# Pixels (PIXEL): D-Score 26/100 — Centralized Leaning

**BlockIndex D-Score: 26/100 (Centralized Leaning).** Pixels (PIXEL) is a Layer 2 cryptocurrency using Other consensus. Pixels (PIXEL): Ronin-powered game token enabling NFT minting, staking, guild mechanics and future community governance.

_Source: https://blockindex.ai/coin/pixel · Data by BlockIndex.AI · Updated 2026-06-19_

## D-Score breakdown (0-100, higher means more decentralized)
| Component | Score |
| --- | --- |
| Overall D-Score | 26 |
| Node distribution | 0 |
| Initial distribution | 0 |
| Governance | 15 |
| Age and history | 11 |
| Autonomy | 0 |

## Key facts
- Layer: Layer 2
- Consensus: Other (N/A)
- Launch: Other (2022)
- Founder: Luke Barwikowski, Alexander Moyer, Ashwin Kumar
- VC funded: Yes
- Max supply: 5,000,000,000
- Circulating: 3,467,598,153 (69.4%)

## Market data (as of 2026-06-19)
- Price: $0.01
- Market cap: $18.08M
- 24h volume: $8.4M
- 24h change: -4.06% · 7d change: -4.22%

## About
Pixels (PIXEL) is a game-first Web3 token designed to power an open-world farming, exploration and creation experience. Built on the Ronin Network, PIXEL functions as the native utility and governance token for an integrated player economy that emphasizes NFT ownership, on-chain asset provenance, and low-cost, high-throughput transactions. The project positions itself around several core player activities — minting and trading NFTs, purchasing in-game items and premium memberships, participating in guilds, and staking to access quality-of-life upgrades — while maintaining a roadmap that explicitly moves toward community governance and a community treasury. The team and corporate branding reference Banger Inc. (©2022) as the operating entity, and the official sites (play.pixels.xyz, staking.pixels.xyz, marketplace.roninchain.com/collections/pixels-farmland) indicate active ecosystem components and marketplace presence on Ronin.

From a technical perspective, Pixels leverages Ronin’s sidechain architecture to deliver fast, cheap transactions suitable for high-frequency game interactions. The token is described across the supplied sources as operating on the Ronin Network (a PoA-style, application-specific sidechain) and integrates standard on-chain NFT workflows for land, items and collectible assets. Staking portals and marketplace integrations are present in the product stack, and the project emphasizes a developer- and player-facing suite of tooling. Public metadata (CoinMarketCap / CoinGecko snapshots included in the provided material) documents token supply — a hard cap of 5,000,000,000 PIXEL and a circulating supply snapshot of roughly 3.187B — and shows active market trading, historical price extrema, and holders metrics. While the whitepaper is referenced on the official site, the supplied extracts did not include a direct whitepaper URL or complete on-chain token technical specification (decimals, full contract ABI or chain ID) beyond a truncated smart-contract address.

In terms of use cases and ecosystem applications, PIXEL is oriented around play-to-own mechanics and social gameplay. The token is used for NFT minting, marketplace transactions, guild participation, and premium access (Battle Pass-like memberships), and is planned to serve as the governance instrument for a future community treasury. The integration with Ronin’s marketplace and in-game storefronts positions PIXEL for use-cases common to Web3 gaming: in-game economies, cross-player marketplaces, and asset monetization for creators. Adoption indicators in the provided material include active marketplace listings on the Ronin marketplace, an explicit staking portal, and CoinMarketCap/CoinGecko tracking; the site also claims large player reach (a “OVER 10 million players” statement in marketing copy) but independent verification for engagement metrics was not supplied in the provided extracts.

Tokenomics and distribution details in the available materials are partially documented: a maximum supply of 5,000,000,000 PIXEL and a circulating snapshot of ~3.187B (≈63.75%) are recorded in market-data snapshots. Market metrics captured in the supplied data show a historical ATH of $1.02 (2024-03-11) and a reported ATL of $0.007615 (2025-12-23), with a snapshot price in the provided material of $0.008054 and a market cap of approximately $25.67M. The supplied sources do not specify precise premine or initial public distribution percentages, and explicit PIP or pre-sale allocations were not present in the extracted content. Governance is described as a future objective rather than an active on-chain DAO: PIXEL is planned to be used for community treasury governance at a later stage, and the materials indicate that on-chain governance and voting mechanisms are not yet fully implemented. Corporate branding (Banger Inc.) and references to investors appear in the official materials, indicating a company-controlled project with VC/investor backing referenced but not disclosed in detail.

Operationally, the combined summary reveals an active but partially opaque development posture: biweekly updates and a featured roadmap are referenced on the official site, but detailed technical documentation, founding-team biographies, and a complete historical timeline for protocol upgrades are not present in the supplied extracts. Infrastructure and wallet support items are present (Ledger hardware wallet compatibility, Electrum references, browser wallets like MetaMask/Phantom/Nami in broader wallet support listings), and exchange listings on several centralized venues are indicated by CoinGecko/CoinMarketCap market captures. Key gaps remain in the supplied data — notably exact founder/CEO identifications, explicit premine/PIP percentages, and a full node/network count — and these items would need authoritative on-chain or primary-source documentation (tokenomics page, contract explorer pages, or audited disclosures) to be filled with confidence.

## Links
- Website: https://www.pixels.xyz/
- Whitepaper: N/A
- GitHub: N/A

---
About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore