Adventure Gold (AGLD) Price

AGLD

Buy

Before trading any crypto assets it is important to understand the risks. This overview summarizes certain risks associated with AGLD. 

No securities regulatory authority has expressed an opinion about AGLD, including an opinion that AGLD itself is not a security and/or derivative.    

Token Description & Project Background

Adventure Gold (AGLD) is the native governance token of the Loot NFT project. 

The NFTs were originally created by Don Hoffman, who is the creator of video-sharing app Vine. Loot NFTs are notable for their simplicity. They consist of a white text list of randomized “adventure gear” – weapons, equipment, armor, etc - pinned against a black background.

Loot NFTs place the onus directly on the owner to build and develop the text-based items however they see fit, Decrypt explained. The project describes itself as an “unfiltered, uncensorable building block for stories, experiences, games, and more, in the hands of the community, at no cost”.

AGLD launched on 2 September 2021 and allowed each Loot NFT owner to claim 10,000 tokens for free. 

AGLD holders vote on in-game storylines within the Loot ecosystem, as well as broader governance issues regarding the project.

The project was founded by Will Papper, who is also the co-founder of Syndicate DAO, a decentralized investment protocol. He is a Stanford graduate and a crypto-native having invested in Ethereum since the 2014 pre-sale. 

Risks of AGLD

Like an investment in other crypto assets, there are some general risks to investing in AGLD. These include: (i) volatility risk and liquidity risk, (ii) short history risk, (iii) demand risk, (iv) forking risk, (v) code defects, (vi) regulatory risk, (vii) electronic trading risk, and (viii) cyber security risk. For additional information of these and other general risks associated with crypto assets and Uphold’s platform, please refer to the Risks Specific to Holding Digital Assets statement.

In addition to these general risks, an investment in AGLD is subject to the following specific risks:

  • Any potential success associated with AGLD is dependent on its rate of adoption by users. Investors should be aware that a number of competing interactive NFT/gaming blockchain-based projects have entered the field since 2021.
  • Any potential success associated with AGLD is dependent on a number of external factors, such as the growth and increased adoption of the metaverse economy, and the continued popularity of NFTs as digital collectibles.

We emphasize that this Crypto Asset Statement is not an exhaustive description or summary of all risks associated with AGLD. Investors should conduct their own research and perform their own assessment before trading any crypto asset to determine the appropriate level of risk for their personal circumstances.

The AGLD community and founding team are not under any legal or regulatory obligation to disclose material information to the public regarding its activities. Holders of AGLD have no recourse to the AGLD community, its founding team, or Uphold if AGLD declines in value for any reason.

Changes to applicable law may adversely affect the use, transfer, exchange, or value of any of your crypto assets, and such changes may be sudden and without notice.

Uphold’s Evaluation Process

Prior to listing AGLD on the Uphold Platform, Uphold performed due diligence on AGLD and determined that AGLD is unlikely to be a security or derivative under relevant securities legislation. Uphold’s analysis including reviewing publicly available information on the following: 

  • The creation, governance, usage, and design of AGLD, including ensuring the source code being open-source, audited and peer reviewed, security, and roadmap for growth in the developer community. 
  • The supply, demand, maturity, utility, and liquidity of AGLD.
  • Marketing materials put forward by the AGLD social team including, Twitter, Medium blog, LinkedIn posts, Discord and Telegram channels.
  • Material technical risks associated with AGLD, including any code defects, security breaches and other threats concerning AGLD and its supporting blockchain (such as the susceptibility to hacking and impact of forking), or the practices and protocols that apply to them.
  • Legal and regulatory risks associated with AGLD, including any pending, potential, or prior civil, regulatory, criminal, or enforcement action relating to the issuance, distribution, or use of AGLD. 

General

Uphold has prepared this Crypto Asset Statement based on publicly available information. Although Uphold has taken steps to obtain information from apparently reliable sources, information contained in this Crypto Asset Statement may be inaccurate, incomplete or out-of-date. This overview is a starting point for you to perform your own research prior to investing in a crypto asset.

Uphold users should read the Risks Specific To Holding Digital Assets statement for additional discussion of general risks associated with crypto assets made available through the Uphold platform.  

Canadian residents, please note that Uphold has filed an application for registration in certain Canadian jurisdictions but has not yet obtained registration. Until such time as Uphold obtains registration, Uphold has agreed to abide by the terms of an undertaking available at the following link. Please also review the Uphold Canada – Crypto Risk Statement for additional discussion of general risks associated with the crypto assets made available through Uphold Platform. Please be aware that statutory rights of action for damages or rescission in section 130.1 of the Securities Act (Ontario) and, if applicable, similar statutory rights under securities legislation in the other provinces and territories of Canada do not apply in respect of this Crypto Asset Statement or other disclosures on the Uphold website and Risks Specific To Holding Digital Assets statement. 

Last updated on June 12, 2023.

How to buy Adventure Gold (AGLD)

With Uphold, you can buy digital currencies in just 11 clicks - even if you don’t have an account yet. 

Nothing could be easier.

Here’s how fast it is to get started:

1. Go to Uphold.com and click sign up.

2. Enter your email address and personal details. 

3. Click the link we send you and create a password

… and you’re off to the races!

Just start trading.

Get more coin for your coin

0% withdrawal fees

Low spreads

Learn more