Pegaxy may release box and key airdrops with new items, coming on July 7. Previously, the game had hinted to its players to save the date, with hints suggesting the airdrops may contain wearable gear. The actual airdrop will be a collection of profile pictures of various rarity, similar to other collections of NFT avatars.
The drops add a new earning element to races, boosting game engagement. Pegaxy competitions now offer much lower prices due to sinking VIS and PGX market valuations.
As with other releases, the first to participate in the new airdrops will be the owners of Founding Pega NFT. One NFT mint per Pega will be available for all but banned accounts. The first airdrop will contain 5,000 ordinary Pega avatars, 100 Special rare items and 5 God-tier items.
The avatars will be formed of a mix of features, combining spikes, chest shape, horns, mouth and nose and more than 40 backgrounds. The collection will then be tradable on OpenSea, as with other avatar mints.
There will be no special snapshot needed and the owners can keep their Pegas in lending contracts. The randomly assigned avatars will be airdropped to previously approved wallets. The new avatars will not add to the Pega count of playable NFT, which are already reaching close to 1M.
Pegaxy Tries to Rebuild Game Value
The NFT collection arrives during expectations of other updates, as the Pegaxy team had promised to add consumables and wearables. The actual avatars may only have cosmetic qualities and no real utility within the game.
VIS, one of the utility tokens of the game, still hovers around $0.000091. PGX is stuck around $0.02. Pegaxy playable horses last had a floor price of 0.01 ETH, and now most are being resold based on bids, with diminishing interest.
The Pegaxy game now invites 4.41K users based on smart contract activity measured by DappRadar.
The Pegaxy game now faces the challenge of remaining appealing to its old player base. After giving up on the idea of metaverse ownership of stadiums, the NFT avatars may be a temporary tool to offer value and new trading opportunities through rarity and luck.