Adventure Gold (AGLD) is the native token of the Loot non-fungible token (NFT) project. Loot is text-based, randomised adventure gear that is generated and stored securely on-chain. The Loot project has opted not to have, statistics, or functionality. Loot claims that this will allow the community to interpret the value of each NFT however they want.
AGLD was founded by Will Papper, a Standford University graduate who also co-founded the Syndicate DAO, which is a decentralised investing protocol. Papper created AGLD to set a useful standard for projects that build upon Loot, and ultimately to provide a currency for the decentralised gaming universe. AGLD also aims to be used as a governance token, which will allow users to vote on future upgrades or in-game mints that build on top of the Loot ecosystem.
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