NFT Gaming Protocol Aavegotchi Aims to Increase Engagement With Upgrade

Community members of the AavegotchiDAO voted Monday in favor of launching the Forge, a new upgrade to the crypto collectibles game dedicated to improving Aavegotchi’s wearables market.

The Forge is meant to introduce greater diversity and utility to the wearables market by tokenizing the different economic values of wearables, allowing the AavegotchiDAO to “granularly control inflation and introduce deflationary mechanics while still creating new content,” according to the upgrade’s whitepaper.

With the Forge, players can create new wearables by smelting unwanted wearables and recombining them with new materials, adding further composability to protocol assets.

The motivation behind the proposal stems from the consistent reduction in secondary market value and sales volumes of wearables.

Wearables Market Dashboard (Aavegotchi DAO)

Speaking in a discussion thread, Dr. Wagmi, the author of the snapshot proposal, said, “The wearables market is in a very difficult position with decreased demand during the bear market … Moreover, the Aavegotchi ecosystem is suffering from low engagement, difficult to understand path towards ‘leveling up’ and thus, little time spent in the Gotchiverse.”

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