Lyvely's utility token, LVLY, is an ERC-20 token built on the Base Network.
A total of 20,000,000 LVLY tokens valued at $3,000,000 are up for the engage-to-earn giveaway, with points accumulated during the campaign getting converted 1:1 at the time of TGE in Q4 2024.
As MENA region's first licensed SocialFi platform, Lyvely's backers include crypto giants Phoenix Group and Cypher Capital.
Dubai, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Lyvely, the SocialFi platform backed by Phoenix Group and Cypher Capital, has announced the launch of its $3 million official airdrop campaign for its fast-growing community of creators and early adopters. A total of 20,000,000 LVLY tokens will be awarded to participants as part of this whitelist program, with 1 Point = 1 LVLY, valued at $0.15 each at the token generation event (TGE) slated for a Q4 2024 listing.
Built on the BASE network, LVLY is an ERC-20 utility token that has already achieved a completely sold out strategic pre-sale round, with participation from top influencers as well as institutional investors. By seamlessly integrating Web3 tokenization features with a familiar Web2 user experience, Lyvely is changing how SocialFi platforms operate to overcome the limitations of a fragmented media landscape. The platform's crypto/fiat hybrid features are designed to empower creators and digital entrepreneurs to build their digital HQ and with it, a thriving revenue stream.
Speaking on the highly anticipated launch of the airdrop campaign, Dave Catudal, Co-founder & CXO, said, "We are humbled by the support of our community towards Lyvely's vision of advancing the trillion-dollar creator and freelancer economy. The LVLY token, which is central to this vision, is designed on the foundation of ...
