5.2 k views

Is Planet IX a Scam? – A Look into Polygon’s Biggest Play-to-Earn (P2E) Game

Planet IX is a new gaming experience using blockchain and web3 gaming to create a fair and secure ecosystem. Through IXT tokens, players can compete on an even playing field regardless of their starting point in the game.

Tokenomics ensures that everyone has a chance to earn rewards based on their participation and contribution to the game. Nibiru Software, the company behind the project, will use the proceeds from IXT sales to develop and improve Planet IX.

The community and supporters believe IXT is an undervalued gem at its current price, making it an attractive investment opportunity. While investing in crypto is never a safe bet, Nibiru Software appears to be taking steps to mitigate these risks.

We decided to try Planet IX and share our thoughts with the community in this article. We aim to provide an impartial overview of the project and give our opinion on the team’s proposed ecosystem.

What is Planet IX?

Planet IX is definitely not a scam, but a game that wants to reward the players for their engagement. It is a legitimate project with exciting potential. The team is well-prepared and has a solid plan to ensure the project's success.

Planet IX is a new game that uses blockchain technology to create a fair and transparent gaming experience. This technology has the potential to revolutionize the gaming industry. In this context, the team commits to using it to create the largest game ever made.

Web3 technology sets Planet IX apart from other games. This allows the team to create a truly decentralized game that is not in the hands of a single entity. Instead, the players’ community is in charge of governing the project.

The founders believe that this is the future of gaming. The team wishes to create the best possible gaming experience for their community.

The Benefits of Blockchain Technology and Web3 Gaming

Planet IX aims to show the world the benefits of blockchain technology and web3 gaming. 

What do we mean when we claim that this project is transparent? The short answer is that players can see how the game evolves and the economy works. This is in contrast to traditional, centralized games where players do not have this visibility. 

Blockchain technology enables a new level of transparency and fairness in gaming. In Planet IX, players can compete on a level playing field, regardless of their financial situation. This is another issue of many games in this niche, which favor gamers with more money to spend.

The game also aims to educate players about decentralized finance (DeFi) in a fun and interactive way. By playing the game, players can learn about staking, minting, and other concepts without realizing it. 

Finally, web3 gaming provides players with a new level of ownership and control. In Planet IX, players own their in-game assets and can do with them as they please. In contrast, in centralized, conventional games, users do not own their assets.

All these benefits are possible thanks to blockchain technology and web3 gaming. Planet IX is working to be at the forefront of this new and exciting industry.

How New Players Can Compete with Old Ones in Planet IX

It’s no secret that some players have already invested thousands of dollars into the game. Of course, this gives them a bit of an advantage, but it all depends on what players aim to achieve. Planet IX wants to attract multiple players with different financial situations and time to play.

So how can a new player compete with some of the older, more established ones? 

The key is understanding the game mechanics and using them to your advantage. For example, one player with many resources could lend to others in exchange for rewards. This would give both the lender and the borrower an advantage.

Another way to level the playing field is by continuously adding new rules and mechanics to the game. This makes it fairer for everyone and also keeps things interesting.

So, bottom line, yes, you can compete with established players as a new player. Just remember to have fun and take advantage of the game mechanics.

A Look into the Project’s Dynamics

Planet IX is definitely not a scam, but a game that wants to reward the players for their engagement. It is a legitimate project with exciting potential. The team is well-prepared and has a solid plan to ensure the project's success.

Now that you understand a bit more about the game let’s get into how it all works. You need to have some PIX to play Planet IX. PIX works as an ERC-721 asset representing hexagonal Land parcels in the game.

There are 1.6 billion PIX divided into five tiers based on their real-world attributes and geographical rarity. 

You can store PIX tokens in your wallet and trade, sell, or gift them anytime. You need to have some IXT to start developing your PIX. IXT is an ERC-20 token that is fundamental for all in-game transactions. IXT also serves as the game’s governance token and fuels the project’s ecosystem.

