Adventure Gold (AGLD)

 Adventure Gold (AGLD) is the native ERC-20 token associated with the Loot non-fungible token (NFT) project. Loot is a unique project created by Dom Hofmann, co-founder of Vine, which generates text-based, randomized adventure gear stored on the blockchain. Unlike traditional NFT projects, Loot intentionally lacks front-end interfaces, images, or statistics, instead consisting of 8,000 text-based NFTs containing descriptions of various items such as "Holy Greaves of Giants" or "Grim Shout." This open-ended approach allows the community to interpret and build upon the project as they see fit.

AGLD was launched on September 2, 2021, and was initially distributed to owners of Loot NFTs, with each owner receiving 10,000 tokens for free. The token quickly gained value, with its airdrop at one point being valued at up to $70,000 per NFT. Will Papper, the founder of AGLD and co-founder of Syndicate DAO, launched the token in response to endorsement and encouragement from Vitalik Buterin, the co-founder of Ethereum.

Unique to Adventure Gold is its governance token role within the decentralized gaming universe. AGLD holders are empowered to vote on future in-game credits or future mints built on top of the Loot project and adopting AGLD.

Adventure Gold has a total supply of 75.3 million AGLD, with the majority distributed to Loot NFT owners during the airdrop and the remainder available on the open market. The token operates on the Ethereum blockchain, following the ERC-20 standard, and is secured by Ethereum's proof-of-work consensus mechanism.

AGLD trading commenced on September 3, 2021, and the token quickly gained popularity, reaching an all-time high on its first day of trading. It is currently available for trading on platforms such as Poloniex, Huobi, and Uniswap V3.