Pixelverse launched the PIXFI token on July 18 on The Open Network (TON) platform. Its value surged 50% in the first hours after listing, reaching a market capitalization of $200 million, but then rolled back.
The PIXFI token is now available on centralized exchanges such as Bybit, HTX, Gate, Bitget and MEXC. Pixelverse has given 10% of the token issue to rare NFT holders and plans to distribute another 20% to Pixelverse and Pixelchain users.
Pixelverse, the founder of the popular PixelTap game for Telegram, will also introduce the character Pudgy from Pudgy Penguins. PIXFI's Airdrop includes a stacking system with a 90% penalty for immediate token withdrawals.
In May, Pixelverse raised $5.5 million in a funding round from Delphi Ventures, Merit Circle and Mechanism Capital.
