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Aavegotchi Bid-to-Earn Auctions Now Live
Aavegotchi is now auctioning NFTs, and adds a twist to the way these get sold through a system called bid-to-earn. They have introduced bid-to-earn as a way to make multiple people win during an auction. Pixelmatic Studios named their new auction system Aavegotchi Auction. An NFT sale often has the premise of first come first […]Read More -
Aavegotchi Launches Haunt Proposal for More Gotchis
Aavegotchi is holding a vote to decide if the cap for available Gotchis, the pixelated ghosts that populate the game world, should be increased through a so-called Haunt. The vote arose after much discussion within the community. It will last one week and determine if there will be a second Haunt, the process for creating […]Read More -
Aavegotchi Unveils Their Plans for Gotchiverse
Aavegotchi has published a litepaper, revealing their plans for a virtual world called the Gotchiverse. This will become a virtual world where DeFi, yield farming and NFTs collide into a mix that would only be possible using blockchain technology. Aavegotchi is already a working product on the Polygon blockchain. These Aavegotchi characters are basically pixelated […]Read More -
Aavegotchi Announces ERC-20 Wallet Feature On Polygon
Aavegotchi offers a unique blend of NFTs and DeFi, but this month they announced that their pixelated frens will function as a wallet and can hold an unlimited amount of ERC-20 tokens. Users may currently deposit any ERC-20 token into their fren, with withdrawals being added in a future update. Non-transferable ‘baadges’ have also been […]Read More -
Aavegotchi Moved to Ethereum and Got Cut in Pieces
Aavegotchi moved some of their pixelated ghost minted on the Polygon blockchain to the Ethereum blockchain, and after that Unicly cut them into pieces. Now that sounds very dramatic, but fractionalizing them – hey, that sounds a lot more friendly – is a way to share ownership over a larger group of users. Unicly will […]Read More -
Blockchain Gaming Growth 148% in Q1 2021
During Q1 2021 there was 148% user growth for blockchain gaming compared with one year ago. According to the BGA Blockchain Game Report Q1 2021 by DappRadar there was an average of 73,512 active wallets per day. While they reported 29,563 wallets back in the first quarter of 2020. The increase of wallets doesn’t only […]Read More -
Lil Pump Joins Gotchi Gang
Rapper Lil Pump, famous for his Gucci Gang song, will launch an exclusive set of digital wearables for Aavegotchi and their Gotchi Gang community. Aavegotchi announced the collaboration in a blog post. The partnership came into existence after the rapper responded to some tweets by Aavegotchi, and it wouldn’t take long to create this multi-beneficial […]Read More -
Aavegotchi Portal NFTs Sold Out in 1 Minute
Gone in sixty seconds is a decent action move, and it exactly describes the hype surrounding the Aavegotchi portal sale. Players need these portal NFTs to summon an Aavegotchi ghost, and 10.000 sold out within a minute this week. The pixel ghosts these portals summon are hot commodities in the NFT space. Gamers, investors, users, […]Read More -
Aavegotchi Launching NFT Marketplace on Matic
Gamers, investors and DeFi degens will soon be able to acquire digital wearables for their Aavegotchi ghost on the official NFT marketplace on Matic. The Aavegotchi Bazaar allows users to trade Aavegotchis, their wearables and badges. The marketplace will launch later this month as one of the first marketplaces on the Matic Network. The developers […]Read More -
Aavegotchi Bridge to Matic Now Live
Aavegotchi has begun with their migration to the Matic Network as the community has accepted several development proposals. Among those new development there will be a bridge to move GHST and USDC from Ethereum to Matic in a smooth way. Aavegotchi also wants to introduce yield farming mechanics on the Matic blockchain. Matic is a […]Read More
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. These are the foundation for its powers and its value. However, that’s not where development will end. It’s just the beginning.
Aavegotchi will become a full gaming experience around these DeFi ghosts. This is particularly interesting, because it’s literally the gamification of decentralized finance. Blockchain games are more than mere games as they embrace complete financial ecosystems.
The Gotchi Bridge is a friendly user interface that allows users to transfer GHST and USDC from Ethereum to Matic. The Gotchi Bridge started with one-way traffic, but the developers will allow movement between Matic and Ethereum. Users can stake their GHST on Matic to earn FRENS points, while there’s also an option to be a liquidity provider for the GHST/USDC pair on exchange platform QuickSwap.
