Pegaxy NFT Game
Pegaxy is a true play-to-earn mech-styled horse racing game, built on the Polygon chain. Pegaxy has two native tokens within its economy, the governance token being Pegaxy Stones (PGX) and Vigorus (VIS) being the utility token of the platform.
What is Pegaxy Game?
Pegaxy is a PVP-style horse racing NFT game. It features futuristic mythological creatures called Pegas. Players compete in PvP format races to win rewards such as the native utility token, $VIS.Because it’s on the blockchain, each Pega is unique in which players can breed, merge, rent, sell, and race their Pega to earn $VIS tokens.
Pegaxy has a dual token economy model. The governance token is PGX(Pegaxy Stone) and its utility token is VIS(Vigrous). Built on thee Ethereum blockchain, Pegaxy is the brainchild of Mirai Labs, a team specializing in Web3 Game Development.
How does Pegaxy work?
Pegaxy combines the excitement of a traditional derby and combines it with play to earn mechanics. Built on the Polygon Chain, gamers compete in a race against 11 other players in which the top three will receive $VIS rewards.
To participate in a Pegaxy race, you must acquire a Pega as an NFT. Players can acquire them by either buying in the marketplace or renting. There are a total of 5,000 founding Pegas that are separated into several elemental variables.
How many Pegaxy NFT are there?
As some people may believe, Pegaxy is not your traditional horse race betting. In traditional betting, you would place your bets based on the track record of a horse, completely delegating the task of feeding and training the horse through its trainer. Meanwhile, with Pegaxy, you have control over making your horse win by preparing them through strategy. You don’t pick the horse you think is going to win instead you need to prepare yours.
Pegaxy Gameplay Overview
Pegaxy’s main gameplay mode is racing. The game can be played on either PC or mobile, available for Android and iOS. You also need to have a crypto wallet installed like Metamask to purchase a Pega.
It’s a PVP racing game where players compete for the top against 11 racers. A race comes with a random elemental variable based on the different elements in the game in which each race lasts between 1-2 minutes. This adds a layer of strategy to the game, incentivizing players to master the elements to increase their chances of winning.
How to make money in Pegaxy
There are a few ways players can earn in Pegaxy – Racing, Breeding, and Renting.
Racing - This is the primary way to make money in Pegaxy. Players will participate in an automated race consisting of 12 horses. Only the top 3 will earn $VIS rewards. Since it’s automated, you will not be required to control your horse during the duration of the race.
Breeding - Players can breed with the cost of PGX token, an entirely new breed of horses. From there, you can either sell it on the marketplace for profit or continue breeding to increase the number of horses you have.
Renting - You can rent your horse using a scholarship system. Players can rent a horse to a friend for either a fixed price or a percentage of the earnings they get. You can rent it for a day or a week, depending on your strategy.