Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows N/A.
Adventure Gold (AGLD) serves as the native ERC-20 token for the Loot non-fungible token (NFT) project. Loot, conceived by social media network Vine co-founder Dom Hofmann, is a text-based, randomized adventure gear generated and stored on-chain. Unlike conventional NFTs, Loot intentionally lacks a front-end interface, images, statistics, or predefined functionality. Instead, it comprises a collection of 8,000 text-based NFTs, inviting the community to interpret and utilize them creatively. The NFTs feature textual descriptions of various gears, spanning from the “Holy Greaves of Giants” to the “Grim Shout.” As of September 8, 2021, the minimum price for Loot on OpenSea stood at 8.56 ETH. A multitude of derivative projects are emerging around Loot, expanding its ecosystem. Adventure Gold was introduced on September 2, 2021, offering each owner of a Loot NFT the opportunity to claim 10,000 tokens free of charge. In the initial days of trading, the value of this airdrop surged dramatically, reaching up to $70,000 per NFT. Will Papper, the founder of AGLD, expressed his intention to establish a benchmark for projects leveraging Loot by introducing a currency tailored for the decentralized gaming realm.