(Loot Labs Press Image) A Seattle firm raised $1.5 million and launched a new platform for digital collectibles, bringing the “loot box” mechanic from video games into the NFT space.

In PS games, loot boxes can be purchased using real money or in-game currency as well. Upon opening, the player receives random items that could be cosmetic (such as skins and avatars) ...

While games such as Overwatch 2 include loot boxes that offer cosmetic items or gameplay advantages. The hugely popular EA Sports FC title features “Ultimate Team” packs, which players ...

Solana co-founder Anatoly Yakovenko stirred controversy by branding memecoins and NFTs as “digital slop,” despite the crypto ...

Loot boxes, which were removed when the game went free-to-play in 2022, faced controversy both in the United States and worldwide, and even prompted the Federal Trade Commission to host a workshop ...

The gaming pros at TheGamersJoint react to a Marvel Rivals leak teasing loot boxes and a PvE mode. ‘Unprecedented’: Trump ...

It discovered that 90% of the games had loot boxes but didn’t disclose them to players. These findings were in line with those of Leon Y Xiao, who is a video game regulation researcher at the IT ...

"Counter-Strike" raked in nearly $1 billion last year from loot boxes — cases that players can purchase containing random items of varying value — a controversial feature some regulators liken ...

Marred by loot boxes at launch, Andor has helped the shooter come roaring back With brand new hardware in hand, we’re taking a look at a couple of exciting new games, as well as some recent hits ...

Traditional loot boxes generally contain random in-game items (loot) ranging from cosmetic items like skins to "pay-to-win" items such as weapons or other in-game abilities.

Study: Loot boxes in games are enticing, but they don’t actually manipulate you into spending It is indeed possible to enjoy games without emptying your pockets May 4, 2021 - 10:34 am ...

"Loot boxes" are mystery boxes in a video game that pay out prizes or other items for in-game use. Players can earn loot boxes, but often purchase them with real-world money.