LMT is the primary utility token used to manufacture and buy sports collectible digital cards, which represent unique material saved on blockchain and are intended for use in sports collecting.
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Initially issued on the Ethereum network, the LMT coin is an exchangeable cryptographic coin that can be exchanged for other tokens.
As part of Phase 1 of the Lympo NFT system, Lympo will issue a preset number of digital sports collector cards in the form of NFTs, showcasing world-famous athletes and teams, influencers, and O’Lympians (who are bespoke sports hero characters created by Lympo), among other features. This exclusive set of collector cards can only be gained through the staking of LTM coins during Phase 1, however they will eventually become available to buy with LTM tokens once the first phase has concluded.
When the Lympo NFT system enters into its second phase, a variety of content and leisure activities will be presented in order to trigger the NFTs that were coined during Phase 1. They will also include sports games, with the LMT utility token serving as the primary in-game cash and utility token. The Play-to-Earn paradigm will be implemented in these games. Lympo digital sports collector cards will be used by players to create and enhance their sports hero characters, and then to form teams, compete against other gamers, and win a tournament, earning awards with real-world monetary values as a result.
In addition to being an ERC-20 utility token, LMT (Lympo Market Coin) is intended to be used as a medium of exchange for the purchase, use, and ownership of sports-themed digital assets (in the manner of nonfungible tokens, or NFTs) both within and outside of different games.
Ada Jonuse is the CEO of the LYM system. The team further includes Yat Siu, Sean Dandley as Animoca brand executives. James JK Ho is the brand strategist and innovation executive for the LYM system. The engineering department is led by Nathan Sala.
A utility token (LMT) is a digital collector card which will be used to mint sporting digitally collecting cards, and it will eventually be utilised in a variety of content and media activities, such as sports-related games. Gamers and Lympo NFT holders will benefit from the company’s collaboration with games companies from around the world, which will result in an amazing experience for both parties. Animoca Brands and its affiliates and partners will use the LMT token to connect numerous games they have developed, resulting in a one-of-a-kind gaming environment and player experience. To ensure that there is sufficient demand for LMT tokens, gaming fees and the creation of new NFTs will be implemented, with the tokens subsequently being returned into the ecosystem.
If you’re looking for a place to purchase Lympo, the best cryptocurrency exchanges to use right now are Huobi Global, KuCoin, Gate.io, Pionex, and Bitfinex.
No. There is no direct method to purchase LYM using cash. You can, however, utilise markets such as LocalBitcoins to first acquire BTC, and then complete the remainder of the procedures by moving your BTC to the appropriate AltCoin exchangers.
Yes, in reality, Europe is one of the easiest countries to acquire cryptocurrency in general. There are also online banks where you can create an account and send funds to exchanges like Coinbase and Uphold.
Exchange inflows and outflows, technical and fundamental changes, the news cycle, and the overall economic climate are all variables that impact Lympo price and market cap.
Lympo Official website – https://lympo.io/
Lympo Twitter – https://twitter.com/Lympo_io
Lympo Medium – https://medium.com/@lympo.io
Lympo Reddit – https://reddit.com/r/LYMPO
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