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Press Release

Librium Announces the Ever-Increasing Mining Rewards

Team Bitcoin Daily

Published

2 years ago

on

Librium is what happens when a never-before-seen tokenomic structure is paired with mining rewards indefinitely, increasing the value of the token as miners are equipped to grow passive income rewards for holders. 

The redistribution of rewards through the utilization of cryptocurrency miners creates reward structures encouraging investors to increase their holdings and removes the necessary contract interaction to sell tokens to pay out rewards that other tokens implement, which is one of the primary reasons why existing reward tokens fail miserably. 

Abstract

Selling to existing customers costs brands less than acquiring new ones, which is a leading reason why more than 90% of companies have some type of customer loyalty program. Rewards points are one of the most effective methods for increasing both customer loyalty and revenue. For example, Starbucks Rewards is one of the most successful rewards programs around. It has more than 19 million members, with the redemption of points responsible for almost 50% of company revenue. Starbucks utilizes Starbucks Rewards to align with its business goals in a way that adds value and increases customer engagement through a fun, gamified approach.

While it’s undeniable that loyalty and rewards programs are an essential component of the consumer-brand relationship, they have their limitations. Complexity, lack of liquidity, and interoperability are some of the main roadblocks to expanding loyalty and rewards programs to more customers. The lack of clarity around program rules leads to a lot of value left on the table.

Implementing real hardware infrastructure, position and percentage-based tokenomics, multiple rewards structures, passive income from miners, and whale reflections, Librium Tech is pushing forward with a token that has the potential to always rise in value, Librium Tech will be paired with BUSD and then re-paired with BNB to take advantage of the market crashes.

Why Librium?

The team behind Librium is set out to fix common pitfalls of other rewards based tokens like having to pay network fees for claiming you rewards and token prices crashing after the whales dump their holdings, Librium offers unique tokenomics paired with passive income rewards through mining, not only that but as the miners are added, the token value increases indefinitely thus creating a heavy buying pressure to encourage investors to increases their holdings for higher rewards. Using a gamified approach Librium creates a competition between the top holders that further the upward price action.

Librium is fair to all:

The passive income rewards for the top 1000 holders are broken into 3 groups, reflections are distributed based on the percentage of tokens held by individuals, with 2% of Librium token reflections provided to all the holders.

The top 1000 holders share the rewards in the following manner:

There are 3 groups as follows

Group 1 has top 100 wallets receives 31.2 percent of the total mining rewards, followed by Group 2 with wallets ranging from 101 to 500 receiving 42.3 percent of the total mining rewards, and the last group, Group 3 which has wallets ranging from 501 to 1000, receiving 26.4 percent of total mining rewards.

These mining rewards incentivize the top holders to hold or improve their position in the overall wallet rankings as just by moving up from group 3 to group 2 effectively doubles the number of mining rewards a user may receive, moreover moving up from group 2 to group 1 nearly triples these mining rewards.

An investor in group 1 receives 0.312 percent of the total mining rewards pool, in group 2 receives 0.084 percent of the total mining rewards pool, and an investor in group 3 receives 0.052 percent of the total mining rewards, considering these numbers, an investor can easily 5x their rewards just by moving up to group 1 from group 3.

To get an impression of the potential earnings for the top 100 wallets in group 1, here is a breakdown that shows Librium can easily generate a monthly passive income ranging from $600 to just under $18,000 with a moderate daily volume of $250,000!

Tokenomics:

Current tokenomics suggest that there is a tax of 12 percent imposed on every transaction, which further breaks down into 4 percent being sent to the mining wallet, which will be used to buy and maintain the miners to yield mining rewards. 2 percent will go to all the holders in the form of native reflections, 1 percent each is allocated for whale reflections, staking reflections, marketing wallet, dev wallet, liquidity providers, liquidity pool, and last but not the least Buy-Backs. 

Just to get a glimpse of how effective these tokenomics can be, here is an overview of how these tokenomics will perform if Librium was averaging at $500,000 daily volume, which would result in $5,000 worth of rewards being generated every day, the most impressive part is how it plays into the 1 percent whale reflections that are received by the top 30 wallets

During the week, these daily $5,000 will be distributed among the top 30 wallets, every day the bottom 5 wallets will be removed thus reducing the number of wallets receiving the whale reflections, which in turn increases the value of the individual rewards received by the surviving holder in the following bracket.

