Game Loot Network Summary Evaluation

The business model of GLN is simple. The users have to register in the platform with proper credentials and an initial payment of US$125. Then, the user can load the GLN lobby with three utility portals, i.e., Build, Play and Earn. Each portal provides various utility functions in the network. Build Portal allows the user to fund any game design and provides resources for gaming developers. Play Portal hosts a decentralized app store and embedded games. Users can play within the platform or download curated titles. It also offers competitive tournaments featuring LOOT prize pools. Lastly, Earn Portal offers an array of revenue- generating tools, such as competitive tournaments where one can receive sleek electronics or LOOT tokens, US$250 for three referral links and one can bid online in auctions. The platform charges users US$10 for a monthly subscription and US$125 for an affiliate package. It is expected to generate additional revenues from advertising in the near future.