We may have gone a bit too artistic for your taste with the article title, but PXLCoin is aimed at art, images, designs, etc.
The reason behind PXL Coin is a project called “The Million Dollar Homepage” , a website where you could buy pixels on the website, at the price of 1 dollar per pixel, 1 million pixels in total. It was a great concept that drew a lot of attention, and made the headlines for quite some time.
We have seen “clones” of that project in the world of Cryptocurrency too. There were sites selling pixels for Bitcoins, Litecoins, and other currencies, but none of them actually got any huge response.
This is where PXL Coin comes in. It attempts to recreate the “Million Dollar Homepage“ with a specially developed Cryptocurrency. As you (should) have figured out by now, PXL stands for “pixel”.
However, PXL Coin can actually be mined, and then used to purchase pixels on the PXLCoin website. Currently, 1 pixel will cost 1 PXL, but as there will be more PXL in circulation than available pixels, prices will change : “Second 500,000 pixels will cost 2 PXL Coin each,”
It’s a new and fun project, and it might bring some advertising to your project or website without too much effort.
Make sure to check out the PXLCoin website , as well as the PXL Coin BitcoinTalk thread.
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