Huge Time Studios has introduced its new market utility token OL.
The token received’t be bought or distributed to traders and even the Huge Time Studios crew. As an alternative the truthful launch will probably be distributed through a factors system that customers of Huge Time’s Open Loot market will earn as they full numerous actions on the platform.
The OL token will go reside on exchanges akin to OKX on nineteenth November.
In addition to being the platform for RPG Huge Time, Open Loot is the platform for thirdparty video games akin to MMORPGs World Shards and Boss Fighters, loot shooter The Desolation and FPS ShatterPoint and One Faucet.
Therefore there will probably be an airdrop for gamers and purchasers of belongings of World Shards, Boss Fighters, The Desolation and One Faucet.
As for its utility, OL tokens will present early entry to video games and waitlists of NFT launches, in addition to reductions of premium foreign money packs and NFT gross sales. On the opposite facet of the commerce, recreation builders will be capable of use OL as a advertising reward for in-game actions.
The token may even be used to energy the Open Loot Chain.
“We’re flipping the script on token launches. As an alternative of the standard fundraising frenzy, the launch of $OL is about giving again to our unbelievable neighborhood of gamers and recreation builders – from decrease transaction charges and unique premium foreign money bundles to invite-only early entry to Open Loot video games, particular NFT gross sales, tokens in-game drops throughout unique gameplay, and in-game perks,” stated Huge Time Studios’ founder Ari Meilich.
Within the first half of 2024, Huge Time says that Open Loot has been utilized by over 226,000 customers who’ve crafted over 3.6 million NFTs.
Discover out extra on the OpenLoot web site.
