Borderlands Red Loot Chest

This loot chest from Borderlands is based on the original design from the first game and I modelled it directly from the "Ultimate Loot Chest" Edition of the collectible for Borderlands 2 (it's confusing that the design is from Borderlands 1) so it's visually very accurate. I scaled it to be ~15 cm along the width and ~5 cm high.

The chest itself is hinged so the lid is free to open and close! The lock mechanism itself is only a dummy, so I made the chest with slots for neodymium magnets to keep the lid closed.

The Body has a small recess at the back removed with slots so electronics can be implemented, i.e. adding lights to the panels; this can be backed with a thin sheet of plastic to hide the electronics. The panels are also windowless with the intent of backing it with frosted plastic so lights can disperse evenly.

This is my first model with functional features so I can't guarantee it works so any tips, advice and feedback to improve the model is greatly appreciated.