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Cryptocurrency News Articles

VGX Foundation Inks Partnership with Genopets, Boosting Move-to-Earn Experience with VGX Rewards

Apr 04, 2024 at 12:01 am

The VGX Foundation has partnered with Genopets to integrate VGX tokens as rewards in their popular Move-to-Earn game. This partnership unlocks new possibilities for the VGX ecosystem by integrating the token with Genopets' active player community and Gala Games' dedicated audience, fostering an innovative future for in-game rewards and experiences across the web3 gaming landscape.

VGX Foundation Inks Partnership with Genopets, Boosting Move-to-Earn Experience with VGX Rewards

VGX Foundation and Genopets Forge Alliance to Enhance Move-to-Earn Experience with VGX Rewards

George Town, Cayman Islands, April 3rd, 2024 - In a groundbreaking partnership that brings together two leading players in the gaming and blockchain industries, the VGX Foundation has joined forces with Genopets to integrate the VGX token as a reward in their popular move-to-earn NFT mobile game on Solana. This strategic alliance marks a significant milestone in the evolution of Web3 gaming, offering players new opportunities to earn and utilize VGX within the Genopets ecosystem.

VGX: A Utility Token Bridging Gaming Ecosystems

VGX, a multi-chain bridging token, is designed to facilitate utility across GameFi and gaming ecosystems. Its integration into Genopets expands the token's reach and creates new avenues for rewards and engagement.

Genopets: A Pioneer in Move-to-Earn Gaming

Launched in 2021, Genopets has emerged as a leading game on the Solana blockchain, boasting over 200k active players during its private beta. This free-to-play mobile game empowers players to summon digital pets ("Genopets") that evolve and grow in tandem with their physical activity levels. By banking steps taken in the real world, players earn energy to customize and upgrade their Genopets through multiple stages of evolution. The integration of VGX adds a new layer of rewards for players, incentivizing them to stay active and engaged.

VGX Rewards and Exclusive Competitions

The partnership commences with a series of exciting competitions where Genopets players can earn VGX rewards from a $150,000 prize pool. By banking steps daily and competing on the Energy leaderboard, players stand a chance to win substantial VGX rewards. This competition is open to both new and existing Genopets players.

New players joining Genopets during the campaign period can claim a special reward of rare food and toys for their Genopet by using the referral code "VGX" upon sign-up.

Cross-Platform Compatibility with Gala Games

Extending the partnership's reach, players who earn VGX in Genopets will be able to seamlessly transfer their tokens to Gala Games and utilize them to purchase Season Passes for Voyager: Ascension. This cross-platform compatibility unlocks further rewards and exclusive opportunities in future games.

Joint Statement of Collaboration

"We are thrilled to partner with Genopets, a leading force in Web3 gaming on Solana," said Claire Abrehart, Director of VGX (BVI) Ltd. "This collaboration, building on our recent success with Gala Games, opens new doors for the VGX ecosystem. By integrating our token with Genopets' vibrant player community and the dedicated Gala Games audience, we are shaping a future where in-game rewards and experiences seamlessly transcend Web3 gaming platforms."

"Partnering with the VGX Foundation and Gala Games, industry leaders in Web3 gaming, to introduce new incentives for Genopets players is a transformative opportunity," said Jay Chang, Co-founder of Genopets. "Genopets is dedicated to making active lifestyles more enjoyable and rewarding by bridging the physical and digital realms. There could not be better partners to support our foundation's growth and ecosystem expansion."

VGX Foundation's Vision for GameFi

The VGX Foundation is at the forefront of driving innovation in decentralized gaming economies. Through its dynamic blockchain-based gaming token, VGX, the foundation empowers diverse gaming communities by serving as an in-game currency and reward mechanism. The VGX Foundation fosters ecosystem growth by providing grants and supporting partnerships for game developers and platforms, expanding VGX's use cases and fostering a thriving ecosystem.

Genopets: Revolutionizing Active Living with NFTs

Genopets is a paradigm-shifting Free-to-Play, Move-to-Earn NFT mobile game that incentivizes players to embrace an active lifestyle. Players' Genopets evolve and grow in tandem with their own physical activities, creating a unique and engaging experience. As players explore, battle, and evolve their Genopets, they earn cryptocurrency, making Genopets a fun and rewarding way to stay fit.

Contact:

Jonathan Duran
Melrose PR
[email protected]

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Other articles published on Nov 15, 2024