Mirai Labs Shifts Pegaxy to Avalanche, Leaves Polygon Labs

Mirai Labs Shifts Pegaxy to Avalanche, Leaves Polygon Labs

Mirai Labs, the game studio behind the popular blockchain game Pegaxy, has announced a significant move from Polygon to its own Avalanche subnet. This transition is expected to boost the development and performance of its various projects, including the Pegaxy game, the PGX token, the Petopia and Mirai apps, and Mirai Pay.

Key Reasons for the Transition

Corey Wilton, the CEO and co-founder of Mirai Labs, has stated that their Chief Technology Officer, Steve Nguyen, played a significant role in the recent decision to transition from Polygon Labs to Avalanche. In an interview with Decrypt, Wilton explained that the move was driven by the technological benefits and support offered by Avalanche, which were found to be lacking in their previous partnership. Additionally, Avalanche’s proactive approach in assisting game developers, exemplified by their Avalanche Arcad3 program, further encouraged Mirai Labs to make the transition. The program, initiated by Ava Labs, aims to bridge the gap between game developers and crypto firms, facilitating a deeper exploration of blockchain technology in gaming.

Impact on Pegaxy and Mirai’s Ecosystem

Pegaxy, a play-to-earn horse racing game featuring unique winged, mechanical NFT horses called “Pegas,” is expected to see enhanced gameplay and broader development opportunities on the new platform. With this move, Mirai Labs has also converted its Pegaxy gaming governance token, $PGX, into the official gas token of its Avalanche subnet. This change signifies a more integrated and efficient use of their token within their gaming ecosystem.