We are proud to announce that we have completed a strategic sale of the ecosystems governance token, $PGX, and raised a total of $2,500,000. The rounds closed with three industry giants taking the lead: Crypto.com Capital, Kyber Ventures, and Shima Capital. Other investors include:
Real Deal Guild
Good Games Guild
Alongside many other excellent partners. The complete list of investors is available on our website. The PGX token is key to the Pegaxy metaverse. Early members of the community will be the future of Pegaxy; together with the eventual governance power of PGX, these members will be able to shape the game’s development in the years to come. This investment round enables us to grow the roots of the play-to-earn industry confidently and walk alongside games like Axie Infinity in its mission to change gaming forever. The game is still on track for its Q4 release, and now the strategic sale is complete, we can acquire additional talent and resources to drive growth to Pegaxy and the entire industry. We are grateful, hungry, and ready for the launch of the Pegaxy game — we hope you are too. To hear more about our developments, click here as Corey explains everything in video form.
What is Pegaxy? Pegaxy is a mech-horse, racing 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 been proven to be a sound long-term economic approach when building an NFT/Blockchain based game. It enables teams to build large guilds, scholarship programs, and even provides solo players the opportunity to earn a second income through daily racing.