Skip to content

Press Releases are sponsored content and not a part of Finbold's editorial content. For a full disclaimer, please click here. Crypto assets/products can be highly risky. Never invest unless you’re prepared to lose all the money you invest.

VGX Foundation and Gala Games to Collaborate on new Web3-Enabled Games

Press Releases

George Town, Cayman Islands, February 4th, 2024, Chainwire

The VGX Foundation, a Cayman Islands-based Foundation Company, announced today its collaboration with Gala Games to integrate VGX, the token formerly used by the now-defunct crypto brokerage firm Voyager Digital, into VGX-specific game titles. This integration will serve as the foundation for a reward token, used to acquire in-game items and unlock engagement opportunities

Following the 2022 collapse and subsequent bankruptcy filing and liquidation of Voyager Digital in January 2023, the company’s assets were sold or liquidated. Although the VGX Foundation did not acquire any VGX tokens, there are currently more than 278 million VGX tokens in circulation.

With the newly released GalaChain SDK, developers can now test, call, and deploy chaincodes on GalaChain. After integration, gamers can earn VGX-based rewards for in-game achievements within VGX-specific titles by purchasing a season pass from Gala Games.

“The VGX Foundation is excited to provide new opportunities for gamers in conjunction with Gala Games,” said Claire Abrehart, Director of VGX (BVI) Ltd. 

About VGX

The VGX Foundation leads the evolution of decentralized gaming economies through its dynamic blockchain-based gaming token, VGX. Serving as an in-game currency and reward mechanism, VGX empowers diverse gaming communities. The VGX Foundation actively fosters growth by facilitating grants and partnerships for game developers and platforms, enabling the expansion of the token’s use case and nurturing a thriving VGX ecosystem.

Contact

Director of VGX (BVI) Ltd
Claire Abrehart
VGX Foundation
[email protected]

Disclaimer

This post is sponsored. Finbold neither endorses nor takes responsibility for the accuracy, quality, advertising, products, or other materials on this page. Readers are strongly encouraged to perform their own research before making any decisions regarding the company. Finbold will not be held accountable, either directly or indirectly, for any harm or loss that may stem from or be linked to the usage or reliance on any information, goods, or services mentioned on the page. If you encounter any issues, kindly report them to [email protected].

Sign Up

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

Already have an account? Sign In

Services

Disclaimer: The information on this website is for general informational and educational purposes only and does not constitute financial, legal, tax, or investment advice. This site does not make any financial promotions, and all content is strictly informational. By using this site, you agree to our full disclaimer and terms of use. For more information, please read our complete Global Disclaimer.