What is Game Loot Network?
It is a $ 7 million social gaming platform built on blockchain, with games organized and designed by the community, with the support of game development partners whose creations have attracted more than 100 million downloads. The Game Loot Network platform transforms the edition of games using the integrated crowdfunding portal, its essence lies in the fact that the designers present their game ideas in a catalog on the platform screen. Your proposal page may include screenshots, demonstrations or game frames. Then, users offer loot markers to sponsor promising projects that sparked their interest.
In return for their cryptocurrencies, followers receive a percentage of the next title's income. Therefore, the decentralized team produces games on the democratic demand. Scheme of work quite simple and already after the final forex projects are completed, they produce income, both for developers and for supporters. Therefore, independent artists reduce costs and players receive revenue from the games that helped them.
Game Loot Network works as an application store, with selected games and features enabled by blockchain technology. The cryptocurrency, LOOT, allows the platform to be a revolutionary single window for all games, from the game, the purchase to the design. With the help of Loot, users of the platform will have the opportunity to enter tournaments with incline, generate recurring revenue through focused games, buy game incentives, bid online auctions, receive additional income and finally download games created only for the platform. The booty will prosper, it will be fed with a wide utility for the applications.
Loot chips
The cost of the Loot 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 begins on May 29, 2018 and will last 230 days.
LOOT tokens are the useful cryptocurrency of an ecosystem
Their use cases support all aspects of the GLN economy. Buy players in the game, finance developers. Passion projects and cryptography enthusiasts can host a sample of real use. Game Loot Network's vision manifests itself in something more than paper; dares to pass an idea on a road map. GLN provides a functional product, playable games on its platform and has undergone extensive beta testing. Now with the introduction of the cryptocurrency, LOOT is altering positions and forever changing the gaming industry.
Conditional Marketing:
Register in the Game Loot network. The registration fee is $ 125. For this you get some "tools for work" and the title of Ambassador (as GLN calls the partners).
Invitation of 3 people to the company. Once your referral link is registered with 3 people, you will receive a commission of $ 250.
Game Loot Network passive income. After completing the first two points, you will receive a passive income of $ 5 per day.
Objectives:
° Create funds and resources for game developers.
° Build game tournaments with real life prizes for non-professional players.
° Create integrated cryptographic portfolio linked to the platform.
Mission:
Defend developers and players by creating a virtual platform that rewards players with real value and facilitates the design of games of 'any budget'.
Philosophy:
Provide artists with the resources to create the games they imagine and reward the players who populate their virtual worlds.
Road map:
The platform will rival and innovate in centralized systems such as Steam and App Store. The cornerstone of the application will be the interaction between the Build and Play portal. The LOOT cryptocurrency supports each platform resource and allows virtual achievements to have real life consequences. As the largest and most complex games are built on the Build portal and downloaded through Playway, the third-party worlds will interact with the LOOT token and use it to boost their economies. LOOT will unite thousands of virtual worlds in unforeseen ways with the Game Loot Network as the main hub. Third-party communities could use LOOT to offer their own competitive tournaments or give real value to the game in the real world. Game Loot Network will be the one-stop shop for all games: game, purchase and design. The construction of the world and the charm of character distinguish GLN from soft amalgams of resources; represents a revolution always expandable.
Highlights
February 2018
The utility card, 'LOOT', becomes the crypto currency of LOOT Land games.
March 1,
2018 Game Loot Network ™ launches the PRIVATE SALE of its global ICO to accredited investors.
May 29, 2018
Game Loot Network ™ launches the PUBLIC SALE for its global ICO.
August 1, 2018
GLN's 1.0 is launched, a virtual world built on blockchain. Players can travel to places within the fantasy environment and interact with revolutionary game features. The games are available within the platform to download. Cryptocurrency combined with smart contracts allows for real-life rewards.
September 1, 2018
The arcade region of the platform, Arcade Town, hosts integrated games and competitive tournaments. Tournament winners receive real world prizes.
October 1, 2018
The GLN Battle Bidding Arena opens, hosts integrated games and competitive tournaments. Tournament winners receive real world prizes.
November 1, 2018
Game Forge opens and will present a list of game projects sent 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, those games will generate recurring revenue for developers and for any user who has sent tokens.
February 1, 2019
GLN's Battle Bidding Arena undergoes beta testing with Crowd Machine to transition to a decentralized Battle Bid platform. Planned release in the second quarter of 2019.
2019
Throughout 2019, there will be a strong emphasis on growing the community of developers and the community of users. This emphasis will include a global reach to the community of independent game developers and large-scale promotions for the user community to grow their social networks within the LOOT Land ecosystem.
2020 Q1
Arcade Town's decentralized gaming store undergoes beta testing with Crowd Machine.
2020 Q3
The GLN virtual blockchain world becomes a decentralized mecca for game developers and gamers. The Blockbuster titles are created in The Game Forge and are released through Arcade Town. Users buy and download games with LOOT tokens and the revenue is divided between the original sponsors and the game. The virtual world of blockchain 2020 GLN expands to incorporate new cities with new features. Developers dodge publishing guards and launch fully funded games to the incentivized audience of Arcade Town. The additions of VR and AR are implemented so that users can really live, win, win and play.
A series of successful games are produced in The Game Forge and acquired through Arcade Town. The titles offer a competitive game with the LOOT token funds, the LOOT reward achievements and LOOT Land's crypto currency supporting a vast network of third-party economies.
Token sales structure:
The sale of tokens will use a soft and hard top, with an anti-dilution mechanism available for those who contribute under the soft cap. This means that an original sales target cap (STC or soft receipt cap) will be established for private and public sale. However, if the STC is met, Game Loot Network ™ will allow an additional sale of tokens until the maximum maximum sales limit (MST or hard income limit) is reached.
