Community Salam, here I will explain about gameloot project, and here is the discussion:
Mission Statement
Loot Network ™ games will fight for game developers and players by creating virtual platforms that reward players with real value and facilitate 'any-budget' game design.
Our philosophy
We want to give artists the resources to create games that they imagine and appreciate players who fill their virtual worlds.
The Loot Network ™ game will democratize the gameplay experience, allowing developers to create and achieve success regardless of gatekeepers or budget constraints. We want to vote to gamers in the early stages of the design so that the games they create are what people want to play.
Video offers rich narration and interactive experience unmatched by other media. Space gives birth to creativity and innovation, but budgetary constraints, arrogant publishers, and marketing materials put aside creativity. We want to turn the industry into a meritocracy where visionaries thrive even if they, at first, do not have big budgets.
Reimagined Game
Loot Network's online distribution platform works like an app store, with features enabled by blockchain technology. Cryptocurrency, LOOT, allows the platform to become a one stop revolutionary shop for all games - from playing, buying, to designing.
Introducing Loot Network Game
The $ 7 million social-game platform built in blockchain, with games that are curated and designed by the community. And supported by a game development partner whose creation garnered more than 100 million downloads
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 on this screen. Their proposal page may include screenshots, demos, or gameplay recordings. The user offers a Loot token to sponsor a promising project. Instead of their cryptocoins, proponents receive a percentage of earning income from an upcoming title. A collective is decentralized to produce the game through democratic demands.
Generate Repeat Income
When the crowdfunded creations are finished 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 interesting electronic items.
Produce
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.
A Ripe of Industry for Disorders
Projection for Global Gaming Market 2016-2020
With over $ 100 billion in sales throughout 2017, the mobile games rank among the fastest growing markets in the world.
- Box / Downloaded PC
- PC Browser
- Entertaining
- Tablet
- Smartphone
Loot Token Sale Timeline
Better on the ground floor. Initial buyers receive Loot bonus:
Token Sales Structure
Sales Token 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 agent 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
- The duration of public sale is 230 days.
Distribution of Results
Conclusion
Token LOOT acts as a utilitarian cryptocurrency of a living ecosystem. The use case supports every aspect of the GLN economy. Gamers will buy in-game improvements, developers will fund a passionate project, and crypto fans can withstand tokens with actual utilities.
Vision Game Loot Network ™ manifests more than words on paper; it's trying to get an idea in the roadmap. GLN offers functional products, games that can be played on their platforms, and has undergone extensive beta testing. Now with the introduction of cryptocurrency, the LOOT position bothers and forever changed the gaming industry.
To find relevant details about gameloot at this time, please follow some resources for the following References:
WEBSITE || BLOG || ANN || WHITEPAPER || FACEBOOK || TWITTER || TELEGRAM ||
AUTHOR: Gibsoun
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