George Town, Cayman Islands, April 3, 2024, Chainwire
The VGX Foundation, a Cayman Islands Foundation, is working with Genopets to integrate the VGX token as a reward in their popular move-to-earn NFT mobile game on Solana. The partnership introduces VGX as a reward token into the Genopets game, creating utility and rewards for using VGX within the Genopets ecosystem.
VGX is a cross-chain token aimed at bridging utility between GameFi and gaming ecosystems.
Genopets launched in 2021 and is one of the biggest games on Solana with over 200,000 active players during their private beta. It is a free-to-play mobile game in which players summon digital pets (their “Genopet”), which evolve and grow as players move and stay active in the real world. Every day, players log the steps they take in the real world to earn energy that they can use to upgrade and customize their Genopet through its stages of evolution. Now VGX can be awarded to players for the energy they earn in the game.
The partnership kicks off with a series of competitions for Genopets players to earn VGX from a $150,000 prize pool by taking their steps daily and competing on the Energy leaderboard. The Ranked Competition is open to new and existing Genopets players.
Additionally, new players who download Genopets can claim a special reward of rare food and toys for their Genopet by using the referral code “VGX” when they sign up as a new user and take their first steps in this campaign.
To further expand the partnership, players who earn VGX can also take their VGX to Gala Games and use it to purchase a season pass for Voyager: Ascension, which can unlock further rewards in future games.
“We are excited to announce a synergistic partnership with Genopets, an original leader in web3 gaming on Solana,” said Claire Abrehart, Director of VGX (BVI) Ltd. “This collaboration, in addition to our recent success with Gala games, further unlocks new possibilities for the VGX ecosystem. By integrating our token with both Genopets’ vibrant player community and the dedicated Gala Games audience, we are driving an innovative future for in-game rewards and experiences across the Web3 gaming landscape.”
“Partnering with several foundations to bring new incentives to players in Genopets with leaders in Web3 Gaming like the VGX Foundation and Gala Games is a tremendous opportunity for our foundation,” said Jay Chang, co-founder of Genopets. “Genopets was created to make living an active lifestyle more fun and rewarding by bridging physical and digital worlds. There could be no better partners to help our foundation’s ecosystem grow.”
Earlier this year, the VGX Foundation also announced a partnership with Gala Games, using the GalaChain SDK to integrate VGX into Gala Games as a reward token used to acquire in-game items and unlock engagement opportunities. Once the integration is complete, gamers will be able to earn VGX-based rewards for in-game achievements within specific titles.
About the VGX Foundation
The VGX Foundation is leading the evolution of decentralized gaming economies through its dynamic blockchain-based gaming token, VGX. VGX acts as an in-game currency and rewards mechanism, supporting diverse gaming communities. The VGX Foundation actively promotes growth by facilitating grants and partnerships for game developers and platforms, expanding the token’s use case and fueling a thriving VGX ecosystem.
About Genopets
Genopets is a free-to-play, Move-to-Earn NFT mobile game that makes living an active lifestyle fun and rewarding. A Genopet is a digital pet whose evolution and growth are inextricably linked to yours. The steps you take every day determine your journey through the Genoverse as you explore, battle, and evolve – earning crypto as you play.
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Melrose PR
jonathan@melrosepr.com