What is Aavegotchi briefly explained
Aavegotchi is a play-2-earn game on the Polygon network and based on the Aave protocol. You can create your own Gotchi. This Gotchi can become more expensive as you progress by improving the properties of the NFT . With the help of the NFT, the Gotchis, you can earn GHST Tokens. You can earn these in various events and sell them afterwards for real money. You can find an analysis of the GHST course at the end of the article.
Was ist Aavegotchi lending?
Aavegotchi expiration from the lending
Aavegotchi lending
You can already borrow and lend Aavegotchis. When you release your Gotchis for loan, you can decide how many rewards you want to get from the "Alchemicas". You can decide whether the person who borrows the Gotchis and plays with them gets 100%, 20% or nothing at all. These rewards are divided in fixed percentages afterwards. Furthermore, there are the so-called “upfront costs”. Those who rent the Gotchi pay these costs once.
Lending is ideal for investors who don't have time to gamble. Because other people play with the Gotchis and make money, as an investor who doesn't have time to play games, you still make money passively.
Aavegotchi Borrowing
If you know how Aavegotchi Lending works, you will understand Aavegotchi Borrowing relatively quickly. In Aavegotchi Borrowing, you borrow and play with Gotchis to earn Alchemicas in the Gotchiverse. There are four different alchemicas: FUD, FOMO, ALPHA and KEK You can usually keep 80% of the earned alchemicas if the lender allows it. These Alchemicas can then be sold to earn FIAT.
What you should consider when borrowing:
Percentage distribution of rewards (Alchemicas). Ideally 90% for the borrower (borrower)
Upfront cost – There should be no upfront cost in $GHST currency. 1 $GHST currently costs about $2.
The level of the Gotchi. The higher the level, the more you earn
Only borrow Gotchi for as long as you want to play. If you want to test it first, we recommend renting a Gotchi for just a few hours.
Aavegotchi
We also have our own discord for the Aavegotchi community in Germany and America / England. If you would like to borrow Gotchis from us to earn money, please join the Discord server. You should also take a closer look at the above page. Click here to join the Discord server. A short version of our guild:
We have >50 Aavegotchis and are looking for players
We pay you to play
We are one of the "official guilds". For this reason we have opened a scholarship program. Means we lend you one of our Gotchis and you can play with it and earn rewards. All you have to do is apply on this page .
As the official Aavegotchi Guild, we have decided to loan out up to 50 of our Gotchis to readers who can then play with them and earn rewards (alchemicas) as well. Your advantage as a player - You don't have to own a Gotchi to be able to play, you don't bear any risks or costs and you also earn money at the same time.
Aavegotchi
your next steps
MUST visit this page first and get yourself whitelisted and join our discord
Visit https://aavegotchi.com/ with your whitelisted Metamask wallet and click “Enter App”.
You need to connect to the Polygon network.
Visit the page: https://app.aavegotchi.com/lending
You will find the Gotchis we listed, now click “BORROW”
It is not required that you hold GHST in your wallet. But the Matic Network requires you to always have some Matics in your wallet as Gas Fees. We hope most of you know how to add Matic to your wallet. Otherwise please DM Crazy Crypto#3772 on Discord with your wallet address so we know we need to send you Matic too...
After you have the right settings + matic you can finish the borrowing process. We will set the time to start at 3-4 days.
The default setting will be 50/50 profit sharing, without any costs. With active players and good results we will increase to 60/40 or even 70/30. This allows players to keep up to 2/3 of everything they generate in the game without incurring any cost or risk.
At 4pm UK time anyone with a borrowed Gotchi must visit the Gotchimap to participate here: https://app.gotchiverse.io/
What is the Gotchiverse?
The Gotchiverse is a metaverse for Aavegotchis. Anyone who owns or borrows a Gotchi can enter the Metaverse. It consists of many thousands of land parcels and is divided into 3 major areas, the Citaadel, the Grid and the Beyond. Initially, only the heart, the Citaadel, will be available. You can already buy land in the Citaadel and there will be more auctions. The land parcels in Gotchiverse have 3 sizes: Spacious, Reasonalbe, Humble. Installations can be built on your own plots, which then enable you to farm on the plot. There are 4 brand new tokens that can be farmed, called Alchemica Tokens (FUD, FOMO, ALPHA and KEK). You will also be able to create your own installations on a parcel. Everything is on the blockchain, ie own installations can be set up as smart contracts (dApps) and thus represent the NPCs (non-player characters) in the game. All the functions are yet to come out. Today the alpha version of the Gotchiverse starts. In this version you can explore it a bit and collect Alchemica for free, which will appear every minute in Gotchiverse (so-called playdrop). All you need is an Aavegotchi.
Key Resources: Gotchiverse Litepaper: https://docs.google.com/document/d/1hUHF29F3_tByWd8ezSphYEE0gPJYg3K5CN1K-X3_WK8/edit
Blog: https://blog.aavegotchi.com/
Wiki: https://wiki.aavegotchi.com/
Very important: All decisions regarding the Gotchiverse are published in the Bible: https://github.com/aavegotchi/gotchiverse-bible
The first 3 chapters are already published. These can also be found in a more beautiful way in individual blog articles
The GHST coin is the coin of Aavegotchi. This coin can be used to buy various items in the Aavegotchi ecosystem. There is no limited amount of GHST. Instead, the number of GHSTs on the market is growing steadily. There are currently around 64 million units. At the moment you pay about $2 per GHST Coin. But how could the course of the GHST coin continue? We will take a closer look at the GHST coin chart to assess whether it will rise or fall.
The GHST price has formed an ABC sequence in the chart in the past. This sequence is active and has already processed the first target. The first target was around $3.10. After that the course is corrected. Now it seems the correction is over. Already a few weeks ago, the price formed trend reversal formations in the candlestick pattern. The GHST price has been trading with high volume for the last two weeks, which is why we can imagine the price taking the next step up. The ultimate goal of the ABC sequence is around $4.10 - $4.75. Thus, a price increase of over 100% is not unlikely!
Based on this data, we do not feel it is too late to invest in Aavegotchi now. Even if you only invest in the GHST Coin, you could get a good return. Since the Aavegotchi project is led by top developers and is constantly evolving, we could expect prices to be even higher than $4.75. Fundamentally, this is one of the best projects to keep an eye on.
How far can the GHST Coin go?
CoinMarketCap data from GHST Coin
Looking at the CoinMarketCap data, we can see that the GHST coin is currently ranked 357th (ranked by market cap). The current market cap is approximately 134 million, with an outstanding amount of approximately 63.5 million GHST. If Aavegotchi continues to develop steadily from now on, as they have done over the past few months, the coin could rank somewhere between 50 and 100 in the long term. There, the market capitalization per coin is about $1.4 billion. If we include this data in the GHST Coin, we get a tenfold increase (10x). 134 million * 10 = 1.34 billion (=~#75 in CoinMarketCap). As the market cap increases, so does the price per coin. Since there will be more and more GHST Coins, we assume around 80 million pieces. Dividing the future market cap by the outstanding amount, we get a price of around $16.75. (1.34 billion / 80 million = 16.75).
Looking at this data, GHST could be around $16.75 in a few years, or possibly as early as next year.
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