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$GHST - An Undervalued P2E & Metaverse Project

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$GHST - An Undervalued P2E & Metaverse Project

Aavegotchi is fun, nostalgic and has so much upside potential

Aylo
Nov 30, 2021
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$GHST - An Undervalued P2E & Metaverse Project

alphapls.substack.com

Welcome to the 11th Alpha newsletter. We curate alpha for you. That’s it; that’s the newsletter.

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Every subscriber means a lot to us. We love sharing alpha. Join the community.

You’ve been hearing a lot about the metaverse and play-2-earn games recently, and you are starting to feel like you are missing out, but you are looking for a project that might still have a reasonable market cap because you are worried about FOMOing in and getting rekt.

Enter Aavegotchi and $GHST

What is Aaavegotchi?

TL;DR version

Aavegotchi is an NFT game played on Polygon, inspired by Tamagotchi. If you were born after the Tamagotchi craze, trust me, it was a big thing.

Aavegotchis are basically game avatars, which come to life once Aave tokens have been deposited into them. They are a bit like a piggy bank. Aavegotchis all have different traits, which give them their stats. These stats become important when using them in mini-games and will be important in the gotchiverse. The stats are also used in rarity farming: the rarer the aavegotchi score, the higher the $GHST payout from their seasonal game depending on where you rank in the leaderboard. You can buy and equip wearable NFTs in order to raise this score. You also get to pet your Aavegotchi and get rewarded for that. Neat, huh?

$GHST is the in-game currency that is essential to the game. All in-game NFTs are purchased with $GHST.

$GHST is sitting at $226 million market cap right now.

The Gotchiverse

The gotchiverse is where the game takes place. You will be able to buy land, put your gotchis to work by building installations on your land and earn in game currencies. We recommend you read the lite paper to understand the vision of the team. The alpha version of the Gotchiverse DeFi RPG will be going live before the end of 2021.

The Gotchiverse

The second land sale is happening on Dec 2. You might want to get involved in that. They use a novel auction system that allows you to earn $GHST if you are outbid. Yes, you are paid to lose.

That’s your brief overview (there is a lot more to cover), which has hopefully convinced you that you need to dig deeper into the project. You can access all of the project resources here.


Let’s get some fomo going, shall we?

This is a few days ago, but $GHST is looking rather undervalued considering how far along the ecosystem is relative to its peers.

Twitter avatar for @Crypto_Foo
𝕮𝖗𝖞𝖕𝖙𝖔 𝕱𝖔𝖔 @Crypto_Foo
$GHST $199M
Twitter avatar for @CryptosBatman
CryptosBatman ⚡ @CryptosBatman
Comparing the market cap of Metaverse projects shows you which ones are undervalued. $MANA $9.2B $AXS $8.2B $SAND $6.1B $ALICE $803M $STARL $687M $CEEK $585M $WILD $494M $RFOX $344M And then you have: $MLT $35M (Unique, working product) $MINE $218K (MINEVERSE, IDO tomorrow)
10:24 PM ∙ Nov 24, 2021

Aavegotchi utilises a bonding curve for $GHST, which means it is often much less volatile to the downside when the market is experiencing turbulence. It can’t be manipulated very easily.

Twitter avatar for @Webb_Nft
Webb @Webb_Nft
The thing that makes $ghst and @aavegotchi different from all the other farming nfts out there. it's simple, were built different. We build for bear markets not for bull markets, and yeah our economics are that good.
wiki.aavegotchi.comBonding Curve -- Aavegotchi WikiThe Aavegotchi Bonding Curve
4:29 PM ∙ Nov 27, 2021
49Likes13Retweets

Here is an example of this downside protection.

Twitter avatar for @MoonGotchi
Moon (👻,👻) @MoonGotchi
$GHST already green again, built different
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2:59 PM ∙ Nov 26, 2021

If you have some gotchis, you are also going to be able to lend them out. Pretty cool.

Twitter avatar for @PlayToEarn
Play to Earn Online Magazine @PlayToEarn
Got lots of Gotchi, but little time? Lend your Gotchi to other players, your guild mates, or random people, are earn passive income! Read more: playtoearn.online/2021/11/29/aav… @aavegotchi $GHST $kek #gotchiverse #NFTs
playtoearn.onlineAavegotchi Introduces Lending Mechanism for Gotchi NFTs - Play to EarnAavegotchi has introduced Gotchi Lending, a new way to generate passive income by lending NFTs. The system works completely on-chain.
7:27 PM ∙ Nov 29, 2021
6Likes2Retweets

For the expert level defi users. You can put $GHST to work.

