DeFi and NFT Cross Project Aavegotchi publishes ‘Gotchiverse’ fabric paper

One of the original crossover projects for decentralized funding and immutable tokens (DeFi / NFTs) goes a step further today with the introduction of the Metaverse litepaper.

Aavegotchi – a project to create upgradeable NFTs backed by profitable positions in the Aave money market and credit platform – has announced the release of a paper on the peer-reviewed silver metaverse called Gotchiverse.

Aavegotchi co-founder Jesse Johnson joked about the sometimes esoteric features and on-screen action on Twitter Spaces Celebrates Today:

“This is not your typical tissue paper, it contains many legends […] We have a bit of DeFi RPG ahead of us. “

Metaverse will introduce a new, fungible ERC-20 token, “Gotchus Alchemica”, which can be managed by REALM plots, supported as an NFT – conceptually similar to the system. Decentralands MANA / LAND system with two tokens.

Alchemica can be used to manually enhance REALM plots, including structures like the Gotchi Lodge, so groups of players can socialize and combine their farming efforts. The upgrade will require “certain blockchain blocks to complete construction,” but Aavegotchi’s in-house AMM liquidity providers, Gotchus Alchemica Exchange, can expedite the process with rewards for providing liquidity.

And we live!

In the next hour, the summoners of Aavegotchi @coderdannn and @gldnXross will read the new one right away #Gotchiverse Cloth paper followed by questions and answers

Participate Read https://t.co/mJ029fiNsr

Read litepaperhttps: //t.co/pp62CWSFrf pic.twitter.com/S1Kay0WbdT

– Aavegotchi (@aavegotchi) June 23, 2021

This playful productive agriculture is woven into the vast lore and plot of the Gotchiverse – about a third of the 14 pages are devoted to storytelling and cosmic exploration. The game’s villains, Liquidators, refer to actual Liquidators on the Aave credit platform, and the universe is jokingly dotted with DeFi – a “base area” of the card called “Citaadel” and varieties of Alchemica include “Fud”, “Kek.” . , “And” Fomo “.

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Farming gameplay aside, Johnson said the map will be “a giant Pac-Man game” with Aavegotchi running / drifting across the map to collect Alchemica and bring it back to their REALM before being captured by the Liquidators will as well as KI.

A full release date for Gotchiverse is still pending, although Johnson said the seasons will be released as early as the third quarter of 2021. Johnson added that the team has grown to 20 full-time employees, including seasoned talent in the video game industry.

While Johnson has long been a banner supplier for DeFi and NFT crossovers, interest in Metaverses began to grow later this year. Earlier this month, Nvidia’s CEO said we were at the “top” of a blockchain-powered metaverse, and the founder of the big game Fortnite said Metaverse technology was “on the right track”.