Georgetown, Cayman Islands, April 3, 2024, Chainwire
VGX Basis, a Cayman Islands basis, has partnered with Genopets to combine VGX tokens as rewards into its fashionable move-to-earn NFT cellular recreation on Solana. The partnership introduces VGX as a reward token into the Genopets recreation, creating utility and rewards for utilizing VGX inside the Genopets ecosystem.
VGX is a token that connects a number of chains and is concentrated on including utility to the GameFi and gaming ecosystem.
Genopets launched in 2021 and is without doubt one of the largest video games on Solana with over 200k lively gamers throughout its non-public beta. It’s a free-to-play cellular recreation the place gamers summon digital pets (their “Genopets”), which develop and evolve as gamers transfer round and be lively in the true world. Every day gamers financial institution steps taken in the true world to earn power which they’ll use to improve and customise their Genopets by means of the evolution levels. Now VGX may be awarded to gamers for power earned within the recreation.
The partnership begins with a sequence of competitions for Genopets gamers to earn VGX from a $150,000 prize pool by growing their steps each day and competing on the power leaderboard. The leaderboard competitors is open to new and current Genopets gamers.
Moreover, new gamers downloading Genopets can declare the particular reward of uncommon meals and toys for his or her Genopets through the use of the referral code “VGX” once they enroll as a brand new consumer and take part on this marketing campaign. Take your first step throughout.
To additional broaden the partnership, gamers who earn VGX may also be capable to take their VGX to Gala Video games and use it to buy the 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 unique chief in Net 3 gaming on Solana,” mentioned Claire Abrehart, Director of VGX (BVI) Ltd. Prospects for the VGX ecosystem. By integrating our token with each Genopets’ vibrant participant group and the devoted Gala Video games viewers, we’re fostering an modern future for in-game rewards and experiences within the Web3 gaming panorama.
“Partnering with leaders in Web3 gaming like VGX Basis and Gala Video games to deliver new incentives for gamers at Genopets is a superb alternative for our basis,” mentioned Jay Chang, co-founder of Genopets. “Genopets was created to make main an lively way of life extra enjoyable and rewarding by connecting the bodily and digital worlds and we couldn’t be a greater accomplice to develop our Basis’s ecosystem.”
Earlier this 12 months, the VGX Basis additionally introduced a partnership with Gala Video games, by which VGX might be built-in into Gala Video games as a reward token used to amass in-game gadgets and unlock engagement alternatives. Galachain SDK was used to do that. As soon as the mixing is full, avid gamers will be capable to earn VGX-based rewards for in-game achievements inside particular titles.
About VGX Basis
The VGX Basis leads the event of decentralized gaming economies by means of its dynamic blockchain-based gaming token, VGX. Serving as an in-game foreign money and reward mechanism, VGX empowers various gaming communities. The VGX Basis actively promotes progress by facilitating grants and partnerships for recreation builders and platforms, enabling enlargement of the token’s use case, and nurturing a thriving VGX ecosystem.
About Genopets
Genopets is a free-to-play, move-to-earn NFT cellular recreation that makes residing an lively way of life enjoyable and rewarding. GenoPet is a digital pet whose progress and growth is inextricably linked with you. As you discover, battle and evolve, the steps you’re taking day by day by means of Xenoverse energy your journey – incomes crypto whilst you play.
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