Blockchain

DeFi and NFT cross-project Aavegotchi released “Gotchiverse” litepaper

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Today, with the launch of Metaverse litepaper, one of the original decentralized finance and non-fungible token (DeFi/NFT) cross projects has taken a step forward.

Aavegotchi is a project to create an upgradeable NFT, supported by the yield position on the lending platform and currency market Aave, and announced the release of a litepaper dedicated to the gamified meta world called “Gotchiverse”.

Aavegotchi co-founder Jesse Johnson jokingly talked about the sometimes esoteric features and background stories of litepaper on the Twitter Spaces celebrated today:

“This is not a typical litepaper, there are many legends in it […] We have some DeFi RPGs in front of us. “

Metaverse will introduce a new and fungible ERC-20 token, namely “Gotchus Alchemica”, which can be cultivated from REALM plots, which are themselves supported by NFT-similar in concept to Decentraland’s MANA /LAND two-token system.

Alchemica can be used to upgrade REALM plots to include structures like “Gotchi Lodge”, which will allow groups of players to socialize and combine their farming efforts. The upgrade will require “a certain number of blockchain blocks to be completed to complete the construction”, but the liquidity provider of Aavegotchi’s internal AMM (“Gotchus Alchemica Exchange”) can accelerate this process by providing liquidity rewards.

This gamified high-yield farming incorporates a large number of legends and backstory from Gotchiverse-about one-third of the 14 pages Light paper Committed to telling stories and enriching the universe. The opponents of the game Liquidators refer to the actual liquidators on the lending platform Aave. DeFi jokes are everywhere in the universe-the “base” area of ​​the map is called “Citaad​​el”, and the types of Alchemica include “Fud” , “Kek” and “Fomo”.

Related: As the excitement of NFT continues, Aavegotchis sold out in one minute

In addition to farming games, Johnson said that this map will be “a huge Pac-Man game.” Aavegotchi runs/floats on the map to collect alchemy and send it back to their REALM, then is caught by the liquidator, the liquidator It may be players-characters and AI.

The full release date of Gotchiverse has not yet been determined, but Johnson said that some of the content will be released as early as the third quarter of 2021. Johnson added that the team has grown to 20 full-time employees, including senior video game industry talents.

Although Johnson has For a long time, it has been the banner carrier of DeFi and NFT cross-borderRecently, interest in the meta universe has been on the rise.This month, Nvidia’s CEO said We are on the cusp of the Meta Festival driven by blockchain, And the founder of the main game title Fortnite said that Metaverse technology is “developing and growing.”