Starting today, Lympo will be publishing its new articles on the Native Lympo Blog Site.

With the launch of the NFT minting platform 2.0 and the new Lympo Blog site, we’ve decided to discontinue our use of the Medium platform. The reason behind this decision is simple. We want to provide our users with a better reading experience and allow them to receive all the latest news about our project without getting distracted.

Reminder: Only new content & guides will be uploaded to the official Lympo Blog site. All previous articles will stay accessible here on Medium.

About the Lympo Blog

The Lympo Blog site was launched on July 14th, the same day Lympo minting platform 2.0 went live. You can access it by visiting the Lympo NFT minting platform or by clicking here.

The site already has an ample amount of articles & easy-to-follow guides. This content will help you to gather knowledge about NFTs, explore our ecosystem, and even learn how to make your own NFT collections.

Our goal is to assist you as much as possible in finding the secrets of the Metaverse. Lympo Blog site — the tool to achieve it!

Additionally, each month we’ll be updating the platform & adding even more content to guide you through our latest updates and inform you about upcoming changes in the platform or community events. Don’t sit out and start exploring our new Blog site today!

Want to know more?

Visit the Lympo NFT minting platform.

Join our Telegram or Discord channels.

Follow us on Twitter

And while you’re at it, don’t forget to subscribe to our newsletter to be the first to receive the latest Lympo news.

Lympo migrates from Medium to the official Blog: All that you need to know! was originally published in Lympo official on Medium, where people are continuing the conversation by highlighting and responding to this story.

After releasing the NFT Minting platform, where the SPORT token is used as the primary Lympo utility token, we want to take the time and go over how the Lympo token ecosystem evolved and what you can expect from Lympo moving forward.

LYM Token Utility — Released 2018

Initially released in 2018, the LYM token aimed to power a health data marketplace, rewarding users for gathering their health data from various data sources like apps and allowing data buyers to directly access and reward users for their collected data. In March 2021, Lympo pivoted to become a GameFi company specializing in sports-themed NFTs by acquiring the IP rights of famous sports stars and releasing NFT-driven products. LYM token holders were offered to exchange their LYM tokens for a new utility token LMT which was meant to give access to various new Lympo products. The utility of the LYM token has therefore ceased to exist in its original form.

LMT Token Utility — Released 2021

Released in 2021, the LMT Token was aimed to power the Lympo product ecosystem. LMT is a utility token used to mint sports digital collectible cards. Moving forward, it will be usable in various content and media activities like sports-related Play-2-Earn (P2E) games. In addition, Lympo will collaborate with game publishers worldwide to create an unforgettable experience for Lympo NFT holders and gamers, creating a unique gaming ecosystem and player environment. In 2022, LMT Token holders received SPORT tokens based on their LMT holdings as SPORT became the primary utility token of the Lympo NFT Platform.

SPORT Token Utility — Released 2022

The SPORT token was launched in 2022 and became the primary Lympo utility token to mint, stake and purchase sports collectibles (NFTs). The SPORT token is also the main currency of the Lympo Treasury, which will be governed by a Decentralized Autonomous Organization (DAO) made of Lympo community members.

The SPORT token will also have limited application in Lympo P2E games, depending on the tokenomics of each particular game and might be used as a token to enter special game events or acquire exclusive in-game items.

Want to know more?

Visit the Lympo NFT minting platform.

Join our Telegram or Discord channels.

Follow us on Twitter

And while you’re at it, don’t forget to subscribe to our newsletter to be the first to receive the latest Lympo news.

Overview of the Lympo Tokens Utility was originally published in Lympo official on Medium, where people are continuing the conversation by highlighting and responding to this story.

Dear Lympo supporters, fans and community members,

After 4.5 years at Lympo, I am leaving the company and handing over my CEO responsibilities to Lympo co-founder Tadas Maurukas. This is a well-thought-through personal decision. I will remain involved in Lympo as an advisor and will continue to care for the success of this project deeply. I trust that the company is in excellent hands to implement our ambitious future plans.

