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Pegaxy (PGX) is the 2468th largest cryptocurrency in the world by market cap, valued at $1,823,762. The current price of Pegaxy is $0.00600606, which is -2.258% lower than yesterday. Prices have ranged between $0.00626716 and $0.00593542 over the past 24 hours. All prices are listed in US dollars and accurate as of March 25, 2023 09:03 UTC.
Pegaxy Stone (PGX) is the governance token for the Pegaxy blockchain game. It is an ERC-20 token built on the Polygon (MATIC) Chain.
Pegaxy is a play-to-earn blockchain game involving the racing, breeding and renting of mythologically styled mechanical horses. Utilizing a PvP format, participants race one another to win rewards.
The Pegaxy game uses a dual-token economy. PGX is primarily used for the governance of the platform. Holding the token allows a participant the ability to influence decisions made by the platform’s team. Through the introduction of community treasury staking, Pegaxy aims to allow users to earn PGX through gaming.
Aside from governance and staking, other use cases for PGX include breeding fees, the purchasing of Pega on the marketplace and tournament rewards.
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