Advertisement
Australia markets closed
  • ALL ORDS

    8,416.60
    -57.70 (-0.68%)
     
  • ASX 200

    8,150.00
    -55.20 (-0.67%)
     
  • AUD/USD

    0.6799
    -0.0045 (-0.65%)
     
  • OIL

    74.45
    +0.74 (+1.00%)
     
  • GOLD

    2,673.20
    -6.00 (-0.22%)
     
  • Bitcoin AUD

    90,857.24
    +1,270.05 (+1.42%)
     
  • XRP AUD

    0.78
    +0.00 (+0.57%)
     
  • AUD/EUR

    0.6190
    -0.0007 (-0.12%)
     
  • AUD/NZD

    1.1031
    +0.0024 (+0.22%)
     
  • NZX 50

    12,619.94
    +47.28 (+0.38%)
     
  • NASDAQ

    20,035.02
    +241.67 (+1.22%)
     
  • FTSE

    8,280.63
    -1.89 (-0.02%)
     
  • Dow Jones

    42,352.75
    +341.16 (+0.81%)
     
  • DAX

    19,120.93
    +105.52 (+0.55%)
     
  • Hang Seng

    22,736.87
    +623.36 (+2.82%)
     
  • NIKKEI 225

    38,635.62
    +83.56 (+0.22%)
     

Crypto Game Aavegotchi to Build Custom Blockchain Using Polygon Technology

Join the most important conversation in crypto and web3! Secure your seat today

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.