Released in Apr 27, 2022 ∙ Dude👀.eth, Ramdesign.eth

PixelSweeper

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About

PixelSweepers are designed with a unique utility model where they actively engage in “sweeping the floor” of various NFT collections on the BNB Chain. This means the project uses a portion of the funds raised from minting and ongoing sales to buy the cheapest (floor) NFTs from other prominent BNB Chain NFT projects. These “swept” NFTs are then redistributed back to PixelSweeper holders through two mechanisms:

Staker Pot: Holders who stake their PixelSweepers can win NFTs from collections like PancakeSquad without needing to buy additional tickets.
Player Pot: Holders can purchase tickets to enter weekly draws for another chance to win these NFTs.

Community and Governance: The community plays a significant role in the direction of PixelSweepers. Holders can vote on which collections should be swept next, providing a democratic approach to the project’s activities. This not only engages the community but also influences the growth and utility of the NFTs within the broader BNB Chain ecosystem.

Minting and Distribution: From the initial mint, 9,500 PixelSweepers were made available for public mint, with 500 reserved for marketing and team use. The minting process was quite successful, with the presale and public mint selling out rapidly, showcasing significant interest and community backing.

Market Performance: Post-mint, PixelSweepers have shown strong market performance, with high staking rates among holders and substantial trading volumes on platforms like Binance NFT and other marketplaces. The floor price has witnessed fluctuations, reflecting the dynamic nature of NFT markets.

Inclusivity and Impact: The project aims to elevate the entire BNB Chain NFT ecosystem by redistributing wealth and increasing the value of various collections through strategic floor buying. This model encourages a growing, supportive community where the success of one project can benefit others.

Cultural and Social Impact: PixelSweepers not only focus on utility but also carry a cultural significance by promoting the idea of community-driven growth in the NFT space. It’s a narrative of collective benefit, where owning a PixelSweeper NFT isn’t just about possession but participation in a broader economic and social experiment in the blockchain world.

In summary, PixelSweepers on the BNB Chain stands out for its community engagement, unique utility through NFT redistribution, and its potential to positively impact the broader NFT market on BNB Chain