Crypto Game Aavegotchi to Build Custom Blockchain Using Polygon Technology

The new platform called Gotchichain is being designed to give gamers lower fees and faster transaction times.

Aavegotchi's Aave raffle (CoinDesk)

Non-fungible-token gaming protocol Aavegotchi is working with Polygon to launch a blockchain designed for gamers called Gotchichain in the third quarter.

Gotchichain will use Polygon’s "supernet" to create a customized blockchain designed for mass-scale adoption for gamers. Aavegotchi is already deployed on the Polygon platform, but having a supernet will give players faster transaction times and minimal gas fees, according to a blog post.

Aavegotchi’s governance token GHST will be the gas token for all transactions on Gotchichain, the announcement said. GHST briefly spiked 5% on the announcement, but fell back to $1.21 at press time, down over 10% in the past 24 hours.

Earlier Wednesday, a separate crypto gaming project also announced it was working with Polygon supernets, one sign of how Polygon is betting big on gaming technology.

See also: Creators Behind Web3 Game Aavegotchi Raise $30M in Multiyear Token Sale

Gotchichain is “going to be a game changer for reducing friction and bringing more people on-chain,” Jesse Johnson, founder of gaming development firm Pixelcraft Studios, said.

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Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

Why it matters:

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.