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Altcoin News

Pixelverse To Airdrop 30% PIXFI Tokens To Community Members

Pixelverse will distribute unique NFTs to all PixelTap and Dashboard users registered before July 18th, 00:00 UTC.

Written By:
Dhara Chavda

Last updated: July 18, 2024 8:17 PM
Published July 18, 2024 6:39 PM
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Last updated: July 18, 2024 8:17 PM
Published July 18, 2024 6:39 PM
Pixelverse To Airdrop 30% PIXFI Tokens To Community Members

The web3 gaming, Pixelverse, is shaking things up with a groundbreaking 30% airdrop for its PIXFI token. The company, boasting over 75 million players through its popular PixelTap app, aims to redefine airdrops by rewarding community members.

To incentivize early participation, Pixelverse will distribute unique NFTs to all PixelTap and Dashboard users registered before July 18th, 00:00 UTC. Starting July 25th at 12:00 UTC, users will have one week to claim your exclusive NFTs.

These NFTs act as keys to unlocking various tiers of the airdrop, with rarity determining the amount of PIXFI tokens received. Additionally, completing tasks within the Pixelverse ecosystem further boosts rewards.

According to the announcement, Pixelverse will distribute a staggering 30% of the total PIXFI token supply through the airdrop. Holders of Rare, Epic and Legendary NFTs will receive an immediate 10% token allocation. An additional 20% of the token supply will be distributed to users who actively engage with Pixelchain, the studio’s Layer 2 blockchain solution.

Pixel Verse Tweet
Source: Pixelverse

To discourage short-term speculation and ensure long-term commitment, Pixelverse employs a unique vesting mechanism. Users who claim their airdrop tokens can immediately withdraw only 10%. However, withdrawing the remaining 90% requires continued participation within the Pixelverse ecosystem through gameplay and Pixelchain interaction.

This approach mirrors the “battle pass” system in traditional web2 games, rewarding active users with progressively more tokens. The more users utilize Pixelverse products, the more they will be able to withdraw PIXFI tokens.

Pixelverse’s airdrop signifies a significant shift in the web3 landscape. By focusing on rewarding genuine users and long-term engagement, the studio aims to foster a healthy and sustainable community around its PIXFI token and Pixelchain network.

Also Read: Pixelverse $PIXFI Token Out Today: All You Need To Know

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Dhara Chavda- Crypto Research Analyst at The Crypto Times
By Dhara Chavda
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Dhara Chavda is a Content Strategist and Research Analyst with 5 years of experience in the crypto industry. She holds a Bachelor’s degree in Computer Engineering and brings a strong technical perspective to her work. Dhara specializes in DeFi, price analysis, and the core mechanics of cryptocurrencies. She also works on crypto news, including research, analysis, and assigning stories, ensuring accurate and timely coverage of key developments in the space.

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