Ever since I first learned about blockchain in the summer of 2017, I could see this technology’s transformational potential. I loved it so much that only 6 months later, I launched Lympo and my first crypto token, LYM. Our dream was to empower people by enabling true data ownership of their health data and motivating an overall healthy lifestyle. We were too enthusiastic and too early at that time. With Ethereum being the only technically feasible solution back then, it soon turned out that handling multiple small low-value transactions on chain is not viable for the time being. Despite this, we have built 300.000 users strong app, which grew in the U.S., South Korea and my home country Lithuania. We have organized sports events, squat competitions, supported sports stars and grew a great team. However, the company did not succeed in reaching its business goals, with the outbreak of COVID making things only worse. I am excited to see that today we have multiple great dApps in this industry, starting with the great team of Olivex, part of the Animoca Brands family, and their Dustland app.

In 2021, Lympo was acquired by Animoca Brands and, guided by the talented Tadas Maurukas, pivoted to become a GameFi company specializing in sports-themed NFTs through acquiring IP rights of famous sports stars and releasing NFT-driven products. This story page is yet to be written with all its achievements and lessons learned. I am proud that today we have a 13 people strong team, have just released the main ecosystem token, $SPORT, and have NFT minting and NFT staking products as well as are well into preparations to develop sports-themed play-to-earn games with the acquired IP rights like those of the world’s chess champion Magnus Carlsen.

During these years at Lympo, I have experienced a true rollercoaster of crypto highs and lows, victories and despair, release of new tokens and products and dealing with hacking incidents, scaling then downsizing the team and then growing it again. Most importantly, I saw the whole blockchain space growing, new technologies entering the industry, massive influx of talented people and new use cases and industries it is impacting.

No matter what is happening with the crypto markets today, I truly believe that we are at the beginning of a great journey of launching a new and fairer internet: Web3.

My decision to leave Lympo comes from a deeper and deeper understanding of what is important for me and a strong wish to follow my values: freedom and empowerment. For this reason, I am very interested in the potential of DAOs (decentralized autonomous organizations) and how they can transform our economic system, empower users and contributors and create great incentives for even bigger and stronger product-focused communities in the Web3 space. I would love to keep in touch with more DAO enthusiasts and practitioners.

During my time off, I plan to have a learning and creativity phase and re-energize for future ventures.

I am very blessed to have met so many amazing people on this journey: at Lympo, at Animoca Brands and its extended family, and via many partnerships and collaborations in the crypto space. I remain grateful for all the steps we took together and all the important lessons I could learn from each of them.

Best regards,
Ada Jonuse

A Message From The CEO of Lympo was originally published in Lympo official on Medium, where people are continuing the conversation by highlighting and responding to this story.

During his career as a professional player, Robert has secured a long list of achievements a footballer can get — he was a FIFA player, FWA Player of the Year, and he was even included in the FIFA 100 by Pelé.

Now, he’s joining the Lympo family to have his career and achievements immortalized in the blockchain.

The Career of Robert Pires

Robert’s love for football was always coursing through his veins. Being born to a Portuguese father and a Spanish mother, Pires was a fan of both Benfica and Real Madrid, even wearing both football shirts to reflect his divided loyalty. When Robert was a child, his dad was playing for a local team, and Pires would spend every Saturday watching his dad play — thus, his fiery passion for football was set. At the age of 15, he left school and began a two-year sports degree course in Reims.

After finishing the sports degree and graduating from FC Metz youth academy, Pires started off his senior career with the FC Metz senior roster. During his six seasons with the club, Robert won the Coupe de la Ligue. In 1998, he signed to play for Olympique de Marseille and stayed there for two years.

In 2000, Pires joined the Arsenal roster — the team he would spend most of his career at. By the second season, he fully got to grips with English football and had one of the best seasons with the club — he led Arsenal to win the league title, was at the top of the Premier League assist charts, and was voted both FWA Footballer of the Year and Arsenal’s player of the season.

During the 2003–04 season, he has become a pivotal part of Arsenal’s Premier League title win, which made Arsenal the first English top-flight club to remain unbeaten in 115 years. That year, Pires was Arsenal’s second top scorer. In 2006, after a 12-month extension to his contract has expired, it was time to move on. Robert Pires left his mark in Arsenal’s history, being voted as the club’s sixth greatest player of all time in 2008.

In 2006, Pires joined the Spanish team Villarreal for an initial two-year contract, where he helped the team finish second in La Liga — the best team’s league finish in history. After his extended contract had expired in 2010, Robert returned to England and trained at London Colney to keep his fitness levels up, where he was then invited to play for Aston Villa for six months.

In 2014, Robert was signed by FC Goa, one of eight teams in the newly created league, and was named the team captain. However, in February 2016, Pires announced his retirement from professional football.

