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PixelPotus Introduces: A Trading Card Game, Pixel Tokens, Lending-Borrowing NFTs And pxlDAO Governance Token

PixelPotus introduces the next phase of the platform: a Trading Card Game, PIXEL tokens, Lending-borrowing NFTs and the pxlDAO governance token

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Pixel Potus

Pixelpotus has been in the top 3 of Tezos dApps on DappRadar for a while now (most users):  We covered the launch of Pixelpotus in the beginning of June this year and described the platform as an NFT trading platform for “NFT collectibles with a competitive element”.

This mix has been proven to be quite successful. The NFTs are called “POTUS” which is the abbreviation of “President Of The United States”.

The goal is to navigate through the different stages of scarcity and try to upgrade a POTUS to the most scarce level of all: unique. Read more about the initial stage of the game in our previous article.

The first period of the platform seems to be just the beginning though. 

Now Pixelpotus takes it to the next level. The POTUS NFTs will play a central role in a Trading Card Game.

Additionally, a utility token is introduced, a governance token is introduced and last but not least, you will be able to lend other players your POTUS and earn revenue. Unique POTUSes will earn revenue even without lending them out.

“POTUS Debates” Trading Card Game (~Nov 2021) 

POTUS Debates will be a turn-based strategy trading card game where players try to exhaust the other player’s fortitude while managing their own. You can read more about the game in the Medium post here.

PIXEL Tokens and pxlDAO Tokens

PIXEL is the utility token of the POTUS ecosystem and beyond. It will be used to pay for in-game assets, perks and services in the projects.

To be able to play the game, you will need PIXEL tokens (although you can also play in the practice room for free). Both players will pay the fee and the winner will earn 75% of the total fee, which comes down to 150% of what you paid to play the game.

The remaining 25% will be distributed to Unique POTUS holders (5%) and to the platform (20%).

The total supply will be 1,000,000 PIXEL. 10,000 PIXEL (1%), will be proportionally airdropped to the top 500 PixelPotus players based on a snapshot of their rarity score on November 23rd, 2021 at Midnight UTC.

PIXEL can also be used to farm the PixelPotus governance token pxlDAO. The only way to get pxlDAO will be via farming and a few targeted airdrops.

pxlDAO will be used for voting on the direction of PixelPotus and all future projects produced by the team. It will also be used for unlocking perks for holders and its utility will grow over time.

Rent-a-POTUS Loan System. (Q1 2022)

Only Legendary & Unique POTUSes can be used to play the game. This is the basis for a Rent-a-POTUS loan system. Since it’s time consuming to get through the scarcity levels and mint yourself a Legendary and/or a Unique POTUS, players will be able to borrow a POTUS of that scarcity level via a lending pool.

In return, players will have to share a portion (5–10%) of any PIXEL rewards with the owner of that POTUS. This is a great way to earn passive revenue with your POTUS.

The PIXEL Shop (~Oct 2021)

In the PIXEL shop, you will be able to buy Pixel Swag and Pixel Artifacts. 

 Pixel Swag 

– T-Shirts, Caps, Mugs and more with PixelPotus-themed artwork.

– Unique POTUS owners receive a percentage of profit from swag.

Pixel Artifacts

– One-of-a-kind NFTs in the POTUS universe, commissioned from community artists.

– Some will be airdropped to pxlDAO holders randomly.

– Some will be available for sale and by auction.

Disclaimer

Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.

Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.

Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

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