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AGLD DAO will release Loot Chain soon
Adventure Gold (AGLD) DAO announced the upcoming launch of Loot Chain, a dedicated Layer 2 network (Layer2) based on the development of the Loot community. This development is an important step in uniting the Loot community and reviving the Lootverse. The AGLD DAO is built to serve its ultimate mission: to inspire the Lootverse. Loot Chain solves the challenges of gas fee and autonomy in the ecology, so as to better achieve the mission of AGLD DAO.
**Why build a chain for the Loot community? **
Gas fee and autonomy
Like other communities in the NFT space, the Loot community has struggled with issues posed by high gas fees on the Ethereum network. For Lootverse NFT holders, gas fees have become a significant barrier to participation. Loot Chain aims to alleviate this problem by providing a more cost-effective execution environment for transactions.
The inspiration for Loot Chain originated from the recognition of the Ethereum network, that is, the realization that Ethereum's own layer 1 network (Layer1) is not the best place for the development of Lootverse. Ethereum's high Gas fee limits the growth of Lootverse, especially for users who hold cheaper NFTs, the transfer cost often exceeds the return, making participation in Lootverse less attractive.
In addition, some Lootverse projects have already left Ethereum and are seeking broader development space. However, these chains are not Loot-centric and limited to their own roadmaps. The Loot Chain will provide autonomy to the Lootverse and consider the development needs of the Lootverse a priority.
Not the first chain of the NFT community
The concept of an NFT community-specific chain is not new. For example, Axie Infinity launched its own Ethereum sidechain, Ronin, to solve a similar problem. As stated in their announcement (stated), high gas fees on Ethereum limited their growth and user experience. Loot Chain aims to solve similar deficiencies for the Loot community, providing a more efficient and cost-effective way for transactions and development environment.
***Loot Chain: Builders Home ***
Loot Chain aims to be a home for Lootverse builders. It will be the go-to place to build new games, tools, and even autonomous worlds in the Lootverse. Whether authoring or developing, no one needs to look elsewhere for the toolkit they need.
Loot Chain will provide an execution environment for Lootverse games, enabling developers to operate games on Loot Chain with the advantage of low Gas fees. They can run in-game assets such as tokens or NFTs on the Loot Chain, and even run the entire logic and state of the game on the Loot Chain.
**What is the Loot Chain like? **
Loot Chain is a Layer2 supporting EVM, built by Caldera using OP Stack. Based on the wide distribution and liquidity of AGLD in and out of the Loot community, AGLD will also be used as a Gas fee in this network. The chain also uses Polygon as the data layer (DA Layer), which significantly reduces the construction, deployment and operation costs of Loot Chain.
Loot Chain aims to provide a low-consumption, high-speed environment for transactions, and we will achieve this by cooperating with an experienced RaaS team - Caldera ([. While maintaining the EVM development environment, the chain will support instant block generation , which is a major upgrade for the full-chain game that the Loot community has been keen on.
In addition, Loot Chain is upgradeable, ensuring that it can always adapt to the needs of Loot community developers, such flexibility is crucial in the fast-growing blockchain industry. Most importantly, this is the Loot community's own chain, managed by the Loot and AGLD communities, and will no longer be bound by other factors, this is their own home.
Future Roadmap
The future of Loot Chain is worth looking forward to. When this article was published, AGLD also released a number of NFT and game demos based on the chain. In the near future, developer toolkits and other supporting products will also be released. These toolkits will provide developers with the necessary resources to create and develop in the Lootverse. The ecological subsidy and pledge incentive plan for the AGLD community will also be released soon to further promote the growth and development of the ecosystem.
As the community advances, AGLD said it will continue to listen to community feedback and make necessary adjustments to ensure that Loot Chain effectively achieves the community vision. AGLD is committed to making Loot Chain a powerful and efficient platform to promote innovation and creativity in the Lootverse.
AGLD also welcomes creators and developers in various fields to join and jointly build a new home for the Loot community. The spirit of Loot lives on forever, and the Lootverse lives forever!