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Kyros Ventures Invests in Pegaxy

Finalised on 23rd of September 2021, Pegaxy and Kyros ventures have entered into a strategic partnership for the sale of PGX (Pegaxy’s native governance token).

Kyros is one of the most influential VC funds to emerge from Vietnam in recent years. They have deeper knowledge than most within the Play-to-Earn space, being able to provide advice through hands on experience. Kyros extremely influential team, deep knowledge in the cryptocurrency industry and large scale success in their VC endeavours, means they bring enormous capability not just in Vietnam, but globally to the Pegaxy team.

About Kyros

Kyros Ventures is a pioneer in incubating early stage blockchain and cryptocurrency projects in Vietnam. It is built upon the solid foundation of the Coin68 ecosystem consisting of exclusive partnerships with the top crypto entities in the Vietnamese Blockchain industry. Coin68 is a leading crypto media outlet in Vietnam with nearly 3 million pageviews per month.

What is Pegaxy? P

egaxy is a mech-horse racing themed PvP Play to Earn Game based on the Polygon Blockchain. It uses the dual token economic model to support zero cost player onboarding and to provide token earning opportunities to anyone around the world.

Within the game, players are able to breed, rent, sell, and of course race their Pega (horses) to earn VIS tokens (the platforms utility token). This system has proven to be a sound long-term economic approach when building an NFT/Blockchain based game as it enables teams to build large guilds, scholarship programs, and even provides solo players the opportunity to earn a second income through daily racing.

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