Loot4Pay Token Utility

The Loot4Pay token will be used to pay for goods and services provided by the sellers using our marketplace, as well as for other miscellaneous purchases. Such purchases will include things like pins for offers, custom visual improvements and lottery tickets.

Eventually we will create a social network for gamers, complete with a fully functional forum and chat, where users will be able to buy emojis, special avatars etc. All of these items will be available for purchase exclusively via our token, and half tokens we get this way will also be burned every month to decrease supply. People are always looking for opportunities to distinguish themselves and online social platforms are a great outlet for such desires. Once our social network gains some steam and acquires a stable following, many of the users will want additional customization options, and we are going to provide them. The more users our platform gets, the more widespread the L4P token becomes.

We’re going to incentivize the users to deal in Loot4Pay tokens by introducing an 8-15% discount for all transactions made using the token. The L4P token will provide clear substantial value to our customers, which will naturally make it more desirable.

The lottery system will provide additional reason to buy Loot4Pay tokens. Of course, the tickets will be purchasable with the L4P token exclusively. Any participant will be able to get multiple tickets, increasing their chances of victory.

With so many incentives in place, the Loot4Pay token gains tangible value, which will be evident to all our customers.