$LOOT Economy & Long-term Sustainability
Last updated
Last updated
$LOOT Game is pioneering an innovative gameplay that rewards players for their time and efforts, both in playing and in expanding the ecosystem. It is a completely player-owned economy where players are rewarded with $LOOT tokens, creating a parallel universe with a real economy.
The creators of $LOOT Game, similar to the builders of a nation, only monetize through their ownership of $LOOT tokens. Instead of selling copies of the game, our focus is on fostering a player-to-player economy.
With the gamified approach of the LOOT Game, every token, item, and asset becomes a tangible value on open peer-to-peer markets. We aim to manage the token supply delicately, ensuring neither inflation nor deflation impedes our growth.
We intend to maintain and enhance the economic sustainability of the $LOOT ecosystem by implementing the following:
Enhancing the utility of $LOOT: We plan on introducing new features and experiences such as Battleships and other mini-games. As we grow, we will continue to add value to the $LOOT tokens beyond fleeting meta-games, offering players a diverse range of fun, competitive, and social achievements.
Progression and Upgrade Pathways: The $LOOT Game will not solely rely on expanding one's collection for progression. In the future, upgrades to assets, crafting ingredients, and new functionalities will be introduced, leading to a more substantial bond between players and their assets in the $LOOT ecosystem.
Improving Accessibility: We aim to remove points of friction in the on boarding process, ensuring more players can delve into $LOOT Game and contribute to the economy in the long run. The more the demand for $LOOT and associated assets, the healthier our economy.
Initially, the $LOOT economy will rely on new players. As the game grows and our community expands, we will gradually introduce additional measures to sustain the economy, reducing dependence on new players and fostering existing ones.
As the $LOOT Game expands, we anticipate multiple avenues to introduce additional capital into the ecosystem:
Open Dev Tools: Embracing the spirit of open development, we plan to launch dev tools that will enable third-party developers to create and add their games to the $LOOT ecosystem. (Similar to the Roblox model) This initiative will unlock a whole new dimension of creativity and diversification in the $LOOT Game, amplifying the potential for capital growth.
Advertising and Sponsorships: We're open to partnerships and collaborations with projects interested in reaching our diverse and crypto-savvy community.
New Games and Boards: As we add more games and boards to the $LOOT universe, there will be new opportunities for players to earn, spend, and trade $LOOT tokens, thus enhancing the overall economy.
Merchandising: We've had numerous requests for both physical and digital merchandise, from exclusive $LOOT art NFTs to apparel. Profits from these sales will be reinvested into the game, further benefiting the player community.
Offline and Online Events: The global $LOOT community is highly engaged and connected. We envision hosting community events where players can interact in person, with profits from such events reinvested into the ecosystem.
While some $LOOT players will earn significant returns, many will engage in the $LOOT universe purely for the thrilling gameplay, strategic battles, and the sense of community. These players strengthen our economy in the long run and we strive to continuously enrich this value for all players.
