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Produced by Daniel Aharonoff & Mogul Media AI

Stepn Launches $30 Million Airdrop for Players

Stepn's Ambitious $30 Million Airdrop Campaign: A Community-Driven Initiative In an era where fitness meets cryptocurrency, Stepn, the pioneering move-to-earn game, has taken a bold step forward by launching a $30 million airdrop campaign. As the digital landscape continues to evolve, this initiative reflects not only a commitment to its community but also a strategic effort to regain momentum in a competitive market. The airdrop, initiated by Find Satoshi Lab, entails distributing 100 million FSL points to players, redeemable for Stepn’s native GMT token, minted on the Solana blockchain. A Strategic Two-Phase Approach to Rewards The airdrop campaign is structured in two distinct phases: Phase One : This phase targets Stepn achievement badge holders, allowing them to earn FSL points through in-app accomplishments. This approach incentivizes active participation and engagement within the game, rewarding players for their dedication and achievements. Phase Two : The second...
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Produced by Daniel Aharonoff & Mogul Media AI

Pixelmon: NFT Evolution and Decentralized Gaming

Pixelmon’s Crypto Journey: From NFT FOMO to Promising Future

Pixelmon has come a long way since its inception as a controversial NFT project that garnered a staggering $70 million in sales for less-than-attractive Pokémon knockoffs, leading even the game’s founder to label the artwork a “horrible mistake.” Fast forward two years and a change in ownership, Pixelmon is now poised for a significant year ahead in 2024.

Seed Raise and Backing

  • Pixelmon recently announced an $8 million seed raise, with notable backers in the crypto sphere such as Animoca Brands, Delphi Digital, Amber Group, Bing Ventures, Foresight Ventures, Sfermion, Spartan Labs, and others.
  • Angel investors include industry figures like Robbie Ferguson from Immutable, Gabby Dizon from Yield Guild Games, and Richard Banks Bengtson from FaZe Clan, among others.

Evolution and Strategy

  • Following its acquisition by crypto VC studio LiquidX in 2022, Pixelmon underwent a transformation, revamping its initial Minecraft-like artwork into more premium, cartoonish creature models.
  • The current Pixelmon team has developed games around the crypto IP, including the popular “Kevin the Adventurer” and upcoming titles like “PixelPals” and “Hunting Grounds.”

Diversified Offerings

  • Pixelmon is diversifying its portfolio with games catering to different audiences and platforms, aiming to experiment and innovate in the Web3 space.
  • The team plans quarterly releases of hypercasual games, exploring unique gameplay mechanics and interactions on the blockchain.

Decentralized Vision and Mon Protocol

  • Pixelmon’s ambitious goal is to emulate the success of Pokémon as a global entertainment franchise but in a decentralized manner through the Mon Protocol.
  • The upcoming MON token, an Ethereum ERC-20 token, will power the Pixelmon ecosystem, incentivizing NFT holders to contribute to the brand’s growth and governance.

Pixelmon’s journey from NFT punchline to a promising player in the crypto gaming space exemplifies the industry’s dynamic nature and the potential for reinvention with strategic partnerships and innovative tokenomics. The evolution of Pixelmon serves as a testament to the resilience and adaptability required in the ever-evolving world of blockchain gaming and NFTs.

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