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GAMELOOT NETWORK

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This is an online distribution platform that works as an application store with functions supported by blockchain technology. Cryptocurrency, LOOT, allows the platform to become a revolutionary store for all games - from game, purchase, design. This is a unique 7 millionth social gaming platform, built on a block chain, with games supervised and developed by the community.

the point is that designers present their game ideas in a catalog on the platform screen. Their proposal page can include screenshots, demonstrations or frames from the game. Then, users offer Loot markers to sponsor promising projects that aroused their interest. In exchange for their cryptocoins, supporters receive a percentage of income from the upcoming title. Thus, the decentralized team produces games on democratic demand. Quite simple scheme of work.

Already after the final forex projects are completed, they bring in revenue, both to developers and supporters. Thus, independent artists cut costs, and players receive income from games that helped them. Users have the opportunity to play games, arrange game tournaments and earn money.

The Loot tray acts as a gateway for each reward resource on the platform. With the help of Loot, users can enter tournaments with a head incline, generate recurring income through games with focus, buy game incentives, bid on online auctions, earn extra revenue and eventually download games created solely for the platform. Loot will thrive, feed on an extensive utility for applications.

Platform Features
  1. Registration in 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).
  2. Invitation of 3 people to the company. Once your referral link is registered with 3 people, you will receive $ 250 commission.
  3. Passive income from Game Loot Network. After completing the first two points, you receive a passive income of $ 5 per day.
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.

Together with the native LOOT cryptocurrency, the platform solves the systemic issues within the gaming industry. Users enter the application, create a login, and load the Game Loot Network™ lobby. The hub features three gateways :
  1. Build 
    Through this portal developers and users access a crowdfunding catalog. Indie designers submit their game ideas to a list within this screen. Their proposal page might include screenshots, demos, or gameplay footage. Users offer LOOT tokens to sponsor auspicious projects. In exchange for their cryptocoins, backers receive a revenue generating percentage of the upcoming game. Developers reduce costs and gain an incentivized ground floor following. A decentralized collective thereby produces games through democratic demand. If an idea merits engagement it will be realized; creatives will thrive unburdened by budget constraints.
  2. Play
    This doorway will host a decentralized app store and embedded games. Users can play within the platform or download curated titles. In a self-sustaining loop, ideas produced in the Build portal generate income for gamers and designers in the Play gateway.
  3. Earn
    The Earn gate offers an array of revenue generating tools. Through this door, players can enter three subset doorways. 
Token Sales Structure

Token sales will use soft and hard caps, with anti-dilution mechanism available to those who contribute under soft caps. This means that the original Sales Target (STC, or Soft Receipt Cap) will be set for private and public sales. However, if the STC is met, Game Loot Network ™ will allow additional sales of tokens up to the Maximum Sales Limit (MST or Hard Receipt Cap) achieved. Buyers who contribute under the STC will then be awarded a pro rata LOOT bonus for their contribution rate under the STC (anti-dilution bonus). This is done to provide certainty to initial LOOT buyers regarding the proportion of their contribution. STC is $ 50,000,020.00 and MSTC is $ 75,000,030.00.

Token Name LOOT
Holding company GLN Holdings, INC. (WY, USA)
SAFT Entity Loot Cove Co., LLC. (WY, US)
Public token sales agency Loot Cove Co. LTD (Mauritius)
LOOT Price USD $ 0.35 [or equivalent in ether]
Target sales of CAP (STC) US $ 50,000,000.00
The maximum sales target (MST) is US $ 75,000,000.00
Total supply of LOOT 600,000,000 LOOT
Token Supply CAP model Fixed, non-inflationary
Public sale duration opened May 29, 2018
Public sales duration is 230 days.

Distribution of Results
Screenshot_1

Team

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For more information : 

Website: https://gamelootnetwork.com/
Whitepaper: https://0ed5f89f718b.dev.daviann.com/assets/documents/gameloot-whitepaper.pdf
Onepager: https://0ed5f89f718b.dev.daviann.com/assets/documents/gameloot-onepager.pdf
Twitter: https://twitter.com/gamelootnetwork
Facebook: https://www.facebook.com/gamelootnetwork/
Medium: https://medium.com/@gamelootnetwork
Telegram: https://t.me/gamelootnetwork_ico

Bitcointalk Username: King Solomon
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1805110









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