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CGC11 Day 2 Insights: Aavegotchi To Get Alpha V2 Soon, Kryptomon Becomes A $50m Success, & More

Notably, there were speakers from gDEX Metaverse, Aavegotchi, Kryptomon, and more. Read on to find out what you missed.

Aavegotchi Crypto Pets Need Your ‘Proof-of-Attention’

In the Fireside Chat with Jesse Johnson, the Co-Founder, and COO of Aavegotchi, provided amazing insights into crypto pets, a less explored subgenre of NFTs games. Johnson talked about Aavegotchi’s creation, Gotchiverse, and the upcoming Alpha v2 at CGC11.

“We asked the question like how do you build a better crypto pet. And so one of them is Proof-of-Attention – you gotta pet your crypto pet,” explained Johnson when asked about what inspired Aavegotchi.
To add to it, he quickly briefed how Aavegotchi works, “For the first time ever if you were to do an on-chain transaction, and basically click the pet button your Aavegotchi will react.”
Aavegotchi has come a long way since its inception. It’s no longer a simple crypto pet P2E game. It has now evolved into a DAO, a metaverse, and more.

The Gotchiverse Update

Aavegotchi goes beyond just a simple game and pet ghosts. The game has a piggy bank, DeFi protocols, and with Gotchiverse, it’s evolving into a metaverse.

In March this year, Aavegotchi rolled out ‘Gotchiverse’. “It was like 50,000 visits to the site in the first 10 minutes that the Gotchiverse went live,” said Johnson. Of course, the Aavegotchi team has a lot planned for their metaverse.

When asked about interoperability, Johnson explained that interoperability was inevitable and they have developed the Aavegotchi 721 bridge. “So for the first time ever, a Polygon native 721 NFT can be bridged back to Ethereum Layer 1. [The] future is multi-chain no doubt; that’s nicely comfortable on Polygon,” Johnson hinted at interoperability developments.

New Features & Updates in Alpha v2

Jesse Johnson also talked about the upcoming Aavegotchi Alpha version.

Here are the highlights:

Apart from this, Johnson explained how Aavegotchi ecosystem is robust with the ‘curve’. He also hinted that in the future, there might be changes to the DAO.

Panel on Decentralized Games Talks About Multi-Chain Approach & More

The CGC11 panel on decentralized games had some notable speakers like David Fox, CEO of Double Coconut, Michael Sanders, Co-Founder and Chief Storyteller at Horizon Blockchain Games, Amber Mcgurer, Social and Community Manager of Human Park, and Claudio Cuccovillo, Chief Growth Officer of Kryptomon.

The discussion was moderated by Adam Kling, the CEO at FYX Gaming. Important topics like what decentralization means, multi-chain operability, and more.

Here are the highlights:

How Kryptomon Made $50 Million in a Year

Kryptomon, the Pokemon-inspired blockchain game, raked in $50 million in a year and made record NFT sales in a bear market.

Umberto Canessa Cerchi, the Founder and CEO of Kryptomon, shared his secret to Kryptomon’s success in a presentation.

Here are the highlights:

On the Flipside

Why You Should Care

Several projects are moving towards interoperability and a multi-chain approach to reduce costs and speed up transactions. More and more traditional gamers are entering the P2E space, and blockchain technology looks less intimidating than before.

CGC11 Day 1 Insights:

GameFi Panels, Digital Fashion Shows, and More

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Source: Cryptocurrency - investing.com

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