Pixelverse Tap-to-Earn Game Welcomes Pudgy Penguins NFT Collection

Pixelverse, one of the popular Telegram tap-to-earn games, has made headlines with its latest announcement. On July 16, Pixelverse revealed that Pudgy

Popular Telegram tap-to-earn game Pixelverse announced that Pudgy Penguins, a renowned Ethereum non-fungible token (NFT) collection, will be joining the game as a character in PixelTap.

The move is part of Pixelverse's strategy to bolster the game's appeal and broaden its user base.

Pixelverse, Pudgy Penguins Team Up to Drive Crypto Mass Adoption

The Pudgy Penguins NFT collection has seen immense success both online and offline. Data from CryptoSlam shows that the collection has achieved an all-time sales volume of over $390 million.

Moreover, Pudgy Penguins has expanded its presence through merchandise in major retailers like Walmart and Target.

Kori Leon, Co-founder of Pixelverse, shared his perspective on the collaboration with BeInCrypto. He highlighted that the partnership is optimal because both projects are aiming to drive mass crypto adoption.

“And don’t think Pudgy Penguins is only an NFT collection; anyone who bought a toy at Walmart is part of the Pudgy community. Pudgy Penguins use cute characters and social media to make crypto less intimidating, while we use video games to do the same. By combining gaming and cuteness, I believe we can onboard even more users to Web3,” he said.

In addition to this partnership, Pixelverse recently announced that its native token, PIXFI, will be launching on Thursday. The token will begin trading on several major crypto exchanges, including Bybit, at 12:00 UTC on the same day.

Earlier this month, Pixelverse also revealed that it raised an additional $2 million in funding from Galaxy, CRIT Ventures, and other investors. This investment follows the game's $5.5 million raise in June, which saw participation from Delphi Digital and Merit Circle, among others.

Can Tap-to-Earn Games Sustain Long-Term Success?

Pixelverse is a digital world where characters can join and get a ‘cyberpunk’ makeover. For example, Pudgy Penguins will have special abilities like freezing and being robotized.

In Pixelverse, players embark on warfare and adventure missions within a cyberpunk city. Players must collect relics, build and upgrade bots, and tokenize them as NFTs. The game combines exploration, strategy, and real-world incentives through the PIXFI token.

Pixelverse's game has seen explosive growth amidst a Telegram tap-to-earn boom. The game claims to have attracted over 15 million users in less than a month.

Pixelverse's success can be compared to Notcoin—the pioneer in the tap-to-earn genre—which has already generated its own token, NOT. Despite the success of these games, some experts question their sustainability and long-term value, suggesting they might not offer lasting benefits.

The crucial aspect to consider is whether these projects can provide sustained value and maintain demand for their tokens. While their fate depends on various factors, including marketing strategies and market conditions, tap-to-earn games continue to garner attention and evolve.

The above is the detailed content of Pixelverse Tap-to-Earn Game Welcomes Pudgy Penguins NFT Collection. For more information, please follow other related articles on the PHP Chinese website!