Spicy Projects #11: Open Loot

What is Open Loot?

Open Loot's mission is simple yet ambitious: become the "Steam of Web3" with real digital ownership. Founded by Ari Meilich (Decentraland) under Big Time Studios, this Web3 gaming distribution platform and marketplace addresses the key challenges that have held crypto gaming back—growth, user experience, scalability, payments, and compliance.

The team built Open Loot after seeing the massive success of Big Time's NFT ecosystem, which generated over $150 million in revenue and $100M+ in NFT sales during Early Access. Now they're bringing that winning formula to a wider ecosystem of games, allowing players to own, trade, sell, and use in-game assets (NFTs) across multiple titles. All designed to make Web3 gaming more accessible and rewarding for everyone involved.

Premier Partner Games

Open Loot isn't just a marketplace—it's home to some of the most exciting Web3 games in development:

• Big Time – The flagship free-to-play multiplayer action RPG with time-traveling adventures, unique cosmetics, and massive battles

• Boss Fighters – Multiplayer mayhem where Fighters team up to take down a player-controlled Boss

• WorldShards – A sandbox MMORPG with base-building, exploration, and an entire world to shape

• Shatterpoint – Mobile action RPG with PvE battles, progression, and skill-based combat

• The Desolation – A looter-shooter for mobile with deep customization and team-based strategy

• KOKODI Games – A mix of extraction shooter, survival, RPG, and battle royale chaos

• ​Moonfrost – A free-to-play isometric life-simulation RPG featuring next-gen pixel art, farming, crafting, and exploration in a dynamic, ever-evolving world.

These aren't simple blockchain games—they're full-featured experiences designed to compete with traditional gaming while offering the benefits of Web3 ownership.

Player Experience and Developer Tools

Open Loot offers unique features that benefit both players and developers:

For players, Open Loot creates a seamless experience by:

• Empower player-owned economies through blockchain integration

• Enhance accessibility with Vault technology for seamless asset management

• Enabling advanced marketplace features like NFT rentals

• Supporting non-crypto game currencies alongside blockchain assets

• Providing comprehensive price histories and activity tracking

For developers, Open Loot delivers:

• Out-of-the-box tech solutions including game launchers and premium currencies

• Advisory support from the team behind Big Time's success

• Marketing assistance, token design guidance, and production support

• A ready-made audience of Web3 gaming enthusiasts

Why Open Loot Matters

Web3 gaming has struggled with mainstream adoption, but Open Loot is changing that by focusing on what matters most—great games and seamless experiences. Their approach has already proven successful, with impressive numbers:

• Over 1.5 million players across their ecosystem

• Nearly $500 million in transactions in 2024 alone

• 327,000+ members in their Discord (bigger than some AAA games)

• 1.16 million+ combined followers across Open Loot & Big Time social channels

The platform's success shows that blockchain gaming can achieve mass adoption when the technology enhances rather than hinders the gaming experience.

What's Next?

Open Loot is just getting started, with major developments on the horizon:

• Expanded roadmaps for Big Time and other ecosystem games

• More Web3 studios joining the platform (recently added @Kokodigame and @Moonfrostgame)

• Additional partners set to launch their game economies in late 2024

• Continued enhancement of their marketplace features and Vault technology

BIG TIME Binance Community Vote

• Big Time is now up for a community vote on Binance. This is a major opportunity to bring Web3 gaming to an even wider audience. Every vote counts! Let's show Binance how strong our community really is. Vote on Binance

Fun Fact

The $OL token had no presale and no VC allocations—it's 100% community-driven! This player-first approach perfectly aligns with Open Loot's mission to put gamers at the center of the Web3 gaming revolution.

From its origins as an extension of Big Time's success to becoming a comprehensive gaming platform, Open Loot represents one of the most promising gateways to mainstream Web3 gaming adoption. Keep an eye on this project as it continues to bridge the gap between traditional gaming and blockchain technology.

Stay tuned for more Spicy Projects, where we highlight the hottest ideas in Web3!

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