- Pixelmon launched in 2022 with poorly received NFT artwork but has rebounded under new ownership and $8 million in funding. The game will now launch on Immutable’s zkEVM blockchain.
- Pixelmon originally generated $70 million from an NFT creature sale in 2022, but prices plunged due to ugly artwork. LiquidX later bought Pixelmon and overhauled its plans.
- Pixelmon is debuting a MON token that will power a decentralized IP model. The token will launch as an ERC-20 with 30% set aside for community claims.
The Pokémon-esque crypto game Pixelmon is making a comeback. After a rocky start with poorly received artwork, the game has rebounded under new ownership. Pixelmon recently announced an $8 million funding round and plans to launch on Immutable’s zkEVM blockchain.
Pixelmon’s Humble Beginnings
Pixelmon first launched in 2022 with an NFT creature sale that generated $70 million. But the creatures were widely ridiculed for their ugly artwork. The project’s founder called the artwork a “horrible mistake” and NFT prices plunged.
A Change in Leadership
But LiquidX bought the project later in 2022 and overhauled its plans. The new team created polished new artwork and revealed plans for multiple game releases. Earlier this month, Pixelmon announced an $8 million seed funding round.
Partnership with Immutable
Pixelmon will launch on Immutable’s zkEVM blockchain, which recently opened to developers. By building on zkEVM, Pixelmon aims to leverage advanced gameplay mechanics, efficient trading, and custom smart contracts.
The MON Token Launch
Pixelmon is debuting a MON token that will power a decentralized IP model. MON will be minted as an ERC-20 token, though it’s unclear if it will launch on Immutable or Ethereum. MON will have a total supply of 1 billion tokens, with 30% set aside for a community claim.
With new ownership, funding, artwork, blockchain integration and a token launch, Pixelmon has executed an impressive turnaround. The game is now poised to be a leading blockchain game in 2024. Immutable called Pixelmon “one of the main games” that will drive mainstream blockchain gaming adoption this year.