Vigorus, also known as VIS, is a utility token in the online NFT-based horse racing game, Pegaxy. As the game has gained popularity, so too has Vigorus, becoming a popular NFT among many investors. The goal of this article is to provide a comprehensive guide on how to convert Vigorus to Philippine Peso (PHP) and how to make the most out of it. Today’s VIS To PHP rate is ₱0.005, meaning you can get ₱50 for 10K VIS.
What is VIS (Vigorus)?
VIS, also known as Vigorus, is a utility token that is tied to an online horse racing game called Pegaxy. In the game, players can earn VIS through various in-game activities such as bidding fees, trading at the in-game marketplace, stalking community treasures, and purchasing consumables found in the game. The value of VIS is determined by supply and demand and its market capitalization, trading volume, and supply can fluctuate. Economic or political factors may also affect the value of VIS. It’s important to note that the token serves as a utility token and is primarily used within the game ecosystem.
Players can use VIS to participate in horse races, breeding, and renting of horses in the game. It can also be used to purchase in-game items such as consumables, which can give players an edge in the game. VIS can also be converted to fiat currency, such as Philippine Peso (PHP) through various platforms or exchanges.
It is important to stay informed and up-to-date on any developments in the VIS market, as the value of the token can fluctuate based on supply and demand. It’s also important to conduct your own research, fact-check and consult with a financial advisor before making any investment decisions. As with any investment, there is always an element of risk and it’s important to be aware of potential risks before investing in VIS or any other cryptocurrency.
What is Pegaxy?
Pegaxy is an online racing game that combines elements of fantasy and futurism. The game takes place in the Pegasus Galaxy, where players can participate in player vs player (PVP) format races to win rewards in the form of VIS, the platform’s native utility token.
In Pegaxy, players can race, breed, and rent horses known as Pega, which are descendants of the mythical Pegasus. The game features a unique ecosystem that allows players to enter any race for free, making the gameplay highly competitive. Players compete against 14 other racers in an attempt to earn a top 3 placement and win VIS tokens as a reward.
To be successful in Pegaxy, players need a combination of knowledge, strategy, and skill. Racing, breeding, and renting horses all require dedication and time investment. The rewards, however, are lucrative and make the effort worthwhile.
Pegaxy offers a unique experience for players who are interested in horse racing games, as it combines elements of strategy, skill, and competition to create an engaging and rewarding experience. The game’s economy model is also noteworthy, as it allows players to enter any race for free, making it accessible to a wide range of players. The rewards in the form of VIS tokens, the platform’s native utility token, make it a great option for those looking to earn cryptocurrency while playing a fun and engaging game.
What is PHP (Philippine Peso)?
The Philippine Peso, commonly referred to as PHP, is the official currency of the Philippines. It is issued and controlled by the Central Bank of the Philippines, also known as Bangko Sentral ng Pilipinas. The currency has been in use since the late 1800s, with the current peso being the eighth series of Philippine currency. The PHP is divided into 100 centavos and is denoted by the symbol “₱”.
The Philippine economy is largely based on exports, with the country being a major exporter of electronic goods, textiles, and agricultural products. The peso is widely used in everyday transactions, such as purchasing goods and services, paying bills, and remitting money to family and friends. The currency is also used in the stock market and in foreign exchange transactions.
The Central Bank of the Philippines is responsible for maintaining the stability of the peso by implementing monetary policies and controlling the money supply. The bank also monitors inflation rates and intervenes in the foreign exchange market to manage the value of the peso against other currencies.
The Philippine peso has been relatively stable in the past few years, but it has been affected by global economic and political factors. The currency has been also affected by the fluctuation of commodity prices, particularly oil prices and the movements in the US dollar.
It’s important to note that the value of Philippine Peso may fluctuate based on a variety of economic and political factors and it’s important to stay informed and up-to-date on any developments in the market before making any financial decisions. It’s also important to consult with a financial advisor or professional before engaging in any foreign exchange transactions.
Converting VIS to PHP (Vigorus to Philippine Peso)
Vigorus can be converted to PHP through various platforms or exchanges such as Coinbase, Coingecko, and Coinmarketcap. These platforms offer real-time updates, accurate data, and the convenience of not having to go through the process of verification and registration. The process of converting Vigorus to PHP involves selecting a fixed or floating rate and submitting VIS for conversion. Fees or charges may be associated with the conversion process. It is important to research and compare different platforms before choosing one to use.
VIS to PHP Conversion Rate
PHP to VIS Conversion Rate
Risks and Considerations
Converting Vigorus to PHP does come with potential risks. The volatility of Vigorus and the cryptocurrency market in general can lead to potential financial losses. Additionally, there is a risk of hacking, scams, and frauds. To mitigate these risks, it is important to keep your private keys safe and to research the platform before using it.
In conclusion, Vigorus is a popular utility token in the online horse racing game, Pegaxy. It can be converted to PHP through various platforms and exchanges. However, it is important to conduct further research and stay up-to-date on any developments in the Vigorus market before making any financial decisions. Additionally, it is important to be aware of potential risks and take steps to protect oneself from potential losses.