Apart from his remarkable career in Arsenal, Pires has been a crucial member of the French National Team — he was part of France’s 1998 World Cup and Euro 2000 wins, and also played in the 1996 Olympics, as well as Euro 2004. For his achievements, he was awarded the Golden Ball, for most outstanding football, and Golden Shoe, for most goals scored, at the 2001 Confederations Cup. During his international career, Pires was a two-time golden goal assistant — first, in the 1998 World Cup and later in the Euro 2000 final. His golden goal assists in 1998 were the first Golden Goal ever scored at a FIFA World Cup.

After his retirement, Robert Pires has expressed interest in mentoring talent and has often been seen training with Arsenal and since has also worked as an Arsenal club ambassador. Robert contributes regularly to French television and works as an ambassador for Puma and Star Sixes, the leading legends tournament alongside other commercial partners. Robert also currently enjoys training and sharing advice with Pena Deportiva Football Club in Ibiza.

During his career, Pires was well-known for his outstanding technical knowledge, great footwork, amazing field vision and finesse finishes. Fans call him one of the best wingers the Premier League has ever seen. Robert Pires has definitely left his mark on the history of football and for that, we want to celebrate him with his own collection of Lympo NFTs.

Career

• 1989–1992 — Reims
• 1992–1993 — Metz Youth
• 1993–1998 — Metz
• 1998–2000 — Marseille
• 2000–2006 — Arsenal
• 2006–2010 — Villarreal
• 2010–2011 — Aston Villa
• 2014–2015 — FC Goa
• 1995–1996 — French U21 National team
• 1996–2004 — French National team

Honors

• Coupe de la Ligue: 1995–96
• Premier League: 2001–02, 2003–04
• FA Cup: 2002–03, 2004–05
• UEFA Champions League runner-up: 2005–06
• FIFA World Cup: 1998
• UEFA European Championship: 2000
• FIFA Confederations Cup: 2001, 2003
• Division 1 Young Player of the Year: 1995–96
• FWA Footballer of the Year: 2001–02
• PFA Team of the Year: 2001–02 Premier League, 2002–03 Premier League, 2003–04 Premier League
• Premier League Player of the Month: February 2003
• FIFA Confederations Cup Golden Ball: 2001
• FIFA Confederations Cup Golden Shoe: 2001
• FIFA 100
• Équipe type spéciale 20 ans des trophées UNFP: 2011
• Knight of the Legion of Honour: 1998

Lympo NFTs

Each member of the Lympo Athletes Pool gets a set of 5 NFT sports collectible cards. The rarity of each card ranges from Common to Legendary. And, Lympo will also release a one-of-a-kind Robert Pires GOAT (Greatest Of All Time) card that will be auctioned later on.

Lympo users can get the cards by using the Lympo SPORT Tokens. You can stake SPORT tokens, earn credits and acquire unique NFTs.

Want to know more?

Visit the Lympo NFT minting platform.

Join our Telegram or Discord channels.

Follow us on Twitter

And while you’re at it, don’t forget to subscribe to our newsletter to be the first to receive the latest Lympo news.

Lympo Welcomes the Unstoppable Robert Pires to Our Family! was originally published in Lympo official on Medium, where people are continuing the conversation by highlighting and responding to this story.

Let’s welcome the newest member of the Lympo Athletes Pool — Anderson Luís de Souza, better known as Deco

The now-retired Portuguese footballer is regarded as one of the best players of his generation. He has received several awards and honors during his professional career, including the Ballon D’or Silver Ball in 2004 and the UEFA Club Footballer of the Year award for the 2003–2004 season. Now, he’s joining the Lympo Athlete family and looking for new frontiers to conquer in the metaverse.

Lympo is entering an exclusive 2-year partnership with Deco. We’re honored to have this opportunity to celebrate Deco’s admirable career with a collection of Lympo-exclusive Deco NFTs.

Deco’s Career

Anderson’s career started off in his home place São Bernardo do Campo, Brazil where he played for Corinthians in the Copa São Paulo de Futebol Júnior. In 1997, he signed on to play for the CSA but in June 1997, Benfica purchased his rights from CSA. Deco was immediately sent on loan to their farm team, Alverca, where he helped the team win promotion to the top tier.

