Making a blockchain game is tough. On top of the challenges of traditional game development, there’s the added complexity of Web3 – integrating wallets, NFTs, token support and more. That’s where Open Loot comes in.
Rather than shoulder this burden themselves, Open Loot allows game developers to focus on building great games, whilst the Open Loot API offers easy access to Web3 features in a simple and straightforward way.
A variety of popular Web3 games have been built using Open Loot so far, and there’s many more on the way. With the $OL token tying the ecosystem together – and giving both developers and players access to strong liquidity and reward structures – they’re continuing to go from strength to strength.
Here’s everything you need to know about Open Loot.
Key Insights
- Open Loot is a platform that helps developers integrate Web3 into blockchain-based games
- They provide solutions for wallets, NFTs, tokens, marketplaces, fiat and crypto payments and more
- Games that utilise Open Loot include Big Time, Boss Fighters and Shatterpoint
- The Open Loot marketplace has seen over $500M+ in trading volume to date
- The platform is powered by the $OL token, which offers VIP benefits and rewards for players
What is Open Loot?
Open Loot is a platform that helps game developers integrate blockchain-based features into their titles.
Developed by Big Time Studios, Open Loot – through their powerful API – provides fast and secure access to proven solutions for integrated wallets, gasless NFT minting and trading, asset marketplaces that support both fiat and crypto, and much more.
Open Loot isn’t just powerful – it’s user-friendly. With games built using Open Loot, players don’t need to understand crypto and NFTs – or even own an existing wallet – to reap the benefits. Its seamless integration of Web3 technology delivers the value of asset ownership and trading to players with none of the hassle.
As Open Loot also includes KYC and AML tools, as well as powerful analytics services and live economy tracking, it’s a true all-in-one service that serves as the foundation for some of the most exciting games in Web3 today.
Several leading Web3 titles are built using Open Loot, including:
- Big Time: A free-to-play multiplayer action RPG with procedurally-generated environments
- Boss Fighters: A unique multiplayer title which sees 1 VR player take on a team of PC-based opponents
- Shatterpoint: A fast-paced mobile MOBA with skill-based gameplay and a bustling economy
- WorldShards: A stylised sandbox MMO with vast landscapes and a long journey ahead
- Moonfrost: A pixel-based farming simulator, inspired by Harvest Moon and Animal Crossing
What is the $OL token?
$OL is the ecosystem token of Open Loot, which debuted in late 2024.
Launched with no private sales, VC allocations or early unlocks for the team, the $OL token unites games that utilise Open Loot with access to shared liquidity, as well as exclusive drops, reduced marketplace fees and early access to future Open Loot-powered titles – with future staking and governance utility also in the works.
In December 2024, Open Loot announced a $150M USD Open Loot Fund, designed to support and accelerate the development of the next generation of hugely-promising blockchain games. Through this initiative, Open Loot hopes to not just offer their financial support, expertise and guidance to upcoming games, but to also build a long-term, sustainable ecosystem of Web3 games in the years to come.
Open Loot continues to add high-quality games to its roster – and with the recent announcement of a partnership with ex-EA led studio KOKODI Games, we can expect many more excellent titles over the horizon.
Learn more: https://openloot.com/
COO & founder of NFT Insider. Bullish on web3. Competitive soul.