Tamagotchi was a huge hit when it originally came out, and while many newer generations don’t even remember the game, the older ones still cherish it to this day. Because of this, a Tamagotchi-inspired game developed on Aaves (AAVE) Blockchain Aavegotchi has drawn some attention lately.
Everipedia announces investment in Aavegotchi
Everipedia announced the latest Aave investment on its Twitter account two days ago, November 26th. It said: “#AAVE invests in Pixelcraft Studios, the team behind @aavegotchi, a Tamagotchi-inspired NFT collectors game based on the Aave protocol.”
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Pixelcraft Studios is a Singapore-based company that created the new NFT (Non-Fungible Token) based game inspired by Tamagochi. The game, which is supported by the Aave protocol, is also controlled by AavegotechDAO via its token GHST.
This is a new token that was only launched in September 2020 with a price of $ 0.8. However, the token showed strong volatility in the first month. At one point the price rose to nearly $ 1, only to be reduced by nearly 50% before the end of September. Immediately thereafter, however, the price rose again to $ 0.8 and then fell again to $ 0.5.
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The game industry is changing
Aave has taken pretty big strides lately as it has also announced a new partnership with a Pokemon-inspired game, Axie Infinity. The game allows players to travel around collecting Axies, which are various fantasy creatures.
Players can also take part in battles in which the winners will receive a certain number of tokens. Those who own the tokens can also benefit from a special NFT that comes in the form of a unique character that can be used in the world of the game.
Needless to say, non-fungible tokens are having a huge impact on the gaming industry. They bring new features, new possibilities, and new twists to game mechanics, making more and more people interested in games, crypto, blockchain, and different types of tokens.
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