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 widespread NFT cell recreation to earn on . The partnership introduces VGX as a reward token within the Genopets recreation, creating utility and rewards for utilizing VGX inside the Genopets ecosystem.
VGX is a cross-chain token that goals to bridge utility throughout GameFi and gaming ecosystems.
Launched in 2021, Genopets is among the greatest video games on Solana with over 200,000 energetic gamers throughout their personal beta. It is a free-to-play cell recreation the place gamers summon digital pets (their “Genepet”) that evolve and develop as gamers transfer round and keep energetic in the actual world. Daily, gamers financial institution actions they soak up the actual world to realize vitality that they will use to improve and customise their Genopet within the levels of evolution. Now gamers can get VGX for the vitality they earn within the recreation.
The partnership begins with a collection of contests for Genopets gamers to earn VGX from a $150,000 prize pool by logging their steps day by day and competing on the Power leaderboard. The leaderboard competitors is open to new and current Genopets gamers.
As well as, 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” after they register as a brand new consumer and log their first steps throughout this marketing campaign.
To additional increase the partnership, gamers who earn VGX will have the ability to take their VGX to Gala Video games and use it to buy the Voyager: Ascension Season Go, which is able to unlock further rewards in future video games.
“We’re excited to announce a synergistic partnership with Genopets, the unique chief in web3 gaming in Solana,” stated Claire Abrehart, Director of VGX (BVI) Ltd. choices for the VGX ecosystem. By integrating our token with Genopets’ vibrant participant neighborhood and Gala Video games’ devoted viewers, we’re supporting the progressive way forward for in-game rewards and experiences within the Web3 gaming setting.”
“Partnering throughout foundations to deliver 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,” stated Jay Chang, co-founder of Genopets. “Genopets was created to make energetic existence extra enjoyable and rewarding by bridging the bodily and digital worlds, so there could not be higher companions to increase 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 gadgets and unlock engagement alternatives. As soon as the mixing is full, gamers will have the ability to earn VGX-based rewards for in-game achievements inside particular titles.
Concerning the VGX Basis
The VGX Basis is main 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 numerous gaming communities. The VGX Basis actively helps 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 NFT cell recreation with motion and incomes potential that makes it enjoyable and rewarding to reside an energetic way of life. Genopet is a digital pet whose growth and development are inextricably linked to your individual. The steps you’re taking every day will energy your journey by means of the Genoverse as you discover, battle, and evolve—incomes cryptocurrency as you play.
ContactHead of accounting workplaceJonathan DuranMelrose PRjonathan@melrosepr.com
This text was initially printed on Chainwire