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Cryptocurrency News Articles
VGX and Genopets Team Up to Revolutionize Gaming Rewards
Apr 04, 2024 at 12:01 am
Marking a significant milestone in blockchain gaming, the VGX Foundation and Genopets have forged a dynamic partnership to integrate VGX as a rewarding token within Genopets' popular move-to-earn game on the Solana blockchain. This collaboration unlocks new possibilities for the VGX ecosystem, extending its utility across multiple GameFi and gaming platforms.
VGX Foundation and Genopets Forge Strategic Alliance to Revolutionize In-Game Rewards and Gaming Ecosystems
George Town, Cayman Islands - April 3, 2024 - The VGX Foundation, a leading decentralized gaming foundation, and Genopets, a pioneering move-to-earn game on Solana, have forged a groundbreaking partnership that will redefine the landscape of in-game rewards and gaming ecosystems.
This collaboration introduces VGX, the foundation's utility token, as a highly sought-after reward within the Genopets game, creating a seamless bridge between the two ecosystems and expanding the value and usability of VGX.
VGX as a Utility Token in Genopets
VGX, known for its cross-chain compatibility and focus on bridging utility across game ecosystems, now becomes an integral part of Genopets' rewarding gameplay experience. Players can earn VGX for their in-game achievements, unlocking new possibilities for customization, upgrades, and progression within the game.
Launched in 2021, Genopets has captured the imagination of gamers worldwide, with over 200,000 active players during its private beta phase. This free-to-play mobile game empowers players to summon digital pets (Genopets) that evolve and grow as players engage in physical activity in the real world. Each day, players bank steps taken in the real world to earn energy that can be used to upgrade and customize their Genopets, propelling them through stages of evolution.
With the integration of VGX, players are now incentivized to stay active and earn Energy, which can be redeemed for VGX rewards. This partnership not only enhances the gameplay experience but also drives the adoption of VGX as a valuable in-game currency.
VGX, Gala Games, and Voyager: Ascension
To further amplify the impact of this collaboration, VGX earned in Genopets can be seamlessly transferred to Gala Games, another renowned gaming platform. Players can use VGX to purchase a season pass for Voyager: Ascension, an upcoming game that will unlock exclusive rewards and enhance their gaming experience within the Gala Games ecosystem.
"This partnership with Genopets, a trailblazer in Solana gaming, is a testament to our commitment to fostering innovation and enhancing the gaming experience," said Claire Abrehart, Director of VGX (BVI) Ltd. "By integrating our token into both Genopets' vibrant player community and the dedicated Gala Games audience, we are unlocking new possibilities for VGX and shaping the future of in-game rewards and experiences across the Web3 gaming landscape."
"Collaborating with the VGX Foundation and Gala Games is a remarkable opportunity for our foundation," said Jay Chang, Co-founder of Genopets. "Genopets was founded on the principle of making active living more enjoyable and rewarding by merging the physical and digital realms. We couldn't have found better partners to help us expand our foundation's ecosystem and bring this vision to life."
VGX's Expansion into Gala Games
Earlier this year, the VGX Foundation also announced a strategic partnership with Gala Games, integrating VGX into the Gala Games ecosystem via the GalaChain SDK. This integration allows VGX to serve as a reward token for in-game achievements, enabling gamers to acquire exclusive items and unlock unique gameplay opportunities.
About the VGX Foundation
The VGX Foundation is at the forefront of driving the evolution of decentralized gaming economies through its dynamic blockchain-based gaming token, VGX. As an in-game currency and reward mechanism, VGX empowers diverse gaming communities. The VGX Foundation actively supports growth by providing grants and partnering with game developers and platforms, expanding the token's use cases and fostering the expansion of the VGX ecosystem.
About Genopets
Genopets is a free-to-play, move-to-earn NFT mobile game that gamifies the pursuit of an active lifestyle. Players can summon digital pets (Genopets) that mirror their real-world physical activity, evolving and growing in response to the player's daily steps. By engaging in gameplay, players can explore, battle, and evolve their Genopets, earning crypto rewards for their efforts.
Contact Information
Jonathan Duran
Account Director
Melrose PR
jonathan@melrosepr.com
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