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Reading: Aavegotchi Launches Layer-3 Rollup Solution Gotchichain
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COINTURK NEWS > Blockchain News > Aavegotchi Launches Layer-3 Rollup Solution Gotchichain
Blockchain News

Aavegotchi Launches Layer-3 Rollup Solution Gotchichain

In Brief

  • Gotchichain to use Coinbase-backed Base network infrastructure.

  • Layer-3 solution targets blockchain gaming, set for 2024 release.

  • Aavegotchi aims to expand ecosystem with Gotchichain and Optimism.

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COINTURK NEWS 2 years ago
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Aavegotchi, dedicated to the on-chain game, will utilize the popular crypto exchange Coinbase-backed Layer-2 network Base as its infrastructure network. Developed initially using Polygon‘s software suite, Gotchichain is set to launch in the second quarter of 2024 and will serve users interested in blockchain games.

Aavegotchi’s Layer-3 Move

Base, is a Layer-2 network compatible with the Ethereum Virtual Machine and is supported by Coinbase. The Aavegotchi team will benefit from the Base network to offer a chain-based gaming platform called Gaming Console to Web3 users. Aavegotchi is also considering the Optimism rollup solution to further expand and scale its ecosystem.

Contents
Aavegotchi’s Layer-3 MoveWhat’s Happening in the GameFi Space?

Inspired by the 1990s Tamagotchi toys, Aavegotchi is a trading game that includes NFT pieces functioning as tradable digital characters. The game, launched in January 2021, was initially presented to users on the Polygon network. In the future, the team will have its own dedicated Layer-3 chain. Coderdan, CEO of Pixelcraft Studios, which developed the game, made the following statement:

“Gotchichain and the Aavegotchi Gaming Console supported by Base’s infrastructure are preparing to offer an open-source, on-chain gaming experience like never before. We are happy to provide our users with a strong gaming experience supported by fast and scalable Layer-2 technology.”

With the proliferation of rollup solutions, developers can now create Layer-3 ecosystems that perform transactions within Layer-2 ecosystems, including Optimism, Base, Arbitrum, and others. Layer-3 chains offer lower transaction fees and dedicated block space for specific applications.

What’s Happening in the GameFi Space?

In the blockchain field, the GameFi sector continues to gain strength and attract the interest of Web2 companies. Despite the rises in the crypto market, GameFi projects in the NFT market continue to impress with their performance.

GameFi projects, focusing on in-game NFT trading and tokenization processes, are also drawing attention with airdrop events aimed at investors. With significant steps, projects continue to attract investor interest, and the GameFi space continues to gain attention day by day.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 19 March, 2024 - 1:07 pm 19 March, 2024 - 1:07 pm
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