Pegaxy Scholarship 101 — How To Get Pegaxy Scholarship
Getting a Pegaxy Scholarship is becoming difficult daily as new scholars are introduced to the games daily. Landing a scholarship opens you up to a whole new way to earn by just playing video games and having fun. In this post, we’ll address some of the most frequently asked questions concerning scholarships.
What is Pegaxy Play to Earn Game
Pegaxy is a play-to-earn PVP horse racing game in which users compete against 11 other racers for the top three positions. Each race has randomly generated elemental factors such as wind, water, fire, and speed. Players must place in the top three using clever improvements, food, and skill to win the platform’s utility token, VIS (Vigorus).
Players may earn VIS tokens by breeding, renting, selling, and racing Pega. This technique enables enormous guilds, scholarship programs, and even lone users to acquire in-game tokens via daily racing.
The first 5,000 Founding Pega were sold in October 2021, and the IDO made its debut in November. The Pegaxy Development team created the first 5,000 “Founding” Pega. After #5,000, every Pega was made by the game’s breeding algorithm.
Pegaxy Gameplay Overview
The Pegaxy gameplay is currently a 2D Version 1 model, with racing performance determined by a random number generator (RNG) (random number generator). In the near future, this will be converted to a more aesthetically appealing 3D version, with a new skill and strategy-based components incorporated.
When the coming shift to Version 2 is complete, greater qualities for a horse will be handed on to the following generation through rarer bloodlines, making horse breeding even more important.
About Pegaxy Scholarship
So you want to be a Pegaxy scholar but need a few more things beforehand. Obtaining a Pegaxy scholarship opens the door to a whole new method of earning money by just playing video games and having fun.
Pegaxy is a horse racing game built on the Polygon blockchain, in case you weren’t aware. Earning a Pegaxy scholarship enables you to hire out a Pega to race and collect token prizes.
You can see this pegaxy whitepaper page to a better understanding of how the Scholarship works and how you can go around it
Pegaxy scholarships Allocation Breakdown
According to IndiGG, an India-based pegaxy scholarship firm the scholarships will be distributed between existing scholars, new members in the IndiGG Discord, community members, and giveaway contests.
Here’s the breakdown by Percentage:
- 30% — Existing scholars
- 20% — new Discord members
- 45% — IndiGG Community members
- 5% — Giveaways
Pegaxy Scholarship Calculator
Before applying for a Pegaxy scholarship it is best you take out time to study how the earnings is being calculated and know if you really think what you’ll earn will be able to meet your expectation.
Pegaxy.tech is an online scholarship calculator that helps both managers and scholars to Split their profits and know what each person is capable of earning. There are many factors that impact scholarship earnings and the results of the calculator are not financial advice. Please do your own research.
Pegaxy Scholarship Payout Cycle
Payouts for our Pegaxy scholars will follow a cycle every 15 days. During this 15 day period, scholars can increase their levels that will correspond with their cut.
Every scholar starts with a 60% cut of the revenue they generate in Pegaxy. For example, for every 16k exp gain within 15 days, the scholar is eligible to receive an extra 2% hike. The maximum % a scholar can receive is up to 70%.
Also be sure to note that during the first cycle, we will not be having the 5% allocation for giveaways. This is to give members some time to rank up.
How to Setup Pegaxy Scholarship
While scholarship funds are currently being distributed by secret organizations, the following video will walk you through the process of creating a scholar account.
