Pegaxy is a play-to-earn horse racing game in PVP style. Players compete, using strategic upgrades, food, and skill, for the top three positions in the game while racing with eleven other participants. This helps them to gain a utility token, VIS (Vigorus), from the platform. Random elemental variables, such as wind, water, fire, speed, also appear in different races.
It is better for you to have more Pega by breeding for fun, resale profit, or for your scholars. You can also become a manager in the ecosystem without a manual scholars payment or multiple wallets, as escrow safely, instantly, and automatically handles the functions in Pegaxy.
Pegaxy has built a good image in the crypto industry. Many people consider its team transparency, gameplay, and community involvement during the development process as the factors behind its popularity. However, some others think this is because it innovates economic balance, rental systems, and on-chain technology. The project aims to provide an ecosystem to users for playing, socializing, and working in the Metaverse and becoming the hometown of horse racing.
Pegaxy (PGX) Fundamental Analysis
Pegaxy is built on the Polygon chain. It has proved to be reliable for making an NFC-based game as it enables teams to assemble large guilds, scholarship programs, and opportunities for solo players to earn game tokens through daily racing. Players will direct and develop the Pegaxy game by making decisions through community involvement and eventual governance. It has two native tokens in this financial ecosystem.
The first one is Pegaxy Stones (PGX) for governance, and the other is Vigorus (VIS) for utility in the platform. It allows the players to race, breed, sell and rent their Pega to earn the utility token. Initially, there was a sale of five thousand Pega called founding Pega in October 2021, while PGX was launched a month later. Only these founding Pega were created by the Pegaxy Development team, while later Pega forms by breeding models inside the game. Pegaxy Stones (PGX) would be present on the Polygon Layer 2 chain, and players could only gain it by gaming. But new ways are added later, with the introduction of community treasury staking.
Owners and Renters are able to race their Pega in PVP mode or sell the new ones or the ones with high performance on the marketplace to earn on the platform. Other ways include renting Pega to get a share of racing profit or fixed rent in the Rental Marketplace. They can also collect rare “Founding” and “Crowned” Pega to resell through marketplace price speculation. Users can also get significant PGX rewards by getting a position among the top 15 racers by competing in Pegaxy’s global competition, called “The Grand Dash.”
It is an annual competition between the top 12 racers of every class in a series of events. The top 3 winners of each class, assembled as top 15, are announced at the Grand final in December. Players could also be able to stake their tokens at the time of live staking inside the treasury to earn the rewards of PGX and the authority of voting and suggesting the main developments of the ecosystem. Eventually, through large-scale tournaments and other events, players will be able to earn PGX.
Being built on the Polygon/Matic Layer 2 Solution, this Metaverse uses the dual token economic model. Axie Infinity first introduced this model in late 2020. The game was 2D at the start but evolved into 3D after the completion of the testing. Further expansion will be done after confirmation of its compatibility with low-end Android devices. The primary focus of the developers was to make the game run smoothly on mobile. Another important thing in the game’s economic model was to empower rental programs and guild growth on a large scale. This will distribute opportunities among the people who want to access the game for free, in relevance with the game ethos.
The decentralization of the game will not be a simple process but will eventually occur after trials, errors, and perfection in the gameplay, the game economics, and DAO. Pegaxy will be a centralized game at the time of release, but after many years of development in-game and growth in the community, it aims to become decentralized. The Pegaxy ecosystem fees are mentioned on the platform for the first year. These fees will help in expenses of development, building a solid foundation, large-scale partnerships, and recruiting senior experts in the game studio. The game studio is thus allowed to further progress while positively accelerating the game’s development, hence the inevitable decentralization of the game.
If you want to play the game, first, you need to connect your wallet to the Polygon Chain and Pegaxy Website. Then, buy or rent a single Pega from the marketplace and click on the ‘Enter Race button.’ It will simultaneously take you to the lobby in accordance with your Pega’s class. After the filling of the whole lobby, you will get a minute to assess the track variables for fitting gear that matches your Pega with the challenges of the track variables. Finally, watch your Pega, racing against the other eleven competitors. You would win the utility token only if you secure a position in the top 3.
