Last night, Dylan, the founder of Figma, who went public on Nasdaq and saw his stock price increase fivefold overnight, holds over 2.3 million $AGLD tokens, worth $1.76 million, making it the largest holding for this address. In addition, this address also holds Loot NFTs.
Doesn't Loot NFT feel like something from the last century?
The Loot NFT series, released by Dom Hoffman, consists of 8,000 tokens with no images or statistics, just a few words on a black background. Did anyone hold it early on?
Since I started researching blockchain games in 2022 until now, I still don't understand this project. The AGLD token represents a full-chain gaming layer2, initially launched as a public chain for the Loot NFT series, called Loot Chain. Later, Loot Chain was renamed Adventure Layer, and the AGLD token was introduced, which was already listed on Binance in 2021. Last November, it sprouted again and was listed on the Korean exchange Upbit. I took advantage of the hype from being listed on Upbit to buy a little and ended up losing money: I became a buyer at a high price again while others sold off.
Looking at the introduction on the official Twitter of Adventure Layer, AGLD is also a Layer2 project based on the Berachain bear chain. It seems like the bear chain later took over to enrich its own ecosystem. I know that Starknet has also spent money supporting several full-chain games based on Loot.
Full-chain games based on Loot, such as Loot Realm and Dark Forest, are public chain ecosystem projects supported by the Loot NFT/Adventure Layer public chain foundation, but they haven't really gained much traction; there are still few players. I still haven't figured out how this Loot NFT + AGLD token + other games logic actually works.
I just saw that on July 24, Dom Hoffman was selling his Loot NFTs to raise $500 million to create a Loot Treasury. The funds from the previous wave of NFT + public chain treasury should have been spent.
Does anyone have any gossip to add?
#LOOT #adventurelayer #Berachain #Figma