Racing, Breeding, and Renting Horses for Profit with NFT Game Pegaxy
With the advancement of technology, both material and spiritual aspects of life have been elevated. Games today serve not only as a mental escape to reduce stress but also as a means to earn money while having fun, following the Play-to-earn (P2E) mechanism.
Racing games are familiar to us all, evoking excitement in every race towards victory or the disappointment of coming in second.
Project Introduction
Building upon the foundation of racing games, developers have created a unique title called Pegaxy. This project promises to offer players a diverse range of emotions and experiences.
Pegaxy is a horse racing game featuring mythical creatures (Pegas) in a PvP format. Players can showcase their skills against other racers, aiming to compete with 11 opponents and place in the top 3 to earn utility tokens from the VIS platform.
Key Features of Pegaxy
Drawing from a deep understanding of the Blockchain gaming community, Pegaxy aims to become the 'promised land' of horse racing in the Metaverse.
Additionally, the game provides players with a comprehensive ecosystem where gamers can play, interact, and even work within the same space.
Each player contributes to enhancing the overall experience of the Celestial Horse Racing Manager in the MetaVerse.
Gameplay
Pegaxy offers a unique ecosystem allowing players to participate in free horse races. This competitive model increases the stakes, offering enticing rewards.
In each race, players compete against 11 others to strive for the top 3 spots and earn VIS tokens.
Knowledge, skill, and strategy are essential factors for achieving high rankings in this game.
Pega Racing
The Pegaxy race track is a PvP play-to-earn horse racing game, where players select Pegasy for races and use their own knowledge to equip them appropriately for optimal performance.
Breeding
In Pegaxy, players can breed and crossbreed Pegasy to create new ones.
Players can continue to nurture Pegasy for racing, sell them, or rent them out to earn VIS tokens. This mechanism fosters long-term player engagement.
Renting
Differing from previous Play-To-Earn games, Pegaxy's rental system operates on a mechanism allowing owners to rent out their NFTs through smart contracts.
Upon initiation, the contract owner receives the NFTs sent to the reserve wallet along with all income generated by that NFT.
Earnings are automatically distributed every 15 days in accordance with the terms of the rental contract.
Gear
Pegaxy features a unique Gear system directly impacting race outcomes.
At the start of races, players have a period to equip their Pegasy, adjusting their attributes to match the random attributes of each race.
Roadmap
The project's roadmap is detailed, outlining objectives for each quarter. This clarity aids investors in tracking the project's development steps.
The game entered Beta testing in Q4/2021 and officially launched in Q2/2022 for both Android and iOS versions on mobile phones.
In the upcoming event at the end of this year, let's explore how the project's PGX token will be introduced via IDO!
Backer
Team
Pegaxy boasts a diverse and experienced development team of 30 members, overseeing various aspects of the project.
They are talented, experienced young individuals whose enthusiasm and expertise I believe will lead Pegaxy to future success.
Partners and Investors
Pegaxy's potential has attracted numerous reputable investment funds, including names like Crypto.com, Kyber Network, and Shima Capital.
Pegaxy's Potential
Combining PvP gameplay provides authentic experiences and attracts players from various perspectives. Whether they are core gamers, horse racing enthusiasts, or simply managers and owners, all enjoy the exciting experiences the project team is aiming to deliver.
Pegaxy's approach to product development based on user experience incorporates six key elements: Gaming, Play-to-earn, Esports, Breeding, Staking, and Selling.
The Blockchain Gaming market is currently highly sought after, with an impressive market capitalization averaging USD 17 billion, demonstrating significant monetary circulation within this sector.
With its market potential, Pegaxy holds many advantages but also faces competition in expanding the project.
While there are several games like Pegaxy on the market, some have already established global recognition.
Nevertheless, Pegaxy remains highly anticipated and competitive. With its robust game development team and attractive, innovative features, Pegaxy promises to deliver fantastic experiences to players.
Roles of PGX Token & VIS Token
PGX Token
Pegaxy Stones (PGX Token) is designed to become Pegaxy's governance token on the Polygon Blockchain (Layer 2).
Initially, players will have limited ways to earn PGX tokens through gameplay, but this will change with the launch of the Treasury community.
Players use PGX tokens in-game as fees for Breeding, Staking, or trading on the Pegaxy NFT Marketplace.
VIS Token
Vigorus (VIS Token) is the primary in-game currency, not issued through IDO but awarded to players who achieve at least a top 3 position in races.
Players primarily use VIS tokens for Breeding as a fee.
Currently, the project has not launched token sales, so tokens cannot yet be purchased on any exchange.
Conclusion
Pegaxy's user-experience-driven approach to product development combines six key elements: Gaming, Play-to-earn, Esports, Breeding, Staking, and Selling, all emphasized in the product development strategy.
Gamefinity will continue to compile the latest news related to Pegaxy in upcoming articles. We hope this article provides useful information to all readers.
