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Cryptocurrency News Articles

VGX Token Skyrockets as Genopets Partnership Adds Rewards and Integrations

Apr 04, 2024 at 12:26 pm

VGX Foundation and Genopets collaborate to introduce VGX as a reward token within Genopets, a Solana-based mobile game with over 200k active players. Genopets players can now earn VGX through in-game competitions and steps tracking, and the partnership also includes offering a special reward for new players using a referral code. Furthermore, the collaboration enables VGX holders to purchase season passes for Gala Games' Voyager: Ascension, unlocking additional rewards. By integrating with both Genopets and Gala Games, VGX expands its utility and fosters an innovative future for in-game rewards across the Web3 gaming landscape.

VGX Token Skyrockets as Genopets Partnership Adds Rewards and Integrations

VGX Soars as Genopets Partnership Unveils New Rewards and Integrations

In a transformative move that bridges the worlds of GameFi and Web3 gaming, the VGX Foundation and Genopets have forged a strategic partnership that introduces VGX as a highly versatile reward token within the Genopets ecosystem, unlocking a myriad of new utilities and incentives for players.

VGX, known for its cross-chain compatibility and focus on bridging utility across gaming ecosystems, has found a synergistic ally in Genopets, one of Solana's largest games with a burgeoning player base of over 200,000 active users. This partnership marks a significant milestone for both platforms, offering players unprecedented opportunities for engagement and rewards.

The centerpiece of this collaboration is the integration of VGX as a reward token within the Genopets game. Players can now earn VGX for the Energy they acquire through their in-game activities, creating a direct link between their physical movement and digital rewards. This innovative mechanism not only enhances the gameplay experience but also encourages players to adopt a healthier lifestyle.

To kick off the partnership, Genopets is hosting a series of captivating competitions where players can compete for their share of a $150,000 prize pool in VGX. The leaderboard competition is open to both new and seasoned Genopets players, igniting a spirit of camaraderie and friendly rivalry.

Additionally, new players joining Genopets can claim an exclusive reward package, including rare food and toys for their Genopet, by using the referral code "VGX" during sign-up and banking their first steps. This special reward serves as an enticing incentive for newcomers to embark on their Genopets journey and experience the game's unique blend of fitness and entertainment.

The scope of this partnership extends beyond the Genopets ecosystem. Players who accumulate VGX can seamlessly transfer their tokens to Gala Games, a renowned hub for blockchain-based gaming, and leverage them to purchase Season Passes for Voyager: Ascension. This integration opens up a realm of additional rewards and exclusive content across multiple games, offering players an unprecedented level of interconnectedness and value.

"We are thrilled to join forces with Genopets, a pioneering force in the world of Web3 gaming," said Claire Abrehart, Director of VGX (BVI) Ltd. "This partnership, combined with our recent collaboration with Gala Games, further solidifies the VGX ecosystem as a driving force for innovation and rewards within the Web3 gaming landscape."

Jay Chang, Co-founder of Genopets, echoed the enthusiasm, stating, "Collaborating across foundations to provide new incentives for Genopets players with industry leaders like the VGX Foundation and Gala Games is a pivotal moment for our foundation. Genopets was conceived to make leading an active lifestyle more enjoyable and rewarding by bridging physical and digital realms, and we couldn't have found more suitable partners to grow our ecosystem with."

Earlier this year, the VGX Foundation forged a strategic alliance with Gala Games, leveraging the GalaChain SDK to integrate VGX into Gala Games as a reward token for in-game purchases and engagement. Upon completion of the integration, Gala Games players will be eligible to earn VGX-based rewards for their achievements within specific titles.

About the VGX Foundation:

The VGX Foundation is a pioneering force in the evolution of decentralized gaming economies. Its blockchain-based gaming token, VGX, serves as an in-game currency and reward mechanism, empowering diverse gaming communities. The VGX Foundation fosters growth by facilitating grants and partnerships for game developers and platforms, enabling the expansion of VGX's use case and cultivating a thriving ecosystem.

About Genopets:

Genopets is a revolutionary Free-to-Play, Move-to-Earn NFT mobile game that combines the thrill of gaming with the benefits of an active lifestyle. Players can summon digital pets called Genopets, whose evolution and growth are directly linked to their physical activities. By exploring, battling, and evolving their Genopets, players embark on an immersive journey with crypto rewards woven into the gameplay.

Contact:

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Melrose PR
[email protected]

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