Crypto Gloom

Pixels CEO reveals $PIXEL staking, details to be revealed

Pixels CEO Luke Barwikowski revealed that staking for $PIXEL, the native token of the Pixel gaming ecosystem, will be introduced soon.

Barwikowski described the upcoming system as “very novel,” but further details have not yet been shared. This announcement is part of Pixel’s ongoing efforts to improve the platform and address feedback from the community.

Details about staking remain secret, but it appears that this mechanic will be used for both in-game utility and governance purposes.

Pixels CEO Announces $PIXEL Staking Coming Soon
Pixels CEO Announces $PIXEL Staking Coming Soon Source: Luke Barwikowski (@whatslukedoing)

What is $PIXEL?

$PIXEL serves as the core token within the Pixels ecosystem, a social, casual, and free-to-play game that blends farming, exploration, and community building on the Ronin Network.

$PIXEL supports several in-game features, including:

    • NFT mining: Players can use $PIXEL to create and trade unique digital assets.
    • VIP Membership: Unlock premium benefits and exclusive content through our membership program.
    • Guild participation: Collaborate with others and participate in community-oriented activities.
    • Quality of Life Upgrades: Increase gameplay efficiency with various upgrades.
    • rule: Participate in the decision-making process that determines the future of gaming.

The upcoming introduction of staking could provide a more structured economic framework for the ecosystem, allowing more possibilities to integrate other features such as land ownership into governance and further expand the utility of $PIXEL.

What else can you expect from Pixels?
What else can you expect from Pixels? Source: Pixel

What else can you expect from Pixels?

Aside from staking, Barwikowski acknowledged feedback on the complexity of the gameplay mechanics, particularly the numerous crafting stations players can place on their lands. He said “industrial restrictions” would be reimposed to address the issue.

Many users expressed their excitement about the staking feature. However, others have expressed concerns about the risks associated with staking, including market volatility and the potential complexity of implementation. It has also reignited discussion about the role of land ownership in the game, with some community members expressing concerns about a perceived lack of value for landowners.

Barwikowski addressed these concerns by pointing out broader economic imbalances within the game. “Landowners are hurting because the gaming economy is unbalanced right now,” he said, adding that adjustments are in the works. He also suggested that land ownership could be linked to governance, although no formal plans have been confirmed.

More details about the staking system and future economic adjustments will be released in future updates.