Pegaxy Review - Proper Tokenomics

Perhaps this topic is not entirely related to #axieinfinity but I assume most of you guys either bought, heard or participated in #pegaxy ecosystem.

Given that the principles are similar, at least when it comes to schoolarships and investing in digital assets, I thought it might be a good idea to share my stand regarding this particular game.

In case you're not familiar with it, and you've been living under the rock, #pegaxy is an #NFT based game whereby the horse owners compete with each other in order to win #VIS token.

#VIS is in game utility token just like #SLP, but burn/mint ratio is a lot healthier, at least for now. It's worth noting the game is still in the early stage, so consider doing due diligence before investing. NFA boyz.

Going further, the concept is quite straightforward, you buy a horse which can be utilized in different ways. You can let them compete, you can breed them in order to inflate/create new ones, or you can rent them for breeding or giving others the opportunity to earn whilst earning yourself. Game is not playable, at least not in terms of navigating with ur assets, so the cut between the owner and schoolar is a lot lower. Once that changes, I'll increase the ratio.

The concept is not new though, but the execution part is. I've got used to Sky Mavis not listening to the community so this comes as a fresh surprise.

Adding more sinks to #Vis is what matters and besides breeding, there are different mechanic to it, for instance you can change your horses name, you can use in game items to change the colors of your horse...

Unlike #SLP there's more things u can use utility token for. That's what Sky Mavis can't understand and that's why the death spiral continues.

I own around 15 pieces and am planning to expand further.

Let's see what the future holds.