Highlights

1. Pegaxy is a Play-to-Earn PVP-style horse racing game where players compete against 14 other racers. Using strategic upgrades, food, and skill, players must place in the top 3 to earn the platforms utility token: $VIS Vigorus or consumable items.
2. In addition to racing, players can take advantage of their NFT Pega for Breeding, Fusion and Renting.
3. Pegaxy is well respected within the industry for its innovation in trustless rental systems, on-chain technology, and well-weighted economic balance. Many also attribute its popularity to the gameplay, team transparency, and community involvement during the development process.
4. Pegaxy is founded by The Mirai Labs, a team that specializes in Web3 Game Development, with members located all around the globe.
5. Pegaxy has partnered with numerous gaming guilds, both large and small.
6. In October 2021, Pegaxy completed a strategic sale of the ecosystems governance token, $PGX, and raised a total of $2,500,000. The rounds closed with three industry giants taking the lead: Crypto.com Capital, Kyber Ventures, and Shima Capital. Other investors include Kyros Ventures, AstroV Ventures, TAG Ventures, Real Deal Guild, Good Games Guild, Momentum 6, BAP Ventures, Asteroid Capital, Poolz Ventures, RADA, TK Ventures, DCI, Do Ventures, and TradeCoin Vietnam.
7. The Beta (2D version) of Pegaxy launched on 15 November 2021 and within 36 days of running it has shown remarkable stats:
8. At the time of writing, Pegaxy has 92.5K followers on Twitter, 128.6K members on Discord, 14.5K members on Telegram, and 14.6K subscribers on YouTube. The team responds quite quickly on both Discord and Telegram to questions and problems raised by the community.

Overview

Pegaxy is a Play-to-Earn PVP-style horse racing game where players compete against 14 other racers. Each race has randomized elemental variables which include wind, water, fire, speed, and more. Using strategic upgrades, food, and skill, players must place in the top 3 to earn the platforms utility token: $VIS Vigorus. The game was released in 2D and transitioned to 3D once testing was complete, and will expand further once compatibility with low-end android devices is confirmed.

Within the game, players are able to breed, merge, rent, sell, and race their Pega to earn $VIS. This system has proven to be a sound long-term economic approach when building an NFT/Blockchain-based game as it enables teams to build large guilds, scholarship programs, and even provides solo players the opportunity to earn in-game tokens through daily racing.

Gameplay

-Pre-race Preparation

All races are free to enter, and no fee is required to race. Before the race, players must attempt to balance their Pega according to the tracks elemental variables. 

1. Select "Racing" menu
2. Enter the race lobby.
3. Wait for the lobby to fill.
4. Once the countdown is complete, the race will begin.

-Standard Racing (winning $VIS)

Your Pega will auto-race against 14 others. You can track your personal Pega by its position on the left or you can view them on track with an arrow indicating your Pega. 

At the initial game release, the race is primarily determined by Random Number Generator (RNG), with slight decisions making also dependent on the Pega and Track statistics providing you with a fair opportunity to place in the top 3. However, Pegaxy will eventually migrate away from being an auto-racer to a more traditional/manual skill-based game. People will be required to manually control their Pega during a race. This will allow for higher skilled players to have a better chance of top 3 placement, as they have invested more time into understanding the game mechanics.

-Drop Racing (winning various consumables items)

Introduced on July 25, Drop Racing is an alternative method of racing, where users race for items rather than standard VIS-based rewards. This new system will have a chest and key structure where users can obtain different consumables to use in-game for various purposes. These rewards allow users to alter their Pegas to gain competitive advantages within their desired arenas. 

-Post-Race Result

Reviewing the results, checking out competing Pega and replays. You simply click Play Record Next Match to continue. You are also able to send a link of the replay to someone else. The race rewards for Top3 are also visible to every player.

-The Grand Dash Tournament

The annual Grand Dash Tournament takes the top 12 racers with the highest statistics in each class, each month. There will be 11 qualification months with the Grand Dash Final held in December of each year. Each month, 60 players across 5 classes qualify for the grand final, with 132 total racers qualifying for the Grand Final of each class (660 players in all classes combined). The Grand Final is the single largest day of racing in the Pegaxy Metaverse. Live streamed across all platforms with live statistics and races, spectators are able to watch from the quarterfinals, the semi-finals through to the grand final for each class.

1. Monthly Qualifier
2. The Grand Dash Final

NFTs

-Pega

There are 4 bloodlines of Pega, each one representing a different level of Rarity. Each one of the bloodlines is identified by its wing design.

-Founding Pega

-Crowned Pega

-Track/Stadium

-Gear

-Food

Additional Feature

Tokenomics

Team

Investors

Roadmap

Community

Social Media