# PIXEL

> PIXEL is an ERC-20 based cryptocurrency, used as utility and governance token in the Pixel Web3 game, offering users rewards for completion of tasks.

- Canonical URL: https://iq.wiki/wiki/pixel
- Categories: Cryptoassets
- Created: 2024-05-01T18:29:03.229Z
- Last updated: 2024-05-01T18:29:03.229Z
- Source: IQ.wiki — the world's largest blockchain and crypto encyclopedia (https://iq.wiki)

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The [\[5\]](#cite-id-5k8312xt1e5) [token](https://iq.wiki/wiki/utility-token) is a [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) based on [Ethereum](https://iq.wiki/wiki/ethereum) blockchain. Created as an [ERC-20](https://iq.wiki/wiki/erc-20) token, is a native [utility](https://iq.wiki/wiki/utility-token) and [governance token](https://iq.wiki/wiki/governance-tokens) in pixel ecosystem of the Pixel [Web3](https://iq.wiki/wiki/web3) game.  
It migrated to [Ronin](https://iq.wiki/wiki/ronin-ron) Network in 2023. Pixel can be accepted both on [Ronin](https://iq.wiki/wiki/ronin-blockchain) and [Ethereum](https://iq.wiki/wiki/ethereum) [blockchain](https://iq.wiki/wiki/blockchain).  
It was founded by Luke Barwiokowski[\[1\]](#cite-id-sjk7w78r7k) in San Francisco, California in 2020.  
  
### Distribution and [Tokenomics](https://iq.wiki/wiki/tokenomics)  
  
Pixel has the Total Max supply of 5 Billion tokens. Each day, a thousand of users earns pixels through the game which are part of the Ecosystem rewards, amounting to 34% of the total supply.  
The team has 12.5%  of the total reserves.  
![chart_maker_pro_1714580946817.jpg](https://ipfs.everipedia.org/ipfs/QmcS9npqXmo99PzcEb2WY6snNHtCaTCFMhHAsczQS5G32v)  
...  
  
### About Pixel [Web3](https://iq.wiki/wiki/web3) Game  
  
It's an open-ended web based P2E game which encircles around a virtual farming, exploration, quests, tasks, built one pixel at a time. Gathering various farm related resources to complete rewarding tasks and quests. Tasks are to be done by users to earn a game [utility](https://iq.wiki/wiki/utility-token) coin and a pixel [token](https://iq.wiki/wiki/utility-token) as a reward. Large number of daily users and attractive competitive nature of the game makes it unique in the [web3](https://iq.wiki/wiki/web3) world.  
Aimed at creating a world where a user enjoys the game and at the same time has potential to earn equitably with other users.  
It also has integrated NFT structure to enhance its gaming connected with NFT marketplace of [Open Sea](https://iq.wiki/wiki/opensea).  
  
### Core Pillars  
  
Play-to-earn game with three guiding pillars i.e. Fun, interoperability and [Decentralized](https://iq.wiki/wiki/decentralized-application) control.  
  
#### Core Connections  
  
Pixel universe has three classes of assets-which are securely stored [on-chain](https://iq.wiki/wiki/blockchain).  
NFT farm Lands, Resources, and [Tokens](https://iq.wiki/wiki/utility-token).  
  
### Team  
  
###### Major team members -  
  
Founder-Luke Barwikowski[\[1\]](#cite-id-sjk7w78r7k)  
Lead Designer-Benjamin Exworthy [\[2\]](#cite-id-9bku0b1ex4d)  
Lead Engineer- Weiwei Li[\[3\]](#cite-id-mnsizoi192b)  
Head of Community-Heidi[\[4\]](#cite-id-ooubajl9t7s)  
  
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