A Polygon-Ethereum bridge is bringing Aavegotchi NFTs to Rarible

A new Polygon to Ethereum bridge is helping bring Aavegotchi NFTs to the Rarible marketplace, the teams said in a release shared with CryptoSlate this week.

“One of our main goals at Rarible is to make sure that our vibrant community has access to all the amazing things happening in the space. Given the rising popularity of the play-to-earn model, and the love Aavegotchi ghosts have been getting, it made perfect sense to partner with Aavegotchi and bring their cutting-edge NFTs to the Ethereum ecosystem in mass for the very first time,” explained Alex Salnikov, Rarible’s Co-Founder and Head of Product.

“We’re excited to bridge the Rarible and Aavegotchi communities together, welcoming new collectors and gamers to the Rarible ecosystem,” he added.

What are Aavegotchis?

Each Aavegotchi is a DeFi-staked collectible NFT ghost, assigned with a randomized rarity score and traits. They are 100% on-chain playable NFTs. Gotchis can earn XP and swag up their look by equipping wearables and increasing the rarity to compete for player rewards in GHST tokens. The latest “rarity farming” event boasted over $1 million worth of rewards for the top 5000 Aavegotchis. 

Aavegotchi’s native in-game NFT marketplace, Gotchi Bazaar, is the largest NFT marketplace on Polygon with more than $10.9 million in sales over the past month alone. 

The wider community has been really waiting for Aavegotchi to arrive on Ethereum for a while now, and the wait is finally over. On Monday, Aavegotchis started migrating to Ethereum in mass for the first time through Aavegotchi’s built-in Polygon-to-Ethereum NFT bridge. 

The launch also makes Aavegotchi one of the first NFT projects to originate on Polygon and bridge back to Ethereum. Rarible is thrilled to team up with Aavegotchi to become the new Ethereum home of choice for the Aavegotchi community. 

Rarible.com users buying and selling items from the Aavegotchi collection will be eligible for 3x $RARI rewards for two consecutive weeks, starting this past Monday. The rewards are expected to increase trading activity across the Rarible.com marketplace, onboarding more users to explore the artistry of our fantastic creators.

Rarible has experienced massive success in the last year and this partnership is just one milestone among many in growing the Rarible community. For context, Rarible’s revenue growth since 2020 is projected to be up to 15x, amounting to up to $14 Million for 2021 revenue. 

The post A Polygon-Ethereum bridge is bringing Aavegotchi NFTs to Rarible appeared first on CryptoSlate.


Share on facebook
Share on twitter
Share on pinterest
Share on linkedin

Follow Us

Most Popular

Get The Latest Updates

Subscribe To Our Weekly Newsletter

No spam, notifications only about new products, updates.
On Key

Related Posts

Ethereum Supply Shock Grows As Reserves Decrease, ETH 2.0 Contract Increases

The Ethereum supply shock has been growing as exchange reserves continue to decrease and value staked in ETH 2.0 contract rises. Ethereum Supply Shock: Exchange Reserves Go On Decreasing While ETH 2.0 Staking Contract Grows In Value As pointed out by a CryptoQuant post, ETH exchange reserves have been decreasing while the coins locked in

Uncertainty in XRP Price Action Could Be a Negative Signal!

Despite the ups and downs, XRP has a relatively higher position and ranks among the crypto world leaders. It is a first-of-its-kind cryptocurrency and has offered tremendous value to investors in its popularity and real-life use cases. XRP currently holds the 6th position in market capitalization with a total circulating asset of USD 50.94 billion.

Australian Creative Agency Accepts Cryptocurrency

Born Bred, the influencer marketing and creative agency of New Zealand and Australia, has decided to accept cryptocurrency as payment for its services. According to the latest announcement, Born Bred is ready to accept almost all major cryptocurrencies as modes of payment. The agency will now allow transactions in Bitcoin, Ethereum, and Ripple on its

Chingari Announces Its NFT Plan with $GARI Token

In a significant development for the NFT domain, the Chingari short video platform has announced its first token called $GARI. The organization is on the way to launching a marketplace for NFTs. Prominent Bollywood personalities Salman Khan and Vaani Kapoor were present on the occasion.  The organization has recently concluded the funding round in which