What Is Pegaxy PGX? Features, Tokenomics and Price Prediction
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Pegaxy Stone also has its own native token called PXS which can be used as an incentive system within the platform. Users can earn rewards by participating in activities such as staking or trading on the exchange. These rewards are then distributed among participants according to their level of activity.

So, after you match with 11 other players, a race of around 2 minutes goes on and you can see the live progress. With its unique idea of integrating a less-explored horse racing industry, Pegaxy is providing a platform for the niche population to grow, have fun and monetize their passion. Alongside, it appeals to the gaming masses with its economic model, tech features and more. No part of the content we provide constitutes financial advice on coin prices, legal advice, or any other form of advice meant for you to rely on for any purpose. Any use or reliance on our content is solely at your own risk and discretion. Alongside the two native tokens, Pegaxy also has a set of unique ERC-20 tokens called PFTs — Pegaxy Fabled Tokens.

  1. PFTs can be earned by referring people to the Pegaxy platform and having them own at least one Pega.
  2. Moving deeper into 2022, let’s have a look at a few promising upgrades that need to be kept an eye on.
  3. Out of the 12 participants in every race, the top 3 are given VIS tokens.
  4. Scholars (members of the guild) are the fulcrum around which the guilds revolve.
  5. Users can earn rewards by participating in activities such as staking or trading on the exchange.
  6. Get live prices of Pegaxy on different cryptocurrency exchanges around the world on Coincarp.

Pegaxy Stone’s current circulating supply is 46.82M PGX out of max supply of 1.00B PGX. Analysis was done on daily data, so all moving averages, RSI, etc.., were calculated on a daily Pegaxy Stone price chart. To see more analysis and outlook, please check the Pegaxy Stone price prediction page. If you’re interested in purchasing it, you can find step-by-step instructions on the how to buy Pegaxy Stone page. Overall, Pegaxy Stone provides an innovative solution for those looking for a secure way of transferring value across borders quickly and efficiently. With its robust infrastructure and user-friendly interface, it has become one of the most popular digital assets in recent years.

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Pegaxy (PGX) is a free-to-play mech-horse racing game built on blockchain. While PGX enables holders to influence decisions on the platform and profit through stacking, VIS serves as a main currency facilitating the commerce inside of the game. During gameplay, users pgx coin enter mythological creatures called Pega into player-versus-player (PvP) races and compete to gain monetary rewards. Out of the 12 participants in every race, the top 3 are given VIS tokens. Pega are available for players to buy, rent, sell and breed on the platform.

Pegaxy Stone Price

Assets with the largest change in unique page views on CoinStats in the last 24 hours. Later in the year, we can expect the introduction of Community Treasury with in-built $PGX staking. Also, more uses of NFTs and more importantly interoperable or cross-chain NFTs is something the Pegaxy team https://cryptolisting.org/ is gearing up for. First of all, the ‘Crowned Pega’ release and the first ‘Stadium Sale’ event are the two mega-events that are being awaited by the whole community. Alongside, a community hackathon is being planned to incentivize developers with rewards to improve the Pegaxy ecosystem.

PGX Technical Analysis

Apart from placing in the top 3 in races, there is no other way of minting $VIS. Considering the nascent stage of play-to-earn, and blockchain games in general, there is still much more room for growth for projects building in this space. Whether Pegaxy or Derace emerge as the sole winner or exist in healthy competition, only time will tell.

Pegaxy price is $0.01792, down -0.14% in the last 24 hours, and the live market cap is $3,652,948. A balanced mint-to-burn ratio has been set by the Pegaxy team allowing the economics to be fair and just without the team wielding complete control. There is no cap on the number of $VIS tokens to be available on Pegaxy and is fully dependent on players and their racing journey.

Pegaxy Stone provides a unique solution for those looking to make payments quickly and securely. Transactions are processed almost instantly, meaning users can send money across borders in seconds without having to wait days or weeks for their funds to arrive. Additionally, all transactions are immutable and stored on the blockchain, providing an extra layer of security. The updates are soon to be available in the following releases with 3D racing, in-game Pega equipment, and player-controlled racing in the pipeline. With its innovation in trustless rental systems, on-chain technology, and balanced economic models, Pegaxy stands to grow more in the P2E gaming community. Currently, all races on Pegaxy are automated and your Pega’s performance is solely based on its stats and attributes.

Pick one Pega and click ‘Start’ to find a match for you against 11 other players. A deep dive into Pegaxy — a mythical horse racing play-to-earn game built on the Polygon blockchain. ⚠ Trading cryptocurrencies involves risk, and may not be suitable for all investors. Among all the assets available on CoinStats, these have the most similar market capitalization to Pegaxy.

Dual Token Model

They are powerful tokens with the ability to evolve your Pega into Crowned Pega. PFTs can be earned by referring people to the Pegaxy platform and having them own at least one Pega. Pegaxy encourages the formation of gaming guilds with a blend of investors, gamers and lenders. Guilds breed inclusiveness and collaboration amongst their members which furthers into cooperative efforts like lending in-game assets, sharing liquidity of assets, etc. Taking its inspiration from Axie Infinity, Pegaxy takes the premise of a player-driven economy to another level with its dual-token model. It has a governance token, $PGX (Pegaxy Stone) and a utility token $VIS (Vigorus).

The Pegaxy game development team will eventually move to a skill-based game rather than an auto-racer. While racing, players will need to manually control their Pega, giving skilled players an advantage. Click on ’Racing’ and you can see a list of races that are going live on the Pegaxy platform.

Moving deeper into 2022, let’s have a look at a few promising upgrades that need to be kept an eye on. From cross-chain lending to having a native NFT marketplace, the possibilities are endless. The table above shows the number of days which Pegaxy Stone closed above a certain price level. Pegaxy Stone price in US Dollar has increased by 4.61% in the last 1 month. PGX is up 4.01% against Ethereum and up 2.29% against Bitcoin in the last 1 month.

Pegaxy (Pegasus Galaxy) is a racing game with futuristic mythological styling. In this game, players will participate in PvP format races to win rewards in the platforms native utility token, VIS (Vigorus). Get live prices of Pegaxy on different cryptocurrency exchanges around the world on Coincarp. As of Jan 30, Pegaxy Stone has a market capitalization of $3.9 Million and is ranked #1005 among all cryptocurrencies. For more information on the market capitalization and price statistics See full market cap and price stats.

Also, two key use cases of $PGS is that the token can be earned as part of tournament rewards in Pegaxy and can also be staked. Scholars (members of the guild) are the fulcrum around which the guilds revolve. With guilds, new gamers have easier access to certain games that ask for a huge capital upfront. Also, the involvement of guilds and their pooled assets open up several economic opportunities for all.

Regulations governing cryptocurrencies vary by jurisdiction and may change over time, which could impact the legality and use of cryptocurrencies. Investors should conduct their own research and analysis before making any investment decisions. You should also be aware of the potential for loss, and only invest what you can afford to lose. With a surge of x1.10 times from the initial coin offering rate, a $100 investment would now be valued at $109.85. Their mobile-gaming first approach keeps them in good stead as ease of access continues to be the number 1 priority for the majority of the population. This can be seen in their game and its seamlessness across both iOS and Android.

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