Pegaxy price

PGX

#6269

Ken Pham is the CEO and co-founder of Pegaxy (PGX). He holds a master’s degree in International Business and has a substantial background in business consulting and blockchain technology.

Pegaxy’s chief technical officer (CTO) and co-founder is Steve Nguyen, a professional engineer with extensive experience in building gaming platforms and mobile apps. He is also currently a CTO of Appota Group — a company focusing on providing platforms and technology solutions for the digital entertainment industry, based in Vietnam.

As the chief marketing officer (CMO) and co-founder of Pegaxy, Corey Wilton is involved in planning, development and execution of Pegaxy's marketing and advertising initiatives. He possesses a wide range of practical knowledge in digital marketing, blockchain and gaming.

Pegaxy (PGX) aims to increase the accessibility of play-to-earn games and allows newcomers to join the metaverse with no initial investment. All the races in Pegaxy are free to enter and Pega are available for rent on a profit share model.

Pegaxy’s rental system is trustless and automated. Every rental agreement inside of the game is created along with an escrow account, which holds and eventually distributes the assets automatically, according to the predetermined conditions. By eliminating manual payments Pegaxy is able to ensure the transparency and safety of NFT renting on the platform.

Although the game was initially released in 2D, it plans to transition to be graphically represented in the three-dimensional space upon the completion of testing and confirmation of compatibility with low-end Android devices. Pegaxy is also preparing to introduce a player-controlled game mechanics and migrate from being an auto-racer to featuring a skill-based gameplay.

The game is designed to be community-lead and plans to decentralize gradually by handing over the control to PGX holders with the project's further growth.

The total supply of PGX is 1 billion tokens. The allocation of the currency is as follows:

• Community developer incentives amount of 16% of the PGX supply;
• 30% is assigned for ecosystem reserve and marketing needs;
• 22% is held by the team;
• 10% is set aside for liquidity provisions;
• 10% was distributed through the first private sale;
• 10% allocated for the second private sale;
• 2% is devoted to IDO/IEO.

PGX is available for purchase on KyberDMM (Polygon) and QuickSwap in the PGX/USDT trading pair.

New to cryptocurrency? You can read more about how to enter the market and how to buy Bitcoin (BTC), Pegaxy (Pegaxy Stones (PGX)) or any other token on CoinMarketCap’s education portal — Alexandria.

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