Massive Time Studios has introduced its new market utility token OL.
The token received’t be offered or distributed to buyers and even the Massive Time Studios staff. As an alternative the honest launch will probably be distributed by way of a factors system that customers of Massive Time’s Open Loot market will earn as they full numerous actions on the platform.
The OL token will go stay on exchanges similar to OKX on nineteenth November.
In addition to being the platform for RPG Massive Time, Open Loot is the platform for thirdparty video games similar 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 forex packs and NFT gross sales. On the opposite aspect of the commerce, sport builders will be capable to 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. Instead of the usual fundraising frenzy, the launch of $OL is about giving back to our incredible community of players and game developers – from lower transaction fees and exclusive premium currency bundles to invite-only early access to Open Loot games, special NFT sales, tokens in-game drops during exclusive gameplay, and in-game perks,” mentioned Massive Time Studios’ founder Ari Meilich.
Within the first half of 2024, Massive 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.
