TL;DR
- Pixels has made significant strides in user identification and prediction models, maintaining real daily active users (DAU) and increasing monthly revenue to 9.08 million $PIXEL in the last 30 days.
- The company has heavily invested in data science to gain insights into its token economy, aiming to increase real DAU and in-game spending by distributing tokens to users more likely to use them in-game.
- Pixels is expanding gameplay with new features and mechanics, moving more in-game items on-chain, and announcing major additions to the $PIXEL ecosystem.
Over the past few months, Pixels has made significant strides in user identification and prediction models, which are essential for all web3 games. The company has successfully lowered its daily active wallets while maintaining real daily active users (DAU) and increasing monthly revenue.
In the last 30 days, Pixels generated 9.08 million $PIXEL, up from 8.1 million $PIXEL in the previous 30 days. The company has also diversified its revenue streams beyond VIP memberships, with in-game coin purchasing becoming the largest source of $PIXEL burn.
The Pixels Community Treasury now holds nearly 40 million $PIXEL, and plans for governance will be announced soon. Since the release of Chapter 2.5, daily coin inflation has dropped by 83.99%.
Data Science
Pixels has heavily invested in data science and prediction, leveraging two years of live game data to build models on the effectiveness of in-game rewards.
The company is now focusing on gaining insights into its token economy by identifying different types of users and understanding their behavior with $PIXEL. The goal is to increase real DAU and in-game spending by distributing tokens to users who are more likely to use them in-game.
Gameplay
Pixels have made significant progress in-game economy and gameplay. With a solid foundation in place, the company is now expanding gameplay. Upcoming updates in Chapter 2.5 will address game economy fixes and introduce new features.
Chapter 3, expected to be released in Q1 2025, will bring new mechanics, including player versus environment (PvE) or player versus player (PvP) elements, which have been highly requested by players.
On-Chain Integration
The success of the Halloween event’s cosmetic spending highlighted the potential of on-chain content. Pixels plans to move more in-game items on-chain, expanding possibilities for on-chain rewards, such as staking the $PIXEL token.
Ecosystem Expansion
Pixels is set to announce major additions to the $PIXEL ecosystem, with more games and experiences joining soon. Users will be able to log in with their Pixels accounts to access other games, with their reputation following them across the ecosystem. This will unlock more insights for token distribution, reward opportunities, and use cases for $PIXEL.
Future Events
Pixels recently hosted a virtual version of Binance Blockchain Week 2024, attracting 236,000 unique users and 194,000 participants in an in-game quest. The event demonstrated the value of the Pixels user base and the potential for future virtual events.
Pixels has built a solid foundation and continues to improve its fundamentals. With upcoming changes and new features, the company is moving closer to bringing sustainable play-to-earn to the masses. The future of play-to-earn lies in the merger of great tech, players, and games, and Pixels is making strides in all these areas.
