PixelTap Creator Secures $2M Funding as $PIXFI Token Launch Date Announced
Pixelverse, developer of the Telegram-based game PixelTap, has secured an additional $2 million in funding ahead of its token generation event (TGE).
- The PIXFI Token will launch on the TON Network on July 18 at 12pm UTC (should be 8PM Manila Time)
- Bitget and Bybit have announced the listing of $PIXFI token on its platform.
What’s the Significance: This shows that more investors now recognize the growing interest in tap-to-earn games within the Telegram Mini-Apps Ecosystem, potentially leading to bigger rewards and more airdrops for players. [Read more: List of Free Telegram Games with Potential Airdrop]
The $2 million raised by Pixelverse is for its second round of funding. In the first round, the company secured $5.5 million. The fundraising was participated by:
- Galaxy Interactive
- Crit Ventures
- Arc Community
- Alex Krug
- Luke Belmar
- Mike Dudas
- A pseudonymous Coco Bear
Key Quote:
“We are expanding into Pixelverse media and several product lines to ensure the long-term sustainability and profitability of our operations. This fundraising will support our growth right before our TGE which is coming this summer.”
Kori Leon, Co-Founder and Chief Operating Officer, Pixelverse
By the numbers: (As of July 15, 2024)
- 70 Million: Pixelverse ecosystem total users
- 13 Million: Daily active users
- 9.9 Million: Telegram community
- 2.7 Million: X followers
What’s Next? Though the exact date is unconfirmed, Leon said the token launch will be “this summer” while the airdrop is set to happen this quarter.
Worth Reading:
- Earlier this month, Pixelverse confirmed that it will be launching $PIXFI on The Open Network.
- BitPinas created a guide on how to play PixelTap and farm airdrop points.
This article is published on BitPinas: PixelTap Creator Secures $2M More Funding Before Token Launch
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