Play-to-Earn ( P2E ) and gaming tokens will never be the same, and that’s a good thing. We do n’t want mindless “games” that require the player to click once per hour to earn a token. That is n’t gaming — honestly, I’m not sure what it is. Unsustainable? However, this is n’t to say that earning from games is dead nor, necessarily, that playing a game to earn money is either. It sounds contradictory, but it is n’t.
The P2E era, as short as it was, saw what could be at best classified as mini-games, rushed to market for the sole purpose of having a token ( and sometimes NFTs ) that sell. We’re past that today. However, truly entertaining games with tokens that are embedded in the game’s economy will become more popular, and there might be the best use-case for that in the future.
Toward the end of last year, I wrote the article, Web3 Game Pixels on Ronin is Blowing Up and the Stats Reveal a Bit. Ronin, the habitat famed for the tribune of P2E games, Axie Infinity, opened its doors to another bitcoin games in what was likely a shift to expand. Pixels was the first sport to cross the threshold, which was a genius.
The Rise ( and Rise ) of Pixels
In the November article, I looked at how the game’s Unique Active Wallets ( UAWs ) had gone parabolic in the space of about seven days, breaching 100, 000. The concern with those sorts of numbers is that ironically, in recent bitcoin game, it’s usually indicative of a scammer problem. With Pixels, it was n’t though.
If you want a break of the numbers, press that above-linked post. Moving up the timeline three times to the present moment. Pixels: A pan display or a flash? Suddenly, no.
As you can see, in the past three months, the UAWs have been continuing to rise, with a high of nearly 186K on the 23rd January 2024, and as I write this, UAWs are still up by 50 % since the November article, with 155K yesterday.
Then, in the past 30 days, Pixels has managed$ 5.23M in trading volume, up 14.64 % from the month before, and some of the NFTs for the game that have sold have been for significant amounts.
In addition to the below, Pixels has had a slew of big-ticket profits in the past 24 hours, with the top 10 all above$ 5K.
These statistics, while outstanding, just inform the overall point: That gaming tokens can be a popular commodity, and Pixels had put them strongly up on the map.
Pixels ‘ Token,$ PIXELS, and the Comeback of Gaming Tokens
To start, I’m going to offer my article from last November:” So, Pixels has two tokens,$ Cherry and$ PIXEL, and$ Peach is a sort of mainstay, central to all game. $ Cherry is used by people to buy and sell goods, tools, and so on”. $ PIXEL, the game’s other token, was n’t released back then, and soon$ BERRY ( which was not an on-chain currency ) will be retired for$ PIXEL, with an exchange rate of 1, 000$ BERRY for 7.6175$ PIXEL. In reality, it’s being launched on the 19th of February and the release itself is a bit of a workshop.
Firstly, the$ PIXELS gift is being launched on Binance. The show’s leader, Luke Barwikowski, told Decrypt:
The excitement begins when we launch on Binance, right? The notion that all of this happening and the token’s whole expression are quite remarkable. Simply put, this is morning one of all we’re working on, in my opinion. We have things that’s generating, but now it’s a long road ahead of us to”.
— Luke Barwikowski, Founder of Pixels ( Via Decrypt. co )
The 10 times of tokens to athletes are the workshop ‘ second half. We recently witnessed the Jupiter trade on Solana airdrop a small sum of money to its clients, and the response was incredible ( and perhaps the murder was as good as it was ).
Airdrops, which were a fascinating component of the previous bulls work, appear to have lost some of their relevance today. Airdropping$ PIXEL to people is a fantastic way to encourage your first adopters and devoted fans, as well as to create some interest in your game, which it is.
I am not a financial analyst, trader, or markets guy, so I have no earthly idea what the price of$ PIXEL will be or if it will go up. I’m also going to say that this is n’t financial advice and that you should do your own research, to be sure. In light of this, I’m optimistic that$ PIXEL will perform well, and that if it does, it will cause a revival of gaming tokens in the same way that$ MANA and other metaverse tokens have experienced a rapid rise.
