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Originally meaning 'Game Of The Year', but now used as a replacement for 'epic' or 'cool'. Used unironically.
Guy 1: Dude, I totally just built a car in a cave with a box of scraps!

Guy 2: GOTY.
GOTY by Die Nadel January 15, 2011
Related Words
goty Gotye gotya gotyad gotyakaia gotyam GOTYAY gotyed Gotye me Gotyll
Game of the Year for Morrowind Xbox Game
goty by OmNiLaSh October 30, 2003
Group of the year
BlackPink will win the Goty in 2020!
Goty by Kpop terms September 20, 2020
Game of the year, all years

Sometimes used seriously and sometimes used jokingly, it is used to refer to a game that nearly every gamer has heard of, played and loved. This game is one often credited for raising the bar in a particular genre, such as how Goldeneye popularized zoom on rifles in FPS games and had absolutely amazing multiplayer, or how Starcraft introduced three vastly different races to combat against each other instead of traditional RTS using fairly similar races with a few different units. Other frequent GOTYAY nominations are Deus Ex, System Shock 2, Doom, and many others.
Dude 1: Man, I would call SC2 GOTY 2010

Dude 2: More like SC1

Dude 1: Didn't that come out in the 90s?

Dude 2: SC1 was GOTYAY
GOTYAY by AyahuascaTheSage December 21, 2010
The traffic was so bad today that I couldn't help but scream and gotye at other drivers.
Gotye by GingerFreak August 16, 2012