bitcoin
bitcoin

$72019.85 USD 

0.32%

ethereum
ethereum

$2633.12 USD 

-2.08%

tether
tether

$0.999875 USD 

0.04%

bnb
bnb

$587.55 USD 

-1.40%

solana
solana

$174.04 USD 

-0.57%

usd-coin
usd-coin

$0.999871 USD 

0.01%

xrp
xrp

$0.519149 USD 

-0.37%

dogecoin
dogecoin

$0.170521 USD 

0.24%

tron
tron

$0.169876 USD 

0.88%

cardano
cardano

$0.359954 USD 

2.14%

toncoin
toncoin

$4.90 USD 

-1.32%

shiba-inu
shiba-inu

$0.000019 USD 

3.40%

avalanche
avalanche

$25.73 USD 

-1.77%

chainlink
chainlink

$12.13 USD 

0.52%

bitcoin-cash
bitcoin-cash

$374.18 USD 

1.02%

Cryptocurrency News Articles

Crypto Gaming Resurges with Pixels Leading the Pixelated Charge

Mar 24, 2024 at 06:00 am

Crypto Gaming Resurges with Pixels Leading the Pixelated Charge

Is Crypto Gaming Resurging, Driven by Pixels' Pixelated Allure?

As the crypto market rallies this year, familiar narratives are emerging from past cycles, including the resurgence of crypto gaming. The Ronin network, known for its Axie Infinity phenomenon, is once again stealing the show.

Pixels: The Catalyst for Ronin's Revival

What's fueling Ronin's comeback? A single game: Pixels. This unassuming farming game lets players tend to digital plots and embark on quests for digital currency. In the past month alone, DappRadar reports a staggering 1.25 million unique users flocking to Pixels.

Beneath the surface, Pixels is generating excitement reminiscent of the Axie Infinity craze. In countries like the Philippines, play-to-earn gaming is proving to be a lifeline once more, challenging previous assumptions.

Sky Mavis' Surprise: Pixels' Unconventional Success

Jeffery Zirlin, Sky Mavis' head of growth, is surprised by the unexpected popularity of crypto gaming. He notes that it doesn't require AAA-quality graphics to thrive. Despite Pixels' simplicity, it has become a force in the sector.

Pixels' Journey: From Polygon to Ronin

Unlike Axie Infinity, Pixels wasn't initially developed by Sky Mavis for Ronin. It debuted on Polygon before migrating to Ronin last October, well before the current bull run. Despite starting with a modest 3,000 daily active users, Pixels now boasts an impressive 750,000.

Ronin's Expanding User Base: A Potential NFT Goldmine

While Pixels' numbers may not match Axie Infinity's peak, Zirlin points to Ronin's massive user base of 12.7 million wallet downloads. These users could potentially drive demand for NFTs that enhance Pixels gameplay, though such involvement is not a prerequisite.

Sky Mavis' Commitment to Crypto Gaming

Despite crypto gaming's cyclical nature, Zirlin emphasizes Sky Mavis' commitment to the sector. He acknowledges the ups and downs but believes the company is well-equipped to navigate them.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Oct 31, 2024