The utility token of Lyvely, LVLY, will be airdropped via an engage-to-earn giveaway, with points being converted into the native token.
Lyvely, a Web3 social monetisation platform for online creators, has announced the launch of its $3 million official airdrop campaign for its native token, LVLY, for its community of creators.
The Web3 application, backed by Phoenix Group and Cypher Capital, is described as a digital platform that empowers people to monetise their content, skills, and passion. The decentralised social application lets creators offer monthly memberships, build communities, live stream and sell, plus offer gigs and services.
Built on the BASE network, the ERC-20 utility token has previously closed its successful strategic pre-sale round with participation from top influencers and institutional investors. For the official airdrop, 20 million LVLY tokens will be awarded to whitelisted participants. Each token will be valued at US$0.15 each at the token generation event (TGE), which is slated for a Q4 2024 listing.
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 real-world utility, and our airdrop campaign is a means to engage with our community and build a rewarding ecosystem for all participants.”
Bill Qian, Chief Investment Officer at the Phoenix Group and Chairman of Cypher Capital, added, “Blockchain tech holds the key to enabling equitable monetization opportunities for all digital creators, and this airdrop is a great way to announce the platform’s vision for SocialFi, on the global stage.”
Stay updated on the crypto space by following our socials below! 👇
