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A brand new altcoin that launched early this month is surging after receiving shock assist from Coinbase.
Journey Gold (AGLD), which is the native crypto asset of the open-source Loot Venture, is now live on Coinbase Professional.
The venture has launched “Loot Bag” non-fungible tokens (NFTs) which are basically textual content recordsdata containing eight phrases, resembling “Quick Sword,” “Plated Belt,” and “Titanium Ring.”
These phrases are designed to develop into digital “constructing blocks” for a yet-to-be-released online game, and anybody with a Loot bag can declare 10,000 AGLD – which may also develop into an in-game foreign money.
Coinbase says,
“Journey Gold is an Ethereum [ETH] token that was airdropped to homeowners of Loot Venture NFTs. Loot is a venture that generated randomized journey gear saved on-chain that may function the inspiration for video games constructed sooner or later.
AGLD can probably be used as an in-game foreign money for comparable video games and tasks finally constructed on high of the Loot Venture.”
The value of the crypto asset was round $2.91 simply earlier than the Coinbase announcement, which catapulted the altcoin to as excessive as $4.29, based on CoinGecko.
The AGLD itemizing is the most recent in a spate of altcoins added to the Coinbase platform in latest weeks.
CEO Brian Armstrong mentioned this summer season that the change was hustling to record as many altcoins as doable.
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Featured Picture: Shutterstock/Tithi Luadthong
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