Immutable Partners with LiquidX for Pixelmon Game on zkEVM Blockchain
Immutable, the company behind Ethereum scaling networks, has announced a partnership with LiquidX, the studio responsible for the game Pixelmon. Under this agreement, Pixelmon will be launched on the Immutable zkEVM blockchain. The blockchain is currently in early access mode for select developers.
Pixelmon’s History and Overhaul
Pixelmon initially launched in 2022 with an NFT creature sale that generated $70 million. However, the project faced criticism due to its clunky monster artwork, causing NFT prices to plummet. LiquidX acquired Pixelmon later that year and revamped its plans by introducing new artwork and announcing multiple games. Recently, Pixelmon raised $8 million in seed funding ahead of the launch of its MON token.
Pixelmon’s Benefits on Immutable zkEVM
By utilizing Immutable zkEVM, powered by Polygon’s technology, Pixelmon aims to leverage custom smart contract support, advanced gameplay mechanics and tokenomics, and an efficient trading experience. This move is expected to deliver a seamless user experience for Pixelmon players.
Impending MON Token Launch
Pixelmon has been sharing details about its upcoming MON token, including tokenomics and a community pre-sale. The MON token will be issued as an ERC-20 token with a total supply of 1 billion tokens. It is unclear whether the token will be minted on Immutable zkEVM or the Ethereum mainnet.
Hot Take: Driving Mainstream Activity in 2024
Immutable co-founder Robbie Ferguson believes that Pixelmon’s turnaround story and focus on delivering a flagship title with a seamless user experience make it one of the main games driving mainstream activity in 2024.
Editor’s note: This article was written with the assistance of AI. Edited and fact-checked by Andrew Hayward.
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