The gaming industry is filled with thousands of developers all attempting to win the hearts of game players. In order to achieve this feat, millions of dollars are poured into advertising and promotional campaigns in order to build individual forums and support platforms which could have been built collectively with minimal budget.
The Problem With Individual Promotions And Advertising
Scenario One
Let’s take a look at 2 similar case scenarios, Mr. A built a car racing game, and Mr B built a motor bike racing game. Both of them spend 1 million dollar each for promotions, creating different forums that gets them each 1 million fans who love racing games.
Scenario two
Mr C and Mr D built soccer games and a fantasy league game respectively, both of them come together to promote their games, and thus contribute five hundred thousand dollars each, to build a community of 1 million fans who love sporting games.
Looking at the two cited samples, it is obvious that coming together to build a community has it’s numerous advantages as it can help game developers reduce their promotional budget, and invest it in other important aspects that can help them take their games to the next level.
The Problem With Current Gaming Platforms
Most gaming platforms spend a lot of money towards developing their products such that when it’s time to reap the benefits of their efforts, they focus on making all the money for themselves, while thinking that working with other developers would make them part with some portion of their rewards. But this is not true.
Rather than work together, the millions of games which are available in various game markets makes the gaming industry a beehive of competition. This further creates an unfriendly environment as gamers try to outdo each other, thereby creating a tough environment to retain fans loyalty.
A Better Solution At Hand
Having understood the challenges in the online gaming industry, Game Loot Network is taking a step forward towards reinventing the global gaming industry.
According to the team who have garnered over 40 years of hands on experience collectively, the Game Loot Network platform will be an Ethereum based platform which will leverage on the blockchain technology to guarantee safe and secure transactions on the platform.
What Strategy Will The Game Loot Network Employ
According to the white paper which was made available by the project team, Game Loot Network will bring together the 3 core ingredients which are necessary for the growth of the gaming industry. These will include the adoption of cryptocurrencies, the introduction of affiliate marketing programs to help reach a wide audience of fans, and the core gaming applications and components.
The GLN Token
In order to guarantee transaction safety, and to reward fans for their efforts, the team behind this revolutionary project have decided to adopt an ethereym based ERC 20 utility token as a basis for value exchange on the GLN platform.
The token which is identified as GLN token will be tradable, and will be issued to gamers who win gaming contests, and to community members who invite their friends to become major members of the GLN community.
The ICO for the GLN project is ongoing, Take up the opportunity and become an integral part of the gaming revolution. Visit any of the following links for more information.
Web: https://gamelootnetwork.com/Whitepaper: https://0ed5f89f718b.dev.daviann.com/assets/documents/gameloot-whitepaper.pdf
Telegram: https://t.me/gamelootnetwork_ico
Facebook: https://www.facebook.com/gamelootnetwork/
Twitter: https://twitter.com/gamelootnetwork
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