What is AAG?
AAG stands for Achip and Achair Global. It is a Web3 infrastructure company focused on providing software that helps simplify interactions with blockchain applications and the metaverse for mainstream users and traditional companies. AGG was formerly known as AAG Ventures. The AAG token is the utility token of the project. On the price chart above, you can find the current AAG price.
The AAG Play-To-Earn ecosystem provides a platform where players can earn AAG coins by interacting with the platform and other players.
The platform also has a Learn-To-Earn (L2E) platform that rewards users with AAG crypto tokens for learning about crypto and other skills. Scholars and independent course creators can produce educational content and teach them on the platform as well.
Another feature of the project is the MetaOne wallet. It is a payment management service aimed at making the AAG token the universal Play-To-Earn currency. It is a custodial wallet that eliminates the need for private keys, passphrases, or hardware wallets. It incorporates layers of built-in security by CYBAVO, LoginID, and Lossless. Additionally, it is interoperable with various centralized exchanges, decentralized exchanges, and fiat gateways to enable seamless conversions of in-game tokens.
Use Cases of AAG Tokens
The AAG token is an ERC-20 standard token that has several applications in the AAG ecosystem. These applications include being used in DAO governance, as a form of payment for services, as a universal currency for P2E games, for AAG staking activities, and much more.
For example, users can pay for guild management tools with the AAG token. All tokens paid for these services go back into the treasury for further development of the ecosystem.
Moreover, holders of AAG are given access to scholar pools.
Furthermore, they can also use AAG coins to buy and deploy NFT assets via smart contracts. These NFTs can generate yields when deployed into games.
Lastly, AAG token holders also have the right to vote for certain operations as well as be a part of the decision-making process within the AAG ecosystem. The voting power of a user is proportional to the number of tokens staked, as well as their level of participation in the DAO.
If you plan to purchase AAG crypto assets, make sure to check the live AAG price chart above. Knowing the current and the previous AAG price will help you to make better purchasing decisions.
Who Founded AAG?
AAG was founded in September 2021 by Jack Vinijtrongjit, a serial entrepreneur from Thailand. He is also an avid investor and a tech enthusiast with an extensive background in enterprise software architecture and development.
Other members of the team include Nelly Sutjiadi, co-founder and the chairwoman, Omar Moscoso, co-founder and the director of GameFi operations, and Jayson Casinillo, co-founder and the VP of gaming.
AAG Tokenomics
AAG has a total supply of 1 billion tokens. 41% were allocated to the community and ecosystem to reward user activities, with another 3% for liquidity. 10.5% and 2.75% were kept aside for private backers and public IDO respectively, and another 15% for Treasury, with 6.75% earmarked for partnership incentives. Lastly, the 18% allocated to the team and 3% to advisors are planned to be released to them in a carefully planned released schedule, to minimize huge sell-offs and reduce any inflationary occurrence that may affect the AAG price.
