# Loot Project: the first community owned NFT gaming platform | The Coinbase Blog

<https://blog.coinbase.com/loot-project-the-first-community-owned-nft-gaming-platform-125fa1d5ffa8?source=rss----c114225aeaf7---4>

- Host: [blog.coinbase.com](https://links.thingelstad.xyz/hosts/blog.coinbase.com/)
- Saved: September 16, 2021 (2021-09-17T02:51:26Z)
- Record: https://links.thingelstad.xyz/links/48adab1da6e7/
- JSON: https://links.thingelstad.xyz/links/48adab1da6e7.json

## What Jamie wrote

[Loot](https://www.lootproject.com) makes your head hurt a bit. Imagine creating a very detailed component of a fictional world, that leaves the vast majority undefined, and then leaving it to others to build around. 

> Similarly, Loot and its 8,000 NFTs can serve as the foundation of an entire gaming metaverse. The ideal end state being an entire ecosystem of games where Loot items like the Divine Robe of the Fox serve different functions: think Dungeons & Dragons in the metaverse. Whoever builds something on top of Loot NFTs can determine the function served by a given item.
> 
> By building the foundation of a game, without building a game itself, Loot leaves its fate in the hands of a decentralized community. Whether or not one thinks it will be successful, it’s an intriguing idea to many.

When folks talk about decentralized approaches, this is probably what it looks like. In a way, it is very organic, generative, almost biological and evolutionary. Such a different ecosystem than your typical approach.

## Facts

- Kind: [Page](https://links.thingelstad.xyz/kinds/page/)

## Appears in

- [WT195: Weekly Thing #195 / Privacy, Loot, Minus](https://weekly.thingelstad.com/archive/195/), Notable

## Same host

- [The Coinbase Ventures Guide to NFTs by Coinbase | The Coinbase Blog](https://links.thingelstad.xyz/links/24fa85a9d532/) (blog.coinbase.com, October 7, 2021)
- [How We Make Decisions at Coinbase | The Coinbase Blog](https://links.thingelstad.xyz/links/3e54763fc0c0/) (blog.coinbase.com, October 14, 2021)
- [Coinbase NFT is coming soon by Coinbase | The Coinbase Blog](https://links.thingelstad.xyz/links/2738e66035f1/) (blog.coinbase.com, October 14, 2021)
- [Digital Asset Policy Proposal: Safeguarding America’s Financial Leadership | The Coinbase Blog](https://links.thingelstad.xyz/links/e1ada8bc8768/) (blog.coinbase.com, October 14, 2021)
- [Give the gift of crypto this holiday season](https://links.thingelstad.xyz/links/c3af3d2fe970/) (blog.coinbase.com, December 2, 2021)

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## Elsewhere

- Wayback Machine: https://web.archive.org/web/*/https://blog.coinbase.com/loot-project-the-first-community-owned-nft-gaming-platform-125fa1d5ffa8?source=rss----c114225aeaf7---4