Crypto
Adventure Gold
AGLD
Adventure Gold
1.7778
43.67%
≈1.7204
Circ/Total Supply
77310001/77310001
100%
Volume/24h%
738052468.256577
43.67%
#--
24h Turnover
536.99%
Loot is a chain-generated and stored random adventurer gear. It is a community-driven NFT project that allows anyone to cast items that represent a group of eight adventurer themed gear items that have the scarcity characteristics of random distribution.
Adventure Gold (AGLD) is a community-initiated Loot Project governance token that can be airdropped to all Loot holders.
Loot is a collection of 8,000 unique adventurer gear bags, originally published by Don Hoffman. Upon release, anyone can claim loot bags by paying GAS and all bags are released within 4 hours. Each loot bag contains eight items: the adventurer's chest, foot, hand, head, neck, ring, waist, and weapon. Look back at the DeFi explosion and how DeFi Lego bricks like loans and decentralized exchanges (DEX) triggered the emergence of new Lego bricks such as Yield Yield aggregators. Such a situation will also occur in the historical process of the development of NFT and meta-universe.
Loot NFT holders can apply for $4000 AGLDs, and each NFT can apply for 10,000 AGLDs.AdventureGold (AGLD)
1. This is a new format, not just animal pictures.
2. This is an ecosystem, not just NFT.
3. It can not only be shared, but also memed.
Loot is an experiment. The future of this experiment depends on everyone in the community, even everyone who is interested and willing to help build it. It is both a paradigm shift and a MEME of NFT. Everyone can re-create around a simple text.
< / p >
< strong > about LOOT < / strong > < / p >
On the official website, only two lines of short English introduction to LOOT : Loot is randomized adventurer gear generated and stored on chain. Stats, images, and other functionality are intentionally omitted for others to interpret.
Loot is randomly generated adventurer gear and stored on the blockchain. Statistics, images and other features are intentionally omitted for interpretation by others.
Feel free to use Loot in any way you want. Feel free to use Loot in any way you want.
More generally, Loot is a text-only on-chain NFT on a black background that anyone can cast and receive a random set of fantasy adventurer gear, in text form of course, with the rarity of random distribution.
Each Loot contains eight items of equipment, so there are eight lines, each line representing one item of equipment.
The total Loot was 8,000, and the creator reserved 222 for himself as a reward (these tokens had the same scarcity distribution as everyone else). Currently, all NFT tokens have been minted and claimed. Loot took a different approach. It was a bottom-up approach. Instead of creators adding value to NFT after it was released, @DHOF let the community determine the value of NFT.Just as YFI was popular in DeFi Summer, Fair Launch and composability were introduced into NFT system to some extent in Loot. Instead of the top-down ICO logic of most NFT's "make by issuer, buy by user", Loot has created a more decentralized APPROACH to NFT casting where anyone can participate in casting and publishing. Therefore, the value of NFT is no longer tied to a single organization or individual, but depends on the strength and consensus of the community and, in the long run, on the "degree of construction" of future Loot.
At present, the high price of Loot comes more from freshness and hype, but the emergence of Loot also provides new options and possibilities for the future development of the whole NFT, giving greater space for imagination. The current Loot is a minimum viable product (MVP), anyone can use Loot and other protocols for combination connection, expansion, similar to DeFi stacking wood, can continue to create and build on the basis of Loot. On the fifth day of creation, many ecological applications have been built around Loot, although they are still rudimentary.
It could represent a paradigm shift in NFT for the better, bringing us closer to cross-compatible games. Loot ultimately represents the building blocks of NFT, and how high they can go depends entirely on the upper limits of the community's collective imagination. It feels like almost the entire community is building an open source role-playing game (RPG) in real time. The fact that they turned the whole script upside down is why everyone is so excited about it.
Loot is essentially a minimum viable product that anyone can adopt and extend, build, evolve, and complete in any way they can imagine. So far, the community has at least welcomed this new developmental perspective of NFT, as evidenced by their active participation and the depth of knowledge built around the project. Everyone wants to be a part of it. Look back at last year's DeFi summer and how DeFi Legos like lending and decentralized exchanges (DEX) triggered the emergence of new Legos like Yield Yield aggregators. Now a similar phenomenon is happening with Loot projects.
The project's decision to leave no official explanation for Loot is a clever and bold design for the growing number of text versions of NFT. The community was given full autonomy to create Loot. Imagine if you liked some of the features of a Punk, but didn't like the whole look of the Punk, and if you changed it to fit your style, the 'identity' of the Punk you had was destroyed. For Loot, because its owners have complete creative autonomy and people can easily create new designs to suit their tastes, the entire community will flock to it and praise it for "looking rare." Arguably, the fact that there is no official artwork makes community-produced art more unique, as each artist has his own interpretation of Loot and can expand his knowledge more widely.
Loot is an evolution of NFT, betting call options on community creativity and the projects that are starting to form around it. It captures the essence of the ecosystem in both collaborative character and creativity, and infuses new ideas into areas we thought we already saw well understood.
October 9, 2021
Crypto finance service Amber Group has announced the launch of Loot Ecology's tool Loot Swag, which visualizes Loot equipment and generates an avatar. Amber Group says it will create a standard for more artists to join and upload their skin designs and trade them as NFT, Loot Swag will be available to Loot, MLoot and Synthetic Loot holders, Anyone can create their own avatar.
September 9, 2021
Loot founder Dom Hofmann proposed destroying Loot contract keys to eliminate the ability of any individual or organization (such as DAO and multi-signature) to act as its owner. Dom Hofmann said in his proposal that after weighing the pros and cons of destroying Loot contract keys, he chose to favor destroying keys because it would help promote the spirit of decentralization and equality of the project. The vote on the proposal will continue until 0:00, September 13, Beijing time. In addition, the destruction of the key must be approved by at least 60% of the people, otherwise it will be retained by default.
September 8, 2021
Loot community members Heygareth. Eth, Hill, Eraser, JX, and AGLD proposed the Adventure Gold token economy v1. The proposal aims to make AGLD a monetary tool for Loot Ecology to implement monetary policy and support ecological projects. AGLD will accumulate value as a store of value asset as the ecosystem grows. AGLD will raise 10 per cent in the first year and halve the rate each year thereafter, with the total volume capped at 20 per cent of the current total. Additional issuance of EPOCH will be distributed to pledged Loot and mLoot according to the proportion of floor market value of Loot and mLoot, acting as basic income.
September 8, 2021
The Loot community's proposal to accept AGLD as Loot Governance token has now been approved: The proposal of the NFT project Loot community on SnapShot to accept AGLD as Loot governance token has been approved. Among 2880 Loot participants, 52.07% voted in favor. The bill states that DAO funding, possible inflation and other proposals could be voted on if passed.
September 3, 2021
Adventure Gold started an airdrop to Loot NFT holders. Each Loot NFT holder can claim $4000 AGLDs, and each NFT can claim 10,000 AGLDs. At the peak of the AGLD market, the price reached $7, meaning that the airdrop received by NFT could sell for $70,000, or 1.4 bitcoins.
August 28, 2021
Loot was released on August 28, and the content is a random narrative document of 8 kinds of equipment. Within a few days, the transaction volume has reached 506,000 ETH (about 216 million US dollars). It even led the community to establish corresponding pictures, narrative or backstory according to the content of the document, and even attracted the attention of V God, a time of shock in the NFT world.