GAME LOOT NETWORK: GAMING RE-IMAGINED; BUILD, PLAY, EARN

teejayrichard (0)(1)in #cryptocurrency • 6 years ago

One thing occurs regularly in all aspect of life and that is change. This change touches all aspect of the economy and the game industry is not left out. As the world evolves, the game industry also evolves with more improved ideas and benefits which will be of great benefit to game developers, gamers and all. The game industry has evolved so much so that games can now be played online, showing ease of accessibility and also, the sphere is now much developed that individuals can now earn from their gaming activities. No doubt in years to come the world will see an enormous growth and development in the gaming industry. Despite the promising growth the gaming industry has seen in years, there are some challenges it faces which needs urgent solution so as to make the gaming industry more flexible and profitable to all.
One major challenge the game industry faces is that it fails to acknowledge the efforts of game developers and also fails to give gamers rewards for their feedback. For so long centralized game market hubs like Google Play and App store also limit the output of so many developed games as once they are listed on these platforms, the cost of advertising these developed games are a rip off. Game developers most times test the Beta version of games they develop by giving users a brief experience of the games but fail to reward the game testers with any incentive for their feedback. This non-encouraging attitude consequently discourages game players and, most importantly hampers the strength of game developers.
Game Loot Network, an idea put up by a team expert, is a virtual platform which rewards gamers with substantial value for their endless effort via its crowdfunding portal based on blockchain technology, as well as facilitates the budget of game developers so they are able to be competitive and achieving. The Game Loot Network platform also have the opportunity to list their individual game ideas in a catalog, from which, if deemed promising, can be sponsored to ensure the idea becomes a huge success and also competitive. With the Game Loot Network platform, game developers can independtly and cost effectively develop their desire games, thus warding off any seeming challenge and make sure games receive income from their gaming activities via LOOT utility token. The Game Loot Network platform is indeed one which permits gamers to reclaim the gaming sphere as it accounts for game developers, sightseers, emissaries, curators etc. Game Loot Network works like an app store for games, yet has much more to offer.

GAME LOOT NETWORK FEATURES
Game Loot Network has features that are centered on three unique 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.

GAME LOOT NETWORK PARTNERS

TOKEN SALE DETAILS
The Game Loot Network token sale details has been well planned and thus presented below;
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

Operational gets 55%
Provision for taxation gets 20%
Marketing, sales, community building, support gets 15%
Founders, advisors, service providers, and bounties gets 10%

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
Take out time today and have a close look at the Game Loot Network project. I am sure there are lots of exciting packages you find there. Join the team to success today by participating in the project. Also connect with the team and other participants across the globe through the different Game Loot Network social media platforms.