Roadmap
The roadmap of Pegaxy got updated on the 19th of November, 2021. The developers concluded a PGX Private Sale in the third quarter of 2021, according to the roadmap. In the fourth quarter, they had planned an initial offering of DEX for the $PGX Governance Token and sale of Founding Pega. The release of the game’s Beta desktop and 3D gameplay on the desktop, native marketplace, renting and breeding platform, and issuing the earned fabled tokens to players. They had accomplished all the goals for the third and fourth quarter of 2021, except the beta release of the Pegaxy Game on mobile.
For the first quarter of 2022, they have planned for the initial sale of Pega food, the beta release of 3D Gameplay on Mobile, Pega name change (VIS Sink), the release of the Pega network integration of Ramp, and enabling the token swap on the platform. In the second quarter of 2022, there is a sale event of the first stadium, introduction to Lootbox/ Gacha system, Pegaxy community Hackathon with Developer incentive funded-rewards, and the release of Pegaxy Game on iOS and Android device app stores.
We can expect, through the roadmap, an introduction of Secondary Racing Mode and Pega Burn System in the first quarter of 2023. An initial sale of Perseus (Rider) NFT is planned for 2023’s second quarter and the introduction of community-based games in the third quarter of 2023. There might be interoperability or cross-chain use of Pegaxy NFTs in other games.
Tokenomics
The blockchain mainly consists of two native tokens. Both are built on a Polygon Matic chain and are ERC-20 type tokens. The first one is the governance token, Pegaxy Stone PGX, with a total supply of one billion. Its purpose is to buy and sell items in the marketplace, community-based governance through staking, and in-game Pega breeding. The other one is the uncapped utility token Vigorus (VIS). It is only burned if used in the game and is created only through proof of work within the game. It is used in Pega breeding fees, race rewards for top 3 positions, and purchasing items in-game NFTs.
Pegaxy (PGX) Price Analysis
PGX was first tradable at the end of 2021, with a total supply of one billion. The current price of PGX is $0.7631 and has a market capitalization of more than $790 million. The price has shown bullish trends ever since it was released to the public.
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Crypto Academy Pegaxy (PGX) Price Prediction 2022
| Months | Minimum Price | Average Price | Maximum Price |
| January 2022 | $0.255 | $0.4 | $0.83 |
| February 2022 | $0.3 | $0.4 | $0.5 |
| March 2022 | $0.36 | $0.54 | $1.07 |
| April 2022 | $0.44 | $0.6 | $0.65 |
| May 2022 | $0.49 | $0.66 | $0.7 |
| June 2022 | $0.5 | $0.7 | $1.28 |
| July 2022 | $0.59 | $0.7 | $0.8 |
| August 2022 | $0.65 | $0.75 | $0.83 |
| September 2022 | $0.78 | $0.82 | $1.27 |
| October 2022 | $0.83 | $0.9 | $0.97 |
| November 2022 | $0.9 | $1 | $1.25 |
| December 2022 | $1 | $1.25 | $1.5 |
Pegaxy (PGX) Price Prediction January 2022: Pegaxy had a minimum price of $0.0255 in January 2022, with an average price of $0.4 and a maximum price of $0.83.
Pegaxy (PGX) Price Forecast February 2022: In February 2022, Pegaxy can have a maximum price level of $0.5 or a minimum of $0.3, with an average trading price of $1.07.
Pegaxy (PGX) Price Prediction March 2022: For March 2022, we predict the average trading price of Pegaxy to be $0.54. It may have a minimum price of $0.36 or a maximum of $0.6.
Pegaxy (PGX) Price Forecast April 2022: In April 2022, we expect Pegaxy to have a minimum price of $0.44 and a maximum price of $0.65, with an average of $0.6.
Pegaxy (PGX) Price Prediction May 2022: Pegaxy can have a maximum price of $0.7 in May 2022 or a minimum price of $0.49 with an average of $0.66.
Pegaxy (PGX) Price Forecast June 2022: Pegaxy may reach as high as $0.78 or as low as $0.5, with an average of $1.28 in June 2022.
