Open Loot Aims to Become Leading Web3 Gaming Distribution Platform
Open Loot Overview
Open Loot aims to be the "Steam of Web3," focused on real digital ownership. Founded by Ari Meilich from Decentraland and Big Time Studios, it addresses challenges in crypto gaming such as growth, user experience, scalability, payments, and compliance.
Key Achievements
- Generated over $150 million in revenue and $100 million+ in NFT sales during Early Access of Big Time.
- Allows players to own, trade, sell, and use in-game assets (NFTs) across multiple games.
Premier Partner Games
- Big Time – A free-to-play multiplayer action RPG.
- Boss Fighters – Multiplayer game where teams take down a player-controlled Boss.
- WorldShards – Sandbox MMORPG with base-building and exploration.
- Shatterpoint – Mobile action RPG with PvE battles.
- The Desolation – Mobile looter-shooter with customization options.
- KOKODI Games – Combination of extraction shooter, survival, RPG, and battle royale.
- Moonfrost – Life-simulation RPG featuring farming and crafting.
Player and Developer Benefits
Open Loot enhances experiences for both players and developers:
- Player-owned economies through blockchain integration.
- Vault technology for seamless asset management.
- Advanced marketplace features like NFT rentals.
- Support for non-crypto currencies alongside blockchain assets.
- Comprehensive price histories and activity tracking.
- Out-of-the-box tech solutions for developers.
- Advisory support from the Big Time team.
- Marketing assistance and token design guidance.
- A ready-made audience of gaming enthusiasts.
Impact and Adoption
- Over 1.5 million players across the ecosystem.
- Nearly $500 million in transactions projected for 2024.
- 327,000+ Discord members.
- 1.16 million+ combined social media followers.
Future Plans
- Expanded game roadmaps for Big Time and other titles.
- More Web3 studios joining the platform.
- Additional partners launching game economies in late 2024.
- Enhancements to marketplace features and Vault technology.
Community Engagement
- Big Time is currently up for a community vote on Binance, providing an opportunity for broader exposure.
Token Information
The $OL token is fully community-driven with no presale or VC allocations, aligning with Open Loot's mission to prioritize gamers in the Web3 space.
Open Loot represents a significant step toward mainstream adoption of Web3 gaming, bridging traditional gaming with blockchain technology.