Pegaxy

[Pegaxy](https://www.coinlive.com/coin/pegaxy) (PGX) is a free-to-play mech-horse racing game built on blockchain. As a [play-to-earn](https://coinmarketcap.com/alexandria/glossary/play2earn-play-to-earn) metaverse Pegaxy allows users to create real-world value through in-game activity. The game implements a dual token economy based around the [governance token](https://coinmarketcap.com/alexandria/glossary/governance-token) [PGX](https://www.coinlive.com/coin/pegaxy) (Pegaxy Stone) and the [utility token](https://coinmarketcap.com/alexandria/glossary/utility-token) VIS (Vigorus). While PGX enables holders to influence decisions on the platform and profit through stacking, VIS serves as a main currency facilitating the commerce inside of the game. During gameplay, users enter mythological creatures called Pega into player-versus-player (PvP) races and compete to gain monetary rewards. Out of the 12 participants in every race, the top 3 are given [VIS](https://www.coinlive.com/coin/vigorus) tokens. Pega are available for players to buy, rent, sell and breed on the platform. Pegaxy metaverse beta release on desktop took place on November 15th 2021. The company plans to carry out the game beta release on mobile towards the end of 2021. According to the roadmap presented in the project’s whitepaper, the official launch of Pegaxy on iOS and Android is scheduled for the second quarter of 2022. The PGX [initial DEX offering](https://coinmarketcap.com/alexandria/glossary/initial-dex-offering) (IDO) was held on Nov. 5, 2021.