The tap - to - earn projects are getting the attention themselves because they are promising an airdrop to those who are actively playing the games and ranking up. The reason why the new concept became so popular in crypto is that the free airdrops are used as the first capital by thousands of people to invest in the upcoming bull market.
Since the fair distribution of coins by Notcoin, the players' expectations from the current Tap2Earn projects have increased, too. Having 50 million players already, Pixelverse announced the listing of PIXFI token on July 18. As promised, the coin will be available on several top tier centralized exchanges.
According to the official Whitepaper, the allocation for the initial airdrop will be 30% in the very beginning. Afterward, the community will be incentivized by the team in various ways rather than a Tap2Earn mechanism.
$PIXFI looks quite promising when we consider the total supply of 5B and the use cases it will have. With the launch of the new gaming chain, PixelChain, the token will be used for several purposes such as trading, breeding, battling, and other in - game activities.
The team is eager to make the token deflationary and there is likely to be a burn mechanism to keep the supply under control. Similar to MOCA token, PIXFI will be a utility token that players need for their gaming experience. As long as there is no problem of oversupply, the GameFi projects will have a bright bull market in Q4 2024 or early 2025.
PixelChain will be compatible with Ethereum mainnet and there will be cross - chain interactions with TON Network. Meanwhile, transactions will be initiated by PIXFI token as a gas coverage.
Aside from the chain and the utility token of PIXFI, the bots that are bought with points on the game will be used for the game and the combinations. Until now, the Pixelverse team was able to attract and sustain the attention and the tokenomics created another hype, too.
As a reward for their success, the team has secured another $2M investment and reached up to $7.5M total investment for their project.
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