GAME LOOT - GAMING INDUSTRY POWERED BY BLOCKCHAIN.

Right from the beginning of human existence, playing games has been one of the most engaged activities. It began with games made from primitive materials Proceeding with the likes of tetris and sega games until we have full video games on pc and consoles.

Some may think that playing game is a waste of time. yet for me and a large number of individuals around the globe, there is no better utilization of your extra time. Gaming allows you (basically) encounter things that you would never do, in actuality. Want you fight aliens and save the day? No problem. Want to re-live historical events? You got it. Want to compete in front of thousands of people for championships and prize money? E-sports has what you are looking for. You can even do all of these things while riding the bus now thanks to mobile technology.

In this article, I’m introducing you to a blockchain Gaming platform which will provide solutions and innovation to the entire gaming industry.

Game Loot Network 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.

Game Loot Network (GLN) is an up and coming cryptocurrency project operating the Ethereum blockchain. In the mobile gaming industry, Google Play and the App Store are essentially gatekeepers on what gets attention. Their goal is democratize the gaming industry and give the power of choice back the consumers. LOOT tokens are the gas that makes the whole machine run. LOOT can be used in a number of different ways including tournament entrance fees, game purchases, developer funding, and in game boosts and bonuses. GLN’s tagline includes three main points: Build, Play, Earn.

users of the GLN platform have the ability to help funding independent games that they believe in. They would supply the developer will LOOT tokens and in exchange, they would receive a share of the future earning from that game. With this system, games that have a lot of support will receive the funding they need to be successful.

TOKEN SPECIFICATIONS

Token name: LOOT

Token price: 0.35 $ USD

Soft cap: 50,000,000.00 $ USD

Hard cap: 75,000,000.00 $ USD

Total volume of issued tokens - 600,000,000 LOOT

Public sale starts on May 29, 2018 and will last 230 days

THE ROAD MAP

• February 2018

The utility token, ‘LOOT’, becomes the gaming cryptocurrency of LOOT Land.

• March 1st, 2018

Game Loot Network™ launches the PRIVATE SALE for their global ICO to accredited investors.

• May 29th, 2018

Game Loot Network™ launches the PUBLIC SALE for their global ICO.

• August 1st, 2018

GLN’s 1.0, a virtual world built on the blockchain, is released. Players can travel to locations within the fantasy environment and interact with revolutionary game features. Games are available within the platform for download. Cryptocurrency combined with smart contracts allow for real-life rewards.

• September 1st, 2018

The platform’s arcade region, Arcade Town, hosts embedded games and competitive tournaments. Tourney victors receive real-world prizes.

• October 1st, 2018

GLN’s Battle Bidding Arena open, hosts embedded games and competitive tournaments. Tourney victors receive real-world prizes.

• November 1st, 2018

The Game Forge opens and will feature a list of game projects submitted by developers. Users can select from any of these projects and submit their LOOT tokens to provide developers with a design and marketing budget. When monetized, those games will generate recurring revenue for the developers and any user who submitted tokens.

• February 1st, 2019

GLN’s Battle Bidding Arena undergoes beta testing with Crowd Machine to transition to a decentralized battle bidding platform. Expected launch in the second quarter of 2019.

• 2019

Throughout 2019, a huge emphasis will be placed on growing the developer community and the user community. This emphasis will include global outreach to the independent game developer community and large scale promotions for the user community to grow their social networks inside the LOOT Land ecosystem.

• 2020 Q1

Arcade Town’s decentralized Game Store undergoes beta testing with Crowd Machine.

• 2020 Q3

GLN’s virtual blockchain world becomes a decentralized mecca for game developers and players. Blockbuster titles are built in The Game Forge and released through Arcade Town. Users purchase and download games with LOOT tokens and the revenue splits between the original sponsors and game de

• 2020

GLN’s virtual blockchain world expands to incorporate new towns with fresh features. Developers circumvent publishing gatekeepers and release fully-funded games to Arcade Town’s incentivized audience. VR and AR additions are implemented so users can truly live, win, earn, and play.

• 2021

An array of smash hit games are produced in The Game Forge and purchased through Arcade Town. Titles offer competitive play with LOOT token prize pools, achievements reward LOOT, and the LOOT Land cryptocurrency underpins a vast network of third-party economies.

THE TEAM MEMBERS