GAMELOOT NETWORK FOR GAMING

Today I will discuss about the development of Cryptocurrency world which has increased significantly in recent years, with various types of Crypto, platform or application in circulation. Many ICOs will come every day, but there are some with good ideas and also some with useless ideas, few have great ideas. Now I want to talk about ICO with a good idea that is GAMELOOT as a game online platform. Let's see below:

Many companies design game concepts without feedback from future player bases that lead to unwanted creations and frustrating features. Companies rely on players for beta testing, customer acquisition, and game curation, but they rarely share rewards beyond the in-app improvements or early access to the anticipated content. Therefore we are here to give artists the resources to create games that they can imagine and reward the players who fill the virtual world in the gaming world.

Unfortunately, the pull of this evolution has catalyzed some of the problems in the industry. Particularly in the field of mobile games, centralized platforms such as apps and the Google Play Store monopolize participant's market share. Regardless of exclusion exclusions, mobile games outside of this platform have trouble gathering a user base. In this overpopulated platform, indie developers lack the budget to compete with the giant companies. The cost of design and marketing campaigns, required to start a successful game, often prevents developers from communicating their vision; Ideas fail regardless of their reward.

While players do not have to struggle to find the game, their role in the market plays an unappreciated role. Companies rely on players for beta testing, customer acquisition, and game curiosity. But they rarely share their appreciation for improved apps or early access to expected content. And even though the user is a clear target audience for the game, their wish is barely visible in the blueprint development phase; The company designed the game concept without feedback from their future player base. This leads to unwanted creations and frustrating traits.

What is a Loot Network Game?

Game Loot Network provides an online platform with user-rated games and game resources. With blockchain technology at its core, it will disrupt the online gaming industry.

Again, the online Loot Network Game distribution platform works like an app store, but with more features and Cryptocurrency combined with blockchain technology. The original Lpt Network cryptocoin game Loot Token allows the platform to be a one stop revolutionary store for all Gaming.

Vision

Loot Network games offer functional products, playable games on their platforms, and have undergone extensive beta testing. Now with the introduction of cryptocurrency, the LOOT position bothers and forever changed the gaming industry.

Mission

our goal is to create a unique game ecosystem, where both developers and players can enjoy many benefits and support each other in a way that has not been seen until now.

Reimagined Game

This platform solves a systemic problem in the gaming industry. The user enters the app, creates a login, and loads the Loot Network Game lobby. This hub has three gates:

Build

Funds and resources for game developers

Publishing Decentralized

The platform is changing game publications with an integrated crowdfunding portal. Indie designers submit their game idea to a catalog in this screen. Their proposal page may include screenshots, demos, or gameplay recordings. Users offer Loot token to sponsor promising projects. Instead of their cryptocoins, supporters receive a percentage of revenue generating from the upcoming titles. A collective is decentralized to produce the game through democratic demands.

Generate Repeat Income

When crowdfunded creations finish they generate revenue for developers and supporters. Independent artists reduce costs, and players earn income from games they help shape. Imagine having a percentage of the next global industry hit.

Play

Curated and publishing game users decentralized

Smart Contract Prizes

An open ledger tracks user engagement with the platform. From design to gameplay, no digital victories are unappreciated.

Gaming Tournaments

The sweaty competition normally reserved for professionals becomes accessible to everyone. Tourney winners receive a set of Loot prizes or electronics that are in demand.

Generate

Recurring revenue for designers and players

Crypto Ecosystem

Loot Token acts as a gateway to every gift resource on the platform. With Loot, users can enter head-to-head tournaments, generate recurring income through crowdfunding games, purchase in-game improvements, bid on online auctions, earn additional revenue, and ultimately download games created specifically for the platform. Loot will evolve, maintained with utility in wide application.

Main feature

Game Embedded in platform

Download Game

A real life gift with cryptocurrency

Crowfunding incentive for games in development

Gift

User achievement

The referral system generates revenue

Game tournaments with real-life gifts for non-professional players

Competitive competitive bidding for discounted gaming devices

Social Features

Rating curated game

An intuitive friend's system

Game Blockchain

Integrated crypto wallet connected to the platform

Monetization award cryptocurrency game for developers and crowdfunders

A digital currency that allows connected games to offer real-life value

Token Sales Structure

Token sales will use soft and hard caps, with anti-dilution mechanism available to those who contribute under soft hats. 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 Receipter) reached.

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.

Token Details

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