Pixie (PIX) Review: Crypto-Based Photo and Video Sharing Social Network in Web3

What Is Pixie (PIX)?

Pixie is the fully functional crypto-based photo and video sharing social network in Web3 with SocialFi concepts. They empowers users to truly take ownership of their data. Users can mint posts into NFTs, which can be easily exported to other supported platforms. They defines a brand new “Creator Crypto-Economy” model and rewards users for their social activities with crypto PIX. They works with all its users to build a decentralized social network where users can manage and share value and profits of the platform together.

Pixie Coin allows users of Web3 to display their Ethereum NFT Asset in Pixie App and share their NFT with other users while earning PIX rewards accordingly, which denotes a real SocialFi platform. Pixie provides users with opportunities to buy Official NFT Cameras (or other NFT items) in order to upgrade users’ Entitlements and speed up earning PIX. Official NFT Cameras are also able to be sold in the NFT market.

Pixie is introducing a brand new Credit system to evaluate a user’s social behaviors and their contribution to the community in a more comprehensive manner. The final Entitlements (Weight, Energy Cap and DAO Votes) users can obtain on the Pixie platform are these of the NFT Camera (or other Official NFT items) Entitlements (Weight, Energy Cap and DAO Votes) multiplied by Credit rating.

PIX Price Live Data

The live Pixie price today is $0.001813 USD with a 24-hour trading volume of $429,175 USD. They update PIX to USD price in real-time. This is down 19.78% in the last 24 hours. The current CoinMarketCap ranking is #3075, with a live market cap of not available. The circulating supply is not available and a max. supply of 100,000,000,000 PIX coins.

Earn More Cryptocurrency PIX

Higher-quality content earns more PIX. Earlier likes and reposts of quality content will receive more PIX. Users with more Weight (user influence) will receive more PIX for social activities.

Connecting Users and Assets of Both Web2 and Web3

You can log in with email or your web3 address. Pixie allows users of Web3 to display their Ethereum NFT Asset in Pixie App and share their NFT with other users while earning PIX rewards accordingly, which denotes a real SocialFi platform.

NFT Cameras are Keys to The Web3 Social World

Users can purchase Genesis Cameras NFT to earn more PIX. The camera includes four parameters: Weight, Energy Cap, Speed and Vote, corresponding to different entitlements.

Credit System to Evaluate User Contribution

Pixie is introducing a brand new Credit system for users to evaluate a user’s social behaviours and their contribution to the community in a more comprehensive manner.

Connecting Users and Assets of Both Web2 and Web3

In Pixie, you can log in with the traditional Web2 method like Email. Or use the Web3 method to log in, i.e. crypto wallet.

You can easily create NFTs through Pixie Chain or import your NFTs from Ethereum or Polygon

Post your imported NFT (like from Ethereum ) with a click of a button. Share your NFT, receive “likes”, and earn PIX rewards

Set your NFT as your avatar. Your friend can verify your NFT avatar through certificate and blockchain explorer

Attributes of NFT Cameras

Energy

To discourage abusive social activities such as indiscriminate likes (spamming) and postings. Pixie applies the concept of “Energy Management”. In Pixie, every social activity consumes Energy. Once a user’s Energy has been used up, the user’s social interactions will be restricted until the Energy is restored automatically over time. The Energy Cap is the Maximum Amount of Energy a user can use.

Weight

Weight determines users’ PIX reward for each social activity (POST, LIKE and REPOST). User’s Equipped NFT Camera will define a user’s Weight. The greater the Weight, the more PIX the user will earn for each social activity.

Speed

Speed refers to the time (hours) needed to restore your Energy. For example, if you have purchased an NFT Camera (with Speed 18), it means your Energy will be fully restored in 18 hours.

NFT Genesis Camera Series

Various NFT Cameras following ERC721 standards were minted, and they are crucial for users to earn PIX in the Pixie platform. NFT cameras include NFT Entry Camera and NFT Genesis Cameras. The quantity of NFT Genesis Cameras is limited. Users need at least an Entry Camera to conduct social activities to earn the Basic PIX Reward (BPR). Users also can purchase Genesis Cameras to earn more PIX rewards. In addition,

NFT Genesis Cameras bring more vote powers for users to build an excellent Web3 social network platform under the DAO mechanism (will be introduced later). All the NFT cameras can be purchased in Pixie and listed and sold in the NFT market in Pixie App. Each Entry Camera and Genesis Cameras include four Entitlements of Weight, Energy Cap, Speed and Vote, corresponding to different Entitlements.

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