BAYC to the left, Loot to the right: Explore the ecological development of the "NFT New Paradigm" Loot after eight months of its birth
Author: Hill, SevenX Ventures
This article is for learning and communication only, and does not constitute any investment reference.
This article is for learning and communication only, and does not constitute any investment reference.
Interested parties: Hill, a member of the SevenX investment team, participatedLootcommunity governance, and proposed AGLD's economic system together with SevenX founding partner Eraser. (Proposal link）
In the past month, the hot spots in the entire NFT market seem to be concentrated on BAYC and Yuga Labs behind it, whether it is forCryptoPunks and Meebits, the two leading blue chips in the PFP market, and the launch of ApeCoin have made this project, which was born less than a year ago, successfully become the center of the topic. Version Disney" expectations.
In a Pitch Deck widely circulated among investors, Yuga Labs revealed that it is building a game-centric metaverse called MetaPRG. While expanding the BAYC world, it will also cooperate with a large number of otherNFTcompatible. This path of evolution from NFT to a game-centric metaverse reminds people of the name that set off a frenzy in the NFT market in August last year—Loot.
From the moment it was born, Loot has been labeled with various labels, "NFT's social experiment" and "NFT's paradigm revolution"... Loot embodies a seemingly abstract way. The self-cultivation of the underlying infrastructure that wants to give birth to the Metaverse, that is, Loot is not a finished work, but a more open building block, which makes it possible for NFT to realize the stacking of Lego blocks. If BAYC relies on the strong operation and synergistic effect of the IP group to complete the evolution on the metaverse chain, then the support of Loot is to fully delegate the rights to the community and leave room for imagination.
The core point of this article:
The core point of this article:
cryptocurrencycryptocurrencyfirst level title
A timeline about Loot
Loot is a collaborative media project that aims to create a decentralized, infinitely expanding sci-fi universe rich in stories, games, and multimedia. Loot is a collection of NFT items, games, art, stories and multimedia supported by an active community of players, builders, artists, writers and creators.
It has been 8 months since founder dom (@dhof) officially tweeted Loot's introduction on August 28th last year. Here, we divide the development of Loot so far into 5 stages as shown in the figure:
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Original Loot (OG Loot): 8,000 NFTs released by dom on August 28, 2021
storagestorageon the blockchain. Statistics, images, and other features are intentionally omitted for interpretation by others. Please feel free to use Loot in any way you want.
According to NFTGO data, there are currently 2,563 native Loot holders, and the floor price is 1.55ETHimage description
(Data from: https://nftgo.io/)
EthereumEthereumThe MetaData in Loot format that can be generated by the address is also published by dom
Synthetic Loot is not an NFT, it is not transferable, and no community has yet created a usage scenario for it.
Branch 2, More Loot: an NFT in the Loot format of unlimited Mint released by dom on September 4, 2021
It can be minted at 1/10 of the current Ethereum block generation speed, the upper limit is about 1.5M, and now it has been mint about 130,000.
Branch 3, Genesis Loot: Genesis Adventurer, an NFT initiated by Loot core community member timshel to decrypt and reconstruct Loot's MetaData
Imagine that the gear described by Loot is all dropped and lost/scattered by the Genesis Adventurer. Because it is necessary to disassemble Mint for the equipment in Loot and then reassemble Mint, the production process involves cooperation among community members, with a total of 2,540 pieces.
A brief summary of the progress timeline of Genesis Adventurer is as follows:
contractcontractThe hidden information behind it, including the various traits, the code association behind various of
Issue Genesis Adventurer
Access to Loot exchange transactions, access to LootSwag for visualization
Issue ATIME tokens to travel back and forth in the timeline of the Loot story, looking for the lost NFT (Mana)
and DivineDAOCollaborate to write stories before and after the Loot timeline
Access to various ecological projects, and enter Loot's usage scenarios with the same status as Loot
Rift (Completed)
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HyperLoot
Loot explorer
The Crypt
Loot's Metaverse Narrative
decentralizeddecentralizedA story of action and collaboration to build the world.
