Loot Labs, founded in 2018, where we make our blockchain dreams come true, is a crowd-governed community, built by a group of passionate developers who are addicted to the blockchain technology.
Ardent expectations are held by all team members for Metaverse, which is based on NFT and tokenomics and for that, we've been dabbling in NFT trading platform, decentralized crypto IP, decentralized finance, and blockchain games, etc. We belive that current business model, built on the Internet, covers the various aspects of our lives, and the data it generates, in turn, accelerates the evolution of itself.
Compared to the Internet and Big Data, blockchain, which is open source, license-free, and interoperable, provides unlimited access and real-time synchronization to all users data.
DeFi also proves its greater commercial value than tradition financial system in open-source FT data processing and shows its infinite possibility in product form based on license-free and Legolization.
NFT is special FT with more asset types and information volume. Standardized open-source data will create more business value and derive more business models that never exist. We're able to create fascinated products based on open data on the blockchain, such as decentralized crypto IPs or NFT Avatar.
These products built on consensus-based community are beyond your imagination. There are only infrastructure and basic rules in the Web 3.0 that is based on blockchain.
Everyone is empowered to create anything, with legolized combinability, on the network without any licensed access. Any combination or modification will be synchronized in real time as on-chain data and assets are open-sourced and interoperable and that is to say, a slightest move in one part may affect the situation as a whole.
It's a world without any forward plans, what we called blockverse, rather than a game.
