Overview
The Loot Box System is a gamified launchpad. The concept is to allow gaming projects to raise funds through of mystery boxes called Loot Boxes. These boxes are NFTs containing in turn prizes called “Gems”.
Gems are prizes formed by a combination of tokens, other NFTs (usually in-game items), or lottery tickets (Golden Tickets) that grant access to a jackpot.
The jackpot is funded by a cut on every Loot Box sale, and it assures that no user is left empty-handed during the experience.
If for gamers this is an exciting and gamified investment opportunity, for developers the Loot Box System is an innovative and effective way to get funded by their very target audience, through a gamified launchpad experience.
Loot boxes are redeemable for as little as 20 USDC.
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