Loot

[Adventure Gold](https://www.coinlive.com/coin/adventure-gold) (AGLD) is the native [ERC-20](https://coinmarketcap.com/alexandria/glossary/erc-20) token of the [Loot](https://www.lootproject.com/) [non-fungible token](https://coinmarketcap.com/alexandria/glossary/non-fungible-token) (NFT) project. Loot is a text-based, randomized adventure gear generated and stored on-chain, created by social media network Vine co-founder Dom Hofmann. The project intentionally has no front-end interface, images, statistics or functionality. Instead, it is based on a set of 8,000 text-based NFTs open to how the community wants to interpret it. The NFTs contain texts of gears ranging from the “Holy Greaves of Giants” to the “Grim Shout.” As of Sept. 8, 2021, the floor price of Loot on OpenSea is 8.56 ETH. Numerous derivative projects are being built around Loot and can be found [here](https://www.lootproject.com/resources). Adventure Gold was launched on Sept. 2, 2021, and allowed each owner of a Loot NFT to claim 10,000 tokens for free. With the price of AGLD skyrocketing in the initial days of trading, this airdrop was worth as much as $70,000 per NFT. AGLD founder Will Papper claimed he wanted to set a standard for projects building on Loot by providing a currency for the decentralized gaming universe.