Get to know AGLD Coin, NFT-Based Crypto

Liputan6.com, Jakarta Adventure Gold is a relative newcomer to the crypto space, even by the standards of many NFT-based entities. The platform was launched on September 2, 2021. AGLD Coin is an Ethereum-based token built according to the ERC-20 standard.

According to Coinmarketcap, Adventure Gold was created with the hope of creating an interesting and quite innovative way for users to interact with NFTs in the game world.

To achieve this ambition, Adventure Gold partners with the Loot Project, building multiple technologies and platforms. When AGLD Coin was first released, every Loot NFT Project owner was allowed to claim 10,000 AGLD for free.

This in turn allows Adventure Gold to build on a pre-existing platform with a strong community, and provide a much needed perceived value to the coin itself.

Who’s Behind Adventure Gold?

Will Papper founded Adventure Gold, and co-founded Syndicate Protocol, a decentralized autonomous organization (DAO).

Taking computer programming seriously at the age of 13, Papper was only 14 when he co-founded his first online venture, which grew to 5,000 users fairly quickly.

Emboldened by this success, Papper doubled down on his studies, majoring in Philosophy-Neuro-Psychology and Computer Science at the University of Washington in St. Louis. Louis, before moving on to Stanford to major in Philosophy.

Building on his strong understanding of complex systems, he soon moved on to more personally profitable projects, starting work on Project AGLD/Loot in early 2021. Papper is currently trying his hand at starting various tech startups and is heavily involved in the cryptocurrency community.

How Can AGLD Be Used?

Currently, the use of AGLD is not clearly defined, other than as another form of tradable cryptocurrency.

It’s thought the use of AGLD is intended to be tied to the Metaverse in some way, possibly for use as in-game currency for shared digital spaces, such as Minecraft or Dungeons and Dragons-style settings.

It can also be a unique form of NFT fractionalization, in which players can break down their digital items into a number of “gold coins”, represented by AGLD, which can be spent within the game’s economy. However, this remains to be seen, as the platform itself does not have a dedicated developer or built-in utility for its native tokens.

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