Aavegotchi aims to encourage more meta-building through a simpler plot editor.
- Blue bricks can now be traded and crafted on Aavegotchi.
- Gotchiverse is using the cosmetics program to encourage building, adding a new, easier editor.
- Aavegotchi still has over $9.9 million in value locked up.
Aavegotchi is one of GameFi‘s most successful projects and is introducing a new asset type. Blue mosaic tiles are a resource in the Aavegotchi metaverse and can now be traded on the game’s native marketplace. gotchiverse tiles are craftable and tradable items with varying degrees of rarity. Gold tiles were introduced in Q2 and will always be available as a gift and in-game decoration.
Blue tiles are another addition to the gold and emerald tiles and other NFTs available in-game. The tiles have a maximum asking price of 15K GHST tokens. These tiles are used to cover the meta-boundary plots that players gain.
Aavegotchi still attracts 2.24 million users per day and the NFT collection has a turnover of over $20,000 in 24 hours. aavegotchi has a GameFi mode, which is the main reason for the demand for NFT. The in-game creatures are the main tool to secure additional passive income and they are also the avatars of the in-game meta-space.
Aavegotchi is also updating its construction mechanics to equip plots in the metaspace continent faster.
But Aavegotchi is also offering the option to start playing the game for free to encourage user growth. aavegotchi has seen an exodus of users and value during the recent bear market, which has also hurt the GameFi program.
The game offers a scholarship program for players that does not require them to purchase their own Aavegotchi creatures. The game is still restricted from being completely free, but could offer new players a chance to get started without initial tokens or NFT investment.
GHST is still holding on to a range that trades at $1.27. Over the past three months, GHST has dipped from $1.49 and has had a period of relative stability. a large portion of GHST’s liquidity is dependent on Huobi Global and is the primary driver of locked-in value and in-game revenue.
According to DeFi Llama, Aavegotchi still retains over $9.9 million in locked-in value. Some of this value is returned to players in the form of GHST airdrops through the rarity mining mechanism.
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