In 1998, Anderson left Benfica to play for Salgueiros. He only made a few appearances for the team due to his injuries and in March 1999, Deco was purchased by Porto in time to win the league title. And in his first season, Anderson scored a goal after just 30.08 seconds in a win against Molde.

During his time with Porto, Deco was given the role of a leader. He was one of the main players in Porto’s UEFA Cup final win, and during the 2003–2004 season, he helped the team win a national title as well as the 2004 UEFA Champions League title.

For his impeccable performance that season, Deco has received the UEFA Club Footballer of the Year award as well as the award for the best midfielder.

In 2004, after a long time of negotiation between a few top-tier teams, Deco signed a four-year deal with Barcelona the day after the Euro 2004 final. With Deco on their roster, Barcelona won their 17th La Liga title and the second UEFA Champions League trophy.

For his achievements with Barcelona, Deco was named Barcelona’s player of the 2005–2006 season, awarded the Golden Ball at the FIFA Club World Cup, and the Man of the Match award.

He has also won his second UEFA Best Midfielder Award, becoming a member of the exclusive group of players that have won the same award more than once with different teams.

In 2008, Chelsea signed Anderson from Barcelona for a three-year contract. During his Premier League and Chelsea debut, Deco scored a 30-yard goal in a victory over Portsmouth. He followed up by scoring a curling free-kick in his second game for Chelsea. For these performances, he was named the Premier League Player of the Month in August. During his time with Chelsea, Anderson won his first Premier League title and made his 100th UEFA Champions League appearance, making him one of only 13 players to have achieved as many appearances.

In 2010, Deco moved on to play for a Brazilian club Fluminense where he played for three years until his retirement in 2013. At Fluminense, he won two Brazilian Championships.

Although Deco has never been called up to play for Brazil, he was one of the highlights of the Portugal national team. After having been living in Portugal for 6 years, he was able to get Portuguese citizenship and play for their national team.

He made his first international debut coincidentally against Brazil, where he scored a free-kick which allowed Portugal to secure a first win over Brazil since the 1966 FIFA World Cup. After that, he became a regular on the team until his retirement from the National Team in 2010.

During his professional career, Deco was known for being a versatile, tactical, and intelligent footballer with exemplary field vision and technical abilities.

He had good stamina and impeccable ball control and dribbling skills, which made him one of the best players of his generation. After a prominent career, he opened D20 Sports — a sports agency that specializes in managing professional football careers.

Career

• 1995–1996 — Nacional (SP)
• 1996–1997 — Corinthians
• 1997 — CSA
• 1997–1998 — Benfica
• 1997–1998 — Alverca (loan)
• 1998–1999 — Salgueiros
• 1999–2004 — Porto
• 2004–2008 — Barcelona
• 2008–2010 — Chelsea
• 2010–2013 — Fluminense
• 2003–2010 — Portuguese National Team

Honors

• Primeira Divisão/Liga: 1998–99, 2002–03, 2003–04
• Taça de Portugal: 1999–2000, 2000–01, 2002–03
• Supertaça Cândido de Oliveira: 2001, 2003
• UEFA Champions League: 2003–04
• UEFA Cup: 2002–03
• La Liga: 2004–05, 2005–06
• Supercopa de España: 2005, 2006
• UEFA Champions League: 2005–06
• Premier League: 2009–10
• FA Cup: 2008–09, 2009–10
• FA Community Shield: 2009
• Campeonato Brasileiro Série A: 2010, 2012
• Campeonato Carioca: 2012
• Ballon D’or Silver Ball: 2004
• UEFA Club Footballer of the Year: 2003–04
• UEFA Club Midfielder of the Year: 2003–04, 2005–06
• 2004 UEFA Champions League Final: Man of the Match
• ESM Team of the Year: 2004–05
• FIFA Club World Cup Golden Ball: 2006
• Portuguese League Footballer of the Year: 2003–04
• CNID Best Portuguese Athlete Abroad: 2006
• Premier League Player of the Month: August 2008
• Campeonato Carioca Best Player: 2012
• Campeonato Carioca Best Midfielder: 2012
• Globe Soccer Awards Player Career Award: 2013
• Golden Foot: 2016, as football legend
• Medal of Merit, Order of the Immaculate Conception of Vila Viçosa (House of Braganza)

Lympo NFTs

The Lympo Athlete NFT Pool includes real-life athlete collectible cards of various rarity levels: Common, Uncommon, Rare, Epic, and Legendary. The higher the level, the more valuable that particular card will be. There will also be an auction where you’ll be able to get a one and only GOAT (Greatest Of All Time Card) card.

