30 Jun 2021 · 3 min read

Lympo Colabs with Binance to Host NFTs of Athletes and Sports Personalities

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

Lympo x Binance NFT

30 June 2021 — Tallinn, EstoniaLympo, a subsidiary of Animoca Brands, is pleased to announce a collaboration with the newly launched Binance NFT marketplace. Binance NFT will host Lympo’s IP-based sport-related non-fungible tokens (NFTs), including future NFT auctions of special unique cards representing athletes and sports stars.

Binance NFT is a marketplace that brings together artists, creators and crypto enthusiasts from around the world, with a packed lineup of premier exhibitions and NFT collaborations.

The Lympo NFT minting platform invites NFT enthusiasts to stake LMT tokens and mint NFTs of world-champions and famous athletes. A large drop of new NFTs is planned to take place once the Lympo NFT minting platform is migrated to Binance Smart Chain (BSC). Earlier this spring, Lympo bridged its token LMT to BSC and listed it on the PancakeSwap decentralized exchange.

Ada Jonuse, the CEO of Lympo, said: “This marks the next important step in Lympo’s integration into the Binance ecosystem. For our users it means not just much cheaper transaction fees to mint, transfer and trade NFTs, but also exposure to the platform and community of Binance, the world’s leading crypto exchange. I look forward to hosting our auctions on the Binance NFT marketplace as we bring to market NFTs that are not only unique and valuable, but also have special utilities like staking functionality.”

The Lympo NFT ecosystem

The Lympo NFT ecosystem, which is powered by LMT, is being developed in two stages. In the first digital collectibles stage, various NFTs of world-famous athletes, clubs, influencers, and enthusiasts are issued in various rarities to establish a baseline supply. Lympo has launched two NFT pools that allow LMT holders to stake their tokens and mint Lympo NFTs - more information can be found here: https://nft.lympo.io.

In the second content and media development stage, various activities will be launched including games using LMT as the main utility token and in-game currency. These games will implement a Play-to-Earn model. Players will be able to utilize their Lympo NFTs to create and upgrade their sports hero characters, and then form teams, play against other players, and participate in tournaments to earn rewards with real-world value. In addition, collectors of Lympo NFTs will be able to stake their NFTs to obtain special rewards, thus increasing the value of these collectibles. More information on the Lympo NFT ecosystem is available here.

About Binance
Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including: trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more.

For more information, visit: https://www.binance.com
Trade on the go with Binance’s mobile crypto trading app. Download for Android or iOS.

About Binance NFT marketplace
Binance NFT Marketplace offers an open market for artists, creators, crypto enthusiasts, NFT collectors and creative fans around the world with the best liquidity and minimal fees. Consisting of two parts, premium events and a marketplace, Binance NFT features valuable collectibles and an easily accessible trading market for all of its users.

For more information, visit https://nft.binance.com/
For creators and artists' collaboration; contact email: [email protected]

About Lympo
Lympo, a subsidiary of Animoca Brands, is building a sports NFTs ecosystem based on world-famous athletes and sports clubs. The Lympo ecosystem will include sports stars, clubs and custom sports characters created by various artists and sports influencers. Lympo was launched in 2018 together with its token LYM, traded on various exchanges as a token to incentivise a healthy lifestyle. Learn more at www.lympo.com or get updates on Twitter or Telegram.

About Animoca Brands
Animoca Brands, ranked in the Financial Times list of High Growth Companies Asia-Pacific 2021, is a leader in digital entertainment, blockchain, gamification, and artificial intelligence. Animoca Brands develops and publishes a broad portfolio of products including the REVV token and SAND token; original games including The Sandbox, Crazy Kings, and Crazy Defense Heroes; and products utilizing popular intellectual properties including Formula 1®, Marvel, WWE, Power Rangers, MotoGP™, and Doraemon. Its portfolio of blockchain investments and partnerships includes Sky Mavis (Axie Infinity), Dapper Labs (CryptoKitties and NBA Top Shot), OpenSea, Harmony, Bitski, and Alien Worlds. Its subsidiaries include The Sandbox, Quidd, Gamee, nWay, Pixowl, and Lympo. For more information visit www.animocabrands.com or get updates by following Animoca Brands on Facebook or Twitter.

Global contact:
[email protected]