George City, Cayman Islands, April third, 2024, Chainwire
The VGX Basis, a Cayman Islands Basis, has partnered with Genopets to combine the VGX token as a reward of their common move-to-earn NFT cellular recreation on Solana. The partnership introduces VGX as a reward token within the Genopets recreation, creating utility and rewards for utilizing VGX throughout the Genopets ecosystem.
VGX is a token that bridges a number of chains and is targeted on bridging utility throughout GameFi and gaming ecosystems.
Genopets launched in 2021 and is among the largest video games on Solana with greater than 200k lively gamers throughout their personal beta. It’s a free-to-play cellular recreation the place gamers summon digital pets (their “Genopet”), which evolve and develop as gamers transfer round and keep lively in the true world. Every day gamers financial institution the steps they absorb the true world to earn power they’ll use to improve and customise their Genopet by levels of evolution. Now VGX might be awarded to gamers for the Vitality they earn within the recreation.
The partnership begins with a sequence of competitions for Genopets gamers to earn VGX from a $150,000 prize pool by banking their steps every day and competing on the Vitality leaderboard. The leaderboard competitors is open to new and present Genopets gamers.
Moreover, new gamers downloading Genopets can declare a particular reward of uncommon meals and toys for his or her Genopet through the use of referral code “VGX” once they enroll as a brand new consumer and financial institution their first steps throughout this marketing campaign.
To additional broaden the partnership, gamers who earn VGX may even be capable to take their VGX to Gala Video games and use it to buy a season move for Voyager: Ascension, which can unlock additional rewards in future video games.
“We’re thrilled to announce a synergistic partnership with Genopets, an original leader in web3 gaming on Solana,” mentioned Claire Abrehart, Director of VGX (BVI) Ltd. “This collaboration, alongside our recent success with Gala Games, further unlocks new possibilities for the VGX ecosystem. By integrating our token with both Genopets’s vibrant player community and the dedicated Gala Games audience, we’re fostering an innovative future for in-game rewards and experiences across the Web3 gaming landscape.”
“Partnering across foundations to bring new incentives to players in Genopets with leaders in Web3 Gaming like the VGX Foundation and Gala Games is a huge opportunity for our foundation,” mentioned Jay Chang, Co-founder of Genopets. “Genopets was created to make living an active lifestyle more fun and rewarding by bridging physical and digital worlds and there couldn’t be better partners to grow our foundation’s ecosystem with.”
Earlier this yr, the VGX Basis additionally introduced a partnership with Gala Video games, utilizing the GalaChain SDK to combine VGX into Gala Video games as a reward token used to amass in-game gadgets and unlock engagement alternatives. After integration is full, players will be capable to earn VGX-based rewards for in-game achievements inside particular titles.
In regards to the VGX Basis
The VGX Basis leads the evolution of decentralized gaming economies by its dynamic blockchain-based gaming token, VGX. Serving as an in-game forex and reward mechanism, VGX empowers various gaming communities. The VGX Basis actively fosters development by facilitating grants and partnerships for recreation builders and platforms, enabling the enlargement of the token’s use case and nurturing a thriving VGX ecosystem.
About Genopets
Genopets is a Free-to-Play, Transfer-to-Earn NFT cellular recreation that makes it enjoyable and rewarding to reside an lively life-style. A Genopet is a digital pet whose evolution and development are inextricably linked to your individual. The steps you’re taking on a regular basis energy your journey by the Genoverse as you discover, battle, and evolve — incomes crypto whilst you play.
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