Users can get these NFT sports cards by staking their SPORT tokens and earning credits.

Want to know more?

Visit the Lympo NFT minting platform.

Join our Telegram or Discord channels.

Follow us on Twitter

And while you’re at it, don’t forget to subscribe to our newsletter to be the first to receive the latest Lympo news.

Introducing the Portuguese Football Visionary — Deco was originally published in Lympo official on Medium, where people are continuing the conversation by highlighting and responding to this story.

31 May 2022 — Tallinn, Estonia — Lympo, a subsidiary of Animoca Brands, is pleased to announce the launch of the SPORT token, a new ERC-20 token to replace the old Lympo utility token LMT following a security incident earlier this year, and to reflect the extensive overhaul and enrichment of Lympo’s GameFi ecosystem, including SPORT token integration into the upcoming basketball manager and spell chess games in cooperation with Magnus Carlsen — the best chess player in the world — and his team. The SPORT token will also enable participation in Lympo’s treasury management governed by the principles of a decentralized autonomous organization (DAO).

Lympo is building a GameFi product suite based on officially licensed athletes’ non-fungible tokens (NFTs). Lympo’s ecosystem is built around its guiding principle that NFTs should have a clear utility and value proposition for their holders. The existing Lympo products, Lympo NFT Minting, and Lympo NFT Staking Platforms will allow SPORT holders to earn credits, mint NFTs, and stake NFTs together with tokens in order to receive more Lympo ecosystem and partner tokens in return.

Later this year, Lympo aims to launch its first game, a basketball manager game, including a dedicated generative art NFT collection of fantasy and real basketball players as well as the possibility to utilize other Lympo NFTs to upgrade the gameplay.

Through the recent partnership between Animoca Brands and Play Magnus Group (PMG), Lympo is also developing a blockchain-powered chess-inspired game in collaboration with the PMG’s Champions Chess Tour. The SPORT token, as the underlying Lympo ecosystem token, will serve as a gateway to both of these games.

“We are beyond excited to be co-developing a new chess game together with Lympo and Animoca Brands. The future concept will revolutionize the experience of casual chess lovers by adding new elements to the strategy play and establishing true ownership. This experimental mode will truly merge the foundations of chess and blockchain Play-to-Earn gaming.”

said Sebastian J. Kuhnert, Chief Business Development Officer at the Play Magnus Group.

2.5% of SPORT’s total token supply will be allocated to Lympo’s treasury, which has the goal to increase the number of users in the Lympo ecosystem and is governed according to the principles of a DAO. In addition to this, Lympo will allocate a part of the proceeds from its NFT sales to the treasury. Participation in governance of the SPORT token ecosystem, including submitting, discussing, and voting on proposals, will be enabled for all SPORT token holders who hold an NFT from a special future NFT collection to be announced later this year.

Lympo LMT tokens will change their utility and become an in-game play-to-earn currency. Any current holder of LMT tokens who held LMT prior to the security incident on 10 January 2022 will be able to claim their SPORT tokens (in a ratio of 1 SPORT: 1 LMT) on the official Lympo website immediately after the SPORT token listing on the first centralized and decentralized exchanges. Additional SPORT tokens will be made available to claim for LMT token holders who purchased their LMT between January 10 and January 16, 2022.

The SPORT token launches on 31 May 2022 on the MEXC exchange (SPORT/USDT pair) and on the decentralized exchange Quickswap (SPORT/MATIC and other pairs). The SPORT token contract is bridged to Polygon Network and BNB Chain.

More information about the Lympo GameFi ecosystem can be found in its updated lightpaper.

