GAME LOOT NETWORK (ICO): Decentralized platform for financing video game developers
Every day in the real world, thousands of video game developers are frustrated by their dreams of launching their own great video game due to a lack of contacts or funding. On the other hand, gamers, mostly when playing any type of video game, are not benefited in any way, all the achievements they achieve in such games are only virtual and have no real life reach.
That's why, friends, I want to introduce you to this great project, which I think has a great opportunity to grow, and which is called Game Loot Network or GLN, which gives game developers the opportunity to present their fantastic projects on a decentralized platform, in which fans or gamers have the option to vote for such projects through a cryptomoney that develops the platform, which will generate funding from the gamers to the developers to start these game projects. Now, gamers or fans will be rewarded with a percentage of all the income generated by that game they supported, so tomorrow you may be the person who will invest in the next boom in video games and generate income from another world, so I invite you to read more about this interesting project.
What is GLN?
Game Loot Network ("GLN") is a project which seeks to develop a game platform and ecosystem in which programmers have the opportunity to showcase and develop games in collaboration with their fans. A global affiliate marketing program provides the ecosystem with partners encouraged to play games, participate with developers and become fans.
Characteristics of the GLN platform
All games on the platform use our token, LOOT. Which is a play currency with real value. This platform will end hollow high scores and empty achievements; your virtual triumphs have real-life value.
Empowerment of independent artists
Just like Kickstarter specifically for games, developers submit their game ideas to a catalog within the platform. That users then use LOOT to promote and fund promising projects, giving designers a development budget. In exchange for their tokens, investors receive a percentage of revenue generation from the next title.
Generate recurring income
Once user-sponsored games are completed, they generate revenue for developers and sponsors. Independent artists cut costs and players earn income from the games they helped shape. You could own a percentage of the industry's next global success rate.
Game tournaments
There will be regular competitions on the platform where LOOT prizes and electronic products will be awarded. The eyebrow sweating contest, typically reserved for professionals, becomes accessible to everyone.
A stabilized domestic economy
Our game currency allows all reward resources on the platform. With LOOT, users can participate in tournaments, sponsor independent games, purchase upgrades and improvements, bid on online auctions, earn additional revenue and more. LOOT will prosper, nurtured by an extensive in-app utility, away from volatile cryptographic space.
GLN generates revenue by offering the following:
A monthly subscription of US$10 to your platform. While members are able to play for free, there is also the possibility to subscribe to become a Premium member and gain access to the attractive features and benefits of the platform;
One affiliate subscription for US$125 per month. In this case, users who opt for monthly membership have access to marketing tools that will help them manage their referrals and social connections. They earn commissions when referrals become paid GLN members;
The sale of LOOT;
A margin on sales of products offered to members through auctions (i.e. in the battle bidding module of the GLN platform).
About the Token: LOOT
Cryptocurrencies are digital coins interchangeable by fiat, or by any currency issued by the respective governments. Crypto-currencies allow entities, such as GLN, to pay a global community instantly without fighting commissions and the time involved in exchanging currencies.
To reward the commitment of users, Game Loot NetworkTM has created its own utility,'LOOT'. This currency allows for specific interactions on the Net to initiate crypto-currency assignments. The Blockchain network tracks these commitments and rewards LOOT users who complete meritorious actions such as winning a gaming tournament or inviting a friend.
Token Features
Token: LOOT
Platform: Ethereum
Token Price: 0.35 USD
Token supply: 600,000,000,000 LOOT
Soft cap: 50,000,000 USD
Hard cap: 75,000,000 USD
Accepting: ETH, BTC, FIAT
Restricted countries: No restrictions
Know your customer: Yes, I do
Whitelist: Yes
Road Map
February 2018
- The utility token,'LOOT', becomes the cryptocurrency game of LOOT Land.
March 1, 2018
- Game Loot Network™ launches PRIVATE SALE for its global ICO to accredited investors.
May 29, 2018
- Game Loot Network™ launches PUBLIC SALE for its global ICO.
August 1, 2018
- Launch of GLN 1.0, a virtual world built on the block chain. Players can travel to places within the fantasy environment and interact with revolutionary features of the game. The games are available within the platform for download. Cryptocurrency combined with intelligent contracts allow for real life rewards.
September 1, 2018
- The platform's arcade region, Arcade Town, hosts integrated games and competitive tournaments. Tourney winners receive real-world prizes.
October 1, 2018
- The GLN Battle Bidding Arena, home to integrated games and competitive tournaments, opens. Tourney winners receive real-world prizes.
November 1, 2018
The Game Forge opens and will present a list of game projects submitted by the developers. Users can select any of these projects and submit their LOOT tokens to provide developers with a design and marketing budget. When monetized, these games will generate recurring revenue for developers and any user who has submitted tokens.
February 1, 2019
- The GLN Battle Bidding Arena is beta-tested with Crowd Machine to transition to a decentralized battle bidding platform. Launch planned for the second quarter of 2019.
2019
- Throughout 2019, great emphasis will be placed on the growth of the developer community and the user community. This emphasis will include global outreach to the community of independent game developers and large-scale promotions for the user community to develop their social networks within the LOOT Land ecosystem.
2020 Q1
- The decentralized Arcade Town gaming store is beta-tested with Crowd Machine.
2020 Q3
- The virtual world of GLN block chains 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 revenue is shared between the original sponsors and the game developers.
2020
- The virtual world of GLN block chains is expanding to incorporate new cities with new features. Developers bypass the guardians of publishing and launch fully-funded games to the incentivized audience of Arcade Town. RV and RA additions are implemented so that users can actually live, win, win and play.
2021
- The Game Forge produces a wide variety of successful games and they are purchased through Arcade Town. The titles offer a competitive game with the LOOT prize pools of chips, the achievements reward LOOT, and the cryptocurrency of LOOT Land supports a vast network of third-party economies.
The GLN team
Douglas A. Kinney - EXECUTIVE OFFICIAL CHIEF
Lance Baker - PRESIDENT AND FOUNDER
Patrick Baggette - CFO/ COUNSEL GENERAL
Scott Simpson - BOSS STRATEGY DIRECTOR
Rick Mcmullin - Chief Technical Officer
Paul Winterhalder - BOSS DEVELOPMENT OFFICIAL
Hayd Snape - OFFICIAL MARKETING MANAGER
Adam Richard - BLOCKCHAIN GLOBAL DEVELOPMENT MANAGER
Adam Singer - CREATIVE DIRECTOR
James Duchenne - BLOCKCHAIN & TOKENIZED COMPANY ADVISER
Max Bashmakov - BRAND, MARKETING and CREATIVE ADVISER
Camden Dore - ECOSYSTEM ECONOMIC ADVISER
Vlad Vasylchuk - BUSINESS DEVELOPMENT CONSULTANT IN UKRAINE
Ratko Stambolija - BOUNTY ADVISER
Links of interest
Web Site: https://gamelootnetwork.com/
Whitepaper: https://0ed5f89f718b.dev.daviann.com/assets/documents/gameloot-whitepaper.pdf
Twitter: https://twitter.com/gamelootnetwork
Telegram: https://t.me/gamelootnetwork_ico
AUTHOR
Bitcointalk username: Cjota
Profile: https://bitcointalk.org/index.php?action=profile;u=1640898
Myetherwallet: 0x90b07af0aAA4A705bCC441c2B1D0B581F42bcDB4