Giant Bitcoin and cryptocurrency exchange Binance has added the Altcoin project Adventure Gold (AGLD) to its Innovation Zone platform today. With the listing announcement of the stock market, the price of cryptocurrencies rose sharply. This listing has Adventure Gold (AGLD) in mind? brought the question. cryptocoin.com as, we researched the altcoin project for you, let’s examine it together…
What is Adventure Gold (AGLD)?
Adventure Gold (AGLD) is the native ERC-20 token of the Loot non-fungible (NFT) project. Loot is an on-chain, stored text-based random adventure gear created by Dom Hofmann, co-founder of social media network Vine. The project intentionally does not have a front-end interface, images, statistics or functionality. Instead, it relies on 8,000 text-based NFTs that are open to how the community wants to interpret it. NFTs contain gear texts ranging from “Sacred Greaves of Giants” to “Grim Shout”.
As of September 8, 2021, the base price of Loot on OpenSea is 8.56 ETH. Adventure Gold follows the approach underlying Loot NFT gameplay, building community on top of Loot as a form of endorsement. The simplicity and uniqueness of Loot inspires the Web3 community to develop multiple derivative projects based on its code, while Adventure Gold itself is intended to be used as a management token, enabling users to vote on future in-game credits or future mints.
Adventure Gold was released on September 2, 2021
Adventure Gold was released on September 2, 2021, allowing each owner of a Loot NFT to claim 10,000 tokens for free. While the price of AGLD skyrocketed in the early days of trading, this airdrop was worth $70,000 per NFT. Adventure Gold has a total supply of 75.3 million AGLD. Each of the 8,000 initial Loot NFTs airdropped 10,000 AGLDs and the remaining supply was released on the open market.
Since the project is new, there is not much detailed information about its function and usage areas. cryptocoin.com What is Adventure Gold (AGLD)? We searched for an answer for you. We will be updating our article and you when we reach new details. But don’t forget to do your own research before investing in any coin as cryptocurrencies are risky investments!
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