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    Home » News » Aavegotchi Land Sale to drop this October

    Aavegotchi Land Sale to drop this October

    By Ross WardropOctober 16, 2021Updated:September 21, 20222 Mins Read

    Pixelcraft Studios are set to launch the very first Aavegotchi and Gotchiverse land sale, set to take place on October 28th. 16,000 land parcels will go up for sale using the GHST token. It will take place on the Polygon blockchain. It will be the first sales event for virtual land utilizing the bid-to-earn mechanism, which was 10% in their last auction.

    Gotchiverse Aavegotchi land sale
    The Aavegotchi land sale for the Gotchiverse will take place from October 28th through October 31st. Credit: Aavegotchi

    October’s Aavegotchi Land Sale

    Beginning on October 28th at 2PM UTC and ending on Halloween (October 31st) at 2PM UTC, Aavegotchi fans can join land sale on the Gotchiverse. They will use the bid-to-earn mechanism, meaning those who lose bids can earn a portion of their last bid back. For the last land sale, you could earn 10% back.

    Successful land buyers can place their Aavegotchis there to farm resources and create new items. However, to make installations, Players need ERC-20 tokens named FOMO, KEK, ALPHA and FUD. In terms of this Aavegotchi land sale, there will be no set minimum or maximum price for each parcel.

    The Aavegotchi land parcels come in 3 sizes: Humble (8×8), Reasonably-Size (16×16) and Spacious (32×64). Many people on Twitter are excited about this auction, including user @WaBjoern stating, “It’s starting… That’s so cool”.

    About Aavegotchi NFT collectibles

    Aavegotchis are DeFi-Staked Crypto Collectibles developed by Singapore-based Pixelcraft Studios. They are pixel-art ghosts on the Ethereum blockchain, using the ERC-721 standard. Another key point is that value of each NFT is based on a rarity level, which depends on varying factors.

    Actually, AavegotchiDAO manage the project and all funds through the GHST utility token. They aim to be a true DeFi project. Moreover, they are actually extremely popular, with 63k followers on Twitter 16k Discord members. Incredibly, a single Aavegotchi ghost once went for  141 ETH , or around $538,000.

    You can find out more about the Aavegotchi land sale on their website here, or their Twitter here.

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    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

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    Ross Wardrop
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    A multimedia journalist and social media manager based out of Glasgow, Scotland. Massive interest in sports, specifically basketball and football.

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