# Chain Gaming Project [Open Loot] (OL) Launches on Major Platform! Celebration Event Kicks Off, Hype Soars!

**Published by:** [Evelynwe](https://paragraph.com/@-evelynwe/)
**Published on:** 2025-06-09
**Categories:** ol, alaph
**URL:** https://paragraph.com/@-evelynwe/chain-gaming-project-%5Bopen-loot%5D-ol-launches-on-major-platform-celebration-event-kicks-off-hype-soars

## Content

Latest Updates on Open Loot Open Loot (OL) is now live on BN Alpha Beta. Eligible users with at least 233 BN Alpha points can claim an airdrop of 1,836 OL tokens starting from June 8, 2025, at 06:00 UTC on the Alpha event page. Note that claiming OL will deduct 15 BN Alpha points. Users must confirm their claim on the Alpha event page within 24 hours; otherwise, the opportunity will be forfeited.Introduction to Open Loot Open Loot is an end-to-end solution for launching games with Web3 economies. It handles NFT integration and management for partners while offering players a seamless experience. ![Image] Open Loot Economic Model ![Image] The total supply of OL is fixed at 5 billion tokens, with a community-centric allocation plan as follows:User Incentives (50%): Rewards for players and support for game developers to boost platform engagement.Market & Community (20%): Includes early user incentives (OLRP) to drive platform growth and adoption.Ecosystem Reserve (30%): Dedicated to long-term development, liquidity support, and platform sustainability.How Open Loot Works ![Image] For Developers Open Loot provides game developers with a full-stack blockchain economy integration, covering minting, distribution, and management. It eliminates technical barriers, enabling effortless crypto integration into games. Interactive Marketplace The platform features a versatile marketplace where players can trade Open Loot NFTs, ensuring global accessibility and ease of interaction. Proprietary Vault Technology Open Loot’s patented Vault technology simplifies on-chain asset management for players. Its real-time settlement system bypasses traditional blockchain complexities, delivering a smoother experience. Marketing & Ecosystem Support The platform offers developer services, including collaborations with top content creators, tailored launch strategies, and community AMAs to foster player engagement and ecosystem growth.The Open Loot Team ![Image] ![Image] Ari Meilich, founder and former CEO of Decentraland, later established NFT gaming studio Big Time Studios and now serves as CEO of Open Loot. ![Image] Stanley is Open Loot’s Chief Product Manager.Open Loot Summary Open Loot’s cutting-edge architecture offers unique advantages for the gaming industry, seamlessly bridging traditional internet users and blockchain adopters. It provides developers with a one-stop solution, from game listing to technical maintenance. Following the success of Big Time, Decentraland has also demonstrated significant potential in blockchain applications.

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