Pixels
Crypto Overview
Overview
Pixels is a blockchain gaming project built on Ethereum that aims to create an open-world gaming metaverse where players can own, trade, and interact with pixel-based assets. The PIXEL token serves as the native currency within this ecosystem.
Purpose and Utility
The primary stated purpose of PIXEL is to serve as the in-game currency for the Pixels ecosystem, enabling players to purchase virtual land, assets, and participate in the game economy. The token also provides governance rights, allowing holders to vote on various aspects of the game's development.
Business Model
The project generates revenue through the sale of virtual assets, marketplace fees, and ecosystem transactions. The business model appears transparent and focused on gaming utilities without involvement in prohibited activities like gambling or interest-based lending.
Real-World Adoption
The project is still in its early stages but has shown growing adoption within the gaming community. The marketplace is active with regular trading of pixel-based assets, and the development team maintains consistent updates to the platform.
Token Distribution
The token distribution includes allocations for development (20%), team (15%), community rewards (25%), and public sale (40%). Team tokens are subject to a vesting period of 24 months with a 6-month cliff.
Development Activity
There is regular development activity visible on the project's GitHub repository, with frequent updates to the gaming platform and smart contracts. The team maintains active communication through official channels and provides regular progress updates.
Crypto Impact
To assign a comfort level investing in Pixels from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Pixels.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.