What is going on with loot crate?
The company announced that it was filing for bankruptcy protection on August 12, 2019, laying off close to half of its remaining workers in the weeks prior. The company owed more than US$30 million in debt and US$5.87 million in taxes, while its credit card processor has withheld payments to the company.
What usually comes in a loot crate?
Loot Crate is a monthly subscription “for geeks and gamers.” Loot Crate sends out licensed figures, t-shirts, home goods, and more. They send out a lot of exclusive items that you can’t buy anywhere else.
Is Loot Crate every month?
Loot Crate is a recurring monthly subscription, meaning that you will receive and be charged for crates every billing cycle unless you cancel your subscription. A 1-month plan means you get billed every month.
What comes in the otaku box?
Each Otaku Box comes with a Wall Scroll, Figure, Button (yes, a figure!) and 3-5 more anime items! Unlike other anime loot crate boxes, The Otaku Box is personalized by the subscribers, for the subscribers by a monthly anime and art vote! You’ll get to have your say in customizing The Otaku Box the way you want.
Is gacha illegal in Japan?
From a mere gambling/criminal law perspective, no relevant enforcement action in relation to loot boxes took place to date. As previously outlined, gacha mechanisms have been around in Japan since the dawn of the mobile gaming market. Nearly every Japanese free-to-play game relies heavily on loot box mechanisms.
Is gacha illegal?
Shortly after, the suggested investigation was performed and the model of complete gacha was declared illegal by the Consumer Affairs Agency, citing the Law for Preventing Unjustifiable Extras or Unexpected Benefit and Misleading Representation (不当景品類及び不当表示防止法), The Consumer Affairs Agency stated that virtual items …
Which countries have banned loot boxes?
Brazil is just one of several countries that question the nature of loot boxes. The practice has been banned in Belgium since 2018. And the United Kingdom, United States, Germany are studying to classify this mechanics as something like that.