LetMeSpeak.org Whitepaper
🇬🇧 English
🇬🇧 English🇷🇺 Русский🇪🇸 Español🇨🇳 简体中文🇻🇳 Tiếng Việt🇯🇵 日本語🇰🇷 한국어
🇬🇧 English
🇬🇧 English🇷🇺 Русский🇪🇸 Español🇨🇳 简体中文🇻🇳 Tiếng Việt🇯🇵 日本語🇰🇷 한국어
  • 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. Tokenomics

LMS governance token

Not financial advice

PreviousLSTAR tokenNextSocial impact

Last updated 2 years ago

Tokenomics is designed for the long-term success of the Ecosystem and the alignment of interests of all participants.

LMS Governance Token Utility:

  • Upgrade NFT Characters to get higher rewards

  • Premium outfits for Characters

  • Purchase Land plots NFTs

  • Governance over the Treasury (Net revenues originating from: NFT sales, Reward token sales, Transaction fees from Marketplace and NFT Invites)

  • DAO governance (Development directions, Economic parameters)

Target token distribution and unlock schedule: