LootSwap — a multi-layered crypto trading project that has three important milestones to reach. Firstly, it launches DEX on Harmony One. The two major milestones for the project - the launch of the Guild and the NFT Marketplace. LootSwap aims to be a one-stop solution from cryptocurrency to gamers.
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About Lootswap crypto exchange
Loot Swap — a DeFi project that bridges the gap between games and cryptocurrencies. The team is trying to bring art and cryptocurrency straight to the consumer, your typical gamer. LOOT tokens - the center of the ecosystem and farming is just the model that the developers have chosen to decentralize the tokens.
The creators believe Loot Swap can seamlessly connect developers and artists with players, allowing users to influence the game. LootSwap has started out as a farming platform. High emission rates were required for a more decentralized distribution of LOOT tokens. The developers believe that this will give people ample opportunity to collect tokens fairly now. While the token has limited capabilities at launch, the platform will use its own LootSwap token.
LootSwap guilds:
| 1 | LootSwap guilds - a way to expand the network and engage the community in deeper partnerships. It is also a way for the community to participate and get rewards for their efforts, regardless of their role. |
| 2 | Guilds are critical to the new dex platform and will be built into the ecosystem through contests and cross-marketing. |
| 3 | Guilds must have earned an "Official Partnership" in order to enter the High Loot Council and be eligible to participate in Guild Competitions by default. |
As the project continues to evolve, the team implements some unique ways to implement governance for the platform. The Harmony system will be used for voting with LOOT tokens, as well as experiments with the High Loot Council.
More about Loot Swap
NFTs are essential for LootSwap and its future development. The focus on the platform was the gaming industry. The specialized NFT marketplace will allow the sale of a commercial / private license. At its core, the LootSwap NFT system is a licensing platform that allows both artists and developers to focus on their hobbies seamlessly.
For more information, check out the introductory article on the Medium blog. Also, the community maintains social networks:
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