George City, Cayman Islands, April 3, 2024, Chainwire
The VGX Basis, a Cayman Islands basis, has partnered with Genopets to combine the VGX token as a reward into their common cellular NFT sport on Solana. The partnership introduces VGX as a reward token within the Genopets sport, creating utility and rewards for utilizing VGX throughout the Genopets ecosystem.
VGX is a cross-chain token that goals to bridge utility throughout GameFi and gaming ecosystems.
Launched in 2021, Genopets is likely one of the largest video games on Solana with over 200,000 energetic gamers throughout their non-public beta. It is a free-to-play cellular sport the place gamers summon digital pets (their “Genepet”) that evolve and develop as gamers transfer round and keep energetic in the true world. Each day, gamers financial institution actions they soak up the true world to realize power that they’ll use to improve and customise their Genopet within the levels of evolution. Now gamers can get VGX for the power they earn within the sport.
The partnership begins with a sequence of contests for Genopets gamers to earn VGX from a $150,000 prize pool by logging their steps every day and competing on the Vitality leaderboard. The leaderboard competitors is open to new and present Genopets gamers.
Moreover, new gamers who obtain Genopets can declare a particular reward of uncommon meals and toys for his or her Genopet utilizing the referral code “VGX” once they register as a brand new consumer and log their first steps throughout this marketing campaign.
To additional broaden the partnership, gamers who earn VGX will be capable of take their VGX to Gala Video games and use it to buy the Voyager: Ascension Season Cross, which can unlock extra rewards in future video games.
“We’re excited to announce a synergistic partnership with Genopets, the unique chief in web3 gaming in Solana,” mentioned Claire Abrehart, Director of VGX (BVI) Ltd. choices for the VGX ecosystem. By incorporating our token into the colourful Genopets gaming group and devoted Gala Video games viewers, we’re supporting an progressive way forward for gaming rewards and experiences throughout the Web3 gaming panorama.”
“Partnering throughout foundations to carry new incentives to gamers in Genopets with leaders in Web3 Gaming such because the VGX Basis and Gala Video games is an incredible alternative for our basis,” mentioned Jay Chang, co-founder of Genopets. “Genopets was created to make energetic life extra enjoyable and rewarding by bridging the bodily and digital worlds, so there could not be higher companions to broaden our basis’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 acquire in-game objects and unlock engagement alternatives. As soon as the combination is full, gamers will be capable of earn VGX-based rewards for in-game achievements inside particular titles.
In regards to the VGX Basis
The VGX Basis is main the event of decentralized gaming economies by its dynamic blockchain-based gaming token, VGX. Serving as an in-game forex and reward mechanism, VGX empowers numerous gaming communities. The VGX Basis actively helps development by facilitating grants and partnerships for sport builders and platforms, enabling the enlargement of the token’s use case and nurturing a thriving VGX ecosystem.
About Genopets
Genopets is a free NFT cellular sport with motion and incomes potential that makes it enjoyable and rewarding to stay an energetic life-style. Genopet is a digital pet whose improvement and development are inextricably linked to your individual. The steps you are taking every day will energy your journey by the Genoverse as you discover, battle, and evolve—incomes cryptocurrency as you play.
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