The first of its kind, CoinsLoot is a blockchain-based decentralized platform that enables users to purchase loot boxes using USDT, an ERC-20 token to reveal a reward.
The mechanism is similar to the swap mechanism available on popular exchanges, however, CoinsLoot has added fun and entertainment to it while allowing users to get preferred cryptos as well as diversify their portfolio in the process.
One of the motivating factors of launching CoinsLoot was to add excitement to the process of trading and investing in crypto.
Gamifying crypto with a reward-based system ensures people have fun trading while possibly getting free crypto and/or real-world items. Vitally, CoinsLoot wants to involve everyone in this fun experience. That’s why it goes beyond crypto to include items like laptops, smartphones, Netflix subscriptions, sneakers and headphones are among the list of items users can expect to get on its platform.
CoinsLoot is powered by its native LOOT Token, which operates through a decentralized platform. This makes it both largely immune to external pressures and highly transparent. Decentralized applications (DApps) offer a heightened level of trust and safety for consumers, reflecting CoinsLoot’s core values.
Designed by a successful team of experts in the space and bolstered by its partnership with specialists at CoinCasso, CoinsLoot is bringing the world’s first crypto loot boxes to the global stage.
