Pegaxy is the most prominent P2E horse racing game on Polygon and one of the popular Gamefi projects. Pegaxy has 31k weekly active users, with total locked assets reaching $158.61k.
Pegaxy is a futuristic mythical racing game. Pega (horse) is a descendant of the mighty Pegasus. In this game, players will participate in PvP-style competitions to win rewards in the platform's native utility token, VIS (Vigorus).
Pegaxy's cyberspace is built on Polygon / Matic Layers 2, the Ethereum blockchain for mass adoption to meet the needs of decentralized game developers. Together with the dual token economic model, dual tokens are provided, one for in-game (Pegaxy Stone) and the other as a utility token (VIS-Vigorous).
With a primary focus on key developments and community awareness, Pegaxy aims to provide users with a versatile ecosystem that allows users to enjoy a captivating racing experience, socialize with competitors, and even work on the same platform. In addition, the game plans to expand its alliances by offering massive scholarships through the in-game economy system to create a potentially accessible platform globally so that people can benefit from this game earning program in this internet-based era .
Each race of Pegaxy is associated with various elemental variables, such as fire, wind, water, speed, and more. Likewise, Pegaxy envisions being the home of Pegasus by offering a storyline centered on Greek mythology. To this end, it provides users with a more enticing experience with the unique idea of Pegasus bloodlines, each bloodline representing a different level or rarity, the degree of which is determined by the NFT.
Each Pega is specific to an element variable. So if you're a collector, racer, or simply a Pega player and you've found a competent Pega, don't waste the next minute grabbing it, as it might give you the biggest bang for your buck at the upcoming race. income.
Pegaxy has competitive gameplay that keeps users engaged, but at the same time, the rewards are rewarding. Players must finish in the top 3 against 11 other racers to earn the utility token VIS. In addition to competitions, users can also earn VIS by breeding, renting, or selling their Pega for great rewards.
How to play Pegaxy
Please follow these steps to start playing Pegaxy:
1) Launch Bitget Wallet (Previously Bitget Wallet (Previously BitKeep)) app, and connect your wallet to Polygon. Search for the DApp name, and tap Confirm;
2) After entering the mobile phone page, click [Play Now] to enter the game;
3) Connect your wallet;
4) When all participants are in the lobby, you will have 60 seconds to prepare your Pega -- that is, to choose a track and get your gear ready.
Pegaxy is built on a dual economic model, presenting two currencies; the governance token PGX and the utility token VIS.
Governance Token - PGX
PGX – Pegaxy Stone is an ERC-20 governance token built on the Polygon (Matic) chain, initially few but soon to have an impact on treasury staking. The token has a variety of in-game uses such as purchasing merchandise, tournament rewards, treasury staking, and breeding fees.
Tokens will be centralized at launch, but as game economics further develop and improve, PGX will also move to a decentralized currency.
Utility Token - VIS
VIS - Vigorous is an ERC-20 utility token built on the Polygon Layer 2 chain, just like PGX. VIS is the main payout token used in competitions (you must be in the top 3) and in breeding, depending on the number of breeds.
Due to the different economics of the game, the amount of VIS can vary greatly from game to game. Additionally, tokens are created and destroyed to maintain the balance of the gaming ecosystem.
The above is all the information related to the project, here is also a reminder to everyone, please be alert to investment risks when participating in the game.