Planet IX is a free-to-play and play-to-earn Web3 game situated around a planet that is a digital rendition of the Earth where every asset is a non-fungible token (NFT). The goal of each player of the game deployed on the Polygon (MATIC) network is to restore Planet IX to its former glory.
This article is a guide to the Planet IX game where we will look at what it is, how it works, its native IXT token, how and where to buy IXT, and whether it is a good investment.
So, without getting carried away, let’s get started.
What Is Planet IX?
Planet IX is a play-to-earn NFT game where players play on a digital copy of Earth. Their mission is to restore Planet IX to its green-blue glory by farming, owning, and trading in-game assets as NFTs.
The game went live on the Polygon chain in November 2021, and since then it has amassed over 130,000 active players. It is estimated that over 200,000 crypto wallets hold the game’s native IXT token.
The main focus of Planet IX is to empower players through decentralization and building a highly rewarding economy for the community. The game achieves this by implementing innovative decentralized finance (DeFi) and staking components, as well as incentivizing players to gather various in-game assets, develop their territories, and become “Agents of Change” on Planet IX.
Apart from being a simple play-to-earn game, Planet IX is a vast gaming ecosystem that features a marketplace, several in-game corporations, and a multitude of assets and utilities that can be experienced on both mobile and desktop platforms.
How Does It Work?
A player arrives on Planet IX as an Agent of Change to resurrect a planet ravaged by climate change, where it can no longer sustain life. To restore the planet’s lost glory, the player must acquire land, develop it, and collaborate with existing corporations in the solar system to use the necessary services to begin terraforming.
The first task of players is to secure a piece of land on Planet IX. These plots, also known as PIX, come in different tiers. Players can combine multiple PIXs to create larger territories and stake their land parcels in Mission Control to generate resources.
In the Mission Control area of the game, players are provided with a set number of land tiles on which they can stake their PIX. Players who own larger territories can stake them to get a higher yield of resources.
Here are the steps to begin placing PIX or Territories on the land tiles in Planet IX:
- Acquire Apollo Tile Contract
- Stake Apollo Tile Contract
- Stake PIX on the activated Land Tiles
- Start Producing Waste
Players collect Waste as part of their initial mission to resurrect the planet. Waste is an NFT that can be stored, sold in the marketplace, or traded in various Planet IX corporations in exchange for new assets and building materials.
What Is The IXT Token?
IXT is Planet IX’s in-game cryptocurrency that can be used within the game as well as traded on cryptocurrency exchanges. By owning the token deployed on Ethereum’s scaling network Polygon, players gain the ability to develop their lands and unlock additional rewards through gameplay or by staking.
IXT Tokenomics
At the time of writing, IXT is trading at $0.1529 – down 1.7% in the last 24 hours. Planet IX has a total market capitalization of $16.35 million and attained a 24-hour trading volume of nearly $50,000.
Out of a total supply of 153.25 million IXT, 107.23 million IXT is currently in circulation. The fully diluted valuation of all IXT tokens in existence is $23 million.
Exchanges With IXT And How To Buy?
Here is a list of exchanges where Planet IX (IXT) is listed:
- MEXC
- Quickswap
- CoinEx
- LBank
- Sushiswap
Here is how to buy IXT:
- Sign up or log in to a cryptocurrency exchange
- Buy USDT stablecoins
- Transfer the USDT to either Quickswap or Sushiswap
- Swap the USDT for IXT
Price Prediction For IXT In 2025 And 2030
Based on historical price moments of Planet IX and BTC halving cycles, the yearly low for IXT is estimated to be $0.134. The token could reach a valuation of $0.291 by the end of next year.
By 2030, IXT could be trading between $0.625 on the lower end and $1.17 on the upper end. This will be a 676% increase over the current price of IXT.
Is Planet IX A Legitimate Crypto Project?
Planet IX is a free play-to-earn game situated around resurrecting a destroyed planet. The goal of each player known as Agents of Change is to buy pieces of land and work with corporations in the solar system to make it resourceful.
Players can stake their PIX or Land Territories, and the IXT token to earn rewards. They can also sell their land parcels and other in-game assets as NFTs on a marketplace.
All things considered, I can say that Planet IX is an interesting play-to-earn game on the Polygon network. The game’s theme situated around bringing back a planet to its glory days is reminiscent of Earth going through extreme human-derived climate change.
The core concept of the game is ethical and an eye-opener to our actions. So I can say that Planet IX is a credible cryptocurrency gaming project that has utility outside of the gaming ecosystem. IXT token is predicted to hit a valuation of $1 before 2030 and long-term prospects for the game look bright as Web3 gaming will become an integral part of the crypto economy.
However, like every cryptocurrency in the market, IXT can be susceptible to extreme price volatility. Therefore, it is advised that you do your due diligence before investing in Planet IX. Always keep in mind to only money that you can afford to lose.
Also Read: Ethereum Gas Fee On The Rise As DeFi Gathers Momentum
