Binance Launches PIXEL on Launchpool
Binance announces the launch of Pixels (PIXEL) on Launchpool, Ronin Network’s social web3 game, giving BNB and FDUSD holders a unique opportunity to acquire PIXEL tokens before their trading debut.
Binance, a leading global cryptocurrency exchange, officially announced the introduction of PIXEL, the 46th project to grace the Launchpool platform. PIXEL, a pioneering social web3 game developed by Ronin Network, marks an important milestone in the advancement of blockchain-based gaming and community building.
PIXEL Revealed: The Future of Blockchain-Based Social Games
PIXEL emerges as a new concept in the web3 gaming space, blending immersive social interaction with the decentralized spirit of blockchain technology. Built on the powerful Ronin Network, PIXEL aims to redefine user engagement by fostering vibrant, interactive communities where players truly own and control their digital assets and gaming experiences.
How to participate: staking, farming, rewards
Binance users are ready to experience the innovative farming mechanisms provided by PIXEL. Starting February 9, 2024, participants will have 10 days to earn PIXEL tokens by staking BNB and FDUSD into designated pools. This initiative not only improves the utility of BNB and FDUSD within the Binance ecosystem, but also democratizes access to the PIXEL token ahead of its official trading debut.
Tokeneconomics and Launchpool Details:
Maximum token supply: 5,000,000,000PIXEL
Launchpool Token Reward: 350,000,000 PIXEL (7% of maximum token supply)
Initial Circulating Supply: 771,041,667 PIXEL (15.42% of maximum token supply)
Smart contract platform: Ethereum and Ronin
Staking Requirements: KYC Compliance
PIXEL reward allocation is strategically designed to encourage participation in both BNB and FDUSD pools, split 80:20 in favor of BNB stakers. This approach ensures a wide distribution of tokens to suit different user preferences and staking capacities.
Listing and Trading: New Market Entrants
Binance plans to list PIXEL on February 19, 2024, enabling trading across multiple pairs, including PIXEL/BTC, PIXEL/USDT, PIXEL/BNB, PIXEL/FDUSD, and PIXEL/TRY. This listing highlights Binance’s commitment to expanding its trading ecosystem through innovative and promising projects like PIXEL.
Beyond Games: PIXEL’s Vision for the Web3 Social Ecosystem
Integrating PIXEL into Binance Launchpool is more than just launching a game project. This is a testament to the evolving landscape of web3 technologies and their potential to create meaningful, user-driven online communities. PIXEL sets a new standard for future blockchain projects with a focus on social interaction within the gaming realm.
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