What was intended to be the Pokemon of NFT games turned out to be a epic disappointment.
Pixelmon had high hopes as it was introduced to the world as an open-world RPG where Pixelmon creatures are caught, trades and sold as nonfungile-tokens (NFTs) and as 2021 came to a close it had built incredible momentum.
At that time, Pixelmon NFT holders were given land whihc they could use to create digital living spaces or setup a shop as one of the in-game merchants.
Developers of the game raised $70 million via a collection of 10,000 Pixelmon NFTs sold during the month of February, but the project has since hit a roadblock of sorts.
Following their impressive fund raise, the Pixelmon team unveiled the art, and the reaction on social media made Pixelmon the butt of a joke.
Yikes…
Welp, @Pixelmon just made over $70 million dollars and when reveal happened, this is what everyone got. pic.twitter.com/3v6euOIdkT
— Hustler (@0xHustler) February 26, 2022
