OKEx dialogue BMAN: LOOT ten points of view

  On September 14, 2021, OKEx cooperated with Bman, the founder of BeWater developer community, to explain the recent fire LOOT in-depth live broadcast, Bman said in the live broadcast: "Loot represents that we are in the middle of a big wave of paradigm shift in cold media." Here are BMAN's 10 highlights:

1.LOOT actually creates a metadata NFT, creates a metadata NFT, and creates a set of extensible, interoperable and composable NFT ecological cornerstone.

LOOT abandoned all other information, only retained the most concise 8 short sentences of information, with this set of information data to the game's basic material standardization, and then can be expanded in a variety of scenes, can be interchangeable, this is the first NFT in the true sense of the cold media.

LOOT is like a origin of the big Bang of the universe, creating a new era with 8 props and extending infinite Lo from limited metadataoT of the universe.

Dom Hofmann just wrote the beginning of a story, the dragon slayer out of the village, and then how the story develops, he only gave the dragon slayer a set of equipment, and then gave the community a possibility of infinite expansion, there are all kinds of materials, all kinds of equipment are out, even the fan culture. So LOOT is like genesis god said let there be light, he appeared the light, and then this is the first day, the second day, the third day, the fourth day, the fifth day there is community and the world to construct together.

3. McLuhan proposed the concept of hot Media and cold Media in "Understanding Media", LOOT he is essentially a cold Media.

Loot is essentially a medium with very low resolution that requires the active participation of the audience. It is different from Crypto Punks in the past.

4. From the development of NFT to today, there are three stages: from Cryptopunks-Artsity-loot, NFT has gone from hot media to cold media. We are in the big wave of blockchain and Internet transferring from hot media to cold media.

When we saw NFT1.0, Crypto Punks had been completely defined as a hot medium; when it came to ArtBlocks, the creator only created half of it; when it came to 3.0LOOT, it only created a beginning, leaving infinite imagination for the community. Including blockchain from Bitcoin to Ethereum to Defi, Internet from Web1.0 to Web2.0 to Web3.0, in fact, we are in the process of paradigm shift from hot media to cold media.

5. Cold media is interchangeable and composable, which is exactly the soul of blockchain and Web3, just as McClure said that all media are the media of other media.

Cold media can be combined and interoperable, and applications can be combined with each other and data flow with each other just like Lego. Therefore, LOOT created a paradigm that NFT can be combined and interoperable, which opened a new era of NFT.

6. Media = media = technology, and technological innovation often comes from media innovation. Uniswap's is a new medium, through the birth of AMM, spawned the species explosion of DeFi.

The birth of Loot will also give birth to the big explosion of NFT ecology, because the birth of Loot is actually the first step to build the universe, write down the first pen, there will be more and more new species explosion, and Loot to today less than 20 days, there have been a lot of new things born.

7.LOOT created a new paradigm of grouping words, quickly organized a huge DAO with the concept of meta-universe data, ignited the global developer community to become the natives of LOOT universe development.

LOOT he is using a concept, has attracted vast amounts of some developers around the world, formed a autonomous organization to center, with a concept, is like a religion, a religious leader, to shout out a concept, then audience rise up, please come to speakers, like the native to the western United States on its soil. So LOOT gives us inspiration, he can create a new paradigm of social organization. The past all the games are not like this game, I can do is an idea, let's do this game with me and you see all games in the past, is define the character's framework character is completed, and then write died, and the emergence of LOOT with an idea to create a new community, this is a new organization and paradigm, Even a religious paradigm.

Dom Hofmann created LOOT, actually from his belief that the most valuable thing about Web3 is itemization of data and content. He created Blitmap and LOOT according to this philosophy, both of which are cold media in the world.

Dom Hofmann has a deep thought behind LOOT, and everything he does comes from his belief that the most valuable thing about Web3.0 is itemization of data and content, so my first piece of advice to any developer who wants to do anything in Web3 today is to say, To do the cold media in Web3.0, can be combined with each other, can circulate with each other, data can share a cold media component, he can not be too big, he can even small such a small component as LOOT, but he has infinite possibilities, he is a universal key can be inserted in any place.

Welcome to have some of these ideAR developers talk to our Bewate community.

9. The birth of Loot will also change the way games are distributed.Loot has a community consensus and reverse customization of game manufacturers, creating games in the C2M mode, from top to bottom to top.

What does C2M mode mean? At present, there are some C2M models in the consumption field, such as Pinduoduo. Firstly, pinduoduo users are gathered, and then pinduoduo users' demands are reversely used to request manufacturers to customize my products. For example, I want to customize a mask with a dog's head. So that's how LOOT was born. I now have 8,000 LOOT users, a huge consensus, even a huge community, I now have so many communities, do you want to make games for our community? So LOOT changed the way games were published. He changed the distribution from manufacturer to user, to user to manufacturer.

10. Three weeks after the birth of Loot, the market has gradually cooled down from hot to normal, Loot value support lies in Loot ecology how many experience valuable games, financial scenes.

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