What is Aavegotchi (GHST) Coin
Powered by Aave, Aavegotchi is a type of ERC-721 Non-Fungible Token (NFT) generated by staking various supported ERC-20 tokens. The Aavegotchi ecosystem introduces features including token collateral staking, dynamic rarity, rarity farming, and game mechanics governed by a Decentralized Autonomous Organization (DAO).
- GHST is the native utility token of the Aavegotchi ecosystem and is used for the following:
- Payment: GHST is used as the base currency for the purchase of various digital assets, such as Aavegotchi Portals, wearables, consumables, and collectibles.
- Staking: players are required to stake GHST to mint REALM, the land parcels of the Aavegotchi Realm, as an indication of commitments to the ecosystem and safeguard against malicious behavior.
- Governance: GHST will be rewarded to users who participate in the governance of the AavegotchiDAO.
- Aavegotchis possess three attributes that determine their overall rarity and value, including:
- Spirit Force: Each Aavegotchi NFT manages an escrow contract address that holds Aave-backed ERC-20 collateral, called Spirit Force, or collectively represented as an aToken. The aTokens are interest-bearing derivative tokens that are minted and burned upon deposit and redemption.
- Traits: Aavegotchis possess multiple traits that influence their rarity, performance in mini-games, and the wearables they can equip. Some traits are generated randomly upon birth, while others depend on user-interactions with Aavegotchis.
- Wearables: In addition to managing the aToken escrow, Aavegotchis can also manage child ERC-721 or ERC-1155 NFTs, known as wearables in the Aavegotchi ecosystem. Some wearables can increase or decrease certain traits of an Aavegotchi.
- The project has raised 250,000 USD via private token sales, where 5,000,000 GHST tokens have been sold at 0.05 DAI / GHST.
How To Buy Aavegotchi (GHST) Coin
1.Step: Everyone who is planning to invest in or benefit from the advantages of cryptocurrencies wonders the answer to Where to buy Ghst coin question. First, you need an online wallet to buy cryptocurrencies. You need to sign up to Binance exchange from here, which is preferred globally to buy coins and you can buy coins with fiat currencies. You can quickly access many assets and trade types such as altcoins, future markets, and margin by creating a Binance account.
2.Step: Complete your registration by typing an email to the email section or typing your phone number on the section available on the mobile tab. Click/tap on the “Buy Crypto with Your Credit Card” option after the registration and verify your identity.
3.Step: Continue the process by typing the amount you would like to invest and your preferred cryptocurrency. Keep in mind that for security reasons, your credit card/debit cardholder information must match with the name available on your account. If you would like to buy cryptocurrencies with a wire transfer, you need to follow the Buy Crypto > Third-Party Payment options to pick your preferred fiat currency to buy cryptocurrencies.
4.Step: If the cryptocurrency you are planning to buy is not available on the list, buy USDT “You can always redeem 1 USDT Coin for US $1.00”. You can buy any coin you want with USDT by following Buy-Sell > Classic steps. We have provided the answer to How to buy Aavegotchi coin, now you can view the cryptocurrencies you bought by clicking on the wallet summary available on your Binance account. You can sell your assets when their value increases, or you can withdraw them to your bank account in desired fiat currency.
How Much is a Aavegotchi (GHST) Coin
Aavegotchi (GHST) coin prices are updated instantly in USD, Euro, Sterling currencies in the following table.
Aavegotchi (GHST) Coin Review
You can learn more about Aavegotchi (GHST) coin reviews and information on cryptocurrencies by visiting their official page available in the following.
Website https://aavegotchi.com/ Whitepaper https://docs.google.com/document/d/186zOapKeHNNJ9y8LIByQQ64rs0eJUlEF/ Github https://github.com/aavegotchi Medium https://aavegotchi.medium.com/ Documentation https://wiki.aavegotchi.com/ Telegram https://t.me/aavegotchi Discord https://discord.com/invite/aavegotchi