Twitter avatar for @lemiscate
marczeller.eth @lemiscate
Y'all liked my "How do I pay rent without selling my crypto" yesterday So here's a new one 100% on Polygon, that will literally cost 1$ of tx fee and is simpler to implement this one leverages $GHST to short fiat and pays you ~45% to NOT sell your crypto Have fun @aavegotchi
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1:30 PM ∙ Nov 12, 2021
795Likes160Retweets

We can confirm Marc (member of the Aave team) is not a larper.

Twitter avatar for @lemiscate
marczeller.eth @lemiscate
At current $GHST valuation, my pfp gotchi "lucky" floor price (BRS + items) is worth 300k$. Probably nothing.
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8:58 AM ∙ Nov 25, 2021
148Likes7Retweets

Nice and succinct.

Twitter avatar for @Quamf_y
Hyper Quamfy @Quamf_y
Reasons I like #aavegotchi and the $GHST token: - OG P2E game (100% on-chain) - Lots of mini games with a wider metaverse and ecosystem coming soon - The game goes deeep - Amazing community - Next land sale Dec 2nd - Incubated by $AAVE More detailed thread coming soon...
8:12 PM ∙ Nov 29, 2021
20Likes4Retweets

People always talk about how great the team is associated with their bags. I promise you that you won’t find many devs that ship like coderdann (CEO of Pixelcraft Studios, the company behind Aavegotchi) does.

Twitter avatar for @tandavas
tandavas.eth 👘 👻🌟 @tandavas
This is why I trust @coderdannn and @aavegotchi
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10:03 AM ∙ Nov 29, 2021
63Likes8Retweets

Would you like a hit of hopium, sir?

Twitter avatar for @Herr0x
Herr0x INU @Herr0x
I am going to pin this to my profile & then retweet when $GHST hits $100. @aavegotchi is the standard for DeFi gaming and soon everyone will realize it.
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4:05 PM ∙ Nov 20, 2021
141Likes32Retweets

More hopium, sir?

Twitter avatar for @Herr0x
Herr0x INU @Herr0x
Have you ever seen a more obvious cup & handle than the one on $GHST @aavegotchi ? ~$190m market cap going on $10b 💰👉🏼👈🏼
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3:19 PM ∙ Nov 23, 2021
79Likes22Retweets

A few targets from Herro.

Twitter avatar for @HerroCrypto
Herro @HerroCrypto
$GHST doesn't care that the entire market is red today. - Best yield out there, raffle tickets for more #GHST - Sub $200m Market Cap - Land Bid 2 Earn Auction days away - Announcements & releases over the next 6 weeks - Low gas fees on @0xPolygon #MATIC
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Twitter avatar for @aavegotchi
Aavegotchi 👻 @aavegotchi
💰 $GHST stimmies have been sent 🚀🥳 👻 💫 11,000+ Gotchis across three categories have received 500,000 GHST ($1.3M USD❗️) 📸 The final snapshot of #RarityFarming SZN 2 takes place on Tuesday, December 7th at 2pm UTC 👀 WHO'S RDY FOR THE EPIC FINALE?! ✨👻✨ https://t.co/t7BnEPMY50
5:29 PM ∙ Nov 24, 2021
53Likes16Retweets

Fine looking chart, we dare say.

Twitter avatar for @ruffiian
ruff 🔺💣 @ruffiian
bought $ghst will larp later
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7:51 PM ∙ Nov 28, 2021
Twitter avatar for @AyloAlpha
Aylo Alpha @AyloAlpha
$GHST in price discovery and is still the most undervalued P2E & metaverse project out there. @coderdannn been shipping. Life is good. Better go and pet my gotchis.
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9:40 AM ∙ Nov 25, 2021
38Likes6Retweets

Short $SNAP. Long $GHST.

Twitter avatar for @technovikingeth
technoviking.eth @technovikingeth
One of these is a boomer stonk. The other is my retirement fund. $GHST 📈📈📈
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2:41 AM ∙ Nov 26, 2021

All aboard the SS. Gotchi.

And that’s your alpha.

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$GHST - An Undervalued P2E & Metaverse Project

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