Big Time Studios launches $150M Open Loot Fund for Web3 gaming

Big Time Studios announces a $150 million Open Loot Fund to propel Web3 gaming on the Open Loot platform.

Big Time Studios wants to empower game studios leveraging the Open Loot platform. This fund provides financial backing, marketing expertise, and development support to enable studios to create high-quality crypto games.

Open Loot is a distribution platform that enables game studios to reach an established audience of 1.5 million registered players.

With its software development kit (SDK), studios can mint and distribute crypto assets, enriching gameplay with unique digital collectibles and currencies. Open Loot also features the $OL token, fostering community growth by rewarding players and developers. The platform has recently facilitated nearly half a billion dollars in transaction volume.

Inspired by the success of its flagship game, the action role-playing game Big Time, the company is reinvesting $150 million to support professional studios and nurture the next wave of ...