The development of the NFT ecosystem
The Lympo NFT ecosystem, which is powered by LMT, is being developed in two stages. In the first digital collectibles stage, various NFTs of world-famous athletes, clubs, influencers, and enthusiasts are issued in various rarities to establish a baseline supply. Lympo has launched two NFT pools that allow LMT holders to stake their tokens and mint Lympo NFTs. According to the company, in the second content and media development stage, various activities will be launched, including games using LMT as the main utility token and in-game currency. These games will implement a Play-to-Earn model. Players will be able to utilize their Lympo NFTs to create and upgrade their sports hero characters, and then form teams, play against other players, and participate in tournaments to earn rewards with real-world value. In addition, collectors of Lympo NFTs will be able to stake their NFTs to obtain special rewards, thus increasing the value of these collectibles.