The meta timeline of Lootverse is divided into 5 parts:
Before Genesis: The Unknown Past—The Distant Past
Unlimited time and creative space for storytellers and builders
Genesis (cycle 1) — Earliest known history
Genesis represents the earliest recorded history of the Lootverse, and while its history is incomplete, legends, myths, and stories have been passed down from generation to generation.
Age of Exploration (Cycle 2) - Past
1000 years of limitless creative space for builders and storytellers building games and art
The details of the era of exploration are still unknown, but we've seen scars on objects and heard stories and myths passed down from generation to generation, where legend and truth are mixed.
The Mist (Interlude) - We enter a quiet time in the Lootverse
1000 years of limitless creative space for builders and storytellers working in this foggy age
Age of Adventure (Cycle 3) - Present and Future
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Lootverse panorama
Art category: NFT visualization, works of art that can be cast with NFT
HyperLoot
HyperLoot is the second-layer visual building block above Loot. It is a 2D & 3D character image based on the items in Loot, MLoot or Genesis Adventurer package. The CC0 permission is completely open. Every HyperLoot can enter the Hyperverse.
Loot Explorers
Loot Explorers is a 2D character image based on Loo equipment, a total of 8000 unique explorer characters, they have their own unique level. Loot Explorers is a fun fusion of art, community, and RPG-style story with game-inspired elements. The developers said they weren't focused on creating a game or a PFP art-type project, but instead focused on creating a new world within the Loot timeline.
The Rift
DerivativesDerivativesCreates a bridge between the Loot bags that play & interact with it, increasing the value of the most active bags while keeping doors open for inactive bags.
Rings(for Loot)
There are 8,000 3D ring images in Lootverse, each corresponding to a Loot Bag. Rings(for Loot) come in four rarity tiers: Common, Epic, Legendary, and Mythical.
Loot Larp
Loot larp created 3D NFT gear for the first live-action RPG event based on the Loot ecosystem at NFT.NYC in 2022.
Lootswag
Loot Swag provides the community with the service of customizing the avatar of Loot through the skin, which is suitable for the owners of Loot/Mloot/Synthetic Loot, which can be simply understood as a QQ show. Loot Swag will continue to introduce more skins, and people can try different combinations of skins without changing the base Loot bags. (If there are two sets of skins, the total possible combinations are 2^8).
M3taLoot
M3taloot is an open and remixable 3D loot asset library for avatar and game development. They wanted to create a collection of interoperable wearable devices that would unite the 3D avatar community and platform.
Lootpunk
games
games
Quest
Simply put, quest is a game of killing dragons with Loot equipment. Along the way, players will earn trophies and meet new friends in the form of NFTs. Quest expects Loot, mLoot and fragments of the Lootverse & other metaverses to be used more.
The Crypt
The Crypt is a massively multiplayer series where participants use Loot and mLoot to work together to raid dungeons for loot. The timeline of The Crypt's progress so far can be briefly summarized as follows:
Build a game where players collaborate and release it chapter by chapter
Started by simply attacking the dungeon with Loot, and received warm welcome from the community. The dungeon that was originally scheduled to take several months to complete was completed in 15 minutes
Added support for mLoot, hopefully more players can participate
Continue to design a series of other games that allow players to cooperate
Avenluutn
Avenluutn is a text adventure RPG story game. Each season, adventurers seek out quests, and the stories of their adventures are forever recorded in the pages of the guild journal, where patrons can engrave their names by becoming sponsors.
