‘Pixelmon’ Game Picks Ethereum Scaling Network Amid MON Token Rollout
Immutable, the agency behind a pair of gaming-centric Ethereum scaling networks, introduced a partnership on Monday with LiquidX, the studio behind the Pokémon-esque battle enviornment recreation Pixelmon. Below the settlement, Pixelmon will launch on the Immutable zkEVM blockchain, which lately opened to pick builders in an early entry mode.
Pixelmon first launched in 2022 with an NFT creature sale that generated $70 million, however rapidly grew to become the goal of ridicule when the clunky monster art work was revealed. The venture’s unique founder referred to as the art work a “horrible mistake,” and NFT costs plunged.
However LiquidX purchased the venture later in 2022 and set about overhauling its plans with polished new art work and plans to launch a number of video games, giant and small. Earlier this month, Pixelmon introduced that it had raised an $8 million seed funding spherical forward of the debut of a MON token that can energy a decentralized IP mannequin.
By constructing on Immutable zkEVM, powered by Polygon’s zkEVM know-how, Pixelmon goals to leverage “customized good contract help, superior gameplay mechanics and tokenomics, and an environment friendly buying and selling expertise,” in accordance with a press launch.
“Pixelmon is an unbelievable turn-around story, and is specializing in delivering their flagship title with a seamless consumer expertise,” Immutable co-founder and President Robbie Ferguson mentioned, in a launch. “They’re one of many principal video games I might be taking a look at to assist drive mainstream exercise in 2024.”
Pixelmon has been sharing increasingly more particulars about its impending MON token, together with tokenomics and a neighborhood pre-sale. MON shall be minted as an ERC-20 token, nevertheless it’s not but clear whether or not the token itself shall be minted on Immutable zkEVM or maybe the Ethereum mainnet.
MON TOKENOMICS OVERVIEW
MON shall be issued as an ERC-20 token. On the token genesis occasion (TGE), 1 billion MON tokens shall be created as the overall token provide, which can by no means improve. MON shall be distributed and unlocked as follows:
Complete Provide: 1B
Group Declare: 30%… pic.twitter.com/GxoO4xpIKo— MON Protocol 🐉 $MON (@monprotocol) February 12, 2024
Decrypt’s GG requested an Immutable consultant for clarification, however didn’t instantly obtain a response.
Editor’s notice: This text was written with the help of AI. Edited and fact-checked by Andrew Hayward.