The holders that make up the rest of the top 30 also receive handsome daily sums, which over the course of a weekcan really add up:

  • holders 26–30: $ 166
  • holders 21–25: $ 366
  • holders 16–20: $ 616
  • holders 11–15: $ 949
  • holders 6–10: $ 1,449
  • holders 2–5: $ 2,449
  • holder 1: $ 7,449

The team behind Librium shares a vision to create a simple concept behind their project to generate passive income for their investors. Librium is a project that the majority of the investors and present community members believe in, not only that Librium is also compliant with all the cryptocurrency guidelines laid out by the SEC and strongly believes that these regulations are there to protect the investor’s hard-earned money.

Social Links:

Website: https://www.librium.tech/index.php
Telegram: https://t.me/LibriumTechOfficial
Twitter: https://twitter.com/LibriumTech

Media Contact:Librium
info@librium.tech

PR Contact:

Dave Ruiz
Telegram: https://telegram.me/cryptokidfinance
Dave@CryptoKidFinance.com

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Press Release

Limoverse’s Vision for Web3: Token Burn, Roadmap, and Leading the Wellness Frontier

Crypto Chain Wire

Published

3 days ago

on

September 26, 2023

By

In an electrifying move in an otherwise quiet crypto market, Limoverse successfully completed its much-anticipated Token Burn Event! 

The buzz surrounding this event is palpable, and for good reason. It all starts with Limoverse’s unwavering commitment to transparency and its thriving community. Limoverse places its community at the core of its mission, emphasizing transparency, empowerment, and token appreciation for its dedicated users and token holders.

But what exactly is a token burn, and why is it generating such excitement? The answers to these questions are pivotal to understanding the magnitude of this event. Token burns are akin to enchantments in the realm of cryptocurrency. When tokens are subjected to a burn, they are permanently removed from circulation. This action not only diminishes the overall token supply but also heightens its scarcity, elevating the value of each remaining token. 

Limoverse is taking token burns to the next level by introducing a pioneering algorithm that links token burns to real-world achievements. For every kilometer run and every calorie burned within the Limoverse app, an equivalent quantity of Limoverse tokens will be incinerated. Yes, you read that correctly! As users stay active and embrace a healthier lifestyle, the token supply shrinks, thereby augmenting the value of Limoverse tokens. This innovative approach ensures that your journey to improved health and fitness also translates into the growth of your investment. A true win-win!

$LIMO Tokens have a total supply of 10 Billion tokens and the burn event saw 86,494,575 LIMO tokens being burnt and taken out of supply.

Limoverse’s commitment extends even further. “We are delighted to declare that all unredeemed rewards from our HealthFi Rewards Pool have also been subjected to a burn. This strategic move firmly underscores our dedication to forging a sustainable token economy, guaranteeing that each Limoverse token serves its utmost purpose” says Sajeev Nair, founder and chairman of Limoverse.

Talking about what the future holds for Limoverse, he further added. “Shortly, we are set to launch our most awaited projects: ModiFi and CreatFi, which will solidify our position as the most comprehensive health and wellness ecosystem in the web3 world. ModiFi is designed to empower users to flourish in all dimensions of wellness, from physical and mental health to spiritual well-being. The core focus lies in uniting top-tier wellness practitioners with advanced health tracking and AI capabilities, enabling users to take charge of their holistic wellness journey like never before.

Through self-paced courses and personal coaching, CreatFi will offer a gateway to personal growth and holistic well-being, cementing Limoverse’s reputation as a leader in the Health and Wellness space.

About Limoverse

With a vision to become the largest digital health economy in the world, Limoverse’s LIMO tokens are currently trading on Poloniex, Bitmart, and Pancakeswap exchanges. As the token expands its presence, Limoverse continues to break new ground in the health and wellness industry, leveraging Web 3 technology to empower individuals and communities alike.

Currently, the Limoverse ecosystem provides users with the option of earning rewards when they walk, jog or run and also when they burn calories thus keeping them motivated and incentivized to stay healthy through the HealthFi program. 

You can download the Limoverse App from both Google Play and App Store. Be sure to visit the official website and join our Twitter, Telegram, and Instagram to stay updated with all the latest news and developments.

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Press Release

Wemade launches Drops NFT auction service on WEMIX PLAY 

Crypto Chain Wire

Published

4 days ago

on

September 25, 2023

By

  • Game NFTs and special NFTs will be available through English Auction on Drops 
  • NFT auctions for new games Melting Earth, Ballies and Yield KingZ, will be held sequentially until Thursday, October 12th

Leading South Korean game developer Wemade today launched the new Drops NFT auction service on its WEMIX PLAY global blockchain gaming platform. 

Drops will auction off game NFTs and special NFTs minted by various games available on WEMIX PLAY. Players can use WEMIX$ to participate in the auctions which uses the same English auction method as the WEMIX3.0-based DAO & NFT platform NILE (the highest bid is determined as the final winning price). 

