LootMogul – Revolutionizing Sports Metauniverses

According to reports, LootMogul, a sports metauniverse company driven by artificial intelligence, has announced a fund raising on the equity crowdfunding platform Republic with a valuation of $65 million, aiming to provide a new ownership model for investors to participate. The company supports the conversion of Web2 online stores into Web3 e-commerce portals, and has also launched blockchain mini games and digital collections, with a financing target of between $25000 and $1.24 million, The financing deadline is April 25, 2023. （republic）

LootMogul started financing on Republic at a valuation of $65 million

Introduction

LootMogul is a sports metauniverse company that aims to provide a new ownership model for investors to participate through an equity crowdfunding campaign. Furthermore, it supports the conversion of Web2 online stores into Web3 e-commerce portals, and has launched blockchain mini games and digital collections. According to recent reports, the company has announced a fund raising with a valuation of $65 million on the equity crowdfunding platform Republic, with a financing target of between $25000 and $1.24 million, and a financing deadline of April 25, 2023.

Fundraising through Republic

LootMogul has taken its vision of redefining the ownership structure of Sports Metauniverses to the next level by raising funds on the crowdfunding platform Republic. The business has introduced a crowdfunding campaign to ensure that, at the start of the venture, investors can participate actively. It aims to raise funds between a whopping $25,000 to $1.24 million with a valuation of $65 million, making it more attractive to potential investors.
The equity crowdfunding venture, introduced by the US JOBS act, is used to raise funds by providing equity or ownership stakes to investors. Its primary function is to democratize retail investing, allowing ordinary investors to access previously exclusive investment opportunities to sell online. By launching the campaign, Lootmogul aims to allow everyone, including small investors, to buy an equity stake in the firm, giving them a say in key decision-making.

A New Ownership Model

LootMogul is offering a new ownership model in the arena of sports metauniverse, which aims to revolutionize the way we see sports. Sports metauniverses are e-sports that incorporate elements of the metaverse. They allow players to participate in simulated environments using virtual reality or augmented reality technology. The sports-themed metaverse takes this concept a step further, allowing sports enthusiasts to experience sports simulations in a realistic and exciting new way.

Converting Web2 to Web3 E-commerce Portals

LootMogul supports the conversion of Web2 online stores to Web3 e-commerce portals. The world of Web3 includes technologies such as Blockchain, virtual currencies, and Cryptography, which offer a decentralized ecosystem. This ensures that internet-users can participate without centralized authorities or intermediaries. The company aims to integrate blockchain into sports metauniverses, enabling secure payments and flexible exchange of value. Various individuals are not currently involved due to trust and weak security issues. The switch to Web3 will solve this problem to a greater extent.

Blockchain Mini Games and Digital Collections

LootMogul has also launched blockchain mini games and digital collections that operate on a decentralized platform. Mini games combine the excitement of gaming with the transparent, secure, and immutable technology of blockchain. The players’ items, actions, and token generation can be tracked and controlled in real-time. Digital collections, using blockchain technology, provide a secure medium for exchanging value while ensuring ownership and scarcity of the assets.

Conclusion

Lootmogul is at the forefront of developing and expanding the Sports Metauniverse domain. Its innovative crowdfunding campaign allows for small investors to invest and take ownership in what will be a fundamental change in the way we experience sports media. Its vision of converting Web2 to Web3 online stores can potentially revolutionize e-commerce. By launching blockchain mini games and digital collections, the company is proving its commitment to revolutionizing the world of sports metauniverses.

FAQs

Q: What is LootMogul?

A: LootMogul is a sports metauniverse company aimed at introducing a new ownership model for the investors to participate.

Q: What is the fundraising target and deadline?

A: LootMogul aims to raise funds between $25,000 and $1.24 million, with a valuation of $65 million, on Republic platform. The financing deadline is April 25, 2023.

Q: What are digital collections?

A: Digital collections aim to follow the concept of blockchain technology that provides secure means for exchanging value while ensuring ownership and collectibility of assets.