Apr 15, 2024
Pixelmon aims to create a virtual metaverse where you can connect with friends. At the same time, you can battle, train and bond with your Pixelmon while constantly exploring the unknown. Pixelmon reached out to BrightNode to seek help with their Tokenomics strategy. This required expertise and experience in building robust Tokenomics frameworks. It also entailed an in-depth understanding of gamer and community behaviour in the gaming and NFT space. The partnership between Pixelmon and BrightNode, as hoped, has resulted in the creation of real value for all stakeholders.
The client | Pixelmon
Most notably, Pixelmon is revolutionising the gaming ecosystem with its innovative Right-of-Game mechanism that redistributes part of the IP royalties back to OG NFT owners. This model aligns interest between investors, players and creators within the Pixelmon ecosystem. The in-game DAOs support this system by acting as coordinators and promoters of the game; needless to say, the governance token distribution is central to this model. The Pixelmon Game has a full markeplace where web3 players can trade in game assets, and a full stack of NFTs for the main in-game assets (including land, tools, skins, weapons and Pixelmons). As a result, players can own, trade and participate in the overall development of the game economy.
BrightNode’s contribution
BrightNode supported Pixelmon through the following activities:
Governance Token allocation, distribution, and release schedule strategy
Revenue redistribution to NFT owners (Right-of-Game)
Full Tokenomics critical revision
Play-to-own best practices for sustainable growth
In summary, BrightNode worked alongside Pixelmon in-house tokenomics expert to create a vibrant and effective ecosystem supported by a robust tokenomics system for Pixelmon. BrightNode is Pixelmon's partner.
Check out BrightNode's Tokenomics consulting.
About BrightNode
BrightNode provides integrated services across Tokenization, Product Development, Tokenomics and Marketing for businesses looking to harness the power of Web3.