PIXEL Wallet represents a new approach to cryptocurrency mining. Users can accumulate PIXEL native currency by simply pressing the “Claim” button at certain intervals, reminiscent of the mechanism of the HOT project.
All features of PIXEL Wallet
This simplified process requires minimal investment of time – just a few minutes every day. However, the real potential of this platform is revealed beyond this basic functionality.
Advantages of using PIXEL Wallet
What sets PIXEL Wallet apart is its comprehensive nature. It is not just a mining tool, but a full-fledged wallet integrated into the wider ecosystem. Users get access to a multifunctional wallet that interacts with various services and allows various operations with funds.
In fact, PIXEL Wallet offers an innovative approach to mining combined with extensive financial transaction capabilities, all in an intuitive interface.
Mining PXLs: How to get started?
The whole process consists of the following simple steps:
- Go to the Pixel Wallet bot in Telegram and click “Create New Wallet”.
- Save the 12-word passphrase. In the future, the wallet will not show it, only the private key. This step creates your wallet on the SGB network.
- Open the miner page using the public key and the “MINING” button on the main page. Here PXLs will accumulate in the “Storage” section. It is important to periodically check in and click “CLAIM PXLs”.
- Improve Storage and Drill with PXLs in the “Builds” section. It is recommended to upgrade immediately after accumulating enough coins. The first two levels are Drill, then Storage. There is also an “Inventory” section where you can use items in slots. These items drop once a week as NFTs if you stamp at least once a day.
Future plans and features
The wallet appears to run on the Songbird network, similar to the Flare testbed, and could potentially become a key player in this ecosystem.
An important advantage is the presence of the SGB token on major exchanges such as MEXC, Gate.io and Kraken, which makes it easy for users to withdraw funds instantly.
Although the wallet’s internal exchange rate is not currently displayed, it is expected to appear with the launch of liquidity pools. This will enable token exchanges in the wallet, increasing users’ access to various financial transactions.
Referral program
The project roadmap includes exciting features such as the creation of custom gaming NFTs and services to increase profitability. Although detailed information is mainly available in English, successful development of the project may lead to translations for the Russian-speaking community.
Additional planned features include item creation and educational resources, which promises to greatly expand the functionality of the project.
It’s worth noting that these upcoming improvements and referral schemes may require separate reviews if PIXEL Wallet takes off and delivers on its promises. At this stage, it is premature to analyze unimplemented functions in detail.
The mining rate of PIXEL Wallet can be increased, as in the HOT project. The starting rate is 0.01 PXL per hour, with 1 PXL valued at $0.175 in the menu. However, these figures should not be the sole basis for profitability calculations, as they may change. PXL price may be affected by liquidity pools and mining rates may increase.
The platform also offers a referral program that gives users 20% of direct referral earnings and 5% of second-level referral earnings, providing an additional income stream.
Conclusion
Currently, users can complete several free CLAIMs before needing to top up their SGB wallet to pay fees. The development team plans to simplify this process, possibly by implementing a system similar to HOT, where users can either pay fees for full withdrawals or choose free CLAIMs with a 30% deduction.
In any case, the low rate of SGB means that a small amount of tokens should be enough for long-term use. As an example, the author spent only 0.3 SGB per month.
In summary, PIXEL Wallet offers an interesting combination of simplicity and potential. Although it is important to approach with caution, the platform’s unique features and integration into the ecosystem make this project worthy of attention in the ever-evolving world of cryptocurrencies.
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