Is Aavegotchi the next Axie Infinity?

4 min readNov 15, 2020

Good question.

First of all, lets see how the Axie Infinity token (AXS) is behaving:

Yeah!, Axie Infinity is doing an impressive run!

So now, the question is: Why is Axie Infinity pumping like that? Easy.

Axie Infinity is an example of the potential of blockchain technology applied to games and collectibles, and It’s a pioneer in the sector.

Gaming Market is growing year by year:

Same with Collectibles Market, valued today at 40 Billions.

But guys, It’s only the beginning for gaming industry since some Asian countries like, Thailand, India, Vietnam, Malasia, Indonesia, China, Korea are increasing the standard of living of its citizens so more people are joining in gaming day by day.

With Blockchain Technology, Games will go from being just a mere hobby for entertainment to being a way of generating money, with the new “Play to Earn” concept that only the Blockchain can make it real.

Personally, I‘ve played games for many years, and always thought that it would be nice to be able to sell the game items that I’ve obtained by playing hard over time to get some money…. of course, with the centralized system you cannot sell accounts or game items, so, It’s the reason why Blockchain technology applied to games is a total paradigm shift for the gaming industry.

Here is when projects like Aavegotchi (GHST) same as Axie Infinity (AXS) comes into action.

So, lets now talk about our little rocket baby Aavegotchi (GHST).

🎉What’s Aavegotchi (GHST)?🎉

Aavegotchi (GHST) is the official utility token of the Aavegotchi ecosystem, and must be used to purchase Portals, wearables, and consumables.

Also, GHST will be necessary for the AavegotchiDAO, and the Aavegotchi Realm that’s a 2D pixelated metaverse where Aavegotchis can encounter each other, participate in mini-games, call smart contracts, and participate in governance of the AavegotchiDAO.

Owners of Aavegotchis will be able to purchase parcels within the Aavegotchi Realm, known as REALM, and build dapps within them.

So, What are those “Aavegotchis”?

Aavegotchis are DeFi-enabled Crypto Collectibles that possess three attributes to determine their overall value and rarity within the Aavegotchi universe — collateral stake, traits, and wearables.

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Let’s be clear, Aavegotchi, is an early project, and Axie Infinity is in a more advanced stage of development than Aavegotchi, but his team is doing very well having the mainnet projected for December.

An actual problem of Axie Infinity are the Ethereum Fees, yeah, as you know, Ethereum network is continually congested, so fees increase exponentially, making the marketplace section not profitable at all.

Aavegotchi Team is working with Matic for a L2 solution making the fees extremely low with fast transactions.

Aavegotchi has a strong association with Aave, a project that has had great returns in the last year and that has a functional and established DeFi product.

Aavegotchi is actually trading at Uniswap as main Exchange. As you maybe know, Axie Infinity was free added to Binance, I’m sure that CZ gonna add more NFT-DeFi related promising projects for free to Binance, and Aavegotchi would perfectly be the next.

Aavegotchi is a pure gem with only 9 Million Market Cap that is only listed at Uniswap, It’s an easy x10, in my opinion.

Without a doubt, it is worth studying and following the project closely.

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