITWU.ETH

Editor's note: On February 8th, Binance announced the 46th new coin mining project, Pixels, which allows users to invest BNB and FDUSD into the PIXEL mining pool on the Launchpad website to receive PIXEL rewards starting from 8:00 on February 9th, 2024 (GMT+8). PIXEL can be mined for a total of 10 days. Later, Pixels announced a strategic financing of $4.8 million, with participation from multiple well-known capital firms. Cryptocurrency KOL BITWU provided a detailed introduction to the Launchpool project Pixels and made an estimate of its launch price based on on-chain data monitoring account AI Auntie. The following is a summary by BlockBeats:

Pixels is a free Web3 farming game; Binance has launched a large number of Gamefi projects this year, which to some extent indicates that there will be a place for games in the trend of the new bull market; Mavia Game, which I have been following for a while, has also been invested by Binance and is currently rising like a bulldozer.

This mining activity lasted for a total of 10 days. You can obtain the token Pixels (PIXEL) for free by using BNB or FDUSD. I staked my tokens from the first day and currently have obtained 2017 tokens.

This article mainly analyzes through research on relevant tracks and projects:

1. What is Pixels exactly?

2. Pixels token model?

3. What is the estimated return? Is it worth borrowing coins to mine?

4. What is the estimated price for going online, and how do I operate it?

5、Binance Research Report

One, what is Pixels?

Pixels is a P2E-focused Web3 farming game.

First of all, the game is free. It allows players to engage in familiar agricultural activities such as resource planting, food preparation, and commodity trading. Players also have the unique opportunity to own and develop individual farmland plots.

Secondly, the game recreates the atmosphere of classic 16-bit role-playing adventures, allowing players to navigate in a pixel art world, interact with each other, cultivate land, play mini-games, and earn token rewards.

Additionally, it allows holders of selected NFT profile picture (PFP) collectibles to use their owned avatars in the game, adding to the fun of the game.

The following content is from: @BlockBeatsAsia

Original article: "Pixels Two-Year Anniversary: Carrying the Metaverse Pixel Wind Farm Chain Game of Ronin Ecology"

A P2E game requires a mature team to ensure stable operation. The Pixels team's vision can be understood from three aspects: game fun, interoperability, and decentralization.

Regarding the fun of the game, Pixels' design allows all types of users to experience the joy of gaming. Community KOL @0xPixelPenguin believes that Pixels' rich gameplay and ecosystem can meet the needs of different groups of people. Professional players can choose to spend money to decorate their Land NFT and earn land taxes by letting other players plant on their land; ordinary players can "work" for professional players to earn wages. In addition, players can participate in periodic activities led by the team (such as Thanksgiving turkeys, Easter eggs, etc.) to receive rewards.

Regarding interoperability, Pixels leverages the unique advantage of blockchain games - Pixels has implemented the first NFT integration, allowing users to connect their Metamask wallet and roam their NFTs in the Pixels world. According to the Pixels team, more than 50 NFT collections have been integrated so far. "In our view, these discussions about the metaverse refer to a mesh of interrelated adventures, games, and spaces where your digital identity can flow."

In terms of decentralization, Pixels adopts a product-first approach to gradually achieve decentralization. Early decentralization mainly focused on owning game items on the chain, but many game mechanisms are executed on the server side, which can speed up development and shorten response time, thus providing players with a better gaming experience. In the future, the actual implementation of these mechanisms can be migrated to the chain and contracts.

In February 2022, Pixels completed a $2.4 million seed round of financing led by Animoca Brands and PKO Investments, with participation from OpenSea and others.

Recently, Pixels has taken a strategic move to migrate from Polygon to Sky Mavis' Ronin network. The popularity of Pixels on the Ronin network has sharply increased, with over 1.5 million on-chain transactions per month. Such high activity proves the game's attractiveness and its ability to attract a large user base.

二、Pixels Token Model

PIXEL is the native utility and governance token in the Pixels ecosystem, used for the following functions:

Game currency:

NFT Minting: All NFTs minted from Pixels in the future will exist in the form of PIXEL.

VIP membership: Users will be able to purchase VIP Battle Pass with PIXEL.

Guild: Users will be able to use PIXEL to join new social network features (guilds).

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