Realms/ BibliothecaDAO
At first, Realms was a derivative of Loot bag, and the initial issued assets were 8,000 NFT plots. Later, with the addition of Bibliotheca, it began to evolve with an open source and permissionless game ecosystem. At this stage, the official description of itself is as follows: Realms is an open source massively multiplayer on-chain composable game (MMOCCG, Massively Multiplayer On-ChainComposableGame). Realms are the landowners of this world, and they are the main productive assets that continue to inject liquidity into the ever-expanding Lootverse. They wage war on resources, make alliances (and break them) through an on-chain raid and loot game called 'Settling'. Each realm contains a combination of 22 different resources found so far in the Lootverse, and has a varying number of characteristics; districts, cities, rivers and ports. There are 50 mythical wonders spread across the realms, such as the Chaos Pantheon, Azure Reliquary, and Altar of Providence. The progress timeline of Realms so far can be briefly summarized as follows:
As a derivative, issue map NFT
Issue Lords tokens, pledge NFT to get Lords, and drive the floor price to rise
Announced that both NFT and Lords tokens will be migrated to starknet. In the future, games will be launched on starknet. Playing games can obtain resources generated in different regions, which will be traded on AMM on starknet. The NFT market on StarkNet will also be built
Draw a visual map, players can freely browse the whole picture of realms after they are all put together, and it is convenient to view their own plots and neighbor resources atlas.bibliothecadao.xyz
Access to crypts & caverns, you can see that there are multiple C&Cs distributed on a plot, each with different attributes and resources
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map class
Crypts & Caverns
smart contractsmart contractThe on-chain dungeon map generated in , supports 2D, 3D and text-based representations. Each map is randomized with a set of probabilities for various aspects of the map. For example, a dungeon has a 70% chance of being a "room-based" dungeon (meaning a series of square rooms connected by corridors), and a map has a 30% chance of being a "cave-based" dungeon (meaning a series of corridor into the wall).
These maps are the smallest "Lego" that can be used to build adventures and games, some possible use cases are:
Maps can be linked together with spawn points (think of these as "links" between web pages) to form a more persistent world.
Maps can be linked with larger "world maps" (such as realms) to provide structured exploration and adventure in small spaces.
Maps may place encounters (enemies, spawn points, NPCs, etc.) on top of a 2D grid, and may also be generated/rendered on-chain and allow for fully procedural game content.
Maps can be queried, for example to allow a game designer to select a map with two or more doors.
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Infrastructure
DAO
Divine City（DivineDAO）
Similar to FWB (Friends with Benefits), writers, artists, and builders work together to build the storyline of the Lootverse.
Banners
Banners is a community-oriented social layer. Through the pennant/flag NFT, it embodies itself as the faction represented by the characters in Lootverse and the goals pursued.
In addition, the rare traits of Loot have also formed their own Discord groups to discuss how to empower the Loot of their own traits.
Non-NFT Tokens
AGLD
governancegovernanceA community is soulless. After the birth of Loot, a project called Adventure Gold airdropped 10,000 AGLD tokens to each Ethereum address holding a Loot bag, and gave it the role of governance token. AGLD tokens have a total supply of 70,170,001 and a market cap of over $1.4 billion.
LORDS
LORDS is the native token of the Realmverse and can be used to: buy NFTs on the StarkNet marketplace; trade resources on the game’s AMM (Automated Market Maker); buy in-game assets. The total supply of LORDS tokens is 50,900,000.00, and the market value is about 20 million US dollars.
DIVINE
The system token of DivineDAO. To join DivineDAO, you need to hold at least 800 $Divine. The total supply of DIVINE tokens is 110,400,000, and the market cap is approximately $1 million.
ATIME
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NFT exchange
Loot Exchange
The zero-fee exchange built by the Loot community supports the transactions of Loot, mLoot and Genesis Loot.
Levee
The NFT exchange established by the core developers of Loot Exchange supports the transaction of more than 250 NFTs, and supports the mechanism of floor pending order incentives for specific traits of NFT categories.
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solutionsolution
StarkNet
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Three Outlooks and Three Opportunities
Regarding the future outlook of Loot, we think there are three points to watch:
First, the impetus for the three core project forms
1. Genesis Adventurer: The Loot core community led by Timshel continues to empower Gloot/GA with community project scenarios. Many derivative projects in the Loot ecosystem already support the casting of both OG Loot and Genesis Loot.
The community members of Genesis Loot are highly overlapped with those of other projects in the Loot ecosystem. At the same time, in view of the fact that Genesis Loot appeared earlier on the Lootverse story timeline, casting a Genesis Loot requires the cooperation of community members. Compared with obtaining Loot, the cost of funds and time is higher, and it is correspondingly rarer. Being closer to the image of the character than the equipment package gives Genesis Loot a better chance to participate in the games and other applications launched by the Loot ecosystem in the future.
