Adventure Gold (AGLD) is the incentivization token for the Lootverse. Launched through a fair airdrop, 10,000 AGLD was free to claim per OG Loot. Previously regarded by many as the governance token for Loot, AGLD will now power the Loot Chain and enable an ecosystem of Fully On Chain Games and Autonomous Worlds to grow on top of it.
In addition, the community has come up with a brand new token economics design that aims to incentivise adoption of Loot instead of governing it. Mild inflation instead of a fixed supply is implemented and the rewards will be distributed to Lootverse NFTs that are non-custodially staked.
The core value of AGLD is supported by Lootverse’s community attention. By incentivising user & assets engagements in the Lootverse, AGLD grows the Lootverse in a healthy and sustainable way.