Binance launches social web3 game PIXEL on Ronin Network, competing with Sponge V2’s P2E game on Polygon network.
Binance has unveiled its latest endeavor: Pixels (PIXEL), a social web3 game built on the Ronin Network. This announcement arrives as Binance’s 46th project.
PIXEL is a social web3 game tailored for operation on the Ronin Network. PIXEL promises users an immersive gaming experience combined with decentralized finance (DeFi) and blockchain technology.
In addition to the PIXEL launch, Binance introduces the PIXEL Launchpool on its platform. This initiative enables users to engage in staking and farming activities to earn PIXEL tokens.
Meanwhile, Sponge V2 has been generating attention with its own play-to-earn (P2E) game on the Polygon network.
Sponge V2 and its Play-to-Earn (P2E) Game
Sponge V2, a meme coin recently relaunched on the Polygon network, has garnered attention for its innovative play-to-earn (P2E) game. The token’s integration with the Polygon network offers users faster transaction processing and lower fees, enhancing the overall gaming experience.
Sponge V2’s staking feature enables investors to earn substantial returns, with stakeholders on the Polygon network enjoying over 7,000% returns, surpassing the 200% returns offered on Ethereum.
What distinguishes Sponge V2 is its upcoming P2E game, where players can race as popular cartoon characters and earn SPONGE tokens as rewards for their achievements.
Recent Developments with Sponge V2
Trading of Sponge V1 on centralized exchanges halted on February 5th, prompting stakeholders to withdraw their holdings and engage in staking via the Sponge website. This transition facilitated a smooth migration to Sponge V2, where stakeholders received Sponge V2 tokens at a 1:1 ratio for their V1 holdings.
Investors who missed the initial claim window for Sponge V2 tokens during the transition period still have the opportunity to obtain them through the official Sponge website. The relaunched token maintains its previous price to ensure a seamless transition for stakeholders.
The Sponge community holds an optimistic outlook for Sponge V2, aiming to surpass its previous all-time high of $0.0012. Several factors contribute to this optimism, including the token’s revamped staking model, integration with the Polygon network, and the upcoming launch of the play-to-earn racing game.
Rumors surrounding potential involvement from industry figure Justin Sun, founder of TRON, have stirred excitement within the Sponge community. Sun’s past engagement with meme coins and recent transactions involving Ethereum have sparked speculation about his potential interest in Sponge V2, heightening anticipation for potential market gains.
As $SPONGE tokens continue to gain traction on the Polygon network, they remain a token of interest, with the community closely monitoring their progress as they approach the potential for a 100x return on investment (ROI).
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