Blockchain know-how included within the rising video games is all pushed by non-fungible tokens. Equally, Pegaxy is likely one of the upcoming NFT primarily based play-to-earn racing video games developed by Polygon that has adopted a futuristic mythological fashion to supply the person an immersive gaming expertise.
Pegaxy (Pegasus Galaxy) is a racing recreation with futuristic mythological styling. Pega (the horses) are descendants of the mighty Pegasus. On this recreation, gamers will take part in PvP format races to win rewards within the platform’s native utility token, VIS (Vigorus).
Pegaxy’s Visions and Objectives
Greek mythology games are a rising interest of the gaming community for the combative environment, aggression, and thrill it comes with. In addition, the fact such games are associated with a bellicose bloodline history makes the gameplay even more mesmeric for the player.
The word Pegaxy is derived from the ‘Pegasus’ (Pegasus Galaxy)- a mythical horse that is one of the most apparent creatures of the Greek mythology, where the player pugnaciously competes with 11 players in the PVP races to win monetary rewards. The monetary rewards are not just associated with achieving victory in the race. In fact, one can earn rewards by selling high-performance Pega and newly born Pega and participate in Pega’s global competition, “The Grand Dash,” to win generous prizes.
The cyberspace of Pegaxy is built on Polygon/Matic Layers 2 for a mass adopted Ethereum blockchain to cater to the needs of the decentralized game developers. Along with a dual token economic model, to provide dual currency, one to be used in-game (Pegaxy Stone) and the other to be used as a utility token (VIS-Vigorous).
With the main focus on critical development and community perception, Pegaxy aims to provide a multifunctional ecosystem for the user to enjoy the fascinating racing experience, socializing with the competitors, and even work on the same platform. Moreover, the game further plans on expanding its union by providing large-scale scholarships via the built-in economic system of the game to create an accessible potential platform across the globe so people can take the benefit from this play-to-earn initiative in this internet-based era.
Each race of Pegaxy is associated with a variety of elemental variables like fire, wind, water, speed, and much more. Similarly, Pegaxy envisions becoming a home for the Pegasus by providing a Greek mythology-focused storyline. For that, it offers users a much more enticing experience with the unique idea of the bloodline of the Pegasus, each representing different levels or the rarity, the extent of which is determined by the NFTs.
Every Pega is specialized for a certain elemental variable. Therefore, if you’re a collector, racer, or a simple Pega player and find a competent Pega, do not waste the next minute and grab it, for it may benefit you the most in your upcoming competition.
Klin is the master of Water. As per its nature, Klin performs the best in the rainy and wet weather environment as it has water running through its veins. Thus, this bloodline of Pega is specific for surviving the tough weather conditions along with its reliability in the race. Therefore, Kiln can increase your chances of winning if used under the appropriate conditions.
Zan is the master of Winds. It endures the strong wind, which makes it stronger and much more hard-working than the other Pegas. The strong attention, durability, and stability are some of its strengths as this bloodline is popular because of its conscientiousness. So, Considering Zan as a Pega will be one great choice.
Campona is the master of Fire. This is a pretty rare bloodline, and what makes it unique is its ability to adapt overcome all kinds of fiery situations, which symbolizes its struggle and resistance. Camponas are considered as Gods of the game, so if you’re lucky enough to find Campona, you will enjoy defeating the opponent with its sturdy strengths.
The rarest bloodline of the Pegasus is the master of Lightning. Zeus, being the god of the sky, would choose Hoz if he could as he symbolizes lightning bolt himself. The reason for its rarity is its powerful and rewarding nature which makes it the most elite bloodline. So, if you have Hoz, you’re the master of all, quite literally.
Pegaxy has competitive gameplay to keep the user involved to his core, yet, the rewards are remunerative at the same time. The player has to attain the top 3 positions while competing with 11 other racers to earn VIS, the utility token. Apart from race, the user can earn VIS by breeding, renting, or selling his Pega to earn a lucrative reward.
With time and development, Pegaxy will shift from being an automated racer to a complete skill-based game. To understand the nature of the gameplay and polish your skills to master the main activity of the game. As each race is related to some elemental variable, choose the specialized Pega for that particular race and use your skills, strategies, upgrades, and foods to make increase your chances of winning.
Breeding your Pega can be very beneficial as the more Pegas you have, the better. But one has to understand the nature of each bloodline and other factors and breed accordingly to produce a stronger and durable generation. For example, the rarest bloodline, Hoz, is the dominant bloodline when breeding.
Speaking of the gender of the offspring, it is decided on a 50/50 ratio; there are no specific conditions or factors to determine the gender as of yet, but Pegaxy might introduce NFT foods that may affect the gender.
