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Gotchiverse REALM

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Play-to-earn metaverse for farming, crafting and trading

SingaporeFintech
Valuation $100–250M Last recorded · 2023
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Gotchiverse REALM and the history behind them.

About Gotchiverse REALM

Gotchiverse REALM is the flagship metaverse game from Pixelcraft Studios, built on the Aavegotchi NFT gaming protocol. The game operates on the Polygon blockchain and integrates decentralized finance (DeFi) with play-to-earn mechanics, creating a genre described as a 'DeFi MMORPG'. The project was co-founded by Jesse "gldnXross" Johnson, who also serves as the COO of Pixelcraft Studios, and CEO "Coder Dan". The development team also includes Game Director Jason Slama and an expanding group of developers and designers.

The Gotchiverse is a persistent, open-world social space where players use Aavegotchi NFTs—pixelated ghost avatars—to explore, build, battle, and earn. The game's economy revolves around its native governance token, GHST, and four in-game ERC-20 tokens collectively known as Gotchus Alchemica (FUD, FOMO, ALPHA, and KEK). Players acquire these resources by farming on their land parcels, known as REALM, which are themselves ERC-721 NFTs. This allows landowners to harvest resources, either with their own Aavegotchi or by lending them to other players. The harvested Alchemica can be used to craft in-game items and structures called Installations, such as altars, harvesters, and reservoirs, which enhance a player's ability to farm and defend their land.

The business model is centered on a player-owned economy. Revenue is generated through the sale of in-game assets like REALM land parcels and Aavegotchi NFTs. Players can trade these assets on the Aavegotchi Baazaar, the native NFT marketplace. The model also includes a liquidity incentive program where players can earn GLTR tokens by providing liquidity to the Gotchus Alchemica Exchange (GAX). The game is designed to be community-governed through the AavegotchiDAO, which allows token holders to vote on key aspects of the game's development and treasury management. To increase accessibility, the game features a "Gotchi Lending" program that allows newcomers to borrow an Aavegotchi to start playing and share in the rewards, and a free-to-play option where users can play as "Lickquidators," the game's antagonists.

Source: Dealroom company data

At a glance

Status
Operational
Headquarters
Singapore
Open positions
None listed
Dealroom signal
19.0/100
Industry
Fintech, Media
Sub-industry
Crypto and DeFi
Sector
Fintech, Hard Tech
Technology
Blockchain
Business model
Marketplace & ecommerce
Client focus
b2c
Links
Website

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Mar 2023 $30M $120M Undisclosed ↗
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Growth signals

Gotchiverse REALM website traffic

Latest recorded traffic for Gotchiverse REALM is 200 monthly website visits, down 72.2% over the last three months.

Latest monthly visits200 3-month web change-72.2%
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Similar companies

Closest operating peers by Dealroom taxonomy

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DoodlesA community driven collectible nft project by burnt toast, poopie cat, and tulip Miami, United States Operational
Tribes ProtocolBuilding a decentralized communication protocol and a crypto-native consumer product to power the next generation of crypto communities, creators, and DAOs Greece Operational
Element BlackA revolutionary NFT platform that enables co-creation, collaboration, and co-ownership of digital assets British Virgin Islands Operational
ArcadeArcade is a decentralized lending platform leading the financialization of NFTs San Francisco, United States Operational
ClubNFTNext-generation infrastructure solutions to discover, protect and share non-fungible tokens (NFTs) for digital artwork Framingham, United States Operational
Candy DigitalPlatform for fans and collectors to buy, sell and trade its NFT products, which have so far been released in partnership with MLB and a roster of college athletes Braintree, United States Acquired
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

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Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇸🇬 Singapore HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Gotchiverse REALM on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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