Pixels CEO Luke Barwikowski revealed that staking functionality will soon be launched for $PIXEL, the native token of the Pixel gaming ecosystem.
Barvikovsky described the upcoming system as “very novel” but has yet to reveal further details. This announcement is part of Pixel’s ongoing efforts to improve its platform and address community feedback.
While details regarding staking remain under wraps, it appears the mechanism will serve in-game utility and governance purposes.
Source: Luke Barwikowski (@whatslukedoing)What is $PIXEL?
$PIXEL is the core token in the Pixels ecosystem, a social, casual and free-to-play game that combines farming, exploration and community building on the Ronin Network.
$PIXEL supports multiple in-game features, including:
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- NFT Minting: Players can use $PIXEL to create and trade unique digital assets.
- VIP membership: Unlock premium benefits and exclusive content with the membership program.
- Guild participation: Collaborate with others and participate in community-driven activities.
- Quality of life upgrade: Improve game efficiency through various upgrades.
- Governance: Participate in the decision-making process that shapes the future of gaming.
The upcoming introduction of staking could bring a more structured economic framework to the ecosystem, opening up more possibilities for integrating other features such as land ownership into governance and further expanding the utility of $PIXEL.
Source: PixelWhat else is there to look forward to with Pixels?
In addition to staking, Barwikowski also acknowledged feedback regarding the complexity of the game’s mechanics, specifically the large number of crafting stations that players can place on their lands. He said “industry restrictions” would return to address the issue.
Many users have expressed enthusiastic expectations for the staking function. However, others have expressed concerns about the risks associated with staking, including market volatility and potential complexities in implementation. It has also reignited discussions about the role of land ownership in the game, with some community members expressing concern about a lack of value for landowners.
Barvikovsky addressed these concerns by pointing to broader economic imbalances in the game. “Landowners are hurting because the game economy is currently unbalanced,” he wrote, adding that adjustments were underway. He also suggested land ownership could be linked to governance, but no formal plans have been confirmed.
More details about the staking system and upcoming economic adjustments are expected to be provided in a future update.
