Hai good people, here i would like to introduce a new product from GAME LOOT NETWORK (GLN) hope you enjoy this explanation.
Game Loot Network is supposed to aid developers and gamers by creating a virtual platform that is supposed to reward players with real-value. In addition to this, it facilitates “any-budget” game design.
To our great regret, the modern world works so much that the whole emphasis is on the production of services and goods in large numbers, but not of good enough quality. It can be attributed to any sphere, including the gaming industry. Today there are a lot of developments, in fact, talented and very interesting, but which do not receive enough attention and funding. Therefore it is very insulting that such a volume of standing works simply go into oblivion.
Back when gaming had just started, no one could have predicted its current state. Nobody could have predicted that the video game industry would become a multibillion-dollar industry. From pixelated side-scrollers to digital odysseys through immersive lands, the evolution of video games over the years has been rapid. And more games exist today than ever before.
With this evolution came a problem, specifically in mobile gaming where centralized platforms like iOS App store and Google Play have monopolized the lion share of the market’s audience. How does Game Loot Network fit into this?
GAME LOOT NETWORK PLATFORM
Using the LOOT cryptocoin, the platform intends to solve some systematic issues within the gaming world. You can download the application, create a login, and load the Game Loot Network lobby. There are three gateways that will be offered by the hub.
• Build
• Play
• Earn
Build
Developers and users can access a crowdfunding catalog through this portal. Game designers get the opportunity to submit their game ideas which include screenshots, gameplay footage or demo. Investors can offer loot tokens to support a project. In return, the backers will receive a specified percentage of the revenue from the upcoming game.
Consequently, developers design games at a reduced cost and gain an incentive ground floor.
Token Loot acts as the currency for reward on the platform. With the help of Loot, platform users will have the opportunity to enter the tournaments with a head incline, generate recurring income through games with focus, buy game incentives, bid on online auctions, receive additional revenue and eventually download games created solely for the platform. Loot will thrive, feed on an extensive utility for applications.
Conditionally marketing can be broken down into 3 points:
Registration in the Game Loot Network. The registration fee is 125 dollars. For this you get some “tools for work” and the title of Ambasador (as GLN calls partners).
Invitation of 3 people to the company. Once your referral link is registered with 3 people, you will receive $ 250 commission.
Passive income from the Game Loot Network. After completing the first two points, you receive a passive income of $ 5 per day.
In the “Earn” section, you can find many sources of income.
Here you are just playing your favorite game you can earn real money. For example: game tournaments are awarded with Loot token prizes. Average players battle online ranking systems in the end with hollow achievements. High thrills are reserved for professional players in inaccessible E-Sport brackets. With the help of Game Loot Network users experience real pleasure, which can only be experienced from their favorite games.
Token Sale Structure
The token sale is expected to use a hard and soft cap. It is also supposed to include an anti-dilution mechanism which will be available to individuals that contribute under the soft cap. What does this imply, you ask?
It means that an original Sales Target Cap will be set for the public and private sale. But if this cap is met, Game Loot Network will enable additional token sale till the Maximum Sales Target Cap is reached.
Now that we have covered that part, the STC is $50,000,020.00 and the MSTC is $75,000,030.00. The ticker name will be “LOOT” and the holding company is GLN Holdings, INC (WY, USA). The token is expected to be sold for $0.35 per LOOT and the total LOOT supply is 600.000.000 LOOT.
In case you are wondering, the Token supply model is fixed CAP and non-inflationary and the public sale duration opens on May 29, 2018. However, it is expected to end within 230 days after it started. According to the whitepaper, there are discounts and bonus to be enjoyed when a user participates in either the private sale or the public sale.
Name of the token – LOOT
The cost of the token is 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.
ROAD MAP
THE TEAM
and here there are the team and this will be the end of my explanation thank you for reading my explanation about GAME LOOT NETWORK project. Hope you guys enjoy reading my explanation. see you soon at my next project and if you like to know more about GAME LOOT NETWORK can visit link in this bellow
Website: https://gamelootnetwork.com/
VTT: https://bitcointalk.org/index.php?topic=3180001.0
Bounty VTT: https://bitcointalk.org/index.php?topic=3173274.0
Whitepaper: https://0ed5f89f718b.dev.daviann.com/assets/documents/gameloot-whitepaper.pdf
Facebook: https://www.facebook.com/gamelootnetwork/
Twitter: https://twitter.com/gamelootnetwork/
Reddit: https://reddit.com/
Medium: https://medium.com/@gamelootnetwork/
Slack: https://gamelootnetwork.slack.com/
Telegram: https://t.me/gamelootnetwork/
Author : dy1
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1756823
Eth : 0xC5494be85820b93DEF603Daf678a2a9b6f40bc85