Pixelcraft Studios stated it will receive 25% (or $7.5 million at the time of reporting) of the treasury while the protocol’s decentralized autonomous organized (DAO) treasury will receive the remaining $22.5 million (at the time of reporting). Coder Dan is the co-founder and CEO of Pixelcraft Studios. Pixelcraft Studios began the sale of its native Aavegotchi token, $GHST, in September of 2020.
Aavegotchi is described as a decentralized web3 ecosystem that utilizes non-fungible tokens (NFT) and decentralized finance (DeFi). The community recently voted to increase its in-game wearable offerings for Aavegotchis, or digital pets that can be used within the game’s ecosystem.
In 2022, Aavegotchi launched the alpha version of their social-farming metaverse The Gotchiverse, the home planet of Aavegotchis where players can farm Alchemica tokens, socialize, and display their favorite Aavegotchi NFTs. In 2023, they will continue developing and expanding key roadmap features in the Gotchiverse, such as the Great Portal area, questing, the Aarena, Gotchi Lodge, the Gotchiverse SDK, Estates, and the Great Battles.
