LootGO

Screenshots

Problem Statement

⭐️Problem / Background Crypto, especially memecoins, offers the potential for massive returns, but significant barriers prevent mass adoption. These include:Tech Barriers: Wallet setup, on-ramping, and high transaction fees are daunting for new users.Complex User Experience: Most crypto apps are designed for tech-savvy users, not everyday people.Pay-to-Play Model: Many crypto games require upfront payments, alienating casual users.This results in crypto missing a large speculative entertainment market and make it hard to onboard new users.⭐️Product Overview LootGO transforms daily life into a treasure hunt for memecoins, combining proven Web2 gameplay with Web3 rewards.Features: Walk and Earn: Collect loot boxes by walking (e.g., step goals or specific locations). Open Loot Boxes: Earn random memecoins for free. Build Your Portfolio: Start creating and trading your crypto portfolio seamlessly.LootGO ensures: Free-to-Play onboarding. Embedded wallets for smooth user experience. The excitement of speculation through diversified memecoin rewards.Differentiation: Unlike speculative move-to-earn apps, LootGO acts as a platform offering access to multiple speculative assets. Diversification mitigates dependency on single token prices, fostering sustained user engagement.Progression: LootGO hooks users through free rewards, engages them with portfolio growth (2x-10x potential), and monetizes through trading fees and top-ups.

Solution

OverviewLootGO is built to ensure a seamless, scalable, and user-friendly experience for mass consumers.Contract for Airdrop tokens from loot boxesWe deploy contracts to distribute memecoins via airdrops. We also deploy testnet memecoin tokens too, so we can allow users to test the app's features without financial risk.Swapping IntegrationLootGO integrates with 1inch, a leading decentralized exchange aggregator. This enables seamless token swaps, allowing users to trade their memecoins without leaving the app.Price Data / Token DataPyth NetworkPyth provides real-time asset price data for memecoins, ensuring users can track the value of their portfolio accurately and transparently.BlockscoutBlockscout serves as a source to get the token metadata.Wallet SolutionLootGO employs Dynamic as the embedded wallet provider to ensure a frictionless experience:Embedded Wallets: Users can create and manage wallets without needing external wallet apps, making it accessible to non-crypto users.Silent Transactions: Transactions occur seamlessly in the background, reducing user friction and complexity.Onramp: We use Base Onramp kit, to make non-crypto users kickstart the trading.