I am currently 5th using my horse BRODIE MOSS (YBS) hehe.
Pegaxy (Pegasus Galaxy) is a play-to-earn blockchain racing game with futuristic mythological styling built on the (MATIC) Polygon Network.
The game style is a PVP horse racing game where you earn VIS (Vigorus) when you place a position at the end of the race – First, second and third place.
Each race has randomised 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).
I started out at the end of 2021 racing other peoples horses (PEGA’s) for a profit share. Once I figured it out I bought my first horse (PEGA) in December, and shortly after bought a bunch more.
So now I rent the horses out to end users that can race them for me. Racing is time consuming as each time you want to do a race you have to sign transactions in Metamask using your Nano Legder, and sometimes the network can get busy.
I change the profit share to coincide with market prices. For example I would give someone 10% of all winnings, but for that 10% they must sit there and race my horse, it can be up to 25 races if the horse is fully rested. It can take 3-4 minutes to get from the last race and ready for the next race depending on the network.
In January I was renting horses out for 10 days at a time and each horse would earn me 350 USDT or £250. You can choose whether you race for VIS or PGX, whatever you choose you can then convert into USDT, and from there send to an exchange and swap for fiat.
I was taking a small amount of profit, but for the most part I was using my winnings to buy more PEGAS. These horses are NFTs, so even if you are not actively racing them, they still have value.
Breeding opens you up to a world of many possibilities also! I won’t go into detail on that in this post, but you can breed a male and female to make a rare breed type.
You can sell any of your horses from your stable within the marketplace, as well as buy more.
How To Play
- Connect your Wallet to the Polygon Chain and Pegaxy Website (I use a Nani Ledger).
- Buy or rent a single horse (PEGA) from the marketplace.
- Click the Enter Race button and you will be entered into a lobby matching your Pega's class right away.
How much can I earn in Pegaxy?
On average, you can earn around 250–350 VIS per day. Currently the win percentage is around 20–25% for all horses. This might also change depending on future game developments. The VIS price back in Feb 2022 was $0.25. Current VIS price at the time of writing is $0.00004137. Now is not the time to be taking profits haha, but I am still racing my PEGAs every day to earn both VIS and PGX. I believe the price will return in the next bull market. I choose to race the horses myself in this bear market as it’s not worth getting other to do it on a profit share, as the rewards are so small at the moment there is less motivation.
How does Pegaxy make money?
The studio receives funding from the 3% fee of all marketplace transactions, regardless of whether the sale was done by $PGX or $USDT tokens.
I will be doing more Pegaxy posts over the coming days, there’s a lot to talk about…
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