Pegaxy’s rental system is one of the safest and most transparent systems. The system uses automated payout, an escrow account that distributes the rental profit automatically in the rental agreement. Pegeaxy offers three types of rental systems; Fixed Rental, Profit Share, and Direct Rental. With such privacy and swift service, Pegaxy believes in providing the perfect security systems for the owner and renter equally.
Buying and Selling
Pegaxy has its own marketplace where one can buy or sell his assets via two methods; Buy Now or Auction. In the first method, you simply put up your NFT with a certain price, and the interested buyer will pay the price. In the latter method, you put your NFT up for auction and give it away at the best price you get.
How to Play Pegaxy?
In order to play Pegaxy and start your play-to-earn venture, follow the following steps:
- The first step is to connect your wallet to the Polygon Chain and then Pegaxy’s official website.
- Next, you have to go to the Marketplace and purchase or rent the Pega you like.
- Now click on race, and you will get into the lobby related to your Pega’s class.
- When all the participants are in the lobby, you’ll be given 60 seconds to prepare your Pega, so determine the tracks and fix your gear.
Pegaxy is built on a dual economic model, presenting two currencies; a governance token, PGX, and a utility token, VIS.
PGX– Pegaxy stone is an ERC-20 governance token built on Polygon (Matic) chain, very few initially but will soon have an impact on the treasury staking. This token has multiple in-game uses like purchasing goods, tournament rewards, treasury staking, and the breeding fee.
The token will be centralized when released, but with further development and improvements in the game economics, PGX will be shifted to decentralized currency too.
VIS– Vigorous is an ERC–20 utility token built on Polygon Layer 2 chain, just like PGX. VIS is a primary spending token used in racing (you must be in the top 3 positions) and breeding, depending on the breed count.
VIS amount may vary a lot in the race because of the varying economy of the game. Moreover, the token is created and destroyed to maintain a balance in the ecosystem of the game.
Pegaxy aspires to be a successful and lucrative game in the near future, and one can judge that already from the road map of this game (updated recently on 2nd October 2021).
In the fourth quarter of 2021, Pegaxy plans on
- Sale of Initialized Founding Pega.
- Release Beta version of Pegaxy.
- Launch Marketplace.
- Renting Platform and Breeding Platform.
- The issue, the fable tokens players, earned.
Whereas, in the late quarter of 2021:
- Release the Mobile version and 3D version on desktop.
Similarly, in the first quarter of 2022:
- Sell Pega Gear and Food.
- Hold The Grand Dash First Global Tournament.
- Launch 3D version on Mobile.
- Hold the First Stadium Sale Event.
- Implement the skill-based controls.
Second Quarter of 2022:
- Release Pegaxy on iOS and Android.
- Hold Pegaxy Community Hackathon.
Third Quarter of 2022:
- Introduce Community Treasury.
Fourth Quarter of 2022:
- Introduce staking PGX into the treasury.
Now, in the First Quarter of 2023:
- Introduce Secondary racing mode and the Pega burn system.
The second quarter of 2023:
- Sell initialized Perseus NFTs.
The third quarter of 2023:
- Introduce Community based games.
- Interoperable/Cross-chain use of Pegaxy NFTs in other games.
Pegaxy is currently working on its game content and perfecting the economy of the system; hence, proper supervision is needed to ensure correct evaluation to develop perfect gameplay for the future.
The team at Pegaxy has simply introduced that their strategic non-public sale of the platform native $PGX Token has ended with $2,500,000 raised. They’ve highlighted the funding will help within the enlargement of their proficient staff, and fast-track the event of the Pegaxy recreation.
Right here’s what they needed to say contained in the announcement:
Alongside many different glorious companions. The entire record of traders is obtainable on our web site.
The PGX token is vital to the Pegaxy metaverse. Early members of the neighborhood would be the way forward for Pegaxy; along with the eventual governance energy of PGX, these members will have the ability to form the sport’s growth within the years to come back.
This funding spherical allows us to develop the roots of the play-to-earn business confidently and stroll alongside video games like Axie Infinity in its mission to alter gaming endlessly.
The sport remains to be on monitor for its This autumn launch, and now the strategic sale is full, we are able to purchase extra expertise and sources to drive progress to Pegaxy and the complete business.
We’re grateful, hungry, and prepared for the launch of the Pegaxy recreation — we hope you might be too.
To listen to extra in regards to the developments, click here as Corey explains every little thing in video type.
Pegaxy is a revolution horse racing recreation primarily based on blockchain know-how that brings a real really feel of possession. Gameplay and recreation function developed very methodically. Significantly, the NFT system, in addition to the rewards, are effectively developed in nice element by the staff. When it comes to recreation content material, Pegaxy has beautiful visible, superior options, and a real really feel of possession. With an skilled staff and powerful traders, Pegaxy promise to have a strong run.
Discover extra details about Pegaxy
Web site: https://pegaxy.io/
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