What is OPENLOOT?

Open Loot is a Web3 gaming distribution platform and marketplace that addresses various challenges faced by crypto games, including growth, user experience, scalability, payments, and compliance. The platform handles the infrastructure, along with sales and rentals of both crypto and non-crypto items, particularly for the game Big Time.

The native token, $OL, is intended to create value within the platform by providing benefits to Open Loot users. This includes opportunities for better deals in the marketplace and additional rewards while engaging in games. Specific details regarding the token's supply cap and governance model are not provided in the source.