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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Twerk From Home Aims to Become the UFC of Exotic Dancing—With a Crypto Boost

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    Crypto.com Launches Champions Collection With UEFA Experiences and Final Tickets Up for Grabs

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    Christie’s Closes Digital Art Department as NFT Market Stays Frozen

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    What Is Slashing in Crypto? How It Works and Why It Matters

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    What Is Restaking in Crypto? How It Works and What to Watch Out For

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    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

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    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

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    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
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  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

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    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

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    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

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    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

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    Carrieverse and Disney Ink Content Deal

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    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

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    Somnia Launches Playground App to Empower Metaverse Creators

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    Twerk From Home Aims to Become the UFC of Exotic Dancing—With a Crypto Boost

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    Crypto.com Launches Champions Collection With UEFA Experiences and Final Tickets Up for Grabs

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    Christie’s Closes Digital Art Department as NFT Market Stays Frozen

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    NFT Social Engagement Soars as LINK, PENGU, and APE Dominate Rankings

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    Tokenized Pokémon Cards Are Hot. Lending Them for Crypto Is a Different Story

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    Ordinals Scrapyard turns Bitcoin NFT wreckage into tax write-offs

    OpenSea Makes Big Moves in Final Sprint to $SEA

    OpenSea Makes Big Moves in Final Sprint to $SEA

    Christie’s winds down digital art department as its NFT marketplace faces doubt

    Christie’s winds down digital art department as its NFT marketplace faces doubt

    BeatFarm Brings Music to Bitcoin With First-Ever Native NFT Protocol

    BeatFarm Brings Music to Bitcoin With First-Ever Native NFT Protocol

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    Conflux Network and Salvo Alliance Targets Scalable Web3 Gaming Adoption

    Conflux Network and Salvo Alliance Targets Scalable Web3 Gaming Adoption

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    Pudgy Party Review: A Waddle-Worthy Blend of Chaos and Collectibles

    Undeads Games TVL Reached $30M+

    Undeads Games TVL Reached $30M+

    CyberKongz KONG Token Explained: Everything You Need to Know

    CyberKongz KONG Token Explained: Everything You Need to Know

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    Dalarnia Legends Hosts First Grand Masters Tournament With 250,000 $D on the Line

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    Top 5 3D Illustration Agencies in 2025

    Crypto’s Comeback: NFT ETFs Enter the Financial Spotlight

    Crypto’s Comeback: NFT ETFs Enter the Financial Spotlight

    GameFi.org Joins Somnia to Accelerate Blockchain Gaming Advancement

    GameFi.org Joins Somnia to Accelerate Blockchain Gaming Advancement

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    The Final Phase Before $SEA: OpenSea’s Final Rewards Push and Cultural NFT Play

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

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    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

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    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

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    UAE emirate launches new free zone for digital assets, Web3 and AI

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  • Guides
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    What Is Slashing in Crypto? How It Works and Why It Matters

    What Is a Staking Pool in Crypto? How They Work and Why They Matter

    What Is a Staking Pool in Crypto? How They Work and Why They Matter

    What Is Restaking in Crypto? How It Works and What to Watch Out For

    What Is Restaking in Crypto? How It Works and What to Watch Out For

    What Is Crypto Arbitrage and How to Use It in Trading?

    What Are DeFi Flash Loans? A Beginner’s Guide to DeFi Lending

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    What Is Crypto Lending? A Guide to Earning Interest with Crypto

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    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

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  • Analysis
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Home Gaming

Aavegotchi Studio Reveals ‘Members Only’ Ethereum Layer-3 Gaming Chain

August 15, 2024
in Gaming
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Aavegotchi Studio Reveals ‘Members Only’ Ethereum Layer-3 Gaming Chain
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Pixelcraft Studios, the company behind the crypto game Aavegotchi, announced Thursday that it plans to launch a “members only” Ethereum layer-3 gaming blockchain called Geist.

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Powered by multiple Ethereum scaling technologies, Geist is designed to overcome various hurdles facing the current crypto gaming environment, including high player turnover and a prevalence of “botting” used to manipulate rewards initiatives.

“Geist is our response to the call for a more trustworthy and innovative gaming blockchain,” said pseudonymous Pixelcraft CEO Coderdan, in a statement. “Geist’s exclusive and rewarding ecosystem sets a new benchmark for crypto gaming, ensuring a secure and engaging experience for all members.”

Interestingly, Geist will be built across multiple Ethereum scaling technologies, using Arbitrum’s Orbit tech while also relying on Coinbase’s Base network for settlement. Blockchain development platform Alchemy is also contributing to the network.

Gaming has huge potential to bring more people into crypto.

However, three major problems threaten to curb adoption:
• Rampant multi-accounting / botting
• Inefficient reward campaigns
• High player churn

At the heart of the problem is how we define a “user” in blockchain.

— Aavegotchi 👻 (@aavegotchi) August 15, 2024

According to a tweet thread, players will be able to gain access to the network through certain criteria, such as owning an Aavegotchi NFT—and then they can “pay the dues” to become a member. An FAQ shared with Decrypt’s GG notes that membership requires ongoing payments when each cycle ends, but that invites come with a seven-day free trial.

See also  Matr1x's $MAX Token Launch Sets New Standard for Web3 Mobile Games with $1.5 Billion Valuation

However, users who owned Aavegotchi NFTs ahead of the announcement will be “eligible for a free membership,” with more details to be announced ahead. Decrypt’s GG reached out for more details regarding the membership fees, but did not immediately receive a response.

Like Ronin and Xai, rival Ethereum gaming networks, Geist will be permissioned—which means the developers can determine which teams can build on the chain. The platform promises to offer a curated selection of games approved by Pixelcraft Studios or AavegotchiDAO.

Key features of the Geist platform include exclusive rewards such as badges and loot boxes, seamless game integration, an NFT marketplace called Aavegotchi Baazaar, and technical capabilities like a native on-chain random number generator and gasless transaction support. Aavegotchi’s GHST will be the network’s native token.

The network also aims to provide future opportunities for members to earn a portion of marketplace and sequencer fees through staking, per a release. To facilitate user participation, Geist plans to leverage major exchanges for easy ETH and GHST onramps.

No firm timeline was provided, though Geist is expected to launch in the “coming months,” per a release. A testnet rollout will precede the eventual mainnet debut.

Editor’s note: This article was written with the assistance of AI. Edited and fact-checked by Andrew Hayward.

Tags: AavegotchiChainEthereumgaminglayer3MembersrevealsStudio

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