Tokenomics

Pixa Tokenomics outlines the economic principles governing the Pixa ecosystem, detailing the token's distribution, utility, and value accrual mechanisms. By understanding these principles, stakeholders can make informed decisions and actively contribute to the platform's growth and success.

Token Distribution

The total supply of Pixa tokens is 1 billion, with an initial release of 250 million tokens. The distribution plan aims to balance the allocation of tokens among various stakeholders, ensuring a fair and decentralized governance model. The initial distribution is as follows:

• Community (54%): A significant portion of tokens is allocated to the community, enabling broad participation in platform governance and decision-making. These tokens are distributed through a combination of staking rewards, liquidity mining incentives, and community events.

• Contributors (22%): Tokens are set aside for the platform's developers, designers, and other essential contributors, acknowledging their vital role in Pixa's growth and development.

• Investors (17%): Early investors receive an allocation of tokens as an acknowledgment of their support and belief in the project's potential. This allocation encourages long-term commitment and alignment of interests between investors and the platform.

• Team (5%): A percentage of tokens is allocated to the core team members behind the Pixa project, recognizing their hard work and dedication. These tokens are subject to a 12-month lock-up period, ensuring that the team remains committed and focused on the long-term success and growth of the platform. This lock-up period helps align the team's interests with those of the project and its community.

• Advisors (2%): A small portion is reserved for industry experts and advisors who provide guidance and strategic insights to the Pixa team, facilitating the platform's success in the competitive digital art and gaming markets.

Token Utility

Pixa tokens serve multiple purposes within the platform, including:

• Governance: Token holders can participate in platform governance by voting on proposals and influencing key decisions.

• Staking: Users can stake Pixa tokens to earn rewards, including exclusive access to ERC721 NFT collections and other platform benefits.

• Platform fees: Users can pay reduced platform fees using Pixa tokens, encouraging token adoption and usage.

Value Accrual

The value of Pixa tokens is derived from their utility within the platform and their role in platform governance. As the ecosystem grows and attracts more users, the demand for Pixa tokens is expected to increase. Several mechanisms contribute to the token's value accrual:

• Marketplace Growth: As more users and projects join the Pixa NFT marketplace, the demand for Pixa tokens for fee payments and governance participation is likely to rise.

• Staking rewards: The exclusive rewards and benefits offered through staking incentivize users to hold and stake Pixa tokens, reducing token supply in the open market and potentially increasing value.

• Platform Upgrades and Innovations: Continuous development and expansion of the Pixa ecosystem contribute to the platform's success, driving demand for tokens and enhancing their value.

In summary, Pixa Tokenomics is designed to foster a fair, decentralized, and sustainable ecosystem, promoting active community participation in governance and decision-making. By understanding and engaging with the tokenomics, stakeholders can contribute to Pixa's success in the digital art and gaming industries.