Zai Ortiz, Visionary Entrepreneur Turned Game Creator, Joins LootMogul’s Creative and Executive Advisory Team

SANTA MONICA, Calif. and LOS ANGELES, October 31, 2022 /PRNewswire/ — Loot Mogul expands its creative and executive advisory team with the addition of a visionary entrepreneur-turned-game-maker, Zai Ortiz.

“We are blessed to have Zai Ortiz as our mentor and a creative advisor to build and evolve our next generation sports metaverse. Zai is a visionary creative entrepreneur. With a career spanning more than 20 years defined by cutting-edge technology in Hollywood visual effects and interactive game development, Zai is driven by the fusion of film, games and technology into a meta-form of entertainment. Over the past 6 months since the release of our multi-channel product, we have seen exponential growth in both users, brand engagement and meta-commerce in virtual cities (blockchain assets and NFT). We look forward to working with Zai and bringing the next level of immersive gaming and meta engagement for our community,” said Raj Rajkotia, CEO of LootMogul.

“I’m passionate about helping businesses achieve their goals through great ideas, which is why I believe LootMogul will be one of the most innovative companies of this generation,” said Zai Ortiz.

“As we continue our development of gaming experience and metaverse across multiple channels, it’s essential for us to be on all devices, including VR, mobile, augmented and virtual reality headsets like Oculus and HoloLens, etc. Zai’s past development experiences both in Hollywood and in the gaming industry will be a huge asset to all of us,” said Kuntal SampatCOO of LootMogul.

Goldman Sachs & McKinsey expects Metaverse commerce and gaming to reach over $8 trillion by 2030. LootMogul is uniquely positioned to capitalize on this opportunity with a focus on sports, commerce, and True rewards. -In-Real-Life (TIRL) for fans, athletes and brands.

About Loot Mogul

Loot Mogul is an athlete-led sports metaverse (web3 platform); powered by virtual real estate, training academies, blockchain games, metaboutiques for brands and athletes with real-life (IRL) rewards. LootMogul expands the Web3 community by bringing Web2 gamers and sports fanatics into the metaverse.

In July 2022LootMogul was competitively selected (1 of 5 companies) by the National Basketball Player Association in conjunction with the Andreessen Horowitz Cultural Leadership Fund (a16z) and Patricof Co as part of their 2022 NBPA Player Acceleration Program .

In September 2022LootMogul recently got a $200 million investment commitment of Gem Global Yield LLC SCS (GGY), part of GEM.

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