GAME LOOT NETWORK, THE FUTURE OF GAMING CRYPTOCURRENCY ~ 9JA RAYS

GAME LOOT NETWORK, THE FUTURE OF GAMING CRYPTOCURRENCY

Cryptocurrencies are digital coins which can be exchanged for fiat, or any currency issued

by respective governments. Cryptocoins allow entities, like GAMELOOT NETWORK, to pay a global audience
instantaneously without combatting the fees and time involved in currency exchange.
In order to reward user engagement, Game Loot Network™ created their own utility-token,
‘LOOT’. The currency allows specific interactions on the Network to trigger cryptocoin
allotments. The blockchain’s network tracks these engagements and rewards LOOT to
users who complete meritorious actions such as winning a gaming tournament or inviting
a friend.
4.1 Mission Statement
As a utility-token, LOOT will have multi-functionality specific to the world.

In addition to LOOT, there are four other units available on the platform. These, however,
are not cryptocurrencies and cannot be exchanged anywhere other than Game Loot Net-
work™.
GLN’s Other Digital Units

REDITS
Groundbreakers receive
a monthly endowment of
‘Credits’. These can be
used to purchase in-game
boosts and enter tourna-
ments. Credits can also be
swapped for Bids.

TICKETS
Tickets are vouchers
obtained from winning
tournaments. These units
can be exchanged for re-
al-world prizes.

BIDS
Bids can be obtained with
LOOT and with Credits.
With these units, players
can Battle Bid for heavily
discounted electronics.

PREMIUM BIDS
Premium bids are used to
enter auctions for bundles
of discounted LOOT.

Gaming Reimagined:
The Platform

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:

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.

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.

Earn
The Earn gate offers an array of
revenue generating tools. Through
this door, players can enter three
subset doorways:
Competitive Tournaments —
Tourney champions receive sleek
electronics or LOOT token prize
pools. Now any user can experience
the thrill of high-stakes E-Sports.
Referral System — An extensive
progression system allows members
to create high-yield residual
commissions for sharing the
platform.
Battle Bidding — Online auctions
pit players against the clock in
competition for discounted gear.
LOOT Store — Purchase premium
membership, credits, bids, and

Game Loot Network™ foresees this template accommodating infinite expansion. As
gaming technology creates new formats, such as VR, additional doorways will be added.
A gateway for VR interactions has already been planned. Fresh features, based on
community input, will always be in the works.

Contact Game Loot
BitcoinTalk: https://bitcointalk.org/index.php?topic=3173274.0
Telegram: https://t.me/gamelootnetwork_ico
Facebook: https://www.facebook.com/gamelootnetwork/
Twitter: https://twitter.com/gamelootnetwork

Writer contact details:
BitcoinTalk id: https://bitcointalk.org/index.php?action=profile;u=1969183

Twitter: https://twitter.com/Julietstrike

About Admin MC3

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9JA RAYS