Mirai Labs Moves Crypto Gaming Ecosystem to Avalanche Subnet
Mirai Labs, the crypto gaming studio behind Pegaxy and the PGX token, has migrated its entire ecosystem to its own Avalanche subnet. Mirai Labs CEO Corey Wilton shared that the move to Avalanche was prompted by their CTO, Steve Nguyen. The Ava Labs team building the Avalanche blockchain has taken steps to offer help to game developers through programs like Avalanche Arcad3. Wilton compared their experience on Polygon Labs, stating that they didn’t receive much assistance for game development on the Ethereum sidechain. Now, Mirai Labs has migrated to its own Avalanche subnet and turned its PGX token into the subnet’s official gas token.
Mirai Joins Growing Number of Game Developers on Avalanche
Mirai Labs now joins other game developers building their own Avalanche subnets, such as the teams behind Shrapnel and Off the Grid. According to Wilton, Mirai wanted a specific user experience, and subnets allowed them to control gas payments. The Mirai team has also launched an animal-themed RPG game called Petopia, where players can make in-app purchases with crypto via the Mirai app. Petopia features a “SocialFi” feature that allows players to create competitive groups or guilds that others can buy fractions of using Ethereum. Wilton also teased a potential Petopia token airdrop in the future.
Gaming Tokens as Speculative Investments
Wilton sees gaming tokens as speculative investments, stating that most of the token space is “just for degens.” He believes that a singular token revolving around a game is a means for speculation on its success. While utility is a bonus, he thinks it’s not necessary for people to consider purchasing a gaming token.
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