The Good Tech Companies - Web3 Gaming Trailblazer Big Time Studios Announces $OL Token For The OpenLoot Gaming Platform

Episode Date: November 18, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/web3-gaming-trailblazer-big-time-studios-announces-$ol-token-for-the-openloot-gaming-platform. Designed to supercharge the Open Loot platform, $OL will boost user acquisition and drive engagement across all Open Loot games and products by delivering subst Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #big-time-studios, #chainwire, #press-release, #big-time-studios-announcement, #online-gaming, #crypto-gaming, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Web3 Gaming Trailblazer Big Time Studios announces $OL token for the Open Loot Gaming Platform by Chainwire. Austin, United States, November 18, 2024, Chainwire, Asterisk Big Time Studios, a Web3 Gaming Trailblazer and creator of the Open Loot Studio and Hit Game Big Time, which has already processed a half-billion dollars in total transaction volume, is making waves again. Active users of the Open Loot platform will soon be able to collect $OL, the marketplace's first utility token, which will become the cornerstone of the Open Loot. Greater than, we're flipping the script on token launches. Instead of the usual fundraising greater

than frenzy, the launch of $OL is about giving back to our incredible community of greater than players and game developers. From lower transaction fees and exclusive premium greater than currency bundles to invite only early access to open loot games, special NFT greater than sales, tokens in-game drops during exclusive gameplay, and in-game perks greater than said Ari Malich, the visionary founder behind Big Time Studios designed to supercharge the open loot platform, $OL will boost user acquisition and drive engagement across all open loot games and products by delivering substantial utility to open loot users, from guardianship to exclusive benefits like better deals and early access to games and

events to collecting in-game rewards. $OL token $OL token is not a fundraising mechanism. This launch is fair. There are no token sales, team-allocated tokens, or tokens sold to early investors. Open loot users can collect $OL equals uh various activities within the platform. Players actively engage in unique game opportunities with partners, completing challenges and participating in unique events. For loyal players, the $OL tokens will provide users with early access to games, opportunities to purchase unique NFTs, and discounts on special premium currency packs and NFT primary sales. For game developers, $OL is a powerful tool for user acquisition. Developers can leverage the token to reward

players for in-game activity, such as reaching milestones or dropping tokens in-game, which will drive engagement. Limited-timed events can attract users to open loot partner games and create exposure for the game and the ecosystem. $OL fosters more profound connections between developers and their audiences, giving developers the power to offer players significant value through competitive, social, and metagame features and targeted promotional offers that enhance player engagement. The potential uses for $OL are vast and will define engagement and innovation across the platform. $OL will foster trust in the OpenLoot platform and marketplace, extend reach beyond traditional off-chain models,

and lead the way for the Web3 gaming industry, opening up a world of opportunities for players and studios. OpenLoot Platform Big Time Studios' OpenLoot gaming platform and marketplace has facilitated nearly half a billion dollars in transactions since early 2024. This achievement stems from OpenLoot's ability to simplify complex cryptocurrency functions, scalability, distribution, payments, and regulatory compliance for developers. The marketplace boosts NFT discoverability and sales while providing various payment options. Players enjoy high-quality games without typical Web3 issues like connecting a crypto wallet, paying gas fees, or waiting for

transactions. Patented Vault technology allows easy NFT buying and selling without high gas fees, with the option to mint them onto the blockchain. The platform includes features like NFT rentals, a marketplace for non-crypto game currencies, and detailed NFT price histories, making Web3 gaming accessible. Game studios benefit from ready-to-use tech solutions, including game launchers and premium currencies. OpenLoot also provides expert support in marketing, game economy design, and production, ensuring developers can meet player expectations and achieve success. Open Loot Platform manages all foundational elements, overseeing the sales and leasing of digital and traditional items for big-time, the wildly successful free-to-play multiplayer

action RPG, and five pioneering launch partners, each curating distinct Web3 gaming experiences. World Shards, an expansive sandbox MMORPG, Boss Fighters, an engaging multiplayer action title, The Desolation, an immersive cross-platform loot shooter, Shatterpoint, an adrenaline-fueled F2-Paction mobile RPG, and One Tap, a strategic first-person shooter. Positioned toward define the gaming sector, OpenLoot will focus on high-caliber mid-core to hardcore games. First half of 2024 success since the start of 2024, the OpenLoot platform has experienced growth driven by its vibrant community and excellent partners. So far, underscoring OpenLoot's successful quarter was the exchange of over 1,067,103 NFTs and 1,551,969 NF rentals. This year, more than 226,588

players have crafted more than 3,625,725 NTFs showcasing the platform's dynamic and engaging ecosystem. Since it opened, OpenLoot has amassed over $445,167,044 in total transaction volume, with millions of transactions signaling the platform's escalating popularity and triumph. Users can visit https colon slash slash openloot.com for more details. About BigTime Studios BigTime Studios, founded by Ari Malich, is a pioneering force in the crypto gaming industry, renowned for its innovative open loot platform and the hit game BigTime. With a mission to revolutionize the NFT gaming experience, BigTime Studios seamlessly integrates high-quality games with blockchain technology,

offering players unparalleled gaming experiences. The curated open-loot platform gives developers the opportunity to reach a wider audience and drive engagement through unique in-game rewards and events, while players benefit from exclusive access to high-quality games, special NFT sales, in-game perks and airdrops. Big Time Studios' open-loot platform has facilitated nearly half a billion dollars in total transaction volume, underscoring its commitment to creating a dynamic and engaging ecosystem for gamers worldwide. For more information, visit Big Time Studios website. Contact CMO Michael Migliero Big Time Studios LTD Press at BigTime.gg.

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