Pixelmon has made headlines once again, rebounding from its rocky start with an $8M seed investment geared towards the development of its Web3 gaming lineup.
- The Beginnings: Pixelmon stumbled out of the gate with a less-than-stellar NFT launch in February 2022, which led to widespread criticism and scam accusations.
- The Turnaround: Fuelled by its early cryptocurrency success, Pixelmon came under new management by LiquidX, which revamped the project, improving the artwork and game design to ensure quality.
- Investor Confidence: Major Web3 investors, including Animoca Brands, Delphi Ventures, and Cypher Capital have shown their support, backing Pixelmon’s innovative approach to gaming and IP management.
- The Evolution: Pixelmon, founded by Giulio Xiloyannis and Kendrick Wong, is introducing an IP fractionalization system called ‘Mon Protocol’, giving token owners a say in the direction of the IP, while the seed funds will help push the development of Pixelmon’s casual and mid-core gaming portfolio.
- Game Portfolio: On the gaming front, Pixelmon is slated to release ‘Kevin the Adventurer’ and ‘PixelPals’, with a free-to-play desktop title and an open-world RPG named ‘Hunting Grounds’ planned for future release.
Looking beyond gaming, Pixelmon aims to diversify across merchandise, trading card games, animated series, and more, taking full advantage of the brand’s potential.