Lootbox System

In the Boxd.sol ecosystem, loot boxes are NFTs, offering a distinct trading opportunity on the secondary market. This innovative feature allows holders to either trade or sell these loot boxes unopened, speculating on their potential value based on the rarity and desirability of the contents. Alternatively, they can choose to hold onto them throughout additional seasons, with scarcity increasing as time passes.

Loot boxes can be acquired through our unique "spin the wheel" mechanism, where users redeem $BOX tokens for a chance to win a box from any tier. This system adds an element of excitement and surprise, as users have the opportunity to win high-tier loot boxes regardless of the number of tokens spent.

This dynamic creates a multifaceted market, where participants can engage in diverse strategies, from the thrill of revealing unknown contents to strategically trading the boxes as sealed assets. The tradability of loot boxes thus enriches the Boxd ecosystem, introducing an exciting layer of strategy and a community-driven economic environment.