Planet IX’s Mission to Educate People on Web3 Gaming

As most readers know, the future of web3 gaming is looking very bright. With the rise of DeFi and NFTs, this space has much growth potential.

Planet IX wishes to educate about DeFi and web3 in a fun and interactive way. You can learn about multiple features in this field by playing the game.

The project’s team also believes that web3 gaming can be a powerful tool for economic empowerment. Blockchain provides a fair and transparent alternative in countries with corrupt financial systems.

Plant IX Partnership with Crowd1

Nibiru Software is the mastermind behind Planet IX. This project falls in the Play-to-Earn (P2E) gaming niche. In the early stages, the team partnered with Crowd1 to offer its users a buy-in into the game.

In collaboration with Planet IX, Crowd1 has developed campaigns and offers for its users. Through this partnership, they have given their users access to unique bargains on in-game items and gameplay elements.

Crowd1 is an established online networking and marketing company. The platform intends to give members worldwide the unique opportunity to participate in the gig economy. This also includes quality education, international networking, and contributing to better digital equality worldwide. 

Is IXT an Undervalued Gem?

Planet IX community and supporters believe that IXT is an undervalued token because of the project’s potential. When considering all the different metrics, such as daily/weekly active users, it’s clear that there is much room for growth. 

In addition, everything in the game is an NFT, another factor contributing to the project’s long-term potential.

Ultimately, the market will be the judge of IXT value. However, it is worth noting that some projects have achieved significant growth despite being in a bear market. Therefore, IXT may be able to do the same.

A Project Launching in a Bear Market Phase

Nibiru software has a solid plan to handle the scenario where they don’t reach their desired value for IXT. They have a large treasury and are constantly bringing in new revenue streams to keep the company stable. 

Also, the team is very humble with its plans and always looks for ways to improve its game. Above all, they aim to adapt and grow if the market ever turns against them.

Considering that the project is launching during a bear market, Planet IX is doing very well. The token is down by 20%, while most other tokens are down by 50%. 

Final Thoughts – Is Planet IX Legit or a Scam?

Planet IX doesn’t seem to be a scam,  but a game that wants to reward the players for their engagement. It is a legitimate project with exciting potential. The team is well-prepared and has a solid plan to ensure the project’s success.

Polygon live price
Matic
Polygon
$0.9300100000
price
0.34357%
price change
TRADE NOW

Our experience when looking into this project was very positive. We believe the team came up with an appealing project design that is worth checking out. For more information about Planet IX, check its website and social media pages (Twitter, Telegram, or Instagram, among others).

Stay up to date with our latest articles

More posts

MUFEX Revolutionizes DeFi with CEX-Like Trading Experience and Lightning-Fast Order Processing

MUFEX, the decentralized exchange (DEX) founded by industry veterans, is making waves in the DeFi space by providing a trading experience that closely resembles centralized exchanges (CEX) while leveraging the benefits of decentralization. With lightning-fast order processing and a diverse range of order types, MUFEX is rapidly emerging as the go-to platform for CEX users seeking a seamless transition to decentralized trading. MUFEX's professional yet easy-to-use interface sets it apart from other DEX platforms. It introduces innovative features such as…

Oscarswap.com Is Here: The Future of DEXs and Yield Farming on Arbitrum

Oscarswap is a decentralised exchange (DEX) that utilises automated market-maker (AMM) technology (DEX built on the Ethereum layer-2 Arbitrum). With the lowest cryptocurrency switching costs available, very profitable yield farming payouts in THREE coins (ETH,OSCAR/USDT), and compounding staking incentives, it is the perfect option for anyone looking for passive income.Unlock the Opportunity to Capture the Entirety of the 100% Protocol's Generated Revenue. It is a DEX by the people for the people!!!! Oscarswap leverages a unique blend of an off-chain…

Herencia Artifex, an NFT project for artistic collaboration across genres, sells the first NFT

