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CoinsLoot (LOOT)

ICO

We have created the world’s first crypto loot boxes. Not only that we have made this project into a fully decentralized platform in the form of a Dapp. Users will be able to open Loot boxes in exchange for any ERC20 based currency. Inside users will spin the wheel to reveal their reward. Through the volume of transactions we are able to offer Loot box rewards that for exceed the original investment of the user.

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Overview

Project industryGambling & Betting
Product typePlatform
FoundedSaint Vincent and the Grenadines
WhitepaperCoinsLoot White Paper Open

What is CoinsLoot

Problems

  • Many trading exchanges are just plain boring or require specific knowledge for trading cryptocurrencies. 
  • Users on exchanges are unable to get more valuable assets at current market price.
  • The amount of different coins on the market makes choosing one to invest in difficult for most users.
  • Adoption - Today’s World is still not crypto friendly in the case of retail. Crypto holders are unable to exchange their crypto currency to any other physical or virtual products. 
  • Solutions

  • Have fun and be entertained when exchanging cryptocurrency.
  • Get higher value crypto by opening a specific loot box.
  • Let fate decide which coins you get. 
  • Adoption - Exchange cryptocurrencies & tokens to physical or virtual products. 
  • Innovation 

    • First in the WORLD Loot box system with cryptocurrencies
    • First in the WORLD Loot box system that allows you to change crypto to products
    • First in the WORLD Loot initial offering
    • First in the WORLD LOOT token for better liquidity and selection of boxes. 

    Explanation

  • LOOT BOX
  • Loot boxes are similar to ones found in most major video games. Containing valuable in game items. Our Loot Boxes will be filled with the most popular cryptocurrencies. As well as real world items like the newest smartphones, gaming peripherals, and even a Tesla Model X. The Value of any loot box is determined by the value of the ERC20 currency you exchanged to  open that box.  Every loot box has a provably fair algorithm code with a chance to get a specific item. 

  • Spin Mechanism
  • Each opened loot box will give users a spin option. The spin mechanism will have many cards inside and as the user spins it will randomly land on one card which will be the user's reward for that Loot Box. Verified under the provably fair algorithm.

  • Keep or Try again
  • When the spin lands on the user's reward, the user will be able to keep the item or if they don't want it they can exchange the item for an additional spin.  Revenue Model Coinsloot’s revenue model will come with sources of :

     

    SourceDescription
    Chance & Transfer  FeeUsers will select the box with a different chance of getting better or poorer content. Less fee equals less chance for better content. 

    Transfer fee is charged for distribution the coins between the addresses. The chance & transfer fees are 2%-10% depending on lootbox. 

    Pay Back feeUsers are allowed to do not keep the content and has a right to quickly swap their content to LP with fee of 8 -20% 
    Loot box token offering feeRandom projects can ask us for listings to distribute their project between the CoinsLoot project. Various % of fees. 
    Products & Vendors feeFuture Boxes can be fitted with a bunch of different items. Also made by third parties. We will charge various fees for corporations. 
     

    Details

    Pre-sales: Nov 23, 2020 - Nov 27, 2020
    Public sales: Dec 02, 2020 - Feb 28, 2021
    Pre-sale token supply: 2,000,000 LOOT
    Token supply: 100,000,000 LOOT
    Total tokens for sale: 70,000,000 LOOT
    Soft cap: 1,500,000 USD
    Hard cap: 5,000,000 USD
    Raised: 200,000 USD

    Legal

    Blockchain Platform: Ethereum
    Registration country: Saint Vincent and the Grenadines
    Registration year: 2020

    Token info

    Ticker: LOOT
    Type: Utility-token
    Token standard: ERC20
    Token price in USD: 1 LOOT = 0.06 USD
    Accepted currencies: ETH, USDT
    Token distribution:
    50% - IEO@CoinCasso + ICO@WWW
    40% - Other exchanges & Angel Investors
    10% - Founding Team & Partners
    Funds allocation:
    25% - build CoinsLoot platform
    40% - marketing and promotion
    25% - liquidity of boxes
    10% - emergency fund

    Project team

    Arty Bryja
    Arty Bryja
    Chief Executive Officer
    Arty Bryja linkedin
    Luke Ozimski
    Luke Ozimski
    Exchange provider
    Luke Ozimski linkedin
    Mirosław Bugajski
    Mirosław Bugajski
    Business manager
    Mirosław Bugajski linkedin
    Bogdan Sinicki
    Bogdan Sinicki
    Project manager
    Bogdan Sinicki linkedin
    Klaudia Wojtaszek
    Klaudia Wojtaszek
    Graphic Designer
    Klaudia Wojtaszek linkedin
    Natan Miziołek
    Natan Miziołek
    WP Marketing
    Natan Miziołek linkedin

    Social media

    CoinsLoot web-siteCoinsLoot MediumCoinsLootYouTubeCoinsLoot TelegramCoinsLoot InstagramCoinsLoot LinkedInCoinsLoot X (Twitter)CoinsLoot FacebookCoinsLoot Discord

    MVP

    MVP URL

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