No, it is NOT okay to have it faster. The game runs far too fast like it is on adrenaline and hyperactive drugs. I can barely even navigate the player properly because of this.
Anyways I lowered my UHD's refresh rate to 59.9X Hz and it seems to run much more smoothly now. I find it weird a game engine relies so heavily on monitor refresh rate to adjust game speed. The dev of Pixelbox really needs to fix this.