2. DivineDAO: The main contribution DAO of the Lootverse storyline and timeline. The original intention of DivineDAO is to produce stories and visual media for the Loot ecosystem in the form of a collaborative content community. Now DAO members mainly output research results for the Loot ecosystem in terms of technology development, visual art and media, historical story discovery and writing, community maintenance, and economic and governance system design. Tools and storylines such as the Lore Development Kit, Genesis Scrolls Program, Tower Defense, The 16 orders of Loot, etc. have been developed and used as building blocks by the community. As the core of the community, creative brainpower provides a steady stream of knowledge and output.
3. The Bibliotheca DAO: A Loot-based game ecosystem focused on building. Based on the Realms plot, The Bibliotheca DAO then created a plot-based resource narrative and a future game roadmap. Designed the game system and economic system of MMOCCG, and also connected Crypts & Caverns. The game world created by it on SkarkNet allows Loot to roam in it, and will explain the future part of the Loot timeline through the form of the game, which is the main form of presentation recognized by the current community of the age of adventure.
Second, the economic model of AGLD
airdropairdrop, a fairly launched token project, has transformed from the Loot governance token discussed at the beginning to an economic experiment with an incentive system at its core. Its economic design has the following core points and enabling channels:
bitcoinbitcoinThe additional issuance logic of halving is 10% additional issuance in the first year, followed by halving each year, and finally close to the hard cap of 20% additional issuance.
2. Additional issuance will be given to Loot ecological NFT through non-custodial pledge. Loot and mLoot will be supported first.
Through a design similar to Universal Basic Income, the Loot ecological NFT is converted into an interest-bearing NFT, so that it has continuous income and creates a cash flow foundation for other practical scenarios in the future.
3. The sum of the rewards that can be allocated to different NFTs is determined by the average weekly market value of the NFT.
Encourage communities to continue empowering NFT, and promote healthy competition while maintaining floor prices.
4. Non-custodial staking requires weekly sign-in if the NFT is not transferred out to obtain rewards.
Promote and maintain community activity and enhance community stickiness. Create a community traffic portal and provide a channel to capture value for the high-quality Loot ecological community.
5. The bonding design similar to OHM allows people who do not hold NFT to sell NFT to the AGLD agreement.
Provide exit channels for inactive NFTs and use them centrally to avoid idle core assets.
Provide AGLD consumption scenarios to maintain revenue expectations.
Bind the interests of AGLD and Loot ecology to promote community cooperation.
Third, the economic benefits generated by the continuous accumulation of Builders
1. Loot has developed explosively from a single NFT in multiple dimensions. Other NFTs have appeared in parallel, and their respective games (treasure, realms, thecrypts, Avenluutn, etc.) have been released. The community can imagine in multiple time dimensions (such as stories before Loot appeared, designing plots and corresponding NFT economic and interactive systems). In terms of presentation methods, visualize from text to 2D to 3D, and realize the coverage from low-dimensional imaginary space to high-dimensional imaginary space. Here, Hyperloot takes the IP route and develops a visual building block, while Realms builds games and metaverse real estate narratives through land. .
2. Community projects issue their own coins, adopt different economic systems, and financialize social experiments. They are not limited to pure imagination, but endow imagination with their own value (mint NFT, claim tokens).
3. AGLD promotes the community to maintain asset value through UBI+ competitive incentives, provides development incentives, and attracts community traffic.
There are also three aspects to Loot’s future opportunities:
First, highly sticky game items generated through player collaboration.
Second, an innovative economic system that emerges through trial and error.
Third, the butterfly effect that can be connected in series in different parallel universes produced by the timeline explosion.
write at the end
write at the end
No matter what the market thinks of Loot, it can be well-deservedly called the pioneer of expanding the boundaries of NFT thought and ideology. As for what kind of metaverse Lootverse can evolve into, time will tell us the answer.
