Voxies (VOXEL) Metrics
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Voxies (VOXEL)
What is Voxies?
Voxies (VOXEL) is a blockchain-based gaming project launched in 2021 by the Voxies team. It was created to provide an engaging and immersive gaming experience that integrates play-to-earn mechanics, allowing players to earn rewards through gameplay. The project operates on the Ethereum blockchain, utilizing smart contracts to facilitate in-game transactions and interactions. The native token, VOXEL, serves multiple purposes within the ecosystem, including acting as a medium of exchange for in-game assets, enabling staking for rewards, and participating in governance decisions that shape the future of the platform. Voxies stands out for its unique combination of traditional gaming elements with blockchain technology, offering players the ability to own and trade their in-game assets securely. This innovative approach positions Voxies as a significant player in the growing sector of blockchain gaming, appealing to both gamers and crypto enthusiasts alike.
When and how did Voxies start?
Voxies originated in November 2021 when the founding team released its whitepaper, outlining the project's vision and mechanics. The project launched its testnet in early 2022, allowing developers and early adopters to explore the platform's features and functionalities. Following successful testing, the mainnet was launched in March 2022, marking its initial public availability. Early development focused on creating a play-to-earn gaming ecosystem that integrates blockchain technology with engaging gameplay. The token's initial distribution occurred through a fair launch model in April 2022, which aimed to ensure equitable access for participants. These foundational steps established the groundwork for Voxies's growth and the development of its community and ecosystem.
What’s coming up for Voxies?
According to official updates, Voxies is preparing for the launch of its new game, Voxies: The Game, which is set to debut in Q1 2024. This game aims to enhance user engagement and expand the Voxies ecosystem by providing players with immersive gameplay experiences. Additionally, the team is working on integrating new features that will improve gameplay mechanics and user interface, with a focus on enhancing overall user experience. In terms of partnerships, Voxies is actively pursuing collaborations with other blockchain projects and gaming platforms to broaden its reach and utility. These initiatives are expected to be rolled out throughout 2024, aiming to strengthen the community and attract new users. Progress on these milestones will be tracked through the official Voxies roadmap and updates provided on their communication channels.
What makes Voxies stand out?
Voxies distinguishes itself through its unique blend of gaming and blockchain technology, specifically designed as a play-to-earn (P2E) platform. Built on the Ethereum blockchain, Voxies utilizes a distinctive turn-based combat system that integrates non-fungible tokens (NFTs) to represent in-game characters and assets, enhancing player ownership and engagement. The project incorporates a dual-token economy, featuring Voxies (VOXEL) as the primary utility token, which facilitates transactions and rewards within the ecosystem. This economic model supports a vibrant marketplace for trading NFTs, fostering a dynamic community of players and collectors. Voxies also emphasizes interoperability, allowing players to utilize their assets across various games and platforms, which enhances the overall user experience. The ecosystem is further enriched by strategic partnerships with other gaming and blockchain projects, promoting collaboration and expanding its reach within the gaming industry. These features collectively position Voxies as a notable player in the evolving landscape of blockchain gaming.
What can you do with Voxies?
The Voxies token serves multiple practical utilities within its ecosystem. Users can engage in transactions and pay fees using Voxies, facilitating interactions within various applications. Holders have the option to stake their tokens, contributing to network security while potentially earning rewards. Additionally, Voxies may enable participation in governance, allowing holders to vote on proposals that influence the development and direction of the project. For developers, Voxies provides a platform for building decentralized applications (dApps) and integrations, enhancing the overall functionality of the ecosystem. The ecosystem also supports various wallets and marketplaces, where Voxies can be used for trading and other activities. Overall, the Voxies token is integral to both user engagement and developer innovation, fostering a vibrant community and a diverse range of applications.
Is Voxies still active or relevant?
Voxies remains active through a series of updates and community engagements in 2023. The project recently announced a significant upgrade in July 2023, focusing on enhancing gameplay mechanics and user experience within its ecosystem. Development efforts are currently directed towards expanding its gaming features and integrating more blockchain functionalities, which are crucial for maintaining user engagement. The Voxies project continues to see trading activity across several exchanges, indicating a stable market presence. Additionally, the community remains engaged through active governance proposals, with recent votes held in August 2023 to discuss future development directions and community initiatives. Notably, Voxies has established partnerships with various gaming platforms, further solidifying its relevance in the blockchain gaming sector. These indicators support its continued relevance within the gaming and NFT categories, showcasing its commitment to evolving and adapting to market demands.
Who is Voxies designed for?
Voxies is designed for gamers and developers, enabling them to engage in a play-to-earn ecosystem that combines gaming with blockchain technology. The platform provides tools and resources, including a user-friendly interface and integration capabilities, to support game development and enhance user experience. Gamers can earn rewards through gameplay, while developers can create and monetize their games within the Voxies universe. Secondary participants, such as content creators and community members, engage through various activities like creating in-game assets, participating in governance, and contributing to the ecosystem's growth. This collaborative environment fosters a vibrant community where users can share experiences and innovations, ultimately driving the platform's evolution and sustainability.
How is Voxies secured?
Voxies utilizes a proof-of-stake (PoS) consensus mechanism, where validators are responsible for confirming transactions and maintaining the integrity of the network. This model allows participants to stake their Voxies tokens, which not only secures the network but also enables them to earn rewards for their contributions. The protocol employs advanced cryptographic techniques, such as Elliptic Curve Digital Signature Algorithm (ECDSA), to ensure secure authentication and data integrity. Incentives are aligned through staking rewards, encouraging participants to act in the network's best interest. Additionally, a slashing mechanism is in place to penalize malicious behavior, thereby enhancing security. The network also benefits from regular audits and a robust governance framework, which includes community participation in decision-making processes. These safeguards, along with a diverse client implementation, contribute to the overall resilience and security of the Voxies ecosystem.
