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What is 7Pixels and their mission?
7Pixels is an NFT marketplace that aims to be a frontier of a truly democratized NFT metaverse economy. It seeks to redefine the value of NFTs, enhance user experience, and create value for all stakeholders. The mission of 7Pixels is to unlock the vast potential within the Metaverse and NFT niche, maximizing value for every user.
How many 7PXS coins are there in circulation?
7Pixels is launching with 300 Million 7PXS tokens created on the BSC blockchain.
Where can I buy 7Pixels tokens (7PXS)?
7PXS is available for trading on Lbank exchange.
What is the utility of the 7Pixels tokens (7PXS)?
7Pixels' native token will be used for governance, NFT transactions, and accessing the platform's services and products. Token holders can also earn staking rewards by locking their 7Pixels tokens and contribute to liquidity pools. Additionally, holders will have voting rights and the ability to influence platform modifications through DAO governance.
What makes 7Pixels unique?
7Pixels stands out with its community-driven NFT-Metaverse ecosystem, allowing wider community participation and enabling the role of endorsers.
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What Is 7Pixels and their mission?
7Pixels is an NFT marketplace. 7 Pixels will be a new frontier of a truly democratized NFT metaverse economy. It's fulfilling this vision through a variety of different ways, such as redefining the value of NFTs to enhancing users experience and ultimately creating value for all stakeholders.
The mission of 7Pixels is to open up the vast potential within the Metaverse and NFT niche to maximize value for every user. To also be a frontier of a decentralized metaverse economy by redefining the value of NFTs, enhancing the metaverse experience, and enabling value-creation for all participants.
How Many 7PXS Coins Are There in Circulation?
7Pixels is launching with 300 Million 7PXS tokens created on BSC blockchain.
Where Can I Buy 7Pixels tokens (7PXS)?
7PXS is available for trading on Lbank exchange.
What is the utility of the 7Pixels tokens (7PXS)?
7Pixels' native token will be used for governance, carrying out NFT transactions, and will be instrumental in accessing the platform's services and products.Staking Rewards: Lock $7Pixels tokens to unlock staking rewardsHolders can lock 7Pixels tokens in the platform's staking program and earn passive income and staking rewards for contributing to various liquidity pools.DAO Governance: Decide the future and direction of 7Pixels7Pixels' goal is to become a completely decentralized, community-driven NFT marketplace. Holders of $7Pixels will have voting rights and the power to leverage their token holdings to debate, propose, and vote on all modifications to the platform.Liquidity Pool: Benefit from DeFi solutions7Pixels token holders will also be able to stake on their favorite NFTs in the 7Pixels liquidity pool.Fees: Access the 7Pixels experience with exclusive events
What Makes 7Pixels Unique?
Community-driven NFT-Metaverse ecosystem7Pixels allows wider community participation in the NFT-Metaverse ecosystem by enabling the role of endorsers in a marketplace where interactions were earlier limited to buyers and sellers. These endorsers will be instrumental in backing their NFTs of choice, which will help in determining their valuation. Anyone can become an endorser and their involvement drastically changes the NFT marketplace dynamics by allowing community participation in driving value to the entire ecosystem.
Fair Price Discovery for NFTsUntil now the pricing of NFTs were decided by sellers and buyers depending on the listing and bid prices. Such practice is not reflective of the assets real value, making the determination of a fair price virtually impossible. By enabling community participation in their role as endorsers, 7Pixels provides a basis to decide the NFTs prices. A simple concept that benefits everyone, the number of endorsers or total stakes behind each NFT will determine the value. In return, endorsers stand to receive a reward for their proactive involvement in the system.
All-Inclusive DeFi ModelThe DeFi elements in any project enable the community to earn rewards for participation. It acts as a great incentive mechanism for participants by offering a passive income stream. So far, none of the projects have seriously considered integrating NFT-Metaverse and DeFi ecosystems to leverage the benefits of both worlds. 7Pixels is set to change it all by enabling seamless integration between the NFT-Metaverse and DeFi ecosystems. The DeFi features on 7Pixels includes a unique staking model that enables endorsers supporting NFT listings to unlock financial opportunities.
Low BarriersThe majority of the NFT and Metaverse ecosystems in the industry are built on the Ethereum protocol, leading to significant cost overheads in the form of mining and transaction fees. The gas fees on the Ethereum blockchain have created a hindrance to adoption for many as it has become common for the transaction fees to exceed the cost of NFTs on various occasions. To overcome this issue, 7Pixels has based its ecosystem on the EVM compatible Binance Smart Chain protocol instead of Ethereum.
More Utility, More ValueThe utility of NFTs has so far been limited to its collectible value, effectively restricting its benefits for users to the appreciation of its underlying assets or at the time of sale. 7Pixel enables NFT owners to make the most of their assets by expanding its utility to include renting NFTs to fellow community members as well as its use as collateral for loans on DeFi protocols.
Enhanced Metaverse ExperienceFor the first time, creators will get a chance to display their NFTs in exclusive virtual metaverse exhibitions and other interactive activities on the 7Pixels ecosystem. The 7Pixels solution is designed to provide a surreal metaverse experience through events, co-working spaces, and meta-neighborhoods.
- Reverse Bidding7Pixel redefines the NFT Marketplace model by implementing a reverse bidding process where bidders can put requests for bids on their favorite NFTs. In such a process, sellers will be competing to sell their assets to buyers instead of the other way around, enabling buyers to get the best price.