Pegaxy (PGX) Price Prediction July 2022: Pegaxy Can Have a minimum level of $0.59 in July 2022, with a maximum of $0.8 and an average of $0.7
Pegaxy (PGX) Price Forecast August 2022: We predict for August 2022, a maximum trading price of $0.83 for Pegaxy to be with an average price of $0.75 and a minimum price of $0.65.
Pegaxy (PGX) Price Prediction September 2022: In September 2022, Pegaxy can have a minimum price level of $0.78 and a maximum of $0.87 with an average trading price of $1.27.
Pegaxy (PGX) Price Forecast October 2022: We predict the minimum price of $0.83 and a maximum Pegaxy price to be $0.9, with an average trading price to be $0.97 in October 2022.
Pegaxy (PGX) Price Prediction November 2022: In November 2022, Pegaxy can have a minimum price of $0.9 or a maximum of $1.25, with an average price of $1.
Pegaxy (PGX) Price Prediction December 2022: Pegaxy can have a minimum price of $1, with an average price of $1.25 and a maximum price of $1.5 in December 2022.
Pegaxy (PGX) Price Prediction 2022 Q1
We expect the average growth rate to be $0.54 in this period. However, it may have a minimum price of $0.36 or a maximum of $1 because of the Beta release of 3D gameplay on the mobile and token swap on the platform.
Pegaxy (PGX) Price Prediction 2022 Q2
We hope for the second quarter of 2022 marked with Pegaxy reaching as high as $1.28 or as low as $0.5, with an average of $0.7 and experiencing a price rise due to the sale event of the first stadium, release of Pegaxy game on iOS and Android Device App Stores.
Pegaxy (PGX) Price Prediction 2022 Q3
Pegaxy may rise to a much higher price at the end of the third quarter due to the introduction of community treasury and Pegaxy community Hackathon. As a result, the price can grow to a minimum price level of $0.78 or a maximum of $1.27, with an average trading price of $0.82.
Pegaxy (PGX) Price Prediction 2022 Q4
This year may end with a bullish price trend by the launch of staking $PGX into the treasury. The fourth quarter can face a minimum price of $1, with an average price of $1.25 and a maximum price of $1.5.
Crypto Academy Pegaxy (PGX) Price Prediction 2023, 2024, 2025, 2026
Pegaxy (PGX) Price Prediction 2023
If Pegaxy works smoothly in 2022 and introduces a secondary racing mode and Pega burn system in 2023, it would become a very profitable currency. There can be a minimum value of PGX to be $3 in 2023, while the average value can be $3.5. It can even reach the maximum price value of $3.75.
Pegaxy (PGX) Price Prediction 2024
In 2024, PGX may become even more stable in price. Bitcoin halving, which is set to occur that year, can also increase its price even further. So, the minimum value of PGX can be about $5. Its maximum level can be as high as $6, with an average of $5.5 by the end of 2024.
Pegaxy (PGX) Price Prediction 2025
The minimum price of the token in 2025 can be $7 with a maximum level of $9 and an average of $8, by gaining more attention with its advanced gaming technology on both desktop and phone.
Pegaxy (PGX) Price Prediction 2026
In 2026, the maximum price PGX may reach as high as $12, with an average price of $11, by giving more facilities to gamers and getting more partnerships. The minimum price can be $10 under unfavorable conditions.
Pegaxy (PGX) Market Price Predictions
Crypto experts and related websites have high expectations for this asset. Some of the predictions related to Pegaxy are mentioned below.
Wallet investor
They predict the future values of Pegaxy with technical analysis. They consider it to be a profitable investment with good returns. Its present price of $0.774, so 100 dollars today, is equal to a total of 129.139 PGX. Their long-term forecasts indicate that the price will be $7.43 in 2027. So, with a five years investment, it will yield a positive 860.08% revenue. So your $100 investment today may be up to $960.08 in 2027.
Pricepredictions.net
Their deep technical analysis on past price data of Pegaxy indicates that it can have a minimum price of $1.09. It can reach as high as $1.24 with an average trading price of $1,13. Meanwhile, with the five-year plan, Pegaxy price might reach $4.85 easily, till the end of 2027. After that, its value can increase to a maximum price of $37.36 till 2030.