Has Voxies faced any controversy or risks?
Voxies has faced some risks primarily related to the broader challenges in the blockchain gaming sector, including market volatility and regulatory scrutiny. The project has not reported any significant security incidents or exploits to date, which is a positive indicator of its technical robustness. However, like many blockchain projects, Voxies is subject to ongoing risks such as market fluctuations and potential regulatory changes that could impact its operations. To mitigate these risks, the Voxies team has implemented regular audits and maintains transparency with its community regarding any developments or changes in the regulatory landscape. Additionally, they have established a governance framework that allows for community input and decision-making, which can help address any disputes or concerns that may arise within the community. Overall, while Voxies has navigated some risks typical of the industry, it has taken proactive steps to ensure its ongoing security and relevance in the market.
Voxies (VOXEL) FAQ – Key Metrics & Market Insights
Where can I buy Voxies (VOXEL)?
Voxies (VOXEL) is widely available on centralized cryptocurrency exchanges. The most active platform is LATOKEN, where the VOXEL/USDT trading pair recorded a 24-hour volume of over $11 362.14. Other exchanges include XT and Coinbase.
What's the current daily trading volume of Voxies?
As of the last 24 hours, Voxies's trading volume stands at $1,634,302.23 , showing a 3.01% increase compared to the previous day. This suggests a short-term increase in trading activity.
What's Voxies's price range history?
All-Time High (ATH): $4.74
All-Time Low (ATL): $0.007817
Voxies is currently trading ~99.82% below its ATH
.
What's Voxies's current market capitalization?
Voxies's market cap is approximately $1 803 329.00, ranking it #1572 globally by market size. This figure is calculated based on its circulating supply of 210 475 834 VOXEL tokens.
How is Voxies performing compared to the broader crypto market?
Over the past 7 days, Voxies has gained 1.26%, outperforming the overall crypto market which posted a 0.84% decline. This indicates strong performance in VOXEL's price action relative to the broader market momentum.
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Voxies Basics
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Popular Calculators
Voxies Exchanges
Voxies Markets
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).


Confidence
Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is - Confidence. Because it's a new metric - it's essential to know how it works.
Confidence is weighted based on 3 principles:
Based on the liquidity from order books (75%) - including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume (below 2M USD volume 24h)
Based on web traffic (20%) - using Alexa rank as a main indicator of site popularity
Based on regulation (5%) - researching and evaluating licensing for exchange - by respective institutions
Adding all of these subscores give overall main result - Confidence
Confidence is mainly based on liquidity, because it's the most important aspect of cryptocurrency exchanges. Without liquidity there is no trading, illiquid markets tend to collapse in the long term. Besides liquidity - there is also an additional factor in calculation of score - market depth/volume ratio. If volume is huge (especially when it’s growing much faster than liquidity), and market depth seems to not keep pace with - it's reducing overall score. Exchanges that keep market makers liquidity with expanding volume are those that keep all ratios in-tact and have overall score above 75-80% (it means that they have all liquidity ratios above minimum requirements, high web traffic participation, and are often regulated).
Other coins worth interest - similar to Voxies
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| 54 | Internet Computer ICP | $1 275 963 779 | $2.32 | $52 494 666 | 548,944,774 | |||
| 63 | Worldcoin WLD | $1 078 643 369 | $0.381184 | $52 024 609 | 2,829,716,665 | |||
| 107 | Dash DASH | $431 972 812 | $34.32 | $76 457 455 | 12,586,402 | |||
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| 116 | Stable STABLE | $406 777 890 | $0.023112 | $24 596 497 | 17,600,000,000 |
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 3 | Tether USDT | $177 312 459 745 | $0.999392 | $55 307 201 143 | 177,420,277,588 | |||
| 6 | USDC USDC | $73 162 880 041 | $1.000209 | $14 065 361 169 | 73,147,596,371 | |||
| 14 | Wrapped Bitcoin WBTC | $8 717 564 780 | $66 456.00 | $286 332 277 | 131,178 | |||
| 15 | Wrapped Liquid Staked Ether 2.0 WSTETH | $8 491 762 946 | $2 388.19 | $10 185 523 | 3,555,731 | |||
| 18 | WETH WETH | $7 337 877 946 | $1 948.51 | $305 863 639 | 3,765,896 |
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| 112 | Artificial Superintelligence Alliance FET | $413 932 620 | $0.158597 | $28 848 411 | 2,609,959,126 | |||
| 131 | BitTorrent BTT | $338 015 732 | $0.000000 | $6 786 441 | 987,037,885,840,675 | |||
| 142 | Injective Protocol INJ | $295 249 155 | $3.02 | $27 841 002 | 97,727,220 | |||
| 172 | Axie Infinity AXS | $230 465 092 | $1.36 | $40 516 589 | 169,045,878 | |||
| 182 | The Sandbox SAND | $204 733 884 | $0.083078 | $20 160 094 | 2,464,357,126 |
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 146 | Floki Inu FLOKI | $286 646 349 | $0.000030 | $21 576 647 | 9,655,017,228,361 | |||
| 148 | Immutable X IMX | $286 134 187 | $0.161812 | $14 458 782 | 1,768,317,543 | |||
| 172 | Axie Infinity AXS | $230 465 092 | $1.36 | $40 516 589 | 169,045,878 | |||
| 182 | The Sandbox SAND | $204 733 884 | $0.083078 | $20 160 094 | 2,464,357,126 | |||
| 187 | Decentraland MANA | $191 090 009 | $0.098386 | $12 522 215 | 1,942,255,184 |
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.
Voxies



