In a recent announcement, the VGX Foundation, based in the Cayman Islands, has formed a partnership with Genopets to incorporate the VGX token as a reward within their popular move-to-earn NFT mobile game on Solana. This collaboration aims to introduce VGX as a reward token in the Genopets game, offering players utility and rewards for utilizing VGX within the Genopets ecosystem.
Genopets, launched in 2021, has quickly become one of the most prominent games on Solana, boasting over 200k active players during their private beta phase. The game is designed as a free-to-play mobile experience where players can summon digital pets known as “Genopets”, which evolve and grow based on the player’s physical activity in the real world. By banking the steps they take daily, players earn energy that can be used to enhance and customize their Genopet through various evolutionary stages. With the integration of the VGX token, players can now receive VGX as a reward for the energy they accumulate in the game.
To kick off the partnership, a series of competitions have been announced for Genopets players, offering them the chance to earn VGX from a prize pool of $150,000. Participants can earn VGX by tracking their steps daily and competing on the Energy leaderboard within the game. Both new and existing players are eligible to participate in the leaderboard competition, with additional rewards available for new players who use the referral code “VGX” upon signing up and banking their initial steps.
Beyond the in-game rewards, players who earn VGX in Genopets will have the opportunity to take their tokens to Gala Games, where they can use them to purchase a season pass for Voyager: Ascension, unlocking further rewards in future games. This multi-platform integration aims to provide players with a seamless and rewarding gaming experience across different ecosystems.
Claire Abrehart, Director of VGX (BVI) Ltd., expressed excitement about the partnership with Genopets, highlighting the potential to enhance the VGX ecosystem through collaborations with leading gaming platforms. Jay Chang, Co-founder of Genopets, also shared his enthusiasm for the partnership, emphasizing the shared goal of making active lifestyles more enjoyable and rewarding for players through the integration of physical and digital worlds.
The VGX Foundation is at the forefront of decentralized gaming economies, with its VGX token serving as an in-game currency and reward mechanism for diverse gaming communities. Through partnerships and grants, the VGX Foundation supports game developers and platforms, driving the expansion of the token’s utility and fostering a thriving VGX ecosystem. On the other hand, Genopets is a Move-to-Earn NFT mobile game that incentivizes players to lead an active lifestyle by merging physical activity with digital gameplay. Players can earn crypto rewards as they progress through the Genoverse, exploring, battling, and evolving their Genopets along the way.
The collaboration between the VGX Foundation and Genopets represents a significant step towards enhancing the gaming experience for players by introducing innovative reward mechanisms and cross-platform integration. This partnership not only benefits the players by offering rewards for their in-game achievements but also demonstrates the potential for synergies between blockchain-based tokens and gaming ecosystems.