P2E is Dead? Long Live P2E! With Pixels.xyz

Mar 19, 2024

Discussing the rise and fall of Play-to-Earn in the crypto winter, Pixels.xyz's success with 500,000 Daily Active Users, their belief in sustainable P2E, $PIXEL token utility, and partnership with Yield Guild Games. Insights on Web3 gaming, in-game economies, guild dynamics, player engagement, and scaling strategies for Pixels.xyz. Vision for Web3 gaming and transitioning from web two to web three.

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Introduction

00:00 • 2min

Exploring Web3 Gaming with Pixels.xyz

02:26 • 13min

Unraveling the Complexities of Web3 Gaming Economies

15:46 • 30min

Balancing Player Engagement & Earning Incentives in Play-to-Earn Games

45:38 • 7min

Exploring the Evolution of Web3 Guilds and Partnership Dynamics

52:33 • 2min

Evolution of Gaming Models and Scaling Strategies for Pixels

54:30 • 2min

Transition and Vision for Web Three Gaming

56:45 • 3min

After the meteoric rise - and equally meteoric fall - of Axie Infinity, the term “Play-to-Earn” lost much of its cachet, and web3 developers avoided the term throughout the 2022-23 crypto winter. Adjacent concepts such as “Play-and-Earn” or “Play-to-Own” proliferated instead while developers and investors largely ignored the genre, and P2E was effectively declared dead.

But not all developers felt this way. Through the crypto winter, Pixels.xyz continued to believe in their thesis, that if done thoughtfully and methodically, P2E can be sustainable. Now, almost 3 years after they started building their social farming sim, Pixels.xyz has hit 500,000 Daily Active Users with over 80,000 concurrent players during events, has announced a partnership with Yield Guild Games and is about to introduce the biggest overhaul of the guilds concept in any web3 game.

In this episode your host, Niko Vuori, talks with Luke Barwikowski, Founder, CEO & CTO of Pixels.xyz, and dives into how it quietly grew into one of the biggest web3 games by player count after migrating to Ronin, why Luke believes P2E can be sustainable, what utility the $PIXEL token provides players, and more.

To learn more, visit https://pixels.xyz. You can find Luke Barwikoski on LinkedIn.

Big thanks to GRID for making this episode possible. GRID is a game data platform providing esports data infrastructure, analytics, and distribution solutions to leading game publishers including Riot Games, Ubisoft, and KRAFTON. If you're a fan, developer, or entrepreneur with an idea for a live data-powered project, make sure to apply for GRID Open Access, get free access to official data, and start creating today! To learn more, visit https://grid.gg/?utm_source=naavik.co&utm_medium=media&utm_campaign=Naavik

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Sound design by Gavin Mc Cabe.