Today, we are excited to announce GOTCHI and the upcoming launch of the GOTCHI Play-to-Airdrop campaign, the first rewards program on Geist—the members-only blockchain built for gaming.
Meet GOTCHI!
The first culture token launching natively on Geist.
GOTCHI embodies the spirit of the Aavegotchi IP and the fun side of the Gotchiverse, home of the Aavegotchis.
GOTCHI will serve as a medium of exchange within the Gotchiverse for activities like crafting, tipping, questing, and more.
New Token, New Ways to Earn
GOTCHI Token will be distributed via a new gamified airdrop campaign starting November 21, 2024.
Each season, players will compete to earn GOTCHI points on the GOTCHI leaderboard. At the end of each season, GOTCHI tokens will be distributed to the top-ranking players on the leaderboard.
There are two main ways to earn GOTCHI points: converting existing Alchemica, or playing Aavegotchi games.
Method 1: Alchemica go brrrrrn.
Have you been farming Alchemica in the Gotchiverse?
Alchemica farmers can convert their Alchemica into GOTCHI points at a fixed rate.
Note: This conversion rate may decrease over time, so convert that Alchemica early for the maximum points!
Method 2: Playing Aavegotchi games.
Every time Alchemica is burned, an extra 30% of the GOTCHI points generated will be allocated to the GOTCHI Gaming Rewards Pool.
Points from this pool can be earned by unlocking badges in various Aavegotchi games and spinning the GOTCHI Wheel.
How to earn GOTCHI Points through gaming
Step 1: Play supported Aavegotchi Games—Spirit Force Arena, Gotchiverse 3D, Gotchi Guardians, and more to be announced.
Step 2: Unlock Spins—Achieve in-game milestones to earn badges, which give you spins on the GOTCHI Points Wheel. Step 3: Spin the GOTCHI Wheel: Earn additional GOTCHI points by spinning the wheel!
Important: The GOTCHI Gaming Rewards Pool is capped based on the Alchemica burned. If the Game Pool is empty, no points will be awarded from spinning the wheel.
GOTCHI Tokenomics
Total GOTCHI: 1,000,000,000
GOTCHI Points Campaign Allocation: 70%
Liquidity (DEX, Listings): 20%
Growth and Partnerships: 10%
When will the campaign begin?
The GOTCHI Points Play-to-Airdrop campaign is set to begin on November 21st, 2024.
Subscribe to the official Geist newsletter below, join us on Discord, or follow us on 𝕏 so you don’t miss the launch.
Ready, Set, GOTCHI!
The Pixelcraft Studios Team
F.A.Q
Can non-members earn GOTCHI points?
Yes, non-members can earn GOTCHI points by burning Alchemica. However, non-members are not eligible to claim GOTCHI tokens during the airdrops. To ensure eligibility for the airdrop at the end of each season, please make sure your Geist Membership is active.
How long will each season last?
Each season is projected to last three months, although duration may vary based on various factors. We'll keep everyone updated on any changes to the schedule.
How long will the entire campaign GOTCHI airdrop last?
The entire campaign is planned to last 18 months, giving all frens ample time to participate.
Which network will GOTCHI be deployed on?
GOTCHI Token will be deployed natively to Geist at the conclusion of the first Season.
What will happen to Alchemica after the campaign ends?
Any remaining Alchemica at the end of the GOTCHI Campaign will likely not be convertible into GOTCHI Token. We encourage everyone to burn their Alchemica during the campaign.
How does GOTCHI differ from GHST?
GHST is the official governance and value accrual token of Aavegotchi. It also serves as the gas token of Geist, and the primary medium of exchange for all Aavegotchi assets.
GOTCHI, on the other hand, is a culture token representing the Aavegotchi IP. It will be used for activities within the Gotchiverse such as crafting, tipping, questing, and more.