Large Time developer Large Time Studios has introduced its $150 million Open Loot Fund.
The fund will spend money on blockchain video games leveraging the Open Loot platform – together with the Open Loot Chain – and NFT market, which is utilized by Large Time and different third occasion video games together with World Shards and Shatterpoint.
Funds can be used for improvement and advertising and marketing bills, whereas strategic steerage throughout in-game economic system design, gross sales technique, market optimization, advertising and marketing and group constructing will even be offered.
The Open Loot token went stay in mid-November and presently has a market cap of $64 million based mostly on 5% of its whole provide now circulating.
Large Time Studios says the Open Loot market has facilitated nearly $500 million in lifetime buying and selling quantity and has 1.5 million registered accounts, the overwhelming majority of which has been generated by Large Time.
Studios within the funding can apply right here.
