Big Time Studios, a Web 3.0 gaming trailblazer and creator of the Open Loot platform and hit game Big Time which has already processed half a billion dollars in total transaction volume is making waves again.
Active users of the Open Loot platform will soon be able to collect OL, the marketplace’s first utility token, which will become the cornerstone of the Open Loot.
Ari Meilich, the visionary founder behind Big Time Studios, said,
“We’re flipping the script on token launches. Instead of the usual fundraising frenzy, the launch of OL is about giving back to our incredible community of players and game developers.
“From lower transaction fees and exclusive premium currency bundles to invite-only early access to Open Loot games, special NFT sales, token in-game drops during exclusive gameplay and in-game perks.”
Designed to supercharge the Open Loot platform, OL will boost user acquisition and drive engagement across all Open Loot games and products by delivering substantial utility to Open Loot users from guardianship to exclusive benefits, like better deals and early access to games and events, to collecting in-game rewards.
OL token
OL token is not a fundraising mechanism. This launch is fair here are no token sales, team-allocated tokens or tokens sold to early investors.
Open Loot users can collect OL through various activities within the platform. Players actively engage in unique game opportunities with partners, completing challenges and participating in unique events.
For loyal players, the OL tokens will provide users with early access to games, opportunities to purchase unique NFTs (non-fungible tokens) and discounts on special premium currency packs and NFT primary sales.
For game developers, OL is a powerful tool for user acquisition.
Developers can leverage the token to reward players for in-game activity, such as reaching milestones or dropping tokens in-game, which will drive engagement.
Limited-timed events can attract users to Open Loot partner games and create exposure for the game and the ecosystem.
OL fosters more profound connections between developers and their audiences, giving developers the power to offer players significant value through competitive, social and metagame features and targeted promotional offers that enhance player engagement.
The potential uses for OL are vast and will define engagement and innovation across the platform.
OL…
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