About Lympo

Lympo, a subsidiary of Animoca Brands, is building a GameFi product ecosystem based on the officially licensed athlete’s non-fungible tokens (NFTs). Lympo’s products include the NFT Minting and NFT Staking Platforms as well as the upcoming sports-themed play-to-earn games like basketball manager or chess. Lympo is a holder of IP rights of 50+ world-leading athletes including the best chess player in the world Magnus Carlsen. Learn more at www.lympo.com or get updates on Twitter or Telegram.​

About Animoca Brands

Animoca Brands, a Deloitte Tech Fast winner and ranked in the Financial Times list of High Growth Companies Asia-Pacific 2021, is a leader in digital entertainment, blockchain, and gamification that is working to advance digital property rights. It develops and publishes a broad portfolio of products including the REVV token and SAND token; original games including The Sandbox, Crazy Kings, and Crazy Defense Heroes; and products utilizing popular intellectual properties including Disney, WWE, Snoop Dogg, The Walking Dead, Power Rangers, MotoGP™, and Formula E. The company has multiple subsidiaries, including The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Forj, Lympo, Grease Monkey Games, and Eden Games. Animoca Brands has a growing portfolio of more than 200 investments in NFT-related companies and decentralized projects that are contributing to building the open metaverse, including Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games, Harmony, Alien Worlds, Star Atlas, and others. For more information visit www.animocabrands.com or follow on Twitter or Facebook.

Starting today, you can visit lympo.io to review your LMT holding reports and prepare for the SPORT token distribution.

About the SPORT Token

The SPORT token will be replacing the functionality of LMT. Once the SPORT token is implemented into the Lympo NFT ecosystem, all SPORT holders will be eligible to participate in Lympo NFT minting pools and NFT Staking events to receive additional SPORT tokens

You can read more about the SPORT token here — Lympo Lightpaper

How To Review Your LMT Holdings Report

1. Visit lympo.io and connect your wallet
2. You will be presented with the information we’ve gathered about your LMT holdings through all available networks for the wallet you have connected.
3. You have 72 hours to review the information to make sure it’s correct.
4. If you believe the information to be correct, confirm your LMT holdings and wait for Stage 2 to begin.

If you believe that the information gathered is incorrect, you can submit a request for a manual review. After manual re-calculation review, your LMT holding report can show more, less or the same amount of LMT.

During the 72-hour period, you can email the Lympo team with questions about Stage 1. We’ll provide all the assistance we can!

How Were The LMT Holding Reports Generated?

These past few months we have been working hard to scrape and collect all the data about the LMT holders affected by this incident. We’ve collectively created a database of all LMT holders throughout the various available networks — using this data, Lympo engineers calculated how much LMT each wallet has held across various networks.

Due to the complexity, there might be small discrepancies in these calculations. That’s why each user will have 72 hours to log in and review the report generated by our team. If users believe the report doesn’t represent their LMT holdings accurately we will offer a manual review upon request (this might result in more, less or an equal amount of SPORT token received).

Want to know more?

Visit the Lympo NFT minting platform.

Join our Telegram or Discord channels.

Follow us on Twitter

And while you’re at it, don’t forget to subscribe to our newsletter to be the first to receive the latest Lympo news.

SPORT Token Claiming Stage 1: Review Your Holding Reports! was originally published in Lympo official on Medium, where people are continuing the conversation by highlighting and responding to this story.

Dear community,

Last week has been one of the most thrilling weeks for Lympo so far — especially, with the introduction of the $SPORT Token.

Let’s rewind all the major events of last week.

The $SPORT Token

Let’s start with the most important news of last week — the introduction of the $SPORT token.

The $SPORT token will be the main cryptocurrency powering the Lympo ecosystem — replacing the functionality of the $LMT token. The $SPORT token will be utilized in Lympo NFT minting pools and NFT Staking events.

All users that were previously holding $LMT tokens will be able to claim the $SPORT tokens as an additional benefit and incentive.

The new token distribution for $LMT holders will happen in 3 stages with the first stage being the review of the data on all $LMT holdings.

For more information on the $SPORT token distribution check out our article.

Lympo Lightpaper Updated

With these major changes happening here at Lympo, we have also updated our lightpaper. The new version of the Lympo lightpaper features information regarding the $SPORT token and any updates related to it.

Check out the improved version of the Lympo lightpaper.

Fincor x Lympo Special Giveaway

Together with our partner Fincor, a brand new revolutionary blockchain technology, we’re hosting a special giveaway with the ability to win Fincor tokens. Complete simple gleam tasks and earn points to win.

Fincor is also giving away exclusive NFT prizes to the most active members on Discord and Telegram groups.

More information about the giveaway can be found here.

What the future holds?

As was mentioned earlier, we’re moving forward with the launch of the $SPORT token. Next, we’ll be announcing the start of the token distribution which will happen in 3 stages. Stay on the lookout on our social media for any updates!

