Adventure Gold

What is Adventure Gold (AGLD)?

Adventure Gold (AGLD) is the native governance token for the Loot project—a decentralizing and community-driven platform for creating an open metaverse. AGLD was initially given to holders of Loot NFTs and used for voting in important decisions on how the platform would develop in the future. We intend for AGLD to be a currency used in the Loot universe to participate in games, experiences, and projects being built on Loot.

What Problem Does Adventure Gold (AGLD) Solve?

Adventure Gold addresses:

• Governance: AGLD is a form of governance for the stakeholders of the Loot project, and hence is a driver for decentralization and community-driven approaches.
• In-Game Currency for the Loot Ecosystem: AGLD can be spent within games, experiences, and applications developed on the Loot platform.
• Decentralized Development: The project promotes decentralized and open development via the governance framework over future developments and integrations within the Loot ecosystem.

Why Does the Crypto Market Need Adventure Gold (AGLD)

That AGLD has been beneficial to the crypto market because it:

• Decentralized Metaverse: AGLD plays a part in the open metaverse of Loot, with the ambition of empowering users and developers to collaborate on and control in-game assets and experiences together.
• Governance Participation: It empowers the community to vote for decisions on what influences the future development of the Loot project.
• Cross-Project Integration: Being interoperable, Loot and AGLD will be a way for developers to integrate and make use of AGLD across other projects, games, and even across platforms.

History & Achievements

AGLD was launched in September 2021 as a governance token for Loot, the innovative NFT project that took the world of NFTs by storm, pioneering decentralization and community vision. At inception, AGLD was dropped to holders of Loot NFTs, which created a huge interest in the token and the general Loot ecosystem.

Who Founded Adventure Gold (AGLD)?

AGLD was created by Will Papper as a governance token for an NFT-based project, Loot. The co-founder of Vine, Dom Hofmann, wrote its smart contracts. In quite an original twist, these randomly generated "adventure gear" NFTs were dropped without any accompanying artwork, leaving it up to the community to build upon the concept.

What Sort of Technology Does Adventure Gold AGLD Use?

Adventure Gold uses:

• Ethereum Blockchain: AGLD operates as an ERC-20 token on Ethereum, meaning it is fully DeFi-compatible with a broad range of platforms and wallets.
• NFT Integration: The Loot project, in this case, is where AGLD comes into the scene, being the governance token for this kind of asset. It has to do with NFTs representing adventure gear and items that provide a lot of possibilities for game developers in the direction they go with games and experiences, maybe even the whole digital world.
• Governance System: AGLD holders may participate in the governance of the Loot project by voting for the proposals and making decisions regarding the platform's future development.

What Influences Adventure Gold (AGLD) Price?

Factors Affecting the Price of AGLD:

• Loot Project Development: New projects, partnerships, and developments within the Loot ecosystem increase demand for AGLD.
• Market Sentiment: Interest in the broader NFT and metaverse markets often affects the price of AGLD.
• Community Governance: Voting by AGLD holders on different proposals and decisions could affect the utility and demand for the token.
• General Trends in Cryptocurrencies: As an ERC-20 token, AGLD is exposed to general trends in cryptocurrencies within the Ethereum ecosystem and the larger crypto market.

How Many AGLD Tokens Are in Circulation?

The total supply of AGLD tokens is approximately 77,310,001.

What is the Maximum Supply of Adventure Gold (AGLD)?

The maximum supply for AGLD has been capped at 80,000,000 tokens.

What is Adventure Gold (AGLD) Utility?

AGLD tokens are used for:

• Governance: AGLD holders will be able to vote on proposals that affect the Loot project and, in general, the Loot ecosystem.
• In-Game Currency: AGLD will be expected to evolve into the in-game currency in the experiences and games built on the Loot metaverse.
• Community Engagement: AGLD will allow users to engage in the Loot community and contribute to the further development of the project.

Adventure Gold (AGLD) Tokenomics

AGLD's tokenomics:

• Fixed Supply: With a maximum supply of 80,000,000 tokens, this maintains high levels of scarcity and value for the token.
• Governance: AGLD is predominantly a governance token, which gives holders the power to influence the direction of the Loot project.
• Airdrop Distribution: Initially, AGLD tokens were airdropped to holders of Loot NFTs, hence community-driven development from inception.

What are the All-Time High and All-Time Low for Adventure Gold (AGLD)?

• All-time High: $7.70 on September 3, 2021
• All-Time Low: $0.2082 on November 9, 2022

Where to Buy Adventure Gold (AGLD)?

AGLD tokens can be purchased at other major crypto exchanges, including:

• Binance
• Coinbase
• Uniswap
• SushiSwap

Who are the Early Stage Investors of Adventure Gold (AGLD)?

Since the first airdrop of AGLD, which was to Loot NFT holders, AGLD hhasn'tfollowed the traditional process of venture capital funding. Its inception and development have been through the community, with no driving force other than the one the Loot pproject'sdecentralized vision has set around interest.

What is Adventure Gold (AGLD) Revenue Streams?

Adventure GGold'ssources of revenue include:

• Governance Participation: AGLD, by itself, does not earn anything, but it helps to design the path that the Loot project can take in the future for monetization.
• Metaverse Expansion: As the Loot ecosystem grows, AGLD may increasingly become central to new game experiences and platforms that integrate Loot NFTs, expanding its use and demand.