To commemorate the launch of Drops, NFT auctions for three new games – Melting Earth, Ballies and Yield KingZ – will be held sequentially until Thursday, October 12th.

Melting Earth is a Metaverse real estate game to restore polluted earth and become the owner of new land; Ballies is an original strategy card game that combines basketball and fantasy elements into a new experience; and Yield KingZ is a Social Casino Game-Fi leveraging benefits of WEB 3.0 based on blockchain.

WEMIX PLAY is the top global blockchain gaming platform with more than 9 million cumulative users. It offers everything from card, puzzle, simulation and strategy games; to first-person shooters, battle royale, multiplayer online battle arena (MOBA), and massively multiplayer online role-playing games (MMORPG); to casual, social networking (SNG) and sports games. 

For more information about the NFT auction service Drops and WEMIX PLAY: https://wemixplay.com/nft/drops/all.

About WEMADE

A renowned industry leader in game development with over 20 years of experience, Korea-based WEMADE is leading a once-in-a-generation shift as the gaming industry pivots to blockchain technology. Through its WEMIX subsidiary, WEMADE aims to accelerate the mass adoption of blockchain technology by building an experience-based, platform-driven, and service-oriented mega-ecosystem to offer a wide spectrum of intuitive, convenient, and easy-to-use Web3 services. Visit www.wemix.com/communication for more information.

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Press Release

Chooky Becomes Official Racing Sponsor of Meadowlands Sports Complex

Crypto Chain Wire

Published

7 days ago

on

September 22, 2023

By

Chooky, the pioneering cryptocurrency platform, is thrilled to announce a groundbreaking partnership as the Official Racing Sponsor of the Meadowlands Sports Complex. This historic collaboration cements Chooky’s position as the very first cryptocurrency to sponsor this iconic sports and entertainment venue, ushering in a new era of crypto adoption and engagement.

Meadowlands Sports Complex: Nestled in East Rutherford, Bergen County, New Jersey, the Meadowlands Sports Complex is a renowned sports and entertainment destination, overseen by the New Jersey Sports and Exposition Authority (NJSEA). The expansive complex encompasses several world-class facilities, including:

MetLife Stadium: The hallowed ground of the New York Giants and New York Jets of the National Football League (NFL).

Meadowlands Racetrack: A prestigious harness racing circuit renowned for hosting the annual Hambletonian Stakes.

Quest Diagnostics Training Center: The dedicated practice facility for the New York Giants.

American Dream: An innovative retail and entertainment destination, housing the Metropolitan Riveters of the Premier Hockey Federation (PHF).

Meadowlands Arena: A storied venue, once home to the New Jersey Devils of the National Hockey League (NHL), Seton Hall University’s men’s basketball team, and the now-Brooklyn Nets of the National Basketball Association (NBA).

Additionally, the Meadowlands Sports Complex proudly houses the largest sportsbook in the world – FanDuel Sports.

Chooky’s status as the Official Racing Sponsor of the Meadowlands Sports Complex marks a significant milestone in the world of sports sponsorship and cryptocurrency. As part of this historic partnership, Chooky will be prominently featured in commercials during the complex’s live stream, which boasts a daily viewership of millions of users. This presents a unique opportunity to connect with sports enthusiasts and crypto advocates alike. The first commercial of Chooky is set to air on September 30. 

But that’s not all. Chooky’s presence will be felt even more tangibly as a full-page advertisement graces all racing forms and Meadowlands media. This means that every visitor to the Meadowlands, whether drawn by the allure of horse racing or other electrifying entertainment, will be greeted by the captivating $CHOO ad. It’s an invitation to explore the world of Chooky, offering an enticing way to invest and be part of this vibrant cryptocurrency community.

In celebration of this monumental partnership, the Meadowlands Racetrack will host the “Chooky Inu – $CHOO” race on September 30, 2023. Following the race, an official presentation honoring Chooky will be held in the winner’s circle, marking the beginning of an exciting journey together.

Papi, CEO of Chooky, enthusiastically remarked, “This sponsorship of the Meadowlands Sports Complex is groundbreaking for the simple fact that we are the first and only crypto sponsor of theirs. We believe in the potential of cryptocurrencies to reshape industries, and this partnership exemplifies our commitment to innovation and community engagement.”

This sponsorship marks the beginning of Chooky’s comprehensive web2 marketing plan, with more exciting initiatives and engagement opportunities on the horizon. Stay tuned as Chooky’s journey with the Meadowlands Sports Complex unfolds, promising a fusion of sports, entertainment, and cryptocurrency like never before.

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