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Akira Ming
Akira Ming
Jun 6, 2024
News

Open Loot Announces $OPENLOOT Token to Drive Platform Growth

Big Time's Open Loot platform has unveiled $OPENLOOT, its new token, designed to enhance user benefits and drive platform expansion.
Open Loot Announces $OPENLOOT Token to Drive Platform Growth

Open Loot has introduced a new token, $OPENLOOT, designed to fuel the platform's growth. This token aims to benefit loyal users and foster expansion opportunities. By boosting marketplace activity, user acquisition, and engagement, Open Loot hopes to enhance the player experience across its games.

Token Utility for Users

$OPENLOOT is crafted to capture value by offering exclusive benefits. Players can use it to get better deals on the marketplace or earn extra rewards in their favorite games. This token promises widespread utility for token holders. 

Spending $OPENLOOT

Players can use $OPENLOOT for various transactions. It can be used to buy or rent items from the marketplace, purchase premium currencies like Time Crystals, or buy NFTs from primary sales. Also, users receive discounts when paying with $OPENLOOT, depending on their VIP tier.

How to Get Started

To prepare for the token's launch, the platform invites users to join its points program. By retweeting posts from Open Loot and Big Time, users can accumulate points, which is the best way to obtain the token once it is available. Interested users can create an account and start collecting points on the official page.

What is Open Loot?

Open Loot allows game studios to mint and distribute crypto assets within their games. Founded by Ari Meilich, Thor Alexander, and Matt Tonks, Open Loot is backed by Big Time Studios. They are known for creating Big Time, a free-to-play, multiplayer action RPG that combines fast-action combat and adventure. 

With $OPENLOOT, the team aims to boost platform activity and enhance the overall gaming experience. This new token seeks to improve user engagement and create a rewarding experience for all. 

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Disclaimer: The information provided on this page do not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Individuals should do their own research before taking any actions related to the product they read about and carry full responsibility for their decisions.
Posted: 06 Jun, 2024 10:13 • Updated: 06 Jun, 2024 14:15
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