Pegaxy
Pegaxy is a Seychelles-domiciled, private web3 game studio founded in 2021 that builds play-to-earn metaverse games anchored by its $PGX governance token, raising $2.5M in a 2021 token sale from crypto-native VCs.
- Company typePrivate
- Founded2021
- HeadquartersMahé, Seychelles
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
Pegaxy firmographics
Firmographics- Name
- Pegaxy
- Website
- https://pegaxy.io
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Pegaxy is a Seychelles-domiciled, private web3 game studio founded in 2021 that builds play-to-earn metaverse games anchored by its $PGX governance token, raising $2.5M in a 2021 token sale from crypto-native VCs.
- Ownership category
- akta.pro rank
Pegaxy industry classification
Industry- Product category
- Blockchain Gaming
- akta.pro primary industry
- Web3/Blockchain Game Studios (MPAFAAAO)
- akta.pro secondary industry
- Play-to-Earn & Reward Platforms (questing, loyalty, airdrop mechanics) (FSAPAGAH)
Keywords
Where Pegaxy is headquartered
LocationHeadquarters
- HQ city
- Mahé
- HQ country
- Seychelles
Markets served
Pegaxy business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Governance Token Sale: Pegaxy completed a strategic sale of its governance token $PGX to raise capital for the development and growth of the Pegaxy metaverse and play-to-earn gaming industry.
Pegaxy product offering
Product offeringCore offering
Pegaxy develops a Web3-based play-to-earn horse racing game within a metaverse environment. Players participate in the game and interact with the platform through the $PGX governance token, which underpins in-game value flow and platform governance. The product combines blockchain-based gaming with tokenized player rewards and decentralized governance.
Differentiator
Problem solved
Functional benefit
Brands
- $PGX: Governance token of the Pegaxy platform
Products and services
- Pegaxy (metaverse horse racing game) Blockchain-based play-to-earn horse racing game within the Pegaxy metaverse, designed for individual crypto-native gamers who can participate in gameplay and interact with the platform's $PGX token economy.
- $PGX governance token Native governance token of the Pegaxy platform, sold to investors and used to underpin decentralized governance and value flow within the Pegaxy metaverse and play-to-earn gaming ecosystem.
Companies that use Pegaxy
Customer profileIdeal customer profiles1 record
Pegaxy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Pegaxy partnerships and signals
Strategic signalScale indicators1 record
Pegaxy competitors and assessment
Company assessmentDirect peers
- Illuvium: Illuvium is a Web3 game studio building open-world RPGs with ILV governance token and NFT-based in-game assets. Directly comparable as a blockchain game studio targeting the same play-to-earn/own audience as Pegaxy.
- Decentraland: Decentraland operates a virtual world / metaverse platform with MANA token and LAND NFT economy. Comparable as a token-governed metaverse platform targeting similar crypto-native gaming audiences.
- Axie Infinity (Sky Mavis): Sky Mavis operates Axie Infinity, the canonical play-to-earn blockchain game with a governance-style token (AXS/SLP) economy. Directly comparable to Pegaxy as a Web3 game studio whose core product is a P2E token-driven ecosystem.
- Gala Games: Gala Games is a Web3 game studio and publishing platform issuing GALA tokens across multiple blockchain game titles. Comparable as a multi-game Web3 studio with token-based reward and governance mechanics.
- Big Time Studios: Big Time Studios develops Web3 multiplayer action RPGs with NFT-based in-game items and token rewards. Comparable as a venture-backed Web3 game studio targeting the play-to-earn / play-to-own segment.
- The Sandbox: The Sandbox is a user-generated metaverse gaming platform with a SAND governance token and NFT asset economy. Comparable as a Web3 metaverse + gaming platform with token-driven incentive design similar to Pegaxy.
Broad incumbents
- Immutable: Immutable operates a Layer-2 blockchain and gaming infrastructure (IMX token) that powers multiple Web3 game studios. Comparable as enabling infrastructure for the same Web3 gaming category Pegaxy operates in.
- Animoca Brands: Animoca Brands is a large Web3 gaming and metaverse investment/operating company with a portfolio including The Sandbox, Axie Infinity (via Sky Mavis), and many others. Comparable as the dominant Web3 gaming incumbent that has invested in or backs most of Pegaxy's direct competitors.
- Wemade: Wemade is the Korean game publisher behind Legend of Mir and a major Web3 gaming ecosystem via WEMIX. Comparable as a traditional gaming incumbent transitioning to blockchain/Play-to-Earn with tokenized game economies.
Emerging players
- STEPN (Find Satoshi Lab): STEPN pioneered move-to-earn with its GST/GMTE token economy. Comparable as a token-reward gaming/lifestyle application that, like Pegaxy, depends on sustainable reward tokenomics in a sector that has subsequently contracted.
Market position
Customer concentration
Pegaxy social profiles
Digital presencePegaxy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Pegaxy leadership team
Management profileNumber of profiles
Profiles1 record
Pegaxy funding detail
Funding detailFunding overview
Funding rounds1 record
Investors15 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Pegaxy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Pegaxy
What does Pegaxy do?
Pegaxy develops a Web3-based play-to-earn horse racing game within a metaverse environment. Players participate in the game and interact with the platform through the $PGX governance token, which underpins in-game value flow and platform governance. The product combines blockchain-based gaming with tokenized player rewards and decentralized governance.
Is Pegaxy a public or private company?
Pegaxy is a private company. It is classified as venture growth investor backed and is currently operating.
When was Pegaxy founded?
Pegaxy was founded in 2021. It employs 11 to 50 people.
Where is Pegaxy based?
Pegaxy is headquartered in Mahé, Seychelles.
How does Pegaxy make money?
One revenue line is on record: governance Token Sale.
Who are Pegaxy's main competitors?
Direct peers on record are Illuvium, Decentraland, Axie Infinity (Sky Mavis), Gala Games, Big Time Studios and The Sandbox. Broad incumbents are Immutable, Animoca Brands and Wemade. STEPN (Find Satoshi Lab) is listed as an emerging player.
Does Pegaxy have an API?
No public API is recorded for Pegaxy.
What industry is Pegaxy in?
Pegaxy's product category is Blockchain Gaming. Its primary akta.pro industry code is MPAFAAAO, Web3/Blockchain Game Studios, with a secondary code of FSAPAGAH, Play-to-Earn & Reward Platforms (questing, loyalty, airdrop mechanics).