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Last Update
Nov 30, 2021
The CoinsLoot Platform was created to give crypto enthusiasts a new entertaining way to invest in cryptocurrencies. We want both Investors and Users to benefit from our platform.
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.
Investors will be able to purchase Loot Tokens and stake them in the smart contract and earn profits every single time a user opens a Loot Box.
Through the volume of transactions we are able to offer Loot box rewards that for exceed the original investment of the user. Because we have partnered with exclusive brands we are able to offer a Tesla Model X, limited edition clothing and apparel, as well as some of the most high end products on the market. First and foremost users will have the opportunity to open Loot Boxes worth 1 whole Bitcoin. This mechanism is what will attract users and keep them playing while investors who have staked their Loot Tokens will profit from every transaction.
The Massive Success we have had so far
During our FUNDRAISING Presale Stages we were able to sell over 4 MILLION Loot Tokens which helped us raise over $200,000. The first of the presale stages was invitation only and sold out completely in less than 24 hours. The amount of support and response from the public let us know we had created a winning product. During this fundraising stage we received great feedback from the cryptocurrency community and a following across our social media channels. Now we are set to begin our mass marketing strategy with the raised funds to let the entire world see our Platform.
Experienced team with successful ICO
We have partnered with an exception team of developers and crypto specialists at CoinCasso. They have successfully launched ICO’s and developed their finished products and have the knowledge to help this project take off.
Unique and World’s first product with a huge market niche.
The microtransaction market in apps and games is massive. With our project we
have introduced loot boxes and micro transactions with cryptocurrencies which
firstly benefits all the users and we will hold the title of being the world’s first meaning that we are number 1 in this industry.
Decentralized app - unstoppable and transparent rules.
Defi and all things decentralized are growing in popularity. Users trust decentralized applications more because of the transparency and the fact that it can't be shut down. That is why we made the CoinsLoot project a Decentralized app so that we can ride the DEFI trend and give users what they desire.
Reference to google trends on Defi: https://bit.ly/33lo1sQ
Partnerships with big brands
We have partnerships with some of the more prestigious brands which is why we are able to offer a Tesla Model X as a reward in our loot boxes. The majority of people and users want these luxury items but find them hard to obtain and now with these partnerships every one will have the ability to live the luxury lifestyle.
100% of staking profit goes to the investors LOOT token holders and it is paid directly.
Investors that stake their LOOT tokens will 100% of the profits made on the platform securely through the smart contract. As well, investors will have more benefits the longer they stake their token with the staking age mechanism. This allows them to have higher returns the longer they stake their tokens.
Unlimited possibilities of LOOT BOX development with unlimited products.
As the platform grows we will be able to offer more and more desirable real world items, not only cryptocurrencies. Things like the newest iPhone or gaming console. The possibilities are limitless and as we grow so too will the rewards for our users.
Token will be listed on many exchanges including that famous once.
Our plan is to have the token listed on the open market to people to trade. This not only generates more interest but being listed on the top major exchanges will increase demand of the tokens while supply remains limited due to the fact that most investors will have their tokens staked. Meaning that Limited supply will cause demand to increase which causes the price to go up.
Chance of getting bigger profit on early stage investment during IEO/ICO
As with any investment the sooner you invest the more profits you will make. This is why it is important to invest now during the IEO/ICO stage because the price of the tokens is fixed at each stage of the ICO. Then once the token hits the open market the price will go up and your opportunity will be long gone as the value will far exceed the current price.
What is a Loot Token/ Tokenomics/ How it works
The Loot Token is an ERC20 utility token. Based on the highly secured and widely adopted ERC20 Protocol, users can have peace of mind knowing that these tokens are reliable and safe across all platforms.
The Loot token will be used by investors to Stake on the smart contract to earn profits from all transactions that occur on the Decentralized CoinsLoot Platform. This is illustrated in the diagram below.
Tokenomics During ICO
Token supply is capped at 100,000,000 tokens. So the supply is limited as only 50% of tokens will be sold during the ICO. The rest of the tokens will go to angel investors, the team, and liquidity on once listed on exchanges.
Referral Bonuses will apply to all users who refer users to the Platform and will earn an 8% commission from all their referrals investments. This will not only benefit investors but also help everyone involved earn more as the user base grows.
