Aavegotchi

What Aavegotchi does

Aavegotchi is an open-source, community-owned NFT gaming protocol built by Pixelcraft Studios Pte. Ltd., a Singapore-incorporated private company with 1–10 employees. The core product is a class of fully on-chain ERC-721 NFT avatars ('Aavegotchis') staked with Aave's interest-generating aTokens, combining DeFi yield mechanics with digital collectibles. The platform serves three overlapping consumer segments — crypto-native gamers, NFT collectors, and DeFi users — and operates a multi-game 'gaming multiverse' spanning Gotchi Guardians (Steam tower defense), Gotchi Battler (team PvP), Gotchiverse (3D metaverse with REALM parcels), DeFi Dungeon, Rektless, and Spirit Force Arena. Cross-game avatar interoperability is enabled by co-founder Nick Mudge's ERC-998 composable standard, with wearables as child NFTs.

The business model is decentralized and transaction-fee-based rather than enterprise-contract-based. Primary revenue mechanics include a 5% GHST token burn on primary sales, a 5% burn plus 30%/30% DAO/Studio split on Alchemica crafting, marketplace commissions on Baazaar and GBM Auction House, and staking/LP fees. GHST functions as both governance token for AavegotchiDAO (managing 50M+ TAV) and unit of account. The protocol migrated from Polygon to Base in 2025 to reduce infrastructure costs and access Coinbase's Base App distribution surface. Distribution occurs self-serve via aavegotchi.com, Steam, HyperPlay, Baazaar, and GitHub-hosted SDKs.

Aavegotchi operates under DAO governance with Pixelcraft Studios historically serving as default central studio steward; in May 2026, Pixelcraft announced a structured transition (June 1 – September 1, 2026) to DAO-led, multi-contributor stewardship, citing inability to sustain a single-studio model. Product-led growth, free-to-play entry via Gotchi Lending (on-chain NFT rental), community-driven marketing through Discord/Twitter/YouTube/Telegram, and open-source developer tools (Unity SDK, MCP-based Aavegotchi Agents compatible with Claude/ChatGPT/Gemini/Grok) form the operational backbone. No institutional funding rounds, named enterprise customers, or disclosed revenue figures appear in source materials.

Name

Aavegotchi

Legal name

Pixelcraft Studios Pte. Ltd.

Website

https://aavegotchi.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Aavegotchi is a Singapore-based, community-owned NFT gaming protocol offering DeFi-staked on-chain avatar NFTs playable across a multi-game ecosystem. It serves crypto-native gamers, NFT collectors, and DeFi users via GHST-token economics, DAO governance, and self-serve distribution across Steam, HyperPlay, and Base.

Ownership category

akta.pro rank

Product category

Blockchain Gaming Protocol / NFT Gaming

NAICS

Amusement Arcades (71312)

SIC

Services-Miscellaneous Amusement & Recreation (7990)

akta.pro primary industry

In-Game Asset Standards & Infrastructure (NFT items, marketplaces, royalties, asset registries) (FSAPAGAE)

akta.pro secondary industries

On-Chain Game Engines & Developer Tooling (SDKs, APIs, Unity/Unreal plugins) (FSAPAGAB), Metaverse Virtual World Platforms (social worlds, land, UGC) (FSAPAGAD)

Keywords

• NFT gaming protocol
• Blockchain collectibles
• DeFi staked NFTs
• Play-to-earn games
• On-chain gaming

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. NFT Trading (Baazaar Marketplace): Secondary marketplace for trading Aavegotchi NFTs, wearables, portals, and parcels. Platform takes transaction fees from NFT sales.
2. GBM Auction House: Auction platform for NFT sales with auction house fees.
3. AavegotchiGHST Token Sales: Primary sales denominated in GHST enjoy a 5% token burn mechanism.
4. Gotchus Alchemica Crafting: In-game crafting of Installation NFTs generates revenue through Alchemica token consumption. Distribution: 35% to Great Portal, 30% to AavegotchiDAO, 30% to Pixelcraft Studios, 5% token burn.
5. Forge System: Players forge and smelt wearables using components (Schematics, Cores, Alloy, Essence). The ecosystem benefits from crafting activity and gameplay engagement.

Go-to-market motion1 record

Distribution channels6 records

Marketing channels7 records

Core offering

Aavegotchi is an open-source, community-owned NFT gaming protocol that issues fully on-chain, customizable digital ghost companion NFTs (Aavegotchis) backed by Aave's interest-generating aTokens. The platform operates as a multi-game console where players collect, trade, level up, and use their NFTs across multiple play-to-earn games including Gotchi Guardians, Gotchi Battler, DeFi Dungeon, Rektless, Gotchiverse, and Spirit Force Arena. The ecosystem is governed by GHST token holders through AavegotchiDAO and includes supporting infrastructure such as the Baazaar NFT marketplace, Gotchi Lending protocol, and The Forge wearable crafting system.

Product overview

Aavegotchi is an open-source, community-owned NFT gaming protocol centered on customizable digital ghost companions (Aavegotchi NFTs) that are fully on-chain. The platform operates as a multi-game console with a tokenized ecosystem. The core offering spans the Aavegotchi Dapp (the unified web interface), the GHST governance token (AavegotchiDAO), and multiple play-to-earn games including Gotchi Guardians (tower defense, Steam), Gotchi Battler (team PvP), DeFi Dungeon (dungeon crawler), Rektless (side-scroller), Gotchiverse (3D metaverse), and Spirit Force Arena (battle royale). Supporting the core games are key modules: The Forge (wearable crafting), Gotchi Lending (on-chain NFT rental), Rarity Farming (earning via NFT rarity), GLTR Staking (LP rewards), the Aavegotchi Baazaar (NFT marketplace), GBM Auction House, and Aavegotchi Agents (AI agent workflows). Additional tools include the Unity SDK, 3D Dressing Room, Fitting Room, Socket Bridge, Gotchiswap OTC trading, BRS Optimizer, Aadventure.io analytics, and Gotchi.lol Docs. The ecosystem migrated from Polygon to Base in 2025 and is transitioning toward DAO-led stewardship.

