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Open Loot (OL): The Key to Frictionless Web3 Gaming

Beginner
GameFi
Explainers
Altcoins
web3
Nov 25, 2024
6 min read
0

In 2021, Big Time Studios made headlines with its popular multiplayer play-to-earn game, Big Time (BIGTIME). Not only was the project's team filled with gaming veterans associated with famous games such as Fortnite and Call of Duty, but Big Time went viral with the hype of non-fungible tokens (NFTs) and an in-game token.

Open Loot's utility token was launched on Nov 19, 2024, allowing those who accumulated Open Loot Reward Points (OLRP) to convert them into OL tokens and unlock exclusive benefits.

Let's learn more about Open Loot and how it's shaking up things in the web3 gaming space.

Key Takeaways:

  • Open Loot is a gaming platform that facilitates the launch of blockchain games. The most popular one is Big Time, by Big Time Studios.

  • Open Loot’s native cryptocurrency is OL, used to increase engagement with the platform's games and products.

  • OL is available on Bybit as a Spot trading pair (OL/USDT) and Perpetual contract (OLUSDT).

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