Pixelmon to Launch on Immutable zkEVM Blockchain in Partnership with LiquidX
Immutable, the firm renowned for its gaming-centric Ethereum scaling networks, has announced a partnership with LiquidX, the studio behind the popular game Pixelmon. This collaboration will see Pixelmon being launched on the Immutable zkEVM blockchain, which recently opened in early access mode for select developers.
Pixelmon initially gained attention in 2022 when its NFT creature sale generated a staggering $70 million. However, it faced criticism due to the unimpressive artwork of its clunky monsters, causing NFT prices to plummet. Nevertheless, LiquidX acquired the project in 2022 and embarked on a mission to revamp its plans. As part of this overhaul, the studio introduced new and improved artwork and announced its intentions to release multiple games of varying sizes.
Earlier this month, Pixelmon made headlines again by securing an $8 million seed funding round ahead of the launch of its MON token, which will drive a decentralized IP model. By leveraging the power of Immutable zkEVM, which is powered by Polygon’s zkEVM technology, Pixelmon aims to provide a seamless user experience through custom smart contract support, advanced gameplay mechanics and tokenomics, and an efficient trading experience.
Immutable co-founder and President, Robbie Ferguson, expressed his excitement about the partnership, stating, “Pixelmon is an incredible turn-around story, and is focusing on delivering their flagship title with a seamless user experience. They are one of the main games I would be looking at to help drive mainstream activity in 2024.”
Pixelmon has been gradually revealing more details about the MON token, including tokenomics and plans for a community pre-sale. It is confirmed that MON will be minted as an ERC-20 token. However, it remains unclear whether the token will be minted on Immutable zkEVM or the Ethereum mainnet.
MON TOKENOMICS OVERVIEW
• Total Supply: 1 billion MON tokens
• Community Claim: 30%
• MON will be issued as an ERC-20 token
• The total supply of MON tokens will never increase
Pixelmon’s partnership with Immutable and its decision to launch on the Immutable zkEVM blockchain platform signify a significant step forward for both the game and the blockchain gaming industry as a whole. With the promise of enhanced user experiences and innovative gameplay mechanics, Pixelmon is poised to make a lasting impact and attract mainstream attention in the years to come.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Please do your own research before engaging in any investment activities.
Analyst comment
Positive news: Pixelmon partnering with Immutable and launching on the Immutable zkEVM blockchain platform is a significant step forward for the game and the blockchain gaming industry. With improved artwork, advanced gameplay mechanics, and a decentralized IP model, Pixelmon is expected to attract mainstream attention and have a lasting impact on the market.
As an analyst, I predict that this partnership and launch will lead to increased adoption of blockchain gaming and drive mainstream activity in the market. The seamless user experience, custom smart contract support, and efficient trading experience offered by Immutable zkEVM will contribute to the success of Pixelmon and the wider blockchain gaming industry.