Buyers who contributed under the STC will receive LOOT bonuses proportionally to the level of their contribution under the STC (anti-dilution bonus). This is done to provide certainty to the first LOOT buyers as to their contribution rate.
The STC is $ 50,000,020.00 and the MSTC is $ 75,000,030.00.
Name of the tokens: LOOT.
Holding GLN Holdings, INC. (WY, USA).
SAFT Entity Loot Cove Co., LLC. (WY, USA). Public entity selling tokens Loot Cove Co. LTD (Mauritius).
Price LOOT USD $ 0.35 [or equivalent in ether].
CAP Sales target (STC) US $ 50,000,000.00.
Maximum sales target (MST) US $ 75,000,000.00,
Total supply of LOOT 600000000 LOOT.
PAC emergency supply model fixed and non-inflationary public sale opens May 29, 2018.
Duration of the public sale 230 days.
USD Type of assignment Discount discount Equivalent Available time CAP $ 5mm Private sale SAFT (1) 66.67% discount Buy 1, ~ 2.00 Free Mar 1, 2018 until Apr 15, 2018 (46 days) 10% of STC $ 15mm Private sale SAFT (2 50.00% off Buy 1, ~ 1.00 Free April 16, 2018 to May 3, 2018 (18 days) 30% off STC $ 30mm Private sale SAFT (3) 25.00% off Buy 1, ~ 0.33 Free May 4, 2018 to May 21, 2018 (18 days) 60% of STC.
Type of Time Equivalent Bonus Available Public sale (1) purchase 1, get 0.25 free May 29, 2018 0:00 UTC for 2 days Public sale (2) Buy 1, Get ~ 0.17 free May 31 from, 2018 0:00 UTC for 4 days Public sale (3) B uy 1, get ~ 0.11 free June 4, 2018 UTC 0:00 for 6 days Public sale (4) Buy 1, get ~ 0.05 free June 10 , 2018 UTC 0:00 for 8 days Public sale (5) Without discount June 18, 2018 UTC 0:00 for 10 days. Break June 28, 2018 to July 11, 2018 (14 days). Type Price of the period Period of time Blind auction Sale 290,000 LOOT per day + unclaimed tokens during the public sale divided in equal parts between 200 daily periods. Daily sales periods that last 20 hours each day from 0:00 UTC to 20:00 UTC, with a fixed allocation of tokens.
Date Token published / buyer EQUIV. USD CUMM. July 6, 2018 300 000 LOOT US $ 105k August 6, 2018 600 000 LOOT US $ 210k US $ 315k September 6, 2018 1, 200 000 LOOT US $ 420k US $ 735 MM November 6, 2018 2, 400 , 000 loot US $ 840K US $ 1,575MM December 6, 2018 4, 800, 000 LOOT US $ 1.68 mm US $ 3.255MM January 6, 2019 19, 200, 000 loot US $ 3.36MM US $ 6,615MM 06 de February 2019 38, 400,000 LOOT US $ 6.72MM US $ 13,355MM March 6, 2019 LOOT balance US $ 13.44MM US $ 26,775MM I.
Distribution of revenues
OBJECTIVE: MARKETING - sales - marketing - community development - support Founders, advisers, service providers, rewards Tax provisions Operating 55% 20% 15% 10% Most of the proceeds from the sale of the token will be consumed in operational expenses, service and development support. Game Loot Network ™ assigns a part to tax planning for new corporate structures, employment taxes of overseas personnel and the like. We hope that the money from the SAFT contribution will be used mainly in marketing, community development, training, development and sales. A portion of the money is held to pay bonuses to founders, advisors, service providers and rewards service providers after the closing of token sales. These distributions will be in USD, BTC or ETH. GLN can also offer an option to buy chips after the LOOT Token Sale.
Storage and risks of the token The LOOT can be stored in a wallet or vault, which can only be accessed with a password selected by the buyer. The wallet will maintain a private key required to control the stored LOOT. The loss of the private key associated with this wallet or digital repository that stores LOOT will result in the loss of LOOT. Users are advised to store their password in one or more backup locations. Any third party that gains access to the buyer's private key can gain access to its LOOT. Users should be careful not to respond to any query related to the purchase of LOOT. The LOOT purchase should only be made by people or entities that have significant experience with the use and complexities of cryptographic tokens, as Bitcoin (BTC) and Ether (ETH). The buyer must have a functional understanding of the storage and transmission mechanisms associated with other cryptographic tokens. While Game Loot Network ™ may be available to assist in the purchase of LOOT during and after the sale, GLN does not offer advice in any way and will not be liable for the loss of BTC, ETH, LOOT or fiat as a result of actions taken or omitted by the Buyer.
Team:
• LANCE BAKER
• DOUGLAS A. KINNEY
• PATRICK BAGGETTE
• SCOTT SIMPSON RICK MCMULLIN.
• PAUL WINTERHALDERHAYD SNAPE CAMDEN DORE
• JAMES DUCHENNE
• ADAM RICHARD
Game Loot Network will democratize the gaming experience, allowing developers to create and thrive regardless of the guardians or budget constraints. We want to give players a voice in the early stages of design, so the games created are what people want to play. We will wait for you.
Links of interest:
Website: https://gamelootnetwork.com/
Telegram:https://t.me/gamelootnetwork_ico
Faceboock: https://www.facebook.com/gamelootnetwork/
Twitter: https://twitter.com/gamelootnetwork
Autor: erwin_ibrahim
ETH : 0x347A7A7dB223A23774375EFfB6b6e96c5Ac64C1c
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