LetMeSpeak.org Whitepaper
🇬🇧 English
🇬🇧 English
  • Imagine being paid to learn a foreign language
    • A few words about LetMeSpeak
    • Why are 1.4 billion people learning English?
    • Solving the biggest problem with online education
    • Web3 Language learning - power to learners
    • Technology for good
  • Play, Learn and Earn
    • Learn & Earn in 1-2-3
    • Learning experience
    • Educational impact
  • Learn-and-Earn business model
    • LetMeSpeak Web3 vs Web2
    • Sustainable design
    • Sponsorship
  • Economy
    • Ways to participate
    • Characters
      • Rarity and attributes
      • Visa
      • Invites
      • Visual customization
    • Learning rewards
    • Marketplace
    • In-app purchase
    • Other NFTs assets
    • Game currencies
    • Scholarship
    • PvP Game
    • Relocation
    • Treasury
    • Anti-fraud
  • Technology
    • Building blocks
  • Tokenomics
    • LSTAR token
    • LMS governance token
  • Social impact
    • Philanthropy
    • Corporate partnerships
  • Disclaimer
  • Change Log
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  1. Economy

Game currencies

PreviousOther NFTs assetsNextScholarship

Last updated 2 years ago

There are 2 game currencies that will drive the LetMeSpeak metaverse:

  • LSTAR - Learning Star reward token (available). It’s used to reward people for learning English and for redistributing value between community members and NFT owners.

  • LMS - LetMeSpeak governance token (coming soon).

There will be different ways to benefit from your LSTARs and LMSs over time:

LSTAR:

  • Purchase Characters

  • Extend Visa

  • Freeze Visa

  • Make invites

  • Take part in PvP

  • Restore lives

  • List Characters for Scholarship

  • Enhance your NFT through

  • Swap digital currency

  • Transfer rewards to your wallet

  • Pay in-game fees and buy consumables

LMS:

  • Spend in-game: upgrade NFT Characters, premium NFT outfits, purchase rare NFTs (e.g. Land)

  • Governance (e.g. Treasury, Metaverse parameters)

While game currencies have utility inside the metaverse, they are freely transferrable outside of it.

Read more in .

visual customization
Tokenomics