GAME LOOT REVIEW ICO
To Solve Some Systematic Problems In The Game World
Hallo my friends blogger ..
Today I will review a very remarkable program.
In peeled thoroughly with great detail so easy to understand
Hope can be your reference in decision making
GAME LOOT NETWORK PLATFORM
Using cryptocoin LOOT, this platform intends to solve some systematic problems in the gaming world. You can download apps, create logins, and load the Loot Network Game lobby. There are three gateways to be offered by the hub.
- Get up
- Play it
- Gaming Tournaments
- Generate
Build
Developers and users can access the crowdfunding catalog through this portal. Game designers get the chance to submit their game ideas that include screenshots, game footage, or demos. Investors can offer token to support the project. In return, supporters will receive a certain percentage of revenue from upcoming games.
As a result, developers designed the game at a cheaper cost and got ground floor incentives.
Play
This gateway is expected to host embedded games and a decentralized app store. This allows users to play on the platform or download a curated title. Ideas generated in the Build gateway can generate revenue for designers and gamers in the Play gateway.
Gaming Tournaments
Our regular tournaments give prizes in the form of prize pools and electronics on demand. The eyebrow sweat competition normally reserved for professionals becomes accessible to everyone.
Generate
Recurring revenue for designers and players
A stable internal economy
Our game currency allows every gift resource on the platform. With LOOT, users can enter tournaments, sponsor indie games, buy upgrades and upgrades, bid on online auctions, earn additional revenue, and more. LOOT will evolve, maintained by utility in a wide application, away from the volatile crypto chamber.
There are many tools that generate revenue at Get gates. The player has the option of selecting a three-door subset. This is;
- Competitive Tournament
- Referral System
- Battle Deals
- There is also a LOOT store where users can purchase memberships, offers, premium credits, etc.
USER DEMOGRAPHY AND TYPES OF MEMBERSHIP
Whitepaper The Loot Network game refers to a different title in the white book. This is an overlapping user group on a platform you should know.
Game Developers
They are the people who build the game with the resources that will be provided by the Build portal. Developers will also be able to integrate existing games with the Loot Network Game platform.
Street sign
These are players who can play games for free but are not allowed to enter tournaments or compete for real-life gifts. They are known as "Sightseers" in the Loot Game Network. This group of people can not generate on the platform.
Groundbreakers
They are members of premium networks that enter the tournament and enter the crowdfund game to earn income. This group creates recurring income.
Envoy
This is the groundbreaker listed in the referral system. They eventually became Messengers.
Curator
They can be Groundbreakers or Emissaries who send LOOT to game games in game development. This group of people enjoy recurring income as a replacement. Of course, this is based on title success.
GAME LOOT NETWORK'S UTILITY-TOKEN; HISTORY
To appreciate user engagement, Game Loot Network finds their own utility token, known as LOOT. Cryptocoin, through the blockchain network serves as a reward for players who complete commendable acts. For example, win game tournaments, invite friends, etc.
Token Sales Structure
Token sales are expected to use hard and soft hats. It should also include anti-dilution mechanisms that will be available to individuals who contribute under soft caps. What does this mean, you ask?
This means that the original Sales Target Cap will be set for public and private sales. But if this cap is met, Game Loot Network will allow the sale of additional tokens until the Maximum Target Sales Cap is reached.
Now that we have discussed that part, STC is $ 50,000,020.00 and MSTC is $ 75,000,030.00. The ticker name will be "LOOT" and the parent company is GLN Holdings, INC (WY, USA). The tokens are expected to be sold for $ 0.35 per LOOT and LOOT's total supply is 600,000,000 LOOT.
If you are wondering, the Token offer model is a fixed and non-inflation CAP and the duration of public sale opens on May 29, 2018. However, it is expected to end within 230 days after it begins. According to whitepapers, there are discounts and bonuses to enjoy when users participate in either personal sales or public sales.
Distribution of Results
The largest percentage of revenue, 55 percent, of token sales will be allocated for operational costs, including support and service development. Furthermore, Game Loot Network will allocate 20 percent of the funds for tax planning for the new structure. Part of it will also be used for labor taxes from foreign personnel.
Fifteen percent of the contribution is expected to be used to build community, marketing, sales, training and development. Finally, 10 percent of the proceeds will be made available to pay bonuses to the founders and advisers. Bounty providers and service providers will also receive a share of this allocation.
This distribution is expected in US Dollars, Bitcoin, or Ethereum. The parent company, GLN, may also offer the option to purchase tokens after the sale of LOOT tokens.
Platform Roadmap
Management & Advisory Team
Over the next 24 months, Game Loot Network will disrupt the rapidly growing blockchain and game market.
So my review of this amazing project,
Hopefully adding information that can provide more benefits in investing in the future, Let's succeed this project.
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