Launch of PIXFI Pixelverse Token on TON Network

Bittime – Pixelverse, the renowned project behind the successful PixelTap game on Telegram, has just announced that they will be launching their newest token, PIXFI, on Thursday, July 18 on The Open Network (TON). 

The announcement was made via their official Twitter account, where it was stated that “major centralized exchanges” will start listing the token at 12 noon UTC. 

This launch marks a big step for Pixelverse in strengthening its position in the crypto-based gaming ecosystem.

PIXFI Token Launches

The launch of the PIXFI token comes amidst a significant surge in demand for Telegram-based games. 

Since the beginning of this year, Notcoin games have attracted 35 million players and launched the biggest game token of the year in May. 

This sparked great interest in other instant messaging based games. 

Pixelverse itself claims to have attracted 50 million new players in June alone, showing the huge potential in this market.

Uncertainty of Launching Tokens fro Other Games

Despite the increased interest, several other games on Telegram have yet to issue their tokens. Hamster Kombat, for example, has announced that it will launch its token on TON this month, but there is no exact date yet. 

Game creator TapSwap, which is similar to Notcoin, also said they would launch their token this quarter. 

Kori Leon, co-founder of Pixelverse, stated that they took a different approach by launching tokens faster to meet high market demand.

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Pixelverse Funding and Investor Support

Pixelverse announced last week that it had raised $7.5 million in additional funding from Galaxy and a number of other investors. 

This follows a $5.5 million fundraising announced in June, which saw participation from Delphi Digital, Merit Circle, and several other prominent investors. 

This funding will be used to accelerate the development and expansion of Pixelverse, including the integration of the PIXFI token in their gaming ecosystem.

Questions About the PIXFI Token Airdrop

One of the big questions that arises among players is whether they can expect a PIXFI token airdrop. 

Kori Leon didn't provide exact details on this, but stated that the main goal of the token is to encourage long-term rewards and incentives, rather than giving everything all at once to users. 

This aims to ensure the stability and growth of the gaming ecosystem in the long term.

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Leon added that Pixelverse seeks to redefine the concept of tap-to-earn rewards by not disclosing token allocations to users. 

Instead, they focus on giving away 30% of the total PIXFI supply for long-term gaming rewards. This will allow players to earn and claim tokens and in-game assets on an ongoing basis, supporting the growth of a more solid and dynamic community.

Potential Success of Crypto-Based Telegram Games

With a new wave of Telegram games on the rise, many are wondering if they can create on-chain hype like Notcoin did. 

Despite the big challenges ahead, PixelTap, the tap-to-earn game from Pixelverse, continues to gain popularity among Telegram users. 

This shows that, regardless of the financial results, Telegram mini games have managed to attract millions of new users into the crypto space in recent months.

With the launch of the PIXFI token fast approaching, all eyes are on Pixelverse to see if they can repeat the same success or even surpass it. 

Players and investors alike are eagerly awaiting the results of this new initiative, which could be a major milestone in the world of crypto-based gaming on Telegram.

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