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The New Gold Rush (Ep. 8)

Gamecraft

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Team Fortress 2 - The First Major Loot Box

The early cosmetic items that were introduced, it was actually initially hats, they were all really just random through pure grind. The real unlock for them wasn't until 2010 when Team Fortress 2 introduces the first major loot box. That sort of changed everything because then the entire economy was exposed and you started to see players jumping in with really rare hats. Valve introduced in Steam a peer-to-peer trading system, and that's when things really start to take off.

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