Herencia Artifex promotes collaboration across art world boundaries and provides a venue for artists of different backgrounds and styles to come together and produce creative works. The project name "Herencia Artifex" (abbreviated HXA) is Latin for "Herencia" (inheritance) and "Artifex" (artist). The HXA project aims to use NFT to pass on outstanding artists and crafts. This genre-transcending artistic collaboration in the Web3 space will give birth to new art forms and expressions, contributing to enriching the field of art. NFT…

Wojak Inu Goes Live on Dex-Trade, Aiming for New Heights

Wojak Inu, a new memecoin project, is creating a buzz in the crypto world. Recently listed on Dex-Trade Exchange, Wojak Inu offers users an innovative and secure way to invest in digital currency. The project comes with no taxes, locked and burned liquidity pool (LP) tokens, and a renounced contract. With its unique features, Wojak Inu aims for greater heights as it continues gaining momentum in the memecoin niche. The latest listing operation is an essential milestone in its journey…

Cogito announces New Digital Asset Class – Propelling Crypto into a New Era with AI

With the release of its CGV coin, Cogito Protocol is presenting an AI-powered solution in the Crypto space that will change the world. This revolution will begin on SingularityDAO, Seedify, GeniusX, and EnjinStarter on June 2nd 2023. The Cogito protocol provides a framework that creates "tracercoins", which are digital assets with low volatility. These tracercoins are an entirely new asset class – AI-powered, Fiat Independent and have the potential to become the dominant form of exchange and value storage mechanism. …

Earn Network – The DeFi Lending Equivalent to OpenSea is Now Live and Booming

Earn Network, a smart contract-based, open marketplace for connecting liquidity providers and pool creators, has officially launched to fill a void in the DeFi lending sector. The platform aims to provide yield-earning opportunities entirely non-custodial and easy global access to peer-to-peer (P2P) lending. More importantly, it plans to become for decentralized finance what OpenSea is for NFT marketplaces. Boasting an advanced smart contract infrastructure and innovative tools for the creation of staking solutions, Earn Network has the potential to reshape…

Swiss Neuratrade Shakes Crypto Trading with AI and Autonomous Technology

Swiss-based Neuratrade is shaking up the crypto trading industry with its groundbreaking Artificial Intelligence (AI) and Autonomous Technology. Neuratrade's AI market analysis lets consumers earn without cryptocurrency or exchange expertise. The project incorporates cutting-edge technology, transparent earnings projections, daily payouts, and an easy setup process. Neuratrade offers an attractive option for investors looking to capitalize on the growing trend of AI investments. A Competitive Offer in the Growing AI Investment Trend Neuratrade is an AI-powered crypto trading platform developed by…

Generaitiv Announces Upcoming Stage 2 Update with Many New Features

Generaitiv is proud to announce the upcoming release of Stage 2 of its project roadmap in the form of the Stage 2 Update launching June 8th 2023. This evolution will introduce new and exciting features for all users with a focus on model creators and prompt engineers. With the introduction of these new features, Generaitiv continues to push the boundaries of AI-powered generation.  The Stage 2 Update includes $GAI Staking, Prompt Masking, Model Analytics, and more. With this update, Generaitiv…

Introducing DexCheck: The Future of AI-Enhanced Analytics in Crypto and NFT Markets

DexCheck, a pioneering AI-enhanced analytics platform for cryptocurrency and Non-Fungible Token (NFT) markets, is excited to announce its Initial DEX Offering (IDO) set to take place in June. DexCheck will be the first platform to provide AI-analytics and tracking for BRC-20 tokens, setting the stage for the future of blockchain analytics. The IDO will be launched on top-tier launchpads, with a subsequent listing on premier exchanges to follow. As the world of cryptocurrencies and NFTs continues to evolve at an…

WMA: Bitcoin Remains Idle as the Market Recovers Slightly

Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,130 trillion. Bitcoin is trading at virtually the same value as last week - $26,800. Ethereum stagnates after a largely uneventful period at around $1,800. XRP gained almost 10% in value this week to trade at around $0,46. Almost all altcoins are trading in the green, with only a few exceptions. The DeFi sector…