Massively Scaling Play-to-Earn with Gotchi Lending

Gotchi Summoner @gldnxross explains Gotchi Lending

The Problem with NFT Gaming

A core dilemma that NFT games face is how to scale their player base to levels of a “traditional” game, while still maintaining the scarcity factor of their NFT assets.

The Scholarship Model

The Scholarship Model pioneered by Axie, YGG, and other guilds has been extremely successful, and demonstrates a clear path forward on how to get NFTs into the hands of players without relinquishing ownership of the asset.

Introducing Gotchi Lending

We believe it should not be cost prohibitive to play in The Gotchiverse, so we’ve taken inspiration from Sharing Economy platforms like Airbnb and Uber. Then we’ve gone ahead and supercharged the model by applying the benefits of on-chain security and trustless execution with our Gotchi Lending system.

How Gotchi Lending works

Secure and Instant Lending

The Gotchi Lending smart contract is designed so that Aavegotchis are lent with limited rights, so that a borrower can play-to-earn in The Gotchiverse but never steal the NFT.

Now Everyone Can Play-to-Earn

For guilds and individuals alike, Gotchi Lending offers a seamless, massively scalable way to lend gotchis to strangers all with the security and terms they are comfortable with.

How Gotchi Lending Works (in one meme)

About Aavegotchi

Aavegotchis are on-chain playable NFTs staked with Aave’s interest-generating aTokens (known as maTokens on layer 2).

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Aavegotchi

Aavegotchi

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