This is an online distribution platform that works as an application store with functions supported by blockchain technology. Cryptocurrency, LOOT, allows the platform to become a revolutionary store for all games - from game, purchase, design. This is a unique 7 millionth social gaming platform, built on a block chain, with games supervised and developed by the community.
the point is that designers present their game ideas in a catalog on the platform screen. Their proposal page can include screenshots, demonstrations or frames from the game. Then, users offer Loot markers to sponsor promising projects that aroused their interest. In exchange for their cryptocoins, supporters receive a percentage of income from the upcoming title. Thus, the decentralized team produces games on democratic demand. Quite simple scheme of work.
Already after the final forex projects are completed, they bring in revenue, both to developers and supporters. Thus, independent artists cut costs, and players receive income from games that helped them. Users have the opportunity to play games, arrange game tournaments and earn money.
The Loot tray acts as a gateway for each reward resource on the platform. With the help of Loot, users can enter tournaments with a head incline, generate recurring income through games with focus, buy game incentives, bid on online auctions, earn extra revenue and eventually download games created solely for the platform. Loot will thrive, feed on an extensive utility for applications.
Here you are just playing your favorite game you can earn real money. For example: game tournaments are awarded with Loot token prizes. Average players battle online ranking systems in the end with hollow achievements. High thrills are reserved for professional players in inaccessible E-Sport brackets. With the help of Game Loot Network users experience real pleasure, which can only be experienced from their favorite games.
Together with the native LOOT cryptocurrency, the platform solves the systemic issues within the gaming industry. Users enter the application, create a login, and load the Game Loot Network™ lobby. The hub features three gateways :
Token sales will use soft and hard caps, with anti-dilution mechanism available to those who contribute under soft caps. This means that the original Sales Target (STC, or Soft Receipt Cap) will be set for private and public sales. However, if the STC is met, Game Loot Network ™ will allow additional sales of tokens up to the Maximum Sales Limit (MST or Hard Receipt Cap) achieved. Buyers who contribute under the STC will then be awarded a pro rata LOOT bonus for their contribution rate under the STC (anti-dilution bonus). This is done to provide certainty to initial LOOT buyers regarding the proportion of their contribution. STC is $ 50,000,020.00 and MSTC is $ 75,000,030.00.
Token Name LOOT
Holding company GLN Holdings, INC. (WY, USA)
SAFT Entity Loot Cove Co., LLC. (WY, US)
Public token sales agency Loot Cove Co. LTD (Mauritius)
LOOT Price USD $ 0.35 [or equivalent in ether]
Target sales of CAP (STC) US $ 50,000,000.00
The maximum sales target (MST) is US $ 75,000,000.00
Total supply of LOOT 600,000,000 LOOT
Token Supply CAP model Fixed, non-inflationary
Public sale duration opened May 29, 2018
Public sales duration is 230 days.
Website: https://gamelootnetwork.com/
Whitepaper:https://0ed5f89f718b.dev.daviann.com/assets/documents/gameloot-whitepaper.pdf
Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=3180001
Facebook: https://www.facebook.com/gamelootnetwork/
Twitter: https://twitter.com/gamelootnetwork
Media: https://medium.com/@gamelootnetwork
Telegram: https://t.me/gamelootnetwork_ico
Author: Gifar_Gofur
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2219401
ETH wallet address: 0x1570c92bF28ca3430C15Be7d3470c13dB6Bf4a72