We’re also working very hard on some other exciting stuff at Lympo — the introduction of new athletes, card collections, and partnerships. And, the development of our upcoming P2E game is going full speed!

Want to know more?

Visit the Lympo NFT minting platform.

Join our Telegram or Discord channels.

Follow us on Twitter

And while you’re at it, don’t forget to subscribe to our newsletter to be the first to receive the latest Lympo news.

Weekly Roundup — May 9th, 2022 was originally published in Lympo official on Medium, where people are continuing the conversation by highlighting and responding to this story.

Lympo will be issuing a token called SPORT. This token will act as the main currency powering the Lympo NFT ecosystem, allowing token holders to enjoy everything Lympo has to offer. In this article, you’ll find everything you need to know about the SPORT token and its implementation.

About the SPORT Token

The SPORT token will be replacing the functionality of LMT. Once the SPORT token is implemented into the Lympo NFT ecosystem, all SPORT holders will be eligible to participate in Lympo NFT minting pools and NFT Staking events to receive additional rewards.

Network — Polygon

Contract Address — PolygonScan Link

Decimals — 18

Total Supply — 1,250,000,000

Following the launch, SPORT tokens will be added to decentralized exchanges at the same price as LMT tokens before the security breach. The SPORT tokens will operate on three separate chains (Ethereum, Polygon, and Binance Smart Chain).

The contract addresses of SPORT on different chains are to be released and announced via official Lympo channels.

The SPORT Token Distribution

To make the SPORT token distribution seamless, we’ve updated the main Lympo website to act as an information hub — Lympo.io. Users will be able to reach the distribution page by connecting their wallets, reviewing holding reports and claiming a portion of the SPORT tokens.

Keep in mind that you’re not exchanging LMT for SPORT tokens. You get to keep all the LMT and receive SPORT tokens as an additional benefit.

What Will Happen to LMT?

LMT will become a native currency for all future Lympo Play-2-Earn (P2E) games. LMT will be used to handle all in-game transactions and will remain tradable.

SPORT Token Distribution Stages

We will split the SPORT Token distribution into 3 stages. The first stage will allow you to review your LMT holding reports generated by scraping data from all available networks. Once the reports have been confirmed and we make sure no errors were made, we will continue with the distribution of the SPORT token.

Stage 1 — Generating Reports

The Lympo team put in an enormous effort to scrape as much data from all the LMT contracts and various protocols as possible — using this data, Lympo engineers calculated how much LMT each wallet has held across various networks.

Due to the complexity, there might be small discrepancies in these calculations. That’s why each user will have 72 hours to log in and review the report generated by our team. If users believe the report doesn’t represent their LMT holdings accurately, we will offer a manual review upon request (this might result in more, less, or an equal amount of SPORT token received).

We’ll provide users with a way to contact the Lympo team and answer questions regarding Stage 1 and after 72 hours, all reports will be automatically accepted.

SPORT Calculations

1. Everyone who acquired LMT tokens BEFORE January 10, 2022, 06:24:19 AM UTC will be able to claim the SPORT tokens with a 1:1 ratio (SPORT to LMT)
2. Everyone who acquired additional LMT tokens BETWEEN January 10, 2022, 06:24:19 AM UTC and January 16, 2022, 12:18:58 AM UTC will be able to claim the SPORT tokens with a ratio of 1:2 (SPORT to LMT)

Stage 2 — Immediate Token Claim

During this stage, everyone eligible will be able to claim their SPORT tokens immediately.

Stage 3 — Vesting Period Token Claim

During this stage, everyone will be able to claim their SPORT tokens with a vesting period of 3 years — the first unlock being available in 2023.

Distribution Examples

What Happens to the Lympo NFT Minting Platform?

We have temporarily disabled the NFT Minting and Staking platform to create a smooth transition between the tokens. The platform will be updated with new features and visuals.

All the credits generated while staking LMT or any LP will be credited to the accounts.

Why is LMT Becoming a P2E Currency?

On January 10, 2022, some suspicious activity was noticed by Lympo. It turned out that an unknown hacker has compromised the security of an operation Lympo wallet and stole around 165.2 million LMT tokens. Lympo took immediate action to protect the remaining funds

Following the hacking incident, Lympo together with Animoca Brands started to lay out a plan that would ensure the safety of the Lympo ecosystem and protect the interests of all LMT token holders.

