Lympo Launches 72-hours LMT Token Offering on 19 March 2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
18 March 2021 — Tallinn, Estonia — Lympo, a subsidiary of Animoca Brands, is pleased to advise that it will launch LMT, a new utility token to empower Lympo’s ecosystem of sports-related non-fungible tokens (NFTs), including collectibles based on world-famous athletes. Starting 6 pm (UTC) on 19 March 2021, LMT tokens will be obtainable in exchange for LYM tokens for 72 hours only.
LMT offering to last 72 hours starting 19 March 2021
LMT is a new token to be developed by Lympo, and will give its holders access to Lympo NFTs via different staking mechanisms. 125,000,000 LMT tokens will be offered to existing LYM token holders for 72 hours starting at 6 pm (UTC) on 19 March 2021. The only way to obtain LMT tokens during the offering is to exchange them with LYM tokens at a 1-LMT-to-8-LYM ratio. More information on the token offering can be found at www.lympo.io.
All participants in this 72-hour token offering will be granted the lifetime ability to mint unique and exclusive NFTs that will have additional utilities in the Lympo ecosystem.
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Lympo is building a sports NFTs ecosystem including NFTs with IP rights of world-famous athletes and clubs. The ecosystem will also include 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 healthy lifestyle. Learn more at www.lympo.com or get updates on Twitter or Telegram.
About Animoca Brands
Animoca Brands is a leader in the field of digital entertainment, specializing in blockchain, gamification, and artificial intelligence technologies to develop and publish a broad portfolio of products including the REVV token and SAND token, games such as The Sandbox, Crazy Kings, and Crazy Defense Heroes, as well as products utilizing popular intellectual properties such as Formula 1®, Marvel, WWE, Garfield, Snoopy, Power Rangers, MotoGP™, Formula E, and Doraemon. Animoca Brands’ portfolio of blockchain investments and partnerships includes Lucid Sight, Dapper Labs (creators of CryptoKitties), WAX, Harmony, and Decentraland. The Company is based in Hong Kong, United States, South Korea, Finland, Argentina, and the Czech Republic. Subsidiaries include The Sandbox, Quidd, Gamee, and nWay. For more information visit www.animocabrands.com or get updates by following Animoca Brands on Facebook or Twitter.
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