Pixel CEO <a target="_blank" href="https://x.com/whatslukedoing/status/1877020239449182252″ target=”_blank” rel=”noopener”>Lucas Barwikowski has revealed that staking will soon be introduced for $PIXEL, the native token of the Pixel gaming ecosystem.
Barwikowski described the upcoming system as “pretty novel,” though no further details have yet been shared. This announcement comes as part of Pixel's ongoing efforts to refine its platform and address feedback from its community.
While details regarding staking remain under wraps, it appears that this mechanism will serve both governance and in-game utility purposes.
Source: Luke Barwikowski (@whatslukedoing)What is $PIXEL?
$PIXEL serves as the central token within the Pixels ecosystem, a free-to-play, casual, social game that combines farming, exploration, and community building on the Ronin network.
$PIXEL powers several game functions, including:
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- nft Minting: Players can use $PIXEL to create and trade unique digital assets.
- VIP Memberships: Unlock premium benefits and exclusive content through membership programs.
- Guild participation: Collaborate with others and participate in community-driven activities.
- Improvements in quality of life: Improve game efficiency with various updates.
- Governance: Participate in the decision-making processes that shape the future of the game.
The upcoming introduction of staking could bring a more structured economic framework to the ecosystem, allowing more possibilities to integrate other features, such as land ownership, into governance and further expanding the utility of $PIXEL.
Source: PixelsWhat else can we expect from the Pixel?
In addition to gambling, Barwikowski acknowledged feedback about the complexity of the game's mechanics, specifically the large number of crafting stations players can place on their land. He stated that the “industry limits” will return to address this issue.
Many users expressed excitement in advance about the betting feature. However, others expressed concerns about the risks associated with betting, including market volatility and potential complexity in implementation. This has also reignited debates about the role of land ownership in gaming, 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. “Landlords are suffering because the game's economy is unbalanced right now,” he wrote, adding that adjustments are being made. He also suggested that land ownership could be linked to governance, although no formal plans were confirmed.
More details on the betting system and upcoming economic adjustments are expected in future updates.
