Cryptocurrency exchange Binance has announced that it will list Adventure Gold (AGLD) in the “Innovation Zone” this afternoon.
The exchange will open trading for the pairs AGLD/BNB, AGLD/BTC, AGLD/BUSD and AGLD/USDT at 14:00 on October 5 (Vietnam time), the announcement said.
What is Adventure Gold (AGLD)?
Adventure Gold (AGLD) is the native ERC-20 token of the Loot NFT project. Loot is a random, text-based adventure device that is generated and stored on a chain. The project intentionally has no interface, visuals, stats or front-end functionality. Instead, it is based on a collection of 8,000 NFTs of open text for how the community interprets it the way it wants.
Adventure Gold was launched on September 2, 2021 and allows each Loot NFT holder to claim 10,000 tokens for free. With the price of AGLD skyrocketing in the early days of trading, this airdrop is worth $70,000 per NFT.
Adventure Gold was founded by Will Papper, who is also the co-founder of Syndicate DAO, a decentralized investment protocol. He created Adventure Gold as a response to Vitalik Buterin supporting the Loot project and encouraging others to build on it. Papper launched Adventure Gold the day after Vitalik Buterin endorsed Vitalik Buterin by writing most of the code in four hours at a small Oregon airport.
Adventure Gold follows the approach that the underlying Loot NFT has taken, by building the Loot community as a form of endorsement. While Loot’s simplicity and uniqueness has inspired the Web3 community to come up with many derivative projects based on its code, Adventure Gold itself is geared towards being used as a governance token. and let users vote or use as Loot currency.
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Qin Shi Huang
According to AZCoin News
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