The Gotchiverse is a virtual world centered around Aavegotchi characters, where users can own parcels of land within the Gotchi Citaadel, a safe farming destination. Users can harvest alchemica, the elemental building blocks of the Gotchiverse, to craft NFTs and trade them on the open market. The parcel distribution uses GBM Auctions, a method where bidders can earn payouts if outbid.