{"id":281850,"date":"2021-06-23T18:04:39","date_gmt":"2021-06-23T15:04:39","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/defi-and-nft-crossover-project-aavegotchi-releases-gotchiverse-litepaper\/"},"modified":"2021-06-23T18:04:39","modified_gmt":"2021-06-23T15:04:39","slug":"defi-and-nft-crossover-project-aavegotchi-releases-gotchiverse-litepaper","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/defi-and-nft-crossover-project-aavegotchi-releases-gotchiverse-litepaper\/","title":{"rendered":"# DeFi and NFT crossover project Aavegotchi releases \u2018Gotchiverse\u2019 litepaper"},"content":{"rendered":"<p>&#8220;<strong># DeFi and NFT crossover project Aavegotchi releases \u2018Gotchiverse\u2019 litepaper   <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDYvZGZjM2UzZWItZDQ2NC00YzRlLTlkMWQtNWNlZmUyYjYyMmJlLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>One of the original decentralized finance and nonfungible token (DeFi\/NFTs) crossover projects is taking a step forward today with the launch of a metaverse litepaper.<\/p>\n<p>Aavegotchi \u2014 a project that creates upgradeable NFTs backed by yield-bearing positions on lending platform and money market Aave \u2014 announced the publication of a litepaper devoted to a gamified metaverse called the \u201cGotchiverse.\u201d <\/p>\n<p>Aavegotchi co-founder Jesse Johnson joked about the sometimes-esoteric features and backstory in the litepaper on a celebratory <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> Spaces today: <\/p>\n<blockquote><p>\u201cThis is not your typical litepaper, it\u2019s got a lot of lore in it [&#8230;] We\u2019ve got a bit of a DeFi RPG in front of us.\u201d<\/p><\/blockquote>\n<p>The metaverse will introduce a new, fungible ERC-20 token, the \u201cGotchus Alchemica,\u201d which will be farmable from REALM land plots, themselves backed as NFTs \u2014 similar conceptually to Decentraland\u2019s MANA\/LAND two-token system.\u00a0<\/p>\n<p>Alchemica can be used to craft upgrades to REALM plots, including structures like the \u201cGotchi Lodge,\u201d which will enable groups of players to socialize as well as combine their farming efforts. Upgrades will take a \u201ccertain number of blockchain blocks to finish constructing,\u201d but liquidity providers to Aavegotchi\u2019s in-house AMM, the \u201cGotchus Alchemica Exchange,\u201d can hasten the process with rewards for providing liquidity. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">And we&#8217;re live! <\/p>\n<p>For the next hour, Aavegotchi summoners <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/coderdannn?ref_src=twsrc%5Etfw\">@coderdannn<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/gldnXross?ref_src=twsrc%5Etfw\">@gldnXross<\/a> will be giving a live reading of the new <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Gotchiverse?src=hash&amp;ref_src=twsrc%5Etfw\">#Gotchiverse<\/a> Litepaper, followed by a Q&amp;A <\/p>\n<p>Join the Reading <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/mJ029fiNsr\">https:\/\/t.co\/mJ029fiNsr<\/a><\/p>\n<p>Read the Litepaper<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/pp62CWSFrf\">https:\/\/t.co\/pp62CWSFrf<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/S1Kay0WbdT\">pic.twitter.com\/S1Kay0WbdT<\/a><\/p>\n<p>\u2014 Aavegotchi (@aavegotchi) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/aavegotchi\/status\/1407699671363964935?ref_src=twsrc%5Etfw\">June 23, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>This gamified yield farming is woven into the Gotchiverse\u2019s considerable lore and backstory \u2014 about a third of the 14-page <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/docs.google.com\/document\/d\/1hUHF29F3_tByWd8ezSphYEE0gPJYg3K5CN1K-X3_WK8\/edit#\">litepaper<\/a> is devoted to storytelling and fleshing out the universe. The antagonists of the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a>, the Liquidators, refer to actual liquidators on the lending platform Aave, and the universe is speckled with DeFi in-jokes \u2014 a \u201chome base\u201d area of the map is called the \u201cCitaadel,\u201d and types of Alchemica include \u201cFud,\u201d \u201cKek,\u201d and \u201cFomo.\u201d <\/p>\n<p><strong>RELATED:\u00a0Aavegotchis sell out in under one minute as NFT euphoria continues<\/strong><\/p>\n<p>Aside from the farming gameplay, Johnson said the map will be \u201ca huge game of Pac-Man,\u201d where Aavegotchi run\/float around the map to collect Alchemica and return it to their REALMs before getting caught by Liquidators, which may be player-characters as well as AI.\u00a0<\/p>\n<p>A full release date for the Gotchiverse is pending, though Johnson said sections will be released as early as Q3 2021. Johnson added that the team has grown to 20 full-time employees, including veteran video game industry talent. <\/p>\n<p>While Johnson has long been a bannercarrier for DeFi and NFT crossovers, interest in metaverses has been picking up as of late. This month, Nvidia\u2019s CEO said that we\u2019re on the \u201ccusp\u201d of a blockchain-powered metaverse, and the founder of major gaming title Fortnite said that metaverse tech is \u201cgoing places.\u201d<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/defi-and-nft-crossover-project-aavegotchi-releases-gotchiverse-litepaper\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# DeFi and NFT crossover project Aavegotchi releases \u2018Gotchiverse\u2019 litepaper &#8221; One of the original decentralized finance and nonfungible token (DeFi\/NFTs) crossover projects is taking a step forward today with the launch of a metaverse litepaper. Aavegotchi \u2014 a project that creates upgradeable NFTs backed by yield-bearing positions on lending platform and money market Aave&#8230;<\/p>\n","protected":false},"author":1,"featured_media":281851,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDYvZGZjM2UzZWItZDQ2NC00YzRlLTlkMWQtNWNlZmUyYjYyMmJlLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,91498,95118,80],"class_list":["post-281850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-metaverse","tag-nft","tag-games"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/281850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=281850"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/281850\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/281851"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=281850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=281850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=281850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}