GAME LOOT NETWORK: GAMING ON A DECENTRALIZED BLOCKCHAIN PLATFORM

INTRODUCTION

One significant part of the entertainment industry that has been of enormous contribution to the growth of the sector is the gaming sector. The marketing in the gaming sector has contributed to the growth of many companies. And video games are one of the major driving forces of the industry which is now available on mobile devices, portables devices, and gaming consoles. This development also comes with its challenges like high cost of marketing and the financial capacity of the developers to come up with high definition video games. Apart from the time investment needed for game development, sufficient capital is also required to make it a user’s friendly game. That is why an innovative blockchain based platform called GAME LOOT will be a form of decentralized support services that will help game developers in the process of coming up with new video games.

WHAT IS GAME LOOT NETWORK

The Game loot network (GLN) is a crowdfunding portal for game developers based on a blockchain technology. This allows them (game developers) to table their game design on the platform and the demonstration of the game. Then the users of the platform that are fascinated by the ides or model of the game will use Loot token to support such project. The Loot token is what will be utilized in the platform for exchange, supporting a gaming project and this can be bought with other digital currencies (ETH or BTC). In exchange for the Loot token used to finance the gaming project, they will get a percentage share of the gaming project that will be developed. That means that game loot offers multiple developers an incorporated crowdfunding portal, where they can get their game projects enough financial support required.

FEATURES OF GAMELOOT NETWORK

GOOD SOURCES OF CAPITAL: The platform offers developers a fantastic opportunity to have their games supported by the users of the platform. The platform allows the supporter to play the developers game and also have a percentage share of the game developed.
DECENTRALIZED CROWD FUNDING PLATFORM: The integrated crowdfunding platform makes this project an amazing one for all developers. The game developers will have to submit their game proposal or demo on the on the platform and have interested users support with their LOOT tokens.
ACTIVITIES REWARD: All operations on the platform will be tracked with smart contract ledger. The will allow your activities to be rewarded on the Game loot network platform.
BLOCKCHAIN ECOSYSTEM: the Loot will be utilized for supporting projects and rewards on the platform. The various users of the platform will be able to bid or download games on the platform with their Loot token.
INTEGRATED WALLET: The platform has an integrated wallet that allows easy withdraw and funding of listed gaming projects on the platform.

GAMELOOTPLATFORM USERS

· GAME DEVELOPERS: this is the individual developers that need financial support to bring their gaming model to the market. They present a model which will be supported by interested users of the platform.

· THE SIGHTSEERS: they are the users that play games for free on the game loot platform but are ineligible to enter the tournament.

· THE GROUND BREAKERS: These are the users that gain entry into the different tournament. They will be eligible to crowdfund certain percentage of the game developed.

LOOT TOKEN

The token used to support and crow funding a game project is called LOOT token, a blockchain compliance type of token. The token is specifically designed to be used as a reward for activities of the users of the game loot platform. The ICO price of the Loot is $0.35 per token. You can buy the Loot token with other digital currencies like ETH and BTC. Below is a diagram that explains how the token can be utilized on the platform.

TOKEN INFORMATION

TOKEN NAME: LOOT

PROTOCOL: ERC20

TYPE: UTILITY TOKEN

MAXIMUM SUPPLY: 600,000,000.00

THE COST: 1 LOOT = 0.35 $ USD

SOFTCAP: 50,000,000.00$ USD

HARD CAP: 75,000,000.00 $ USD

VOLUME: 600,000,000 LOOT

ROADMAP

TEAM

PARTNERS

CONCLUSION

The Game Loot Network (GLN) is a blockchain based platform that will solve the issues faced by developers in generating the required fund for their game development. The game developers will be required to submit a model which will be supported by the interested users of game loot platform. This is a blockchain platform that will decentralize the gaming platform.

For more information and participation visit;

Website: https://gamelootnetwork.com/

Ann Thread: https://bitcointalk.org/index.php?topic=3180001.0
Whitepaper: https://0ed5f89f718b.dev.daviann.com/assets/documents/gameloot-whitepaper.pdf
Twitter: https://twitter.com/gamelootnetwork
Facebook: https://www.facebook.com/gamelootnetwork/
Telrgram: https://t.me/gamelootnetwork_ico

Bitcointalk Username: Bountyfit

Telegram:@odunayoipaye