Digital Coin Price
They predicted the lowest price of Pegaxy can be up to $3.13, and the highest price may be up to $3.48 in the future. It would be a profitable investment, according to their forecast. In a year, the price of a Pegaxy can be approximately equal to $1.1, which is a nearly one-time increase from the current Pegaxy price.
Cryptopredictions.com
Cryptopredictions forecast the Pegaxy Stone to hit $0.91 by the end of 2022. The average PGX price can be $0.88 for 2022, which is an increase of 437.41% from its current price. The highest price of 2022 can be $1.2 can appear in July 2022. They forecasted the average price of Pegaxy Stone could be $0.94 at the start of 2023. They also predicted the average price of PGX to be $1.246, $1.473, $1.649 in the years 2024, 2025, and 2026, respectively.
Tech News Leader
Pegaxy price may reach $2.00 in 2023 with a good bullish market. The average price can be $1.77 in a year. In the next three years, it may grow enough to surpass the $5.16 mark. There is a high probability of Pegaxy to increase to $30.33 in ten years. In 8 to 10 years, its value can surpass a minimum price of $29.24 and a maximum price of $36.81.
Gov.Capital
Their data indicates an uptrend in the asset price since its inception and is showing a rising tendency for the future. In a year, its price can increase up to $2.28, which is 184.503% higher than the current price. Therefore, it will make your investment of $100 to be $284.503 in a year.
How To Buy Pegaxy (PGX)
Pegaxy cannot be purchased through fiat currencies directly, but you can buy it by exchanging with a cryptocurrency, like USDT, on Kyberswap.
Step 1: Create an Account
Create an account on an exchange that converts fiat currency into a cryptocurrency., as you need to buy USDT using fiat money. You can use Coinbase or Uphold.com, according to your preferences, based on their features. You will also need to verify your identity by giving your phone number or Gmail.
Step 2: Select a Payment Method
After verification, select a payment method from a bank transfer, credit, or debit card. In some countries, credit cards charge you more but give higher transaction fees. However, in other countries, there are no such differences.
Step 3: Buy USDT.
After selecting a payment method, fill in the details of your transaction. Then, check the expected amount of USDT you will receive after buying it from that platform. After complete satisfaction, finalize your trade and confirm your purchase.
Step 4: Transfer USDT to an Altcoin Exchange
As Pegaxy is an altcoin, you should transfer your USDT to an altcoin exchange. There are many such exchanges, but the official platform of Pegaxy has mentioned Kyberswap to attain their token. So you can also prefer Kyberswap. It is a decentralized exchange and has both $VIS and $PGX listed on it. You should also connect your Metamask wallet to it and select Polygon as the Network.
Step 5: Buy PGX
Now, you can exchange the assets. First, choose USDT and then $PGX in the asset outcome. Then, adjust the transaction amounts according to your needs and Confirm Swap on Kyberswap. Also, allow Metamask for this transaction to buy PGX.
Frequently Asked Questions (FAQs)
Is Pegaxy a Good Investment?
Its strong fundamentals have made us and several other experts believe in Pegaxy as a good long-term investment. Its price seems to increase, in pace with its present price growth.
Will Pegaxy reach $10?
We expect it to reach $10 somewhere between the year 2026 to 2028, keeping in mind its present growth rates.
What will the Pegaxy be worth in 2030?
The asset’s price might be around $30 to $40 in 2030.
Where to buy Pegaxy?
You can purchase Pegaxy on Kyberswap, Binance, MEXC Global, Gate.io, and Quickswap.
Takeaways
- Pegaxy is a play-to-earn horse racing game in PVP style.
- Players compete, using strategic upgrades, food, and skill, for the top three positions in the game while racing with eleven other participants.
- Players earn a governance token PGX or a utility token, Vigorus VIS, from the platform.
- Random elemental variables, such as wind, water, fire, speed, also appear in different races.
- Its strong fundamentals have made us and several other experts believe in Pegaxy as a good long-term investment.
- PGX could reach $1.5 in 2022.
- Pegaxy cannot be purchased through fiat currencies directly, but you can buy it by exchanging with a cryptocurrency, like USDT.
- You can purchase Pegaxy on Kyberswap, Binance, MEXC Global, Gate.io, and Quickswap.