The world is constantly evolving and so has the gaming industry. Games and gaming experience is no longer what it used to be. In today's world, games can now be played online, showing ease of accessibility. Also, the gaming sphere is now much developed that people can now earn from their gaming activities. In fact, a forward look at the statistics of the gaming market world over shows that, in the coming years, the gaming market will progressively experience a boom. This in part will be due to further technological development that will bring increased fun and joy to gamers all over the world. However, with this growth in the gaming industry, comes a challenge. The challenge is one that takes the shine off the efforts of game developers and also doesn’t reward gamers for their feedback. Centralized game market hubs like the App Store and Google Play limit the output of a developed game as once they are listed on these platforms, the cost of advertising these games are a rip off. Also, game developers often like to test the Beta version of their games by giving users a brief experience of it, for their feedback. However, these developers do not reward their game testers with any incentive for their feedback. At best, at a later time, they only upgrade the game apps which also benefit them more than it does the gamer. Consequently, this discourages game players and, most importantly hampers the strength of game developers. The strength of corporate establishments like the two prior listed makes it difficult for game developers to rival them as they obviously lack the financial power to do so. These challenges make a solution more of a necessity and the solution has to be one that benefits the entire gaming world. To this end, the GAME LOOT Network has been developed. The Game Loot Network is a virtual platform that rewards gamers with substantial value for their effort via its crowdfunding portal based on blockchain technology, as well as facilitates the budget of game developers so that they are able to be competitive and achieving. On the screen of this novel platform, game developers can list their game ideas in a catalog, from which, if deemed promising, can be sponsored to ensure the idea becomes a success as well as competitive. The GAME LOOT platform will help game developers to independently and cost effectively develop their games thereby warding off any seeming challenge and, will also ensure that gamers receive income from their gaming activities via the LOOT utility token. Essentially, this novel platform is one that enables gamers to reclaim the gaming sphere as it accounts for game developers, sightseers, emissaries, curators, etc. The GAME LOOT platform is one that is very unique. It is important to know that the Game Loot Network works like an app store for games, yet has much more to offer. I, urge you, to visit the Game Loot whitepaper for more details on this project https://gamelootnetwork.com/assets/documents/gameloot-whitepaper.pdf .
FEATURES OF THE GAME LOOT NETWORK
The Game Loot Network has features that are centered on 3 things:
• Build – game developers and users can access a crowdfunding catalog.
• Play – gamers can play games or download curated titles via this decentralized app store.
• Earn – A feature that offers various tools for generating revenue which include: Competitive tournaments, Referral system, Battle bidding, LOOT store.
Token Name: LOOT
Issuer: LOOT COVE CO. LTD (GBC1, MAURITIUS) LOOT COVE CO., LLC (WY)
Saft Entity: LOOT COVE CO., LLC (WY)
Holding Entity: GLN HOLDINGS, INC. (WY)
Total Tokens: 600,000,000 LOOT (8 decimal places)
Soft Cap: US $5,000,000.00
Private Sale Hard Cap: US $41,600,000.00
Private Sale Ends: 31st July 2018 CST
Loot First Released On: On or before 7th August 2018
Daily Blind Auction details:
Auction starts: 1st September 2018 (00:00 UTC)
Duration: Daily periods of 20 hrs for 300 days
Daily Token Allocation: 300,000 LOOT
FUND USE
55% - Operational
20% - Provision for taxation
15% - Marketing, sales, community building, support
10% - Founders, advisors, service providers, bounties
ROADMAP
February 2018 - The utility token, ‘LOOT’, becomes the gaming cryptocurrency of LOOT Land
March 1st, 2018 - Game Loot Network™ launches the PRIVATE SALE for their global ICO to accredited investors.
May 29th, 2018 - Game Loot Network™ launches the PUBLIC SALE for their global ICO.
August 1st, 2018 - GLN’s 1.0, a virtual world built on the blockchain, is released. Players can travel to locations within the fantasy environment and interact with revolutionary game features. Games are available within the platform for download. Cryptocurrency combined with smart contracts allow for real-life rewards.
September 1st, 2018 - The platform’s arcade region, Arcade Town, hosts embedded games and competitive tournaments. Tourney victors receive real-world prizes.
October 1st, 2018 - GLN’s Battle Bidding Arena open, hosts embedded games and competitive tournaments. Tourney victors receive real-world prizes.
November 1st, 2018 - The Game Forge opens and will feature a list of game projects submitted by developers. Users can select from any of these projects and submit their LOOT tokens to provide developers with a design and marketing budget. When monetized, those games will generate recurring revenue for the developers and any user who submitted tokens.
February 1st, 2019 - GLN’s Battle Bidding Arena undergoes beta testing with Crowd Machine to transition to a decentralized battle bidding platform. Expected launch in the second quarter of 2019.
2019 - Throughout 2019, a huge emphasis will be placed on growing the developer community and the user community. This emphasis will include global outreach to the independent game developer community and large-scale promotions for the user community to grow their social networks inside the LOOT Land ecosystem.
Q1 2020 - Arcade Town’s decentralized Game Store undergoes beta testing with Crowd Machine.
Q3 2020 - GLN’s virtual blockchain world 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 the revenue splits between the original sponsors and game de-
2020 - GLN’s virtual blockchain world expands to incorporate new towns with fresh features. Developers circumvent publishing gatekeepers and release fully-funded games to Arcade Town’s incentivized audience. VR and AR additions are implemented so users can truly live, win, earn, and play
2021 - An array of smash hit games are produced in The Game Forge and purchased through Arcade Town. Titles offer competitive play with LOOT token prize pools, achievements reward LOOT, and the LOOT Land cryptocurrency underpins a vast network of third-party economies.
TEAM
Lance Baker - President & Founder
Patrick Baggette II - CFO/ General Counsel
Douglas A. Kinney - Chief Executive Officer
Scott Simpson - Chief Strategy Officer
Rick McMullin - Chief Technical Officer
Paul Winterhalder - Chief Development Officer
Hayd Snape - Chief Marketing Officer
James Duchenne - Blockchain & Tokenized Business Advisor
Adam Richard - Director of Global Blockchain Development
Help has finally come for the gaming world. More value will be added to the gaming ecosystem via the features that the Game Loot Network bring to the game. I, urge you to participate in the token sale event to share in its immense benefits.
Please, feel free to click on any of the following links should you require more information on this project or want to connect with other unique participants across the globe:
Website: https://gamelootnetwork.com/
ANN thread: https://bitcointalk.org/index.php?topic=3180001.0
Whitepaper: https://gamelootnetwork.com/assets/documents/gameloot-whitepaper.pdf
Facebook: https://www.facebook.com/gamelootnetwork/
Twitter: https://twitter.com/gamelootnetwork
Telegram: https://t.me/gamelootnetwork_ico
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Author : Zerronite
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ETH : 0x55E6E2BA6F26F1AC24BD3DE4425Ee99c7c0ed687