Metric to measure following "health" i.e. how big the following of a project is & it's activity levels.
General Activity:
-> Conclusion & other remarks:
The game seems to have a high amount of followers on Twitter & Reddit. An active community has formed around it as well.
Metric to measure the execution strength & credibility of the team.
Social Media Accounts of Team:
Other remarks:
The company behind this is called pixelcraft studios. It is a small company located in Singapore. -> Conclusion & other remarks: The team is extremely transparent about their background decreasing the chance of a scam project.
Strength level:
Very Strong (solid background, good social media presence)
Metric to measure the economic health of the project.
The main economic object is the Ghost-token & the Aavegotchi NFT.
$GHST is the in-game currency for the Aavegotchi ecosystem. It also functions as a governance token, incentiving users to participate by return a percentage of all in-game sales to holders who've participated in governance decisions. Due to it's launch, GHST doesn't have a fixed supply but is regulated by a Token-Bonding Curve (more info here: https://wiki.aavegotchi.com/en/curve).
Initial vesting period of the pre-mine has been around 180days. Currently, the redistribution of GHST is particularly noteworthy.
All GHST revenue generated will be split into:
1) 5% burned (reducing supply)
2) 40% in-game rewards for players
3) 15% rewards for DAO-Governance participants
4) 40% goes to the team behind Aavegotchi (essentially for promotional activities)
This NFT is needed to play the game - the initial distribution is unclear.
-> Conclusion & other remarks:
Their tokenomics model is one of the more advanced ones out there & is not easy to understand. However, it does make a lot of sense in the backend. One particular concern is that 40% of all revenue generated goes to the team for "promotional activities", which seems rather excessive - but compared to industry standards, it's probably "in-line".
Metric to measure the momemtum/adoption of the project in the community.
Subreddit growth & follower growth seems steady, however user momentum & NFT sales are dropping slightly.