In this Game Loot Network review, we’ll examine the company and the business opportunity and you can decide if it’s the right fit for you.
ABOUT GLN
Game Loot Network is a platform where you can interact with other gamers, earn rewards, and participate in the affiliate program. The affiliate program is based on a multi-level marketing system where you earn cash for making sales and recruiting new members.
To clarify, this platform is built for mobile-gamers. People who like to try out new games on their phones, beat high scores, and compete with other members. It’s definitely an interesting concept.
The introduction video uses the most popular mobile phone games as examples of the power of the industry; such as Candy Crush, Angry Birds, and Clash of Clans. The problem is none of these games are sponsored by Game Loot Network but they’re rather examples of successful apps.
Through a transformative distribution platform, Game Loot Network empowers users to reclaim the gaming landscape. Platform visitors enter an online lobby where they find three utile portals respectively titled: Build, Play, and Earn.
Within the Build gateway, users view a crowdfunding catalog that hosts proposal pages for game ideas. Much like Kickstarter, developers submit their concepts along with screenshots, demos, or gameplay footage. Users sponsor compelling projects with the LOOT cryptocurrency, providing a design and marketing budget for the developers. To accomplish this, the platform utilizes the LOOT utility-token. In exchange for their Loot coins, crowdfunders receive a revenue generating percentage of the game.
In this manner, the platform decentralizes publication. Game developers reduce costs, and the produced games release with an already engaged following, excited to play and share the title. An everyday user-collective will unfetter artists from centralized gatekeepers and help create global blockbusters. Thereby, popular demand democratizes and decentralizes game publishing.
Particularly virulent games could generate lifelong income streams for the project’s backers and developers. To frame this notion in perspective, Candy Crush Saga generates an estimated $1,647,530 daily. Imagine noting this powerhouse’s potential in its development and later earning passive income from its success. Equipped with Loot tokens, platform users will face similar opportunities each day.
In sustained symbiosis, developers construct with the Build portal and publish through the Play doorway. Currently, the Play gate hosts embedded games. In-app items and upgrades can be purchased with Loot tokens, an integral piece of the complex Loot ecosystem. As artists develop larger titles for this portal, Loot will fuel a network of third-party economies. Respective designers can offer their player base competitive tournaments featuring Loot prize pools or give in-game items crypto-value. The Play gate will be the decentralized host of these interconnected gaming economies.
The Earn doorway boasts an array of income generating resources. Here rewards transcend the digital; virtual conquests translate to real-life prizes. The Earn portal’s gaming tournaments award Loot token prize pools or sleek electronics to contest champions. Current competitive gaming leaves much to be desired. Average players grapple with online ranking systems for ultimately hollow achievements. High-stakes thrills are reserved for professional gamers in inaccessible E-Sport brackets. With Game Loot Network users experience the blood quickening excitement of real-rewards gameplay.
Additionally, through the Earn gate players access Battle Bidding. Users exchange bids to compete for heavily discounted merchandise. Game Loot Network plans to decentralize this feature, creating an autonomous auction marketplace. Also through the Earn portal players will find an exhaustive referral system. By sharing the platform, users progress through a gamified hierarchy, where top ranking affiliates have the potential to earn in excess of six-figure commissions and bonuses.
The platform’s resource laden interface advances crucial industry solutions. Game Loot Network ushers forth disruption of a multi-billion dollar market. With decentralized publishing and blockchain technology, platform users can democratize gaming’s ecosystem. Everyday people will participate in game publication, developers will dream without restraint, and gamers will experience a benefits based crypto-economy.
GLN PRODUCTS
Game Loot’s products come in the form of tokens, the games are free. These tokens are only available to affiliates and you can use them to unlock certain features within the Fun Zone.
The Fun Zone is basically an area where you can play games and compete with other members for high scores. It’s free to access but to unlock additional features, such as challenges, tokens are required.
GLN FEATURES
> Key Features:
Embedded Games within the platform
Downloadable GamesReal-life rewards with cryptocurrency
Incentivized crowdfunding for in-development games
> Rewards Features:
User achievements
Income generating referral system
Gaming tournaments with real-life prizes for non-professional players
Competitive battle bidding for discounted gaming gear
> Social Features:
User curated game ratings
Intuitive friends system
> Blockchain Gaming Features:
Integrated crypto wallet linked to the platform
Monetized games award cryptocurrency to developers and crowdfunders
A digital currency that allows any connected game to offer real-life value.
HOW IT WORKS
There are several ways to earn cash with Game Loot.
First, we need to understand the ranks. There are 14 affiliate levels for this system. Most multi-level marketing companies use this exact same structure. The first three levels are the most important; Gamer, Premium Gamer, and Game Ambassador. You can only earn commissions on the third level.
To qualify, a subscription to The Marketing Arcade is required. This costs $24.99/month. You also need to earn $100 worth of Personal Volume each month. You earn Personal Volume when your referrals purchase a product or when you purchase a product with your account.
There are also quite a few bonuses, one of the ways to earn money with the business. This is kind of like passive income, at least that’s what the company wants you to think.
The most popular bonus, Daily Commissions, is a percent of your team’s earnings within a certain time period. You can qualify for this bonus after you recruit at least three Game Ambassadors under you.
You’ll also earn a bonus when someone under you moves up a rank. This is called Level Up Bonus. The idea is to have a bunch of people under you so you can sit back and earn from their sales without lifting a finger. Unfortunately, that’s literally the definition of a pyramid scheme.
Granted, Game Loot is a new company and I’m sure they have a lot of bugs and kinks to work out. I noticed a few obvious spelling mistakes in their official compensation plan files. I don’t think a professional company would let those spelling mistakes through.
You’ll also need three active Game Ambassadors under your account at all times or your account will be disabled.
On the fourth level, Ruby 1, members will be able to earn Daily Commission Bonuses. But the bonus is $5/day instead of a percentage of what your team earns. This amount increases as you move up the ranks.
ROADMAP
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