Pixelverse's PIXFI Bitrue Launchpool: Start Date, PIXFI Tokenomics & Utility

Bitrue has launched its first Launchpool on May 31, 2024, following the recent establishment of Bitrue Ventures. The PIXFI token, central to the Pixelverse ecosystem, will be part of this launchpool, offering significant benefits to both projects and users. This article explores the details of the PIXFI Bitrue Launchpool, the tokenomics of PIXFI, and its various utilities within Pixelverse.

Key Takeaways

• Launchpool Start Date: The PIXFI Launchpool on Bitrue will run from July 24 to July 26, 2024.
• Tokenomics: The PIXFI token has a total supply of 5 billion, with detailed vesting terms and allocations for various stakeholders.
• Utility: PIXFI is essential for multiple in-game activities in Pixelverse, supporting a deflationary economy and facilitating efficient transactions on Pixelchain.

Read more about Pixelverse here

Launchpool Start Date

The PIXFI Bitrue Launchpool is scheduled to start on July 24, 2024, and will end on July 26, 2024. This event provides an excellent opportunity for new projects to access Bitrue’s extensive user base and for users to earn rewards by staking their existing tokens.

PIXFI Tokenomics

Source: Pixelverse

Total Supply

The total supply of PIXFI tokens is 5,000,000,000.

Blockchain Network

PIXFI operates on the Ethereum Network (ERC-20).

Read More: Pixelverse Daily Combo

Vesting Terms

• Investors: 4 months cliff, 12 months linear vesting.
• KOLs: 10% TGE, 2 months cliff, 10 months linear vesting.
• Liquidity, MM: 20% TGE, then 10% monthly for 4 months, then 5% monthly for 8 months.
• Marketing / User Acquisition: 10% TGE, 5% in week 3, 5% in week 4, 5% in month 1, then 1% monthly.
• Airdrop: 10% TGE, quest-based vesting.
• User Incentives: 2 months cliff, then 2 years linear vesting.
• Team: 1 year cliff, 18 months linear vesting.
• Partners, Advisors, & Consultants: 1 year cliff, 18 months linear vesting.
• Treasury: 6 months cliff, 2 years linear vesting.

Token Distribution

• 17.6% Investors
• 6.4% KOLs
• 15% Liquidity
• 10% Marketing
• 20% Game User Incentives
• 10% Airdrop
• 10% Team
• 1% Partners, Advisors, Consultants
• 10% Treasury

PIXFI Utility

In-Game Activities

PIXFI tokens are integral to various in-game activities in Pixelverse, including trading, crafting, and battling.

Deflationary Economy

The token supply is designed to decrease over time through a burning mechanism, helping to maintain its value.

Transaction Facilitation

PIXFI acts as the main token for transactions on Pixelchain, serving as the gas token and ensuring efficient and low-cost transactions.

Read More: Pixelverse Unveils Pixelchain

Conclusion

The upcoming PIXFI Bitrue Launchpool marks a significant milestone for both Bitrue and Pixelverse. With its detailed tokenomics and multiple utilities, PIXFI is poised to play a crucial role in enhancing the gaming experience within Pixelverse. Participate in the Launchpool from July 24 to July 26, 2024, to take advantage of this opportunity.

FAQs

What is the PIXFI token? 

PIXFI is a digital asset used within the Pixelverse ecosystem for various activities, supporting a deflationary economy and facilitating transactions on Pixelchain.

When is the PIXFI Bitrue Launchpool? 

The PIXFI Bitrue Launchpool will start on July 24, 2024, and end on July 26, 2024.

How can I participate in the PIXFI Launchpool? 

Users can participate by staking their existing tokens such as BTR or USDT on Bitrue’s Launchpool platform during the launch period.