What is Army of Fortune Gem (AFG)?

Deep Dive

1. Purpose & value proposition

$AFG anchors AOFverse’s play-to-earn ecosystem:
- Governance: Token holders vote on proposals shaping game development and ecosystem policies (AOFverse).
- Utility: Required to purchase Treasure Chests (in-game loot boxes) and craft Demigod NFTs, with burn mechanics linking $AFG rewards to $AFC (in-game currency) destruction (Burn Guide).
- Earnings: Players earn $AFG through weekly reward pools tied to $AFC burns, with boosts from Fortune Founders Key NFTs (up to 100% per Legendary Key).

2. Tokenomics & governance

• Supply: Fixed 1B cap, with 38M self-reported circulating supply (3.8% of total).
• Distribution risks: 72.18% held by top 10 wallets, suggesting early-stage centralization (CMC data).
• Inflation controls: Weekly $AFG rewards are capped by ecosystem growth coefficients, and 50% of rewards are reserved for referral incentives to drive user acquisition.

3. Ecosystem & adoption

• Live product: Army of Tactics (auto-battler) is operational, while flagship game Army of Fortune targets a 2025 open beta.
• NFT integration: Demigod NFTs (craftable with $AFG) and Fortune Founders Keys (boosting rewards) create cross-asset synergies.
• Metrics: 827 holders as of August 2025, with 30-day trading volume up 2,828% to $4.12M – though price remains 92% below its 2024 high.

Conclusion

$AFG combines GameFi mechanics with a mobile-first metaverse vision, but its success hinges on delivering flagship titles and addressing supply concentration. Can AOFverse’s 2025 roadmap offset volatility risks from its thin liquidity and centralized holdings?