Differentiator

Problem solved

Functional benefit

Brands

• GHST: The eco-governance token of Aavegotchi ecosystem, used for governance and as unit of account
• Gotchi Battler
• Gotchi Guardians
• DeFi Dungeon
• Gotchiverse
• Spirit Force Arena
• Rektless
• The Forge
• FAKE Gotchis

Products and services

• Aavegotchi NFT Platform The core open-source NFT gaming protocol issuing fully on-chain, customizable digital ghost companion NFTs backed by Aave aTokens. Players collect, play with, customize, and earn rewards with their Aavegotchis across multiple games in the Aavegotchi multiverse.
• GHST Token Eco-governance token of the Aavegotchi ecosystem, launched via bonding curve on Ethereum in 2020. Serves as medium of exchange, governance token for AavegotchiDAO, and unit of account across the platform. Total supply capped at 52,747,802.
• Aavegotchi Baazaar Secondary NFT marketplace for trading Aavegotchis, portals, wearables, installations, tiles, and other ecosystem assets. Primary trading surface within the Aavegotchi Dapp.

Quantifiable outcome

• DAO manages over 50 Million TAV (Total Asset Value)
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability2 records

Feature6 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• HyperPlay GamingcoreChannel Partner/ Reseller/ Distributor · 1 July 2024HyperPlay listed Gotchi Guardians and Spirit Force Arena on their gaming platform, enabling broader distribution. Aavegotchi games are featured in HyperPlay's Questing platform where players can earn GHST and Game7 Credits through quests. HyperPlay aggregates Epic Game Store and GOG, providing additional distribution channels.
• Game7 DAOcoreStrategic or Co-development Partner · 1 July 2024Game7 DAO launched their Questing platform featuring Aavegotchi games. The partnership includes a 6-week campaign where players can earn GHST and Game7 Credits. Game7 is the DAO behind HyperPlay Gaming.
• AaveminorOthersAavegotchi received an Aave Ecosystem Grant. Stani Kulechov, founder of Aave, serves as an advisor. Aavegotchi uses Aave's interest-generating aTokens as Spirit Force for the NFTs.
• ChainlinkcoreTechnology or IntegrationChainlink VRF (Verifiable Random Function) is used for random trait generation during portal summoning, ensuring verifiable randomness for Aavegotchi NFT traits.
• Coinbase (Exchange listing)minorOthersGHST token is listed on Coinbase among other major exchanges including Binance, OKX, Kraken, MEXC, and Gate.io for trading.
• AavegotchiDAOcoreOthersAavegotchi is governed by AavegotchiDAO with over 50 Million TAV under management. The DAO decides on protocol changes, funding, and ecosystem development through GHST token voting.
• Base (Coinbase L2)coreTechnology or IntegrationAavegotchi migrated its canonical home from Polygon to Base in 2025. The ecosystem is now fully onchain on Base blockchain, leveraging its low-cost infrastructure.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Star Atlas: AAA-quality Web3 space MMO with NFT ships and crew. Competes in the high-fidelity blockchain gaming segment alongside Aavegotchi's Gotchiverse and upcoming mobile releases.
• Gods Unchained: Web3 trading card game with true-asset-ownership NFT cards, directly comparable to Aavegotchi's value proposition of tradable in-game NFTs usable across the ecosystem.
• Illuvium: Open-world RPG with on-chain NFT creature collection (Illuvial) and autobattler mechanics. Competes directly with Aavegotchi for crypto-native gamers seeking collectible-creature gameplay.
• Decentraland: Decentralized 3D virtual world with NFT land ownership and DAO governance via MANA token. Structurally similar to Gotchiverse + AavegotchiDAO combination.
• Axie Infinity (Sky Mavis): Originator of the play-to-earn NFT gaming model with Axie creatures battling in a similar style to Aavegotchi's gotchi battler format. Both operate on-chain NFT economies with breeding, battling, and scholarship/lending parallels.
• Sorare: NFT fantasy sports platform with licensed player cards that are tradable and usable in gameplay. Comparable business model of true-asset-ownership NFT collectibles tied to game utility.
• The Sandbox: Metaverse platform where users own NFT LAND and build UGC game experiences with creator tools. Comparable to Aavegotchi's Gotchiverse parcel system and open-source Unity SDK approach.
• Pixelmon / Mythical Games: Web3 gaming platform with NFL Rivals and NBA Rivals, providing publisher-grade infrastructure for blockchain games. Comparable to Aavegotchi's multi-game multiverse strategy with shared NFT identities.
• CryptoKitties (Dapper Labs): Pioneer of on-chain NFT collectible digital pets with breeding mechanics. Aavegotchi's ERC-721 NFT structure with trait generation and wearable customization follows the same collectible-pet playbook CryptoKitties established.

Broad incumbents

• Animoca Brands: Web3 gaming conglomerate with portfolio investments across dozens of NFT gaming projects including Axie Infinity, The Sandbox, and others. Operates as a broad incumbent across the same category as Aavegotchi.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/aavegotchi
• GitHubgithub.com/aavegotchi
• YouTubeyoutube.com/c/Aavegotchi
• Facebookfacebook.com/100068904949053
• LinkedInlinkedin.com/company/aavegotchi

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds1 record

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aavegotchi