The price of the Tokens is predetermined for each stage of the ICO. The Stages are as follows:
Stage 1 - 11,000,000 Loot Tokens at $0.06
December 2nd 2020 00:00:00 CET December 11th 2020 24:00:00 CET
Stage 2 - 12,000,000 Loot Tokens at $0.07
December 14th 2020 00:00:00 CET December 23rd 2020 24:00:00 CET
Stage 3 - 13,000,000 Loot Tokens at $0.08
December 24th 2020 00:00:00 CET January 2nd 2021 24:00:00 CET
Stage 4 - 14,000,000 Loot Tokens at $0.09
January 3rd 2021 00:00:00 CET January 31st 2021 24:00:00 CET
Stage 5 - 15,000,000 Loot Tokens at $0.10
February 1st 2021 00:00:00 CET February 28th 2021 24:00:00
After the final stage we will be listing the tokens on major exchanges in February 2021 starting at the Price of the final stage of the ICO which is $0.10
Loot Tokens can be purchased through our ICO smart contact with any ERC20 based currency
There is no Minimum or Maximum number of tokens that investors wish to purchase.
Funds Raised through the fund raising stages will be used for Marketing and advertising to grow the user base as well as development to make the CoinsLoot Platform the best user experience with the best rewards possible.
Tokenomics when the Platform goes Live
Investors will have the ability to Stake their tokens to earn profit from each transaction on the CoinsLoot Platform.
Investors with Staked tokens will have the benefit of staking age. Meaning that the longer the Investor stakes tokens, a multiplier effect will apply. For example, if an Investor Stakes 100,000 Tokens, in 200 days those Tokens will have the reward of someone who Staked 200,000 tokens on the 200th day. Those Staked tokens will remain at that higher level due to staking age for the remaining time the investor has the tokens staked.
How Staking Loot Tokens Works
Investor Staking is the most important aspect of the entire CoinsLoot Project. Investors who stake tokens will earn dividends/profits on every single transaction that occurs from users opening Loot Boxes. This cycle is perpetual and secure as it all happens within the smart contract. The more Loot Tokens investors stake the higher their profits. Also the longer investors stake their Loot Token the MORE they will earn due to the staking age mechanism. Diagrams from both How the platform's smart contact works as well as the staking age illustrated here.
The Loot Box Industry
Loot Boxes are widely used in the gaming industry. Payments are made for these Loot Boxes via Microtransactions. As reference below the Microtransaction industry is worth BILLIONS of dollars every year. For example (referenced below) EA earned nearly 1 Billion dollars from microtransactions in the 4th quarter of 2019. Reference article: https://bit.ly/3fI560e
And Activision Blizzard made $1.2B in microtransactions in the last quarter of 2019.
Reference article: https://bit.ly/2VfT0lu
These are just two examples of the massive opportunity and profits to be made from users.
Keeping in mind that these Loot Box Microtransactions only offer items to gamers to help their game play or to make their character look different in the form of skins. Our Loot boxes will contain things that have actual physical value like Cryptocurrencies or Physical items like an iPhone 12 or Tesla Model X.
Because loot boxes are regarded as a form of gambling in several countries around the world, we must take the online gambling review into account as our market segment. The global online gambling market is expected to grow from $58.9 billion in 2019 and to $66.7 billion in 2020 at a growth rate of 13.2%.
Reference Link: https://prn.to/3q93NMH
CoinsLoot Platform
Users will be welcomed to the platform with the option to buy various Loot Boxes with various different values associated with each box.
Various Loot Boxes
They will also have the option to open mystery boxes where the rewards are random and have the opportunity to get any of the rewards we offer.
Mystery Box
Inside the mystery box as well as all other boxes users will have to spin the wheel to determine which item they receive.
The CoinsLoot Platform has already been developed and just needs a few finishing touches. This is important to understand because with most investments and fundraising, investors have to wait years for the platform or project to develop. Not with us! We already have a finished product ready for the end consumer. Illustrated here.
December 2020
December - January 2021
February 2021
Q1-Q2
Verified 83%
Attention. There is a risk that unverified members are not actually members of the team
