Posted by rgmekanic 6:46 PM (CDT)
Monday June 11, 2018
I have stopped facepalming long enough to tell you that Newswire.ca is reporting that the upcoming game, Dungeon Defenders II, will feature a new form of monetization called Loot. Now that the shock from how clever that name is has passed, I can tell you that Loot, is a blockchain protocol, and crypto-asset, but instead of being generated by hardware and mining, Loot compares player performance within games to generate a new crypto-asset using a "proof of skill mechanism." Dungeon Defenders II is a third-person action-strategy game with some RPG elements. Thanks to @cageymaru for the story.
Loot is the blockchain protocol and crypto-asset for the gaming industry. It employs a unique patent-pending proof of skill mechanism, which harnesses the effort and skill that gamers expend to create new tokens through gameplay. Loot effectively opens up a new entry point to the crypto economy for the entire gaming industry, allowing game publishers and developers to share wealth with players without sacrificing any existing revenue generation.