The universe of NFTs continues to evolve, and Adventure Gold (AGLD), along with the Loot (for Adventurers) project, represent a key innovation by placing creative and economic control in the hands of the community. Here we tell you the most relevant information about these projects and how they are changing the narrative in the blockchain space.
What is Adventure Gold (AGLD)?
Adventure Gold (AGLD) is the governance and utility token of the Loot ecosystem. Designed on Ethereum, AGLD allows users to participate in project decisions and acts as currency within games and experiences created around Loot.
Key Features:
Total supply: 80 million tokens (fixed, no additional issuance).
Initial distribution: It was given for free in 2021 to holders of Loot NFTs, with 10,000 AGLD per NFT.
Main Uses: Governance, utility currency in games, and support for the development of derivative projects.
What is Loot (for Adventurers)?
Loot is a collection of 8,000 unique NFTs that contain lists of adventure gear in plain text, such as 'Divine Robe' or 'Dragon Slayer Sword'. Unlike other NFT projects, Loot has no images or predefined rules, allowing users to build games, stories, and experiences from scratch.
Key Features:
Basic format: Each NFT is a list of 8 items in text.
Total decentralization: The community has absolute control to develop tools, games, or lore around Loot.
Expansive ecosystem: Since its launch, Loot has inspired over 80 derivative projects and 9 guilds that expand its universe.
Recent News
Adventure Gold (AGLD):
Loot (for Adventurers):
Sales volume: More than 75,000 ETH, equivalent to $120 million USD.
Current minimum price: Approximately 0.17 ETH.
Highlighted derivative projects: 'Realms (for Adventurers)' and 'Loot Character', which have taken the concept to new creative levels.
The Impact on the NFT World
Loot and AGLD have revolutionized the NFT space by fostering collective creativity and decentralized governance. While traditional NFTs often focus on closed visual art, Loot offers an open framework that invites users to collaborate and build a limitless universe.
Highlighted Innovations:
Loot Watcher: Platform to track the Loot ecosystem and explore new projects.
Loot Mart: Tool to disaggregate Loot bags and trade individual items.
Conclusion
Adventure Gold (AGLD) and Loot are more than just simple NFT projects; they are a movement towards a truly decentralized ecosystem, where creativity and community are at the center. With their growing popularity and innovative approach, these projects continue to set trends in the metaverse and blockchain-based gaming.