Adventure Gold (AGLD) price, chart, coin profile and news
Find the latest Adventure Gold (AGLD) price, coin profile, news and history to get you started with Adventure Gold trading and investing.
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What is Adventure Gold?
Adventure Gold, or AGLD, is the native cryptocurrency of a non-fungible token (NFT) project known as Loot. Launched in August 2021 by Dom Hofmann, the co-founder of Vine, Loot consists of 8,000 unique NFT “Loot bags” that each contained 8 pieces of role-player game (RPG) equipment. Items held within each NFT bag are similar to those found in popular games such as World of Warcraft or Dungeons and Dragons. According to the project’s website, thanks to Loot’s smart contracts, each piece of equipment was randomly generated, providing each NFT holder with a completely unique list.
Visually, the NFTs are just a worded list, with stats, images and other functions purposefully omitted. It was the project’s aim for those key aspects of the NFTs to be interpreted by members of the Loot community. As a result, the project has been described by many as “NFT improvisation” and has gone on to generate an entire ecosystem built around Loot NFTs and the associated RPG items. Upon launch, no one knew which piece of equipment was most rare. The rarity of each item was only established once the whole collection had been analysed by members of the community. As popularity increased, members of the community then went on to develop visualisation and price monitoring tools for all Loot items, and a metaverse for the project. Instead of a top-down approach where the decisions of NFT developers create value, Loot takes a bottom-up approach with the value being derived from the project and how engaged the community is.
The native cryptocurrency, AGLD, was developed as a bolt-on to the Loop project by Ethereum Developer, Will Papper. Each Loop NFT holder was airdropped 10,000 AGLD tokens upon launch. While the use of the token was left up to members of the community, it is now used as the governance token of the Loot NFT game. In addition to governance, the token could potentially be used for ‘in-game credits’ and to facilitate transactions within other projects that are devised atop Loot’s native infrastructure.
Adventure Gold (AGLD) is the 498th largest cryptocurrency in the world by market cap, valued at $40,653,404. The current price of Adventure Gold is $0.7481128, which is 0.394% higher than yesterday. Prices have ranged between $0.76954344 and $0.69059996 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 19, 2022 07:05 UTC.
Adventure Gold (AGLD) priceUse our graph to track the performance of (AGLD) over time.
Adventure Gold at a glance
|Total AGLD supply||77,220,001|
|All time high||AUD$15.5206|
|All time high date||September 03, 2021|
Adventure Gold price performance over time
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Disclaimer: Cryptocurrencies, including Adventure Gold, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of AGLD is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Adventure Gold or any other cryptocurrency discussed.
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