DIXEL is a BEP20 token created via Mint Club protocol, and a utility token of Dixel Club platform that is used for the NFT minting payment and reward distribution.
Whenever people overwrite pixels, each pixel price increases by 0.1%. When people pay the overwriting cost of each edition by DIXEL tokens, 10% of the minting cost will be distributed to the people who previously overwrote pixels. The other 90% will be reserved in a refundable contract and the NFT owner can get refunded if he/she burns the NFT later.
You can buy or sell the DIXEL token via the Mint Club swap protocol, using a price-bonding-curve mechanism. Mint Club is a secure token building platform and one of the Binance Labs Incubation Season 3 teams.