Token

PIXEL

Pixels

Ronin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/pixels-team-gifts-ronin-network-stakers-with-20-million-pixel-token-airdrop" rel="noopener noreferrer nofollow">Pixels Team Gifts Ronin Network Stakers with 20 Million PIXEL Token Airdrop</a><br></p>
<p style="text-align: justify">The Pixels team has made headlines by announcing a generous PIXEL token airdrop, totaling 20 million, aimed at rewarding users of the Ronin network who stake RON tokens. This initiative is a token of gratitude towards the game project’s loyal community.</p>
<h2 id="staged-distribution-to-engage-ronin-network-supporters">Staged Distribution to Engage Ronin Network Supporters</h2>
<p style="text-align: justify">In a strategic move, the PIXEL token was launched into the market, and on a prior date, a snapshot was taken to determine the eligible participants. The allocation of the airdrop is tiered, based on the amount of RON staked by users, and it will be executed in two distinct phases. The distribution could potentially result in rewards of around 3.955 PIXELs per qualifying wallet.</p>
<p style="text-align: justify">Committed to facilitating a smooth reward claim process, the Pixels team has decided to direct the tokens to the game’s in-built mailboxes of the participants. This method also aims to encourage participation from both existing and prospective community members.</p>
<h2 id="analyzing-the-impact-of-airdrops-on-user-engagement">Analyzing the Impact of Airdrops on User Engagement</h2>
<p style="text-align: justify">The effectiveness of airdrops in fostering long-term user engagement has been under scrutiny, with events like the Starknet token giveaway highlighting the transient nature of some participants’ involvement. Analysts critique that despite the initial surge in activity, a significant drop in user retention is often observed post-airdrop.</p>
<p style="text-align: justify">In contrast, <a href="https://en.bitcoinhaber.net/surge-in-global-cryptocurrency-ownership-a-2023-market-analysis" rel="noopener noreferrer nofollow">cryptocurrency</a> analyst Miles Deutscher suggests that airdrops present a low-barrier entry point for newcomers to the crypto market. Amidst these debates, the PIXEL token has witnessed a 24% rise in value following its trading debut, with a notable trading volume that underscores the strong interest from investors.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/pixels-team-gifts-ronin-network-stakers-with-20-million-pixel-token-airdrop" rel="noopener noreferrer nofollow">Pixels Team Gifts Ronin Network Stakers with 20 Million PIXEL Token Airdrop</a></h5>

Pixels Team Gifts Ronin Network Stakers with 20 Million PIXEL Token Airdrop

Table of Contents

BH NEWS

Other articles published on Feb 19, 2024

Worldcoin’s WLD Sees Remarkable Gains as Adoption and Whale Purchases Propel Momentum

Mysterious Institution Accumulates Over $216,000,000 Chainlink (LINK) in Two Weeks: Lookonchain

This altcoin is about to pull off Solana’s 8X leap from 2023—up 400% already!

Ethereum Whale Buys $155.7 Million in ETH as Price Nears $3,000

OpenAI Eyes Acquisition of UK-Based AI Chipmaker for IPU Technology

Trader made 1280x profit on SORA token

Join our free newsletter for daily crypto updates!