Blockchain
Aavegotchi Announces Launch Date for GameFi Metaverse, The Gotchiverse
Gotchiverse launching March 31, 2022
Singapore, Singapore–(Newsfile Corp. – March 25, 2022) – Pixelcraft Studios’ Aavegotchi Protocol, has officially set the launch date of its highly anticipated Gotchiverse for March 31, 2022. The Gotchiverse launch will introduce a whole new world of play-to-earn experiences, all supported by the scalable Ethereum sidechain, Polygon.
Aavegotchi’s play-to-earn MMORPG enables players to explore, battle, craft exclusive NFTs, and much more via in-game avatars inspired by the classic 90s concept, Tamagotchi. Initiatives like NFT Raffles, the Baazaar NFT marketplace, GBM Bid-to-Earn Auctions, and Rarity Farming for GHST (the game’s native token and base currency to purchase on-chain assets) have kept its community active yet anxious for more.
Now, the Gotchiverse is introducing a new play-to-earn mechanism with four fair-launch ERC-20 tokens called Gotchus Alchemica. Each token represents one of four elements of the Gotchiverse. Together, they’re used to craft and upgrade installations, such as harvesters, reservoirs, and black holes, that increase earning productivity, defense, and the value of REALM land parcels. Players can also trade them through Aavegotchi’s own decentralized exchange, Gotchus Alchemica Exchange (GAX), which will launch with pairs supporting each of the novel tokens. To incentivize liquidity, LPs will be awarded with Glitter, a fifth ERC-20 token that increases construction and upgrade time for Gotchiverse installations.
Players can earn Gotchus Alchemica in three distinct ways: Channeling from the skies, farming from the land, or collecting from the map’s surface. Every land parcel in the Gotchiverse possesses these elements, though average Alchemica amounts inside each will vary based on parcel size, with exact portions revealed after a player surveys their land.
“Whether it’s their tokenomics, in-game distribution model or crafty utility, Gotchus Alchemica are ready to launch as some of the most innovative ERC-20 tokens to date,” says Aavegotchi co-founder, Jesse Johnson. “Even if you don’t own an Aavegotchi NFT, you can still earn in the Gotchiverse using our Gotchi Lending program, a 100% on-chain scalability solution that allows anyone to play and split Alchemica with the Gotchi owner.”
Alternatively, users will be able to play as the Aavegotchi’s arch nemesis, the “Lickquidator,” a free-to-play, one-time use NFT that enables players to collect Alchemica and engage in combat with Aavegotchis.
With the Gotchiverse launch less than a month away, Aavegotchi intends to offer a fresh GameFi experience for traditional gamers and NFT lovers alike. As Johnson puts it, “There is a gameplay mode for everyone in the Gotchiverse. Whether you’re a casual web3 user or full-on crafting master, you’ll be able to hop in and enjoy exploring this magical new realm.”
About The Gotchiverse
The Gotchiverse is Pixelcraft Studio’s flagship title that celebrates the best of blockchain technology. The metaverse is built on Aavegotchi, an open-source, community owned, NFT gaming protocol that unlocks true asset ownership for gamers. In this spirit, The Gotchiverse is co-created with direct input from the community via AavegotchiDAO. Summon your first Aavegotchi today and meet us in the Gotchiverse!
Useful Links:
Official Website: https://aavegotchi.com/
Gotchiverse Website: https://gotchiverse.io
Wiki: https://wiki.aavegotchi.com
Blog: https://blog.aavegotchi.com
Twitter: https://twitter.com/aavegotchi
Discord: discord.gg/aavegotchi
Media Contact
Company Name: Aavegotchi
Email Id: [email protected]
Company Website: https://www.aavegotchi.com/
PR Contact:
ZEXPRWIRE
https://zexprwire.com/
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/116911
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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