Pixelverse, the team behind the popular Telegram game PixelTap, recently announced the launch of its token, PIXFI, on The Open Network (TON). The token is set to be listed on major centralized exchanges on July 18 at 12pm UTC. This announcement comes at a time when there is a growing interest in Telegram-based games, with Pixelverse reporting a significant increase in players in recent months. Other games on the platform are also seeing growth, with Hamster Kombat and TapSwap planning to launch their tokens on TON as well.
Kori Leon, co-founder of Pixelverse, explained that their approach is different from other Telegram games, as they are focusing on getting their token out to users sooner rather than later. The project recently secured $7.5 million in additional funding from investors, adding to the $5.5 million raised in June. With PixelTap gaining popularity in the Telegram gaming community, the team is hopeful that their token launch will be successful.
The big question on everyone’s mind is whether the surge in Telegram-based games can match the success of Notcoin. While Leon remains cautiously optimistic about Pixelverse’s prospects, he acknowledges the challenge of replicating Notcoin’s on-chain hype. The goal with the PIXFI token is to provide extended rewards and incentives to players, rather than overwhelming them with a large token distribution all at once.
Players are eagerly anticipating the possibility of an airdrop for the PIXFI token, although specific details have not been disclosed yet. Leon hinted at the potential for players to claim tokens and in-game assets, but the exact mechanics of the token distribution are still unknown. The project aims to redefine tap-to-earn rewards by keeping the allocation of tokens undisclosed, with a focus on long-term game rewards.
As the market shows signs of recovery, the launch of the PIXFI token marks a significant milestone for Pixelverse and the Telegram gaming ecosystem. With the success of Notcoin setting a high bar for other games, Pixelverse faces the challenge of capturing the attention of millions of players. Despite uncertainties surrounding the launch of the PIXFI token, the team remains optimistic about the future success of PixelTap and the potential impact of tap-to-earn games on the crypto space.
