Pixpel and Concordium bring insurance policy to Web 3.0 gaming

Pixpel, an early-stage Mexican based start-up has been awarded the "Free and Open Grant '' by the Concordium Foundation to bring an innovative type of "insurance policy" concept to the NFT gaming market.

The soon-to-be-launched P2E platform, Pixpel, will provide a variety of services, including an NFT marketplace and insurance policy to ensure the play-to-earn sector can match Concordium’s signature commitment to safety and accountability in every aspect of Web 3.0

As the first decentralized blockchain with identification at the protocol level, helping facilitate regulatory compliance, Concordium shares Pixpel’s ambition of a legitimate and secure ecosystem for the development and trade of NFTs with in-game utility.

Pixpel’s insurance policy will protect users’ safety and rid the P2E sector of scammers looking to cash in on the lack of regulation and security in the space, thereby giving rise to a safer and more enjoyable Web 3.0 gaming community with a restored reputation.

“Play to Earn makes it possible for anyone to earn money playing their favourite games -an opportunity that has (up until now) only been reserved for the very best at grand tournaments. Unfortunately, the P2E sector has seen scammers looking to cash in on the lack of regulation and security in the space. Pixpel will collaborate with Concordium blockchain to provide the security and accountability the gamers need in order to feel safe.”

Torben Kaaber, Head of Business Solutions at Concordium.

Pixpel founder, Juan Vivas says: “I was 6 years old when I started playing games and fell in love with them, I still play. Later in my life, economics piqued my interest. The Play to Earn games are where my two passions met. I was deeply excited to see the sector growing and becoming an important part of the crypto metaverse, but just as saddened, because of the problems it faced. After a group of my friends suffered because of another mishandled project, I decided to use my knowledge and make the P2E space a better place - the idea for Pixpel was born. Together with Concordium and my team, we are determined to write a new, better page, in the history of P2E.”

Contact

Maria Amalia Rojas

mar@concordium.com

About Pixpel

Pixpel is an early-stage Mexico-based P2E platform offering NFT marketplace, crypto trading exchange and financial services for crypto games with a view to make Web 3.0 gaming safer and more enjoyable for all.  Pixpel will provide a variety of services, including a NFT marketplace, a specialized P2E centralized exchange, and tools to trace the statistics of any project. For more information: pixpel.io  

About Concordium

Concordium is a permissionless layer 1, science-backed blockchain, designed to balance privacy with accountability through its ID layer and the use of Zero-knowledge proofs.

Creating trust with ID is a key to the mass migration of web2 to web3 and beyond.

For DeFi degens, metaverse players, and gamers, it provides a fast, secure, and highly capable platform that makes building and using dApps a simpler, more accessible task. Concordium differs by having the third party verified ID, by offering nearly instantaneous, real finality which hinders roll-back of transactions and offers  low transaction fees, stable in FIAT terms and a large throughput. For more information: concordium.com.