The full metaverse experience is currently the longing of most blockchain enthusiasts. It includes nearly real interaction in a fantasy world, where users can live breathtaking adventures. Lootverse is being developed to allow its citizens to do all that and more. Lootizens can unleash their imagination and bring their skill set into play to create the reality they want.
Early adopters of this parallel world are embracing the idea. Engineers, lawyers, programmers, real state entrepreneurs, and hundreds of players from all professional backgrounds are joining the Lootian community to develop the bases of this new universe.
Many of those are becoming world builders, creating the initial urban centers and residential areas for future visitors and residents. At the same time, some have a clear goal of establishing disruptive businesses operating directly from their virtual property. The Lootian Foundation has already begun to issue commercial licenses to allow these new services to start their operation.
The first one is Lootnance, an in-world exchange that offers safe, fast, and user-friendly financial transactions. Through its system, Lootizens can exchange their Earthian currency for in-world Credits, to buy Lootian Tickets (LTT), the monetary unit powering the entire ecosystem.
Other authorized partners are building their systems to launch over the coming weeks. Heavenly Developments, for example, will offer the design and construction of buildings for visionary Lootizens to live, rent or put up for sale in the future. On the other hand, Origins will act on the land’s storytelling, helping residents create NFT stories to mint on their properties and building an immersive experience through multimedia digital art.
Portal operators are fueling the in-world economy, researching and developing practical solutions for the new lifestyle in the metaverse. These pioneers are shaping the future of retail, financial services, construction, marketing, art, engineering, and many other industries.
Have you ever imagined becoming a businessperson in a parallel fantasy world? So, wait no more and deep dive into this personalized guide for portal operators of Lootverse.
Real Business in a Virtual Reality
You will see incredible things happening in Lootverse. Through the new interactive map, users will search for the service they need and easily find the business location. Then, they will be able to access the slider with all information about the company and take quick actions related to the service, such as buying LTT, buying advertising, visiting the website, and many more. In the future, users may access the world by clicking on the plot pin and enhance their experience with VR, AR, and MR applications that have the potential to be integrated into the world in a later stage, allowing the seamless bridge between the physical and digital worlds.
Imagine entering a brick-and-mortar store and using an XR device to access products that are only available for Lootizens like you. That is the next generation of commerce. Portal operators can provide a myriad of services and activities, including play-to-earn games, to benefit the metaverse’s fast-growing population, and get paid in Lootian Tickets ($LTT) or Credits (USDC).
Read more about $LTT, LTT, Credits, and BUN here.
Basic Rules You Should Know
As a realistic virtual world designed for grown-ups, Lootverse works similarly to real-life. Portal operators of this universe need a business license (NFT) to start their activities. Likewise, the enterprise must have a Lootizen as a formal responsible party, a name (followed by LALL, Lootian Association Limited by Liability), and a unit from one of the buildings in this world to register as its official address.
If approved, the business license will be tagged to that specific unit which cannot be sold until the license is moved to another address or the business portal finish its activities. Although licenses are not tradable, their owner can be replaced as long as the new person in charge of the business has passed a KYC check.
Portal operators interested in starting their journey should submit a business plan for approval. The plan must include a basic description of the business and the required integrations to enable technical developments and future services. Interested companies must contact a Loot NFT staff by sending a Private Message to Support in the Lootfeed Chat, directly from the map.
There are no limits about the type or nature of businesses to be subject to approval. The only restriction is about offensive content or service that threatens the reputation of our world. Once the license is authorized and issued, the portal operator is granted access to API keys to authenticate and build extensions to Lootverse. All documents are notarized by Talos, our Ethereum-based permissioned blockchain that supports Lootverse’s growth and scale.
Are You Ready?
This world is rapidly evolving to become a metaverse with a substantial internal economy and GDP that benefits all Lootizens. Loot NFT has been successful in developing this ecosystem collectively with the Lootian community. If you are also interested in building the foundation of this unimaginable reality, this might be the best way and time to hop on the challenge.