The VGX Foundation, a Cayman Islands Foundation, has recently collaborated with Genopets to integrate the VGX token into their popular move-to-earn NFT mobile game on Solana. This partnership aims to introduce VGX as a reward token within the Genopets game, offering utility and rewards for players using VGX within the Genopets ecosystem.
Genopets, a gaming platform that launched in 2021, has quickly become one of the largest games on Solana with over 200k active players during their private beta phase. In this free-to-play mobile game, players summon digital pets known as “Genopets,” which evolve and grow as players move around and stay active in the real world. Players can bank the steps they take in real life to earn energy that can be used to upgrade and customize their Genopet through different stages of evolution. With the partnership, VGX can now be awarded to players for the energy they earn in the game.
To kick off the partnership, a series of competitions have been organized for Genopets players to earn VGX from a $150,000 prize pool by banking their steps daily and competing on the Energy leaderboard. Both new and existing players are eligible to participate in the leaderboard competition. 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 signing up as a new user and banking their first steps during the campaign.
Expansion of the Partnership
Players who earn VGX in the Genopets game will also have the opportunity to take their tokens to Gala Games and use them to purchase a season pass for Voyager: Ascension, unlocking additional rewards in future games. This extended partnership aims to create new incentives for players in Genopets by bridging physical and digital worlds to make living an active lifestyle more fun and rewarding.
Quotes from the Stakeholders
Claire Abrehart, Director of VGX (BVI) Ltd., expressed excitement about the collaborative partnership with Genopets, highlighting the innovative possibilities it unlocks for the VGX ecosystem. Jay Chang, Co-founder of Genopets, also emphasized the value of partnering across foundations to bring new incentives to players and grow the foundation’s ecosystem.
About the VGX Foundation and Genopets
The VGX Foundation leads the decentralized gaming economy evolution through its blockchain-based gaming token, VGX. This token serves as an in-game currency and reward mechanism, empowering diverse gaming communities and fostering growth through grants and partnerships for game developers and platforms. On the other hand, Genopets is a Free-to-Play, Move-to-Earn NFT mobile game that encourages players to live an active lifestyle by earning crypto rewards while playing the game and exploring the Genoverse.
The partnership between the VGX Foundation and Genopets signifies a significant step towards integrating blockchain technology and token incentives into the gaming industry. This collaboration not only enhances the gaming experience for players but also opens up new opportunities for engagement and rewards within the Web3 gaming landscape.