Param Labs (PARAM), a game and infrastructure development firm, has partnered with Pixelverse (PIXEL) to enhance their gaming experience.
The firm Param Labs (PARAM), which develops games and infrastructure, has announced that it has formed a strategic cross-IP relationship with Pixelverse (PIXEL), a browser game and mini-application with a quest structure created for the Telegram messaging platform.
The cyberpunk-themed game environment Pixelverse is renowned for its Web3 integration and captivating gameplay. It is user-friendly because of its anti-cheat mechanism, which makes it easier for new users to join Web3. For devoted gamers, the platform grants full ownership of in-game items and prizes, improving the overall gaming experience.
In order to strengthen the story and broaden the game’s universe, Pixelverse will incorporate its intellectual property into Param Labs’ next shooter game, Kiraverse, as part of their partnership.
By distributing tokens to early donors equitably, our collaboration seeks to reward committed participants. Param Labs and Pixelverse will award tokens to active and deserving gamers as a more useful alternative to conventional airdrop methods.
Furthermore, the collaboration will facilitate a smooth assimilation of Pixelverse characters into Kiraverse. Thanks to this cross-game asset collaboration, users will be able to play as their preferred Pixelverse characters in the Kiraverse game, which will improve the overall user experience.
Pixelverse CEO Kirill Volgin stated, “Working with Param Labs brings real utility to the Web3 community.” “We are thrilled that players can enjoy their beloved Kiraverse characters, which embody the genuine essence of Web3 integration,” he continued.
Pixelverse and Param Labs hope to promote widespread adoption and improve gaming by merging their unique communities and strengths to make it more rewarding and interesting for players all over the world.
Param Labs: What Is It?
AAA design and technology development, as well as the creation of multiplayer blockchain games, are the primary focus of Param Labs, an independent game and infrastructure development business. Venture capital firms like Mechanism Capital, Animoca Brands, and Delphi Ventures, among others, backed the startup, which recently completed a $7 million investment round.
Param Labs is currently developing Pixel to Poly, a center for the mass creation of metaverse assets, and Kiraverse, the company’s first free-to-play game. With Kiraverse, players can gain virtual currency by engaging in open-world and competitive game modes.
In addition to playing risk-based matches to earn bitcoin, players can join teams to gain tokens and assets that they can trade freely. They can also use the Pixel to Poly service to import creative characters into the game.
Several cryptocurrency exchanges, including Bitget and Gate.io, have announced the upcoming launch of Param Labs’ token, known as PARAM. Furthermore, starting on May 29th, users will be able to stake assets to earn a share of PARAM tokens as part of the project’s participation in the Bybit Launchpool.