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What is Aavegotchi?

Aavegotchi is a game within the Metaverse that allows players to raise virtual pets using NFT technology from the Ethereum blockchain, combined with Aave's lending mechanism. It can be compared to virtual pet games that gained popularity in Vietnam between 2003 and 2004.

Aavegotchi is unique because it combines NFT and DeFi with the concept of a Metaverse, creating a one-of-a-kind gaming experience. In the next section, we will explore the features that make Aavegotchi stand out.

Discover the Highlights of Aavegotchi

Despite its presence in the Play-to-Earn trend, which has seen a rise in blockchain games, Aavegotchi continues to distinguish itself in the crowded market. Here are some key characteristics of Aavegotchi:

Intrinsic Value

Every ERC721 NFT in Aavegotchi is connected to an address containing a collateral ERC20 token (known as an "aToken") from Aave. This aToken generates yield, meaning the number of aTokens within your NFT will increase over time.

To clarify, let's say you stake 10 aDAI. The intrinsic value of your NFT will not only be 10 aDAI but also include the rewards generated from Aave's pool. The more you hold, the more valuable your NFT becomes.

The Game Mechanics

Aavegotchi's game mechanics are captivating, as they allow you to utilize your NFTs in various mini-games. Several factors influence the value and performance of NFTs in the game, including:

• Randomness: Depending on your luck, you can summon NFTs of different rarity levels.
• Interaction: The more you interact with your NFT, the more its value increases (and vice versa).
• Accessories and Consumables: NFTs can be equipped with accessories and use consumables to enhance or decrease their in-game stats.
• Rarity Farming: Unlike traditional NFT games, rarity is not a fixed attribute in Aavegotchi. It can change over time based on the care you provide for your NFT. Moreover, owning the rarest NFTs can earn players rewards.

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