Big Time Studios, a player in Web3 gaming and the creator of Big Time, has unveiled its newest product: the OL token.

With the Open Loot platform already handling nearly $500 million in transactions, the introduction of OL sets the stage for a new era of engagement, rewarding the very players and developers who fuel its success.

A Token for Engagement, Not Speculation

Unlike traditional token launches, which take a fundraising-heavy approach, Big Time Studios is flipping the narrative. The OL is designed to prioritize the community above all. By rewarding activity and participation, OL becomes a tool for empowerment rather than speculation. This shift reflects the company’s commitment to reshaping how tokens integrate into gaming ecosystems.

Players can earn OL through meaningful interactions, such as completing in-game challenges or participating in special platform events. Once earned, these tokens open doors to benefits such as early access, special NFT opportunities, and in-game rewards. The system ensures that loyalty and engagement directly translate into tangible advantages.

“Just saw a little glimpse via private demo of what the guys @playbigtime are building, lets just say things are looking TOP TIER. Blown away by the level of detail top to bottom. Can’t wait for more,” said one X user.

For developers, OL serves as a bridge to deeper player relationships. Studios can use the token to reward milestones, enhance limited-time events, or craft targeted incentives that boost engagement. This dynamic makes $OL a tool for attracting players and keeping them invested in the ecosystem for the long term.

The launch of OL departs from traditional token models. No tokens are pre-sold, allocated to teams, or reserved for early investors. Instead, the entire distribution relies on community involvement, ensuring fairness and accessibility. This structure reinforces the token’s core mission: to give back to the community that feeds it.

Big Time Studios integrates OL into the Open Loot platform, which has already simplified blockchain gaming for a global audience. The platform’s patented Vault technology removes the usual hurdles of Web3 gaming, such as high gas fees or complex wallet connections. Players can buy, sell, and mint NFTs or explore options like NFT rentals and currency marketplaces. These features make blockchain gaming approachable for both seasoned enthusiasts and newcomers.

The Open Loot ecosystem has seen explosive growth in 2024, with millions of NFTs exchanged and crafted by an active player base. The platform supports a roster of standout titles, including World Shards and The Desolation, each offering distinct gameplay experiences.

The launch of OL marks a new chapter for Big Time Studios. Their idea is that by centering the token around active participation and rewarding its community, they contest traditional token models. As OL integrates further into the Open Loot ecosystem, it hopes to reshape the relationship between players, developers, and digital assets.

President-elect Donald Trump is discussing pro-crypto personnel appointments with Brian Armstrong, CEO of Coinbase. His social media firm, Trump Media, is also in talks to purchase Bakkt, a crypto exchange.

Bakkt’s stock price shot up dramatically since these talks, and Armstrong previously recommended that Trump appoint “Crypto Mom” Hester Peirce as the new SEC Chair.

Trump, Bakkt, and Armstrong

Trump Media, the President-elect’s social media and technology company, is currently in talks to purchase Bakkt, a crypto exchange. Bakkt’s prominence in the industry peaked years ago, and was subsequently described as a “marginal player in the space.” Earlier this year, it publicly considered sale or breakup options. Since this offer, however, its stock price has soared.

Although Donald Trump has been pursuing a comprehensive set of pro-crypto changes to US institutions, these actions fall under his political career. As a businessman and private citizen, his interest hasn’t extended to crypto investments since the lackluster presale of World Liberty Financial (WLFI). A Bakkt purchase could bring Trump fresh skin in the game.

However, the world of crypto exchanges is touching his policy outlook at the same time. Specifically, Coinbase CEO and Founder Brian Armstrong is also meeting with the President-elect today. Armstrong and Trump are reportedly discussing personnel appointments for the upcoming administration.

A clear industry insider, Armstrong has a vested interest in friendly policy outcomes for crypto. Throughout the election cycle, Coinbase spent tens of millions boosting pro-crypto candidates at multiple levels. Since Trump’s victory, Armstrong has made several supportive comments, praising Elon Musk’s D.O.G.E. and suggesting a new post-Gensler SEC Chair:

“Hester Peirce would be the best choice. Smart, fair, professional. Can work with both sides,” Armstrong claimed.

“Crypto Mom” Hester Peirce is one of the five sitting SEC Commissioners, and one of two appointed by Trump. Gensler’s impending ouster has sparked a flurry of prediction market speculation about who will succeed him. If Armstrong has not changed his opinion since originally recommending her, these talks could substantially increase Peirce’s chances.