Blockchain Gaming

Aavegotchi Announced Grants for Game and Dapp Development

aavegotchi liquidators gotchiverse realms screenshot

The developers of Aavegotchi have announced the Aavegotchi Graants, a series of ecosystem grants to have developers make games using the pixelated ghosts. The grants range from 500 up to 5000 DAI, and are sponsored by Polygon Studios, Ivan on Tech and Moralis Web.

Aavegotchi itself was born as an idea, funded by the AaveAave team. Now the Aavegotchi team wants to return to favor to other aspiring developers by providing grants. The grant program follows the success of the first Aavegotchi Game Jam. Pixel Craft Studios now hopes to welcome more minigames to their ecosystem, covering both ecosystem dapps and games.

Game developers will need to provide a functioning proof of concept that can be used during the second season of Rarity Farming. Ecosystem developers will need to validate the value their dapp adds to the Aavegotchi ecosystem. If you want to develop a game or a dapp, please read the official announcement.

Next Aavegotchi sale will involve land

Looking at their roadmap for the rest of the year, Aavegotchi revealed that their first land sale will take place in October. They will sell parcels in the Gotchiverse Realm one month later than originally planned. When Aavegotchi sells their first land parcels, they will do this following the bid-to-earn method. During this first land sale, the team will sell 16,000 REALM parcels. In addition 4,000 REALM parcels will go to the Drop Ticket Raffle. The team will reveal more details about the land sale later this month.

Before the REALM land sale takes place, Aavegotchi has a bunch of other events planned. Right now users can stake their GHST tokens to earn frens points, which they can use to buy raffle tickets. These tickets could earn users a portal for Haunt 2. In addition there will be a DAO event in two weeks, followed by a Frens wearables raffle at the end of the month. In October the team will allow users to make an offer on their Baazaar NFT marketplace, followed by the second season of Rarity Farming.

What is Aavegotchi?

Aave is the Finnish word for ghost. An Aavegotchi is a cute little pixelated ghost that has several traits. First of all, there’s financial collateral backing the existence of the little ghost. In addition, these ghosts have random traits, they can wear clothes and others items, and they come with a certain rarity level. You could see an Aavegotchi ghost as a modern piggy bank that generates interest while wearing cool pixelated items. The money backing the ghost will always be there. And adding rare NFT wearables increases its performance and therefore makes it more valuable.

With GHST Aavegotchi has a newly announced eco-governance token. Users can acquire GHST through Uniswap and other exchanges, or the Aavegotchi platform. You buy GHST using DAI, and you need some Aave aTokens, like aDAI for example. Then you need to spend GHST to get a portal, which will give you a cute little Aavegotchi. Owners can use this little ghost in games, sell them for a profit or burn them to regain the money backing its existence.

Robert Hoogendoorn avatar
Robert Hoogendoorn is a gamer and blockchain enthusiast. He got in touch with crypto in 2014, but the fire really lit in 2017. Professionally he's a content optimization expert and worked for press agencies and video production companies, always with a focus on the video games & tech industry. He's a content manager and creator at heart, started the Play to Earn Online Magazine in early 2020.