Large Time developer Large Time Studios has introduced its $150 million Open Loot Fund.
The fund will put money into blockchain video games leveraging the Open Loot platform – together with the Open Loot Chain – and NFT market, which is utilized by Large Time and different third social gathering video games together with World Shards and Shatterpoint.
Funds shall be used for growth and advertising bills, whereas strategic steering throughout in-game financial system design, gross sales technique, market optimization, advertising and group constructing may also be offered.
The Open Loot token went reside in mid-November and presently has a market cap of $64 million primarily based on 5% of its whole provide now circulating.
Large Time Studios says the Open Loot market has facilitated virtually $500 million in lifetime buying and selling quantity and has 1.5 million registered accounts, the overwhelming majority of which has been generated by Large Time.
Studios within the funding can apply right here.
