- Pixelverse, the creators of the Telegram-based gaming hit, PixelTap, have announced they will be launching their token PIXFI on the TON blockchain on July 18.
- PixelTap will be only the second major Telegram- based game to launch its own token, following Notcoin’s NOT token launch in May.
- Players are hopeful of receiving a token airdrop, but Pixelverse have not confirmed that an airdrop is planned
Pixelverse, the team behind the latest blockchain-based Telegram gaming sensation, PixelTap, has announced on X that they will be launching their first token, PIXFI, on The Open Network (TON), this Thursday, July 18 at 12 pm UTC.
According to Pixelverse’s announcement, PIXFI will be “listed on major centralized exchanges” at launch — exactly which centralised exchanges will be listing the token was not specified, however BitGet has confirmed on its website that it will be listing the token in its Innovation and GameFi Zone.
Related: Telegram’s ‘Notcoin’ Teams Up with 1inch and Sign to Launch ‘Triangle’, a New Accelerator for TON Apps
PIXFI Launch Looks To Capitalise On Telegram Gaming Craze And Market Upturn
The Telegram gaming trend really kicked off earlier this year after Notcoin launched in May, attracting over 35 million players in just a few months. Other Telegram-based games have also proven hugely popular recently, including Hamster Kombat and TapSwap—but until now Notcoin is the only major Telegram game to have launched an associated token.
After apparently attracting over 50 million new players to PixelTap in June alone, Pixelverse is now looking to strike fast and strike hard, launching PIXFI as soon as possible in order to capitalise— both on the popularity of Telegram gaming and the current positive shift in market sentiment.
Speaking to Decrypt, the co-founder of Pixelverse Kori Leon, explain:
Pixelverse, with its token PIXFI, is the first to launch in the Telegram ecosystem since Notcoin. This launch coincides with a market showing signs of recovery.
Kori Leon, Co-founder of PixelverseWill There Be An Airdrop For Early Players?
One of the hottest questions for early players of PixelTap is “IF / WEN AIRDROP!?”
Pixelverse hasn’t clarified if a PIXFI airdrop to existing players will take place, but Leon has said that the primary purpose of the token will be to reward players long-term, like existing players-to-earn games, rather than drop the token in a large lump sum:
This positions Pixelverse more as a play-to-earn game, using tapping mechanics in PixelTap to grow their audience and build their community before expanding their game…Players will be able to claim and receive PIXFI tokens and in-game assets, but the exact details of how this will work are still unknown.
Kori Leon, Co-founder of PixelverseRelated: Musk Empire: The Latest Telegram Game with Elon Musk Upgrades and Passive Income Mechanics
Pixelverse hasn’t shared many details of PIXFI’s distribution or tokenomics, but Leon claimed that 30% of the token’s supply will be set aside for long-term player rewards.
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