The PixelBit Token: Everything You Need To Know

With the introduction of the sensational blockchain technology to the modern gaming market, millions of devoted players and developers breathed a sigh of relief. However, even increased security, fraud protection, and ownership of virtual assets are not enough for a flawless video game standard. In the existing gaming environment based on blockchain, we still deal with such crucial issues as low speed, high cost, and complex scalability.

To begin, due to the sophisticated properties of the technology, traditional blockchain gaming is slow. This is accompanied by difficult game maintenance, which requires hundreds of thousands, if not millions, of transactions to function correctly. Available blockchain solutions aren’t powerful enough to maintain such a load during mining. Finally, assuming that blockchain is considered one of the most popular and sought after developments, playing current blockchain games is truly expensive. Because of the prominent Bitcoin or Ethereum blockchains in the foundation, users’ in-game transactions can cost more than a dollar.

The good news is that some blockchain gaming adherents insist on eliminating the weaknesses of the technology and are doing their best to leverage its undoubtedly strong advantages. Very soon, the world of gamers will witness a unique ecosystem running on blockchain and designed to make gaming even more lucrative, enjoyable, and rewarding. It’s called PixelBit.

Introduction to PixelBit
Being loyal fans of video games, PixelBit creators have long been concerned about the flaws inherent in the current system and have come up with an idea for developing an entirely new, revolutionary approach to the gaming process. Blockchain technology and the internal cryptocurrency, PXB token, which is based on Ethereum20, are the core of their project which matches security and compatibility standards within the PixelBit ecosystem.

In essence, it’s not a marketplace similar to Steam or Origin with a distributed network of games. PixelBit’s concept is much broader and more sophisticated: it’s an innovative digital currency that allows both gamers and developers to earn passive income, accompanied by a set of API tools for cross-platform in-game implementations. With their use, game developers and publishers will be able to set up a dynamic adaptive pricing system. Following the trophies/achievements model, gamers can easily get rewards when playing and acquire additional content at low prices. In-built P2P trading mechanisms will change the traditional way of performing in-game transactions, allowing for direct trade of digital assets via PXB tokens.

Solutions for both gamers and game developers

For gamers
With no need for contributing fiat money, as accepted in the existing gaming platforms, gamers can earn tokens when performing specific tasks in PixelBit-enabled games and then directly spend them on various rewards and content such as skins, weapons, cosmetic assets, and other features. All transactions occur outside third-party marketplaces and gambling sites, which usually charge high commissions.

A significant feature of the PixelBit ecosystem is its availability for cross-platform trades. With it, there is no need to conduct additional complex operations to start utilizing the PXB token.

What’s more, thanks to the progressive nature of blockchain, an increasing number of transactions leads to the increasing value of PXB tokens. This means every single purchase carried out using PixelBit currency organically results in the global increase in spending power for consumers and liquid capital for gaming companies. Such token adaptability also makes it possible to generate passive income for devoted gamers by recommending the project to other users and playing with them.

For game developers
The leading advantage tech specialists get when working in the PixelBit environment is access to the specific APIs applied to numerous useful directions. This can be the implementation of a scalable mining process that doesn’t require big loads. A robust back-end will handle heavy operations of processing and verifying transactions and provide a reliable framework backed by tailor-made protocols developed in-house.


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