Seeing as Lympo has already been working on three different play-to-earn games that would operate around a new in-game dynamics token, exclusively, it was decided that the SPORT token would act as the main currency for the Lympo ecosystem. And, the LMT token would remain as a play-to-earn token. Minimizing the damages done and providing a fair and transparent solution to LMT holders.

Want to know more?

Visit the Lympo NFT minting platform.

Join our Telegram or Discord channels.

Follow us on Twitter

And while you’re at it, don’t forget to subscribe to our newsletter to be the first to receive the latest Lympo news.

Welcoming The SPORT Token — Everything You Need to Know was originally published in Lympo official on Medium, where people are continuing the conversation by highlighting and responding to this story.

Dear community,

We’re coming back with another Weekly Roundup. Reviewing the events of last week — expanding the Metaverse with new partnerships and a bundle of new athletes coming to Lympo. Let’s dive in!

Last Week’s Recap

Lympo x Vanquish Partnership

One of the most exciting events of last week — our partnership with Vanquish.

We have entered into a partnership with Vanquish and together we’ll work on building stronger connections between athletes and their fans.

Vanquish — a sports and entertainment agency and a business developer is working on connecting top-class athletes with partnership and business opportunities.

This is an exciting partnership because we and Vanquish aim for the same — allowing sports fans from all around the world to connect with their favorite athletes.

With this partnership, we’ll introduce numerous world-famous sports athletes to our platform — starting with 11 brilliant female football stars.

More on the partnership here.

The ”Navigating the Metaverse” Podcast

In other news, our CEO, Ada Jonuse, has been invited on the “Navigating the Metaverse” podcast where she shared her thoughts on Women in Web3 and The Next Gen Fans.

You can listen to the podcast here.

The Sandbox Partners with Design Egg

We weren’t the only ones with an exciting week. The Sandbox, one of our dearest partners, entered into multiple new partnerships last week. First of which — Design Egg, bringing the Pat a Pat Como into the Sandbox Universe.

Design Egg is a creative digital content company based in Korea. Together with Design Egg, The Sandbox will be building “Como Tiny World”.

In the virtual space, players will be able to explore magical places such as a toy castle and a pirate ship in the fishbowl, take action, solve puzzles and enjoy the metaverse.

CFDA Enters The Sandbox

The Sandbox has also partnered up with CFDA — The Council of Fashion Designers of America.

The aim of this partnership is to establish a web3 blueprint for American fashion in the metaverse with a mission to educate, innovate, and create a community in a digital world.

FlickPlay x The Sandbox

The Metaverse Social Platform, Flickplay is partnering with The Sandbox to provide the Sandbox community with the ability to own a Flicky and claim different Sandbox utilities tied to Flicky Traits.

Holders of a Flicky will be able to build the social status of their Flicky by flexing them in the real world and creating videos with them.

More on the partnership here.

Animoca Brands Acquires Two Major Video Game Publishers

Animoca Brands, the parent company of Lympo and The Sandbox, has announced the acquisition of two major video game publishing companies — Eden Games and Darewise Entertainment.

Eden Games is a publisher of popular racing games including the Gear.Club and Test Drive series. The company has strong experience in developing award-winning racing games across the mobile, console, and PC platforms and over 13 million game boxes sold and over 60 million app downloads worldwide.

Darewise Entertainment is a Paris-based game studio founded by former Ubisoft executives and other AAA games industry veterans. Darewise is currently developing a new play-to-earn (P2E) massively multiplayer online role-playing game called Life Beyond.

Animoca hopes these acquisitions will enhance its gaming ecosystem, including the REVV Motorsport ecosystem of blockchain-based racing games on Polygon.

Learn more about the partnerships on the Animoca Brands website.

What’s coming to Lympo?

Coming back to Lympo, we are moving forward with the launch of the new token following the hacking incident in January. The New Token will be released very soon — stay tuned for more news.

But these are not the only plans we have. In the upcoming weeks, we’ll introduce more new partnerships, as well as more top-tier world athletes, added to our Athletes Pool.

Want to know more?

Visit the Lympo NFT minting platform.

Join our Telegram or Discord channels.

Follow us on Twitter

And while you’re at it, don’t forget to subscribe to our newsletter to be the first to receive the latest Lympo news.

Weekly Roundup — April 19th, 2022 was originally published in Lympo official on Medium, where people are continuing the conversation by highlighting and responding to this story.