Introduction
The PXL token, Pixelsea’s native ERC-20 token, plays a central role in the platform’s revenue model. PXL tokens are used for a variety of purposes, including paying transaction fees, accessing premium features, participating in governance, and more. By integrating PXL into the platform’s core functions, Pixelsea creates a demand-driven economy that incentivizes users to hold and use the token. A portion of the revenue generated from transaction fees and premium features is also used for token buybacks and burns, helping to maintain the token’s value and scarcity.
Allocations of PIXELSEA token
The PXL token is designed with a well-balanced tokenomics model that supports the growth and sustainability of the Pixelsea ecosystem The total supply of PXL tokens is capped at 100 million, ensuring that the token remains scarce and valuable. This limited supply is allocated strategically across various aspects of the platform, including development, marketing, community rewards, liquidity provision, and team compensation.
Community Rewards
5% of the total token supply is allocated for rewarding the community through incentive programs like staking, governance participation, and other initiatives to drive engagement.
Partnerships
Another 5% is reserved for forming strategic partnerships that can help expand Pixelsea’s presence and grow its network through collaborations.
Early Investors
5% of the supply is set aside for early investors, recognizing their contribution and trust in the platform’s early stages of growth.
Team
10% of the total tokens are allocated to the team behind Pixelsea as incentives to maintain their commitment to the platform's long-term success.
Ecosystem
Another 10% is dedicated to ecosystem growth, helping build partnerships and supporting decentralized applications (dApps) within the Pixelsea platform.
Future Development
20% of the total supply is reserved for future development, ensuring continuous growth and improvement of the Pixelsea marketplace, integrating new features, and scaling the platform.
Liquidity Provision
Another 20% is allocated for liquidity provision to maintain healthy token trading across exchanges and ensure stable market conditions for PXL tokens.
Burning
The largest portion, 25%, is allocated for burning. This process reduces the total supply over time, creating scarcity and potentially increasing the value of the remaining tokens in circulation.
Pixelsea : The Multichain NFT Marketplace
Roadmap