Game Loot Network (GLN ICO): Gaming Reimagined

adedayor (45)in #gameloot • 6 years ago

Gaming refers to playing electronic games, whether through consoles, computers, mobile phones or another medium altogether. Gaming is a nuanced term that suggests regular gameplay, possibly as a hobby. Although traditionally a solitary form of relaxation, online multiplayer video games have made gaming a popular group activity as well. A person who is into gaming is often called a gamer or hardcore gamer.

Gaming has come into existence from the early days and for a very long time, but no one could have predicted the video game industry's multi billion dollar targetory. Innovators evolved pixelated sidescrollers into digital Odysseys through immersive lands. Gaming construction is being streamlined by design tools and development resources thereby giving room for the existence of many more games today than before. But Unluckily, the gaming industry has been faced with several issues due to the wake of evolution. For example: mobile gaming, mobile games outside exchanges like App and Google Play Store (that monopolies the lionshare of the market audience) find it difficult or struggle to gather a user base.

The role gamers in the gaming industry mists times goes unrewarded, although gamers may not struggle to find game to play. Aside from the above problems facing the gaming industry, gaming companies depends so much on the players for a fast gaming testing, customer acquisition, and game curation. But, they rarely share rewards beyond in-app upgrades or early access to anticipated content and also companies designs game concepts without ground floor feedback from their future player base and this most times leads unwanted creation and frustrating features. All these are the problems facing the gaming industry.

The Game Loot Network (GNL) is aimed to be a lasting solution to these problems facing gaming developers and gamers by creating a virtual platform that rewards players with real value and facilitates 'any budget' game design.
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Game Loot Network works like an app store, but we offer much more than just games. Blockchain technology allows the platform to be an entertainment superstore — with resources for play, purchase, and design.
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The philosophy of the Game Loot Network GLN is to give artists the resources they need to create the game they envision an to reward the participating players who populate their visual worlds and will also democratize the gaming experience. Thereby enabling developers to create and prosper regardless of gatekeepers or budget constraints and also transform the industry into a meritocracy where visionaries thrive even if they, at first, lack extensive budgets.

The Platform
The platform solve the systemic issues within the gaming industry with the help of the native LOOT Cryptocurrency. Users enter the application, create a login, and load the game loot network GLN lobby.

The hub features three gateways.

Build: This gateway allows users and developers to access a crowd funding catalog. Indie design submit their games ideas to a list within the screen. Their proposal page might include : screenshot, demos, or gameplay footage.
Play: This is another gateway that allows users to play game within the platform or download curated titles in a self-sustaining loops, ideas produced in the Build portal generates income for gamers and designers in the play gateway (the play gateway host a decentralized app store and embedded games).
Earn: This Earn gateway offers an array of revenue generating tools. Through this door, players can enter three subset doorways; Competitive Tournaments, Referral System, and Battle Bidding

Check the Whitepaper for more about what this platform offers.

GLN Utility Token (LOOT)
The Loot Coin (token) based on Ethereum acts as the utility Cryptocurrency of a vibrant ecosystem. It's very useful in every aspects of the GLN economy. It allows gamers to purchase in-game upgrades and also allows developers to fund passion projects and cryptocurrency enthusiasts can hold a token with actual utility and will have multi functions.