The collaboration between VGX Foundation, Gala Games, and Genopets sets the stage for rewarding players with VGX tokens within the Genopets ecosystem.

George Town, Cayman Islands, April 3rd, 2024, Chainwire

The VGX Foundation, which operates out of the Cayman Islands, has formed a partnership with Genopets. Genopets This collaboration aims to integrate the VGX token as an incentive within Genopets, a popular move-to-earn NFT game that utilizes the Solana blockchain. Through this partnership, VGX tokens bring added utility and rewards for players participating in the Genopets ecosystem. 

VGX serves as a multi-chain token, focused on enhancing utility in both GameFi and broader gaming environments. 

Launched in 2021, Genopets has quickly become a leading title on Solana, boasting over 200,000 active participants during its private beta phase. This free mobile game invites players to conjure digital pets (known as their 'Genopet'), which evolve as players engage in physical activity in the real world. Players accumulate energy from the steps they take daily, enabling them to enhance and customize their Genopet's evolution. Now, players can earn VGX tokens for the energy accrued during gameplay.

Kickstarting this collaboration, a series of challenges will be held, giving Genopets players the chance to win VGX from a total prize pool of $150,000 by logging their daily steps and competing on the Energy leaderboard. This competition is inclusive, welcoming both new and existing players in the Genopets community.

Moreover, newcomers to Genopets can take advantage of an exclusive reward of rare food and toys for their Genopet by using the referral code 'VGX' during registration and logging their initial steps within this promotional event.

As part of the broader partnership initiative, those who earn VGX can transfer their tokens to Gala Games, where they can purchase a season pass for the game Voyager: Ascension, unlocking additional rewards for future gaming experiences.

"We’re excited to unveil this collaborative venture with Genopets, a pioneering force in the web3 gaming arena on Solana,” stated Claire Abrehart, Director of VGX (BVI) Ltd. “This partnership not only builds on our previous achievements but also expands the horizons for the VGX ecosystem. By integrating our token into Genopets’ dynamic player base and the dedicated Gala Games community, we’re paving the way for innovative in-game reward systems and experiences throughout the Web3 gaming sphere.” Gala Games \"Forging partnerships across foundations to deliver new incentives for Genopets players, alongside trailblazers in Web3 Gaming like the VGX Foundation and Gala Games, presents a tremendous opportunity for our platform,” commented Jay Chang, Co-founder of Genopets. “Genopets was designed to intertwine an active lifestyle with enjoyable gameplay, and we couldn’t ask for more fitting partners to enhance our foundation's ecosystem.\"

Earlier this year, the VGX Foundation announced a partnership with Gala Games, leveraging the GalaChain SDK to integrate VGX as a token for in-game rewards used to obtain items and unlock engaging opportunities. Once this integration is finalized, players will have the chance to earn VGX rewards for accomplishing various in-game feats within selected titles.

The VGX Foundation is at the forefront of shaping decentralized gaming economies with its innovative blockchain-based gaming token, VGX. Serving as both an in-game currency and a reward system, VGX empowers a variety of gaming communities. The Foundation actively promotes expansion by facilitating grants and partnerships with game developers and platforms, widening the scope of the token's application and fostering a vibrant VGX ecosystem.

About the VGX Foundation

Genopets is a Free-to-Play, Move-to-Earn NFT mobile game that makes embracing an active lifestyle both enjoyable and rewarding. A Genopet represents a digital pet whose evolution is directly linked to your own activities. The more you physically engage each day, the more you progress through the Genoverse, exploring, battling, and evolving—earning cryptocurrency on your journey.

About Genopets

Genopets Please note that the details shared on this page do not constitute legal, tax, investment, financial, or any similar type of advice. It’s crucial to invest only what you can afford to lose and seek independent financial counseling if you're uncertain. For more information, we encourage you to review the terms and conditions along with the help and support resources available from the issuer or advertiser. MetaversePost strives for accuracy and impartiality in reporting, yet market conditions can shift unexpectedly.

Contact

Account Director
Jonathan Duran
Melrose PR