Jakarta, Pintu News—Loaded Lions, an NFT project initiated by Crypto.com, recently launched its crypto token, $LION. This token is designed as an official utility coin within the Loaded Lions ecosystem.
The arrival of $LION is expected to expand Loaded Lions’ influence in the Web3 world. Initial launch plans are for the Cronos EVM network and later for Ethereum (ETH) and Solana (SOL).
Check out more information about the $LION token in the following article!
The total supply of $LION tokens is set at 100 billion tokens. This token distribution is designed to support the long-term stability and growth of the ecosystem. 50% of the total supply is allocated for community and strategic partnerships, 25% for liquidity, 15% for ecosystem reserves, and 10% for operations and marketing.
With this structure, $LION serves not only as a transaction tool within the Loaded Lions ecosystem but also as a staking vehicle that allows holders to earn rewards, unlock exclusive features, and access benefits in Mane City through the Crypto.com platform.
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According to Crypto Times, Loaded Lions announced an airdrop of $LION tokens to reward its most loyal community members. This airdrop is intended for Loaded Lions, Dark Lions, Cyber Cubs, and Crypto.com – The First Frontier NFTs holders. The top 1,000 players from Mane City’s World Series I & II and Mane City’s partners will also receive these tokens.
This airdrop is a strategy to increase interest and appreciation from the community, while strengthening their involvement in the development of the wider Loaded Lions ecosystem.
The $LION token can be traded on several platforms, making it easy for users to buy, sell, and exchange their tokens. Some of these platforms include VVS Finance, Crypto.com app and exchange, and non-custodial wallets.
This expansion marks the evolution of Loaded Lions from a mere NFT project to an ecosystem that provides more value to its community. By expanding the accessibility of the $LION token, Loaded Lions’ ambitions to strengthen their position in the Web3 market.
Also read: Brickken and Polygon Unite, the Asset Tokenization Revolution Begins!
To achieve long-term success, Loaded Lions has established a five-year strategy focused on three key pillars: building a strong $LION Economy, expanding Gaming and Innovation, and focusing on Community Growth.
The strategy is designed to create a robust financial structure, deliver an engaging gaming experience, and strengthen the Loaded Lions brand. These three pillars are expected to drive sustainable success, ensuring the community continues growing and gaining more benefits and rewards.
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