Author: Suyash Sumaroo

CTO of Lootverse, with a huge interest in crypto, blockchains, consensus algorithms, smart contracts and NFTs.

A metaverse can be defined as an alternate world where different technologies work together to provide the user with a unique experience. Apart from the conceptual aspects of such a project, the most difficult and complex part represents the creation of the world. How do you actually build such an environment that mimics real-life in some ways but also provides new experiences and activities for users to engage in? Join this tour through the backstage of Lootverse and discover the perks and challenges of coding this fantastic parallel world. Technical Challenges Some of the most important challenges include the fact…

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We’ve just made a second release to the Lootian Map, which includes: (1) The setup of LTT OTC: This allows a miner to get a license from the government and set up their OTC store at the Fund and Lootnance. There are three (3) OTC types within Lootverse: LTT, Vendor, and Loan. Today the first of these is available, and we will be releasing the others shortly (including the X-bridge, which was redesigned for simplicity).  Note, LTT and Loan OTC attract the Lootian Levy; Vendor OTC does not. Once released, the above will create the financial piping of Lootverse to ensure…

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