Binance announced plans to list its upcoming social Web3 gaming altcoin via its Launchpool platform.
The leading global cryptocurrency exchange announced that the 46th Binance Launchpool project will be blockchain-based PIXEL. It is an open-ended game focused on farming and exploration.
Launchpool allows users to produce new assets by staking their coins.
Starting Friday, Binance users can earn PIXEL tokens by staking BNB and the stablecoin First Digital USD (FDUSD) in separate pools for 10 days. The exchange will then list PIXEL for trading on February 19th and apply a seed tag to the asset.
Binance applies seed tags to less liquid tokens with higher volatility, and users who own tagged assets must pass a quiz every 90 days to be aware of the inherent risks.
pixel get promoted They announced the exchange listing on social media platform
“Our explosive growth can be attributed to two key factors: our community and our migration to Ronin, Sky Mavis’ proprietary blockchain. Behind every successful web3 game is a thriving, engaged and passionate community.
We started with a core, dedicated community that expanded as Pixels were introduced to players in the Ronin ecosystem.”
Ronin (RON) is a gaming-focused Ethereum (ETH) sidechain.
Pixels previously used BERRY, an in-game on-chain currency, but plans to phase it out in favor of PIXEL. The project says BERRY holders will be rewarded with a proportional amount of PIXEL. According to Pixels, BERRY will be replaced in-game by an off-chain coin.
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