LykaCoin – All-in-One Blockchain Ecosystem

LykaCoin is a multi-chain blockchain ecosystem much like Polkadot and Avalanche however promising to be extra aggressive. Its objective is so as to add improvements, progressive views, and a unique imaginative and prescient to the newly-built meta universe with the tasks it can do and develop. Notably, it goals to draw them with zero gasoline charges and probably unprecedented scalability.

This LykaCoin evaluation appears to be like nearer at one of many quickest growing blockchain tasks within the trade. Learn on to find its options, tokenomics, and roadmap!

LykaCoin Blockchain

LykaCoin plans to be a hyper aggressive blockchain undertaking addressing the present trade points, comparable to costly gasoline charges and gradual transactions. The crew believes that by way of innovation, progressive views, and a unique imaginative and prescient, they will construct a secure and profitable meta universe the place tasks can develop.

The undertaking has the same ecosystem to blockchains like Avalanche and Polkadot. Nonetheless, the builders have designed it with built-in compatibility with Ethereum and different networks. This manner, the Lyka blockchain is ready to assist quite a few undertaking sorts, together with Metaverse, Play-to-Earn, Stroll-to-Earn, Staking Dapps, Launchpad, Web3.0, NFT Playing cards, Change, Yield, and Blockchain.

However, LykaChain’s near zero gasoline charges make it stand out from comparable blockchain networks.

The crew focuses on the holistic adoption of blockchain expertise. Its motto is “to make cryptocurrency development services agile, efficient and cost-effective even for small-scale businesses.”

To this finish, the Lyka companies are reasonably priced sufficient to assist even the smallest corporations develop sustainable tasks. For example, the platform makes use of “100% productive and feasible” strategies for the event of stablecoin tasks. Different options embody NFT Growth, IDO improvement, Coin/token improvement, cryptocurrency alternate improvement, crypto {wallet} improvement, good contract improvement, and cryptocurrency improvement.

Lyka Transfer-to-Earn

Lyka Transfer-to-Earn proposes a well being, health, and charity app enabling customers to earn tokens whereas understanding. In truth, they will convert their good points into cash, and all they need to do is stroll.

Basically, Lyka’s Transfer-to-Earn is a step counter and distance tracker app. Nonetheless, opposite to most exercise purposes, this one rewards customers with a gentle revenue for strolling, operating, and different indoor/out of doors exercise actions. Later, they will withdraw their earnings or alternate them for NFT playing cards.

Lyka Play-to-Earn

The undertaking will allow customers to earn tokens by participating with its distinctive play-to-earn (P2E) video games. For instance, they will gather power-ups and enhance their characters’ potential and even revive them. Alternatively, they will buy a Metabox from the Lyka retailer, which comes with a random NFT from the undertaking’s Metaverse assortment.

Holding a Lyka NFT can present customers with a number of incomes alternatives. For example, each NFT has a singular rarity rating and staking multiplier. So, the upper these metrics are, the higher the prizes customers can entry.

Lyka NFT Playing cards

Lyka will allow customers to gather, commerce, and retailer NFT playing cards, that are more and more fashionable in decentralized networks. These property may be in-game rewards or good points from third-party platforms and marketplaces. All in all, they supply a brand new possession mannequin with potential wealth-building alternatives.

Lyka Metaverse

Lyka defines itself as a Metaverse-centered undertaking, exploring one of the crucial promising technological improvements. To this finish, the crew is constructing a digital infrastructure, permitting customers to stake their tokens in return for varied perks, comparable to easy accessibility to token launches. Different advantages might embody staking payouts, Metaverse stake drops and shopping for or promoting digital land.

Lyka Staking dApp

This service works on an eco-friendly, proof-of-stake (PoS) platform. Customers can stake their funds by leveraging efficient safety measures and offering a Safe Asset Fund for Customers (SAFU).

The undertaking’s staking methodology is secure, environmentally pleasant, and permits customers to earn a passive revenue just by storing or locking funds in a {wallet}. The extra people and institutional traders do that, the upper the rewards may be.

Lyka Yield

Lyka permits customers to apply yield farming on its platform, which works by lending or staking cryptocurrency in alternate for curiosity and different rewards. Yield farmers can earn 48% APY for one 12 months of staking their property. Additionally, in the event that they stake them for 2 years, they will get 60% APY.

Lastly, Lyka seeks to supply an reasonably priced and quick blockchain resolution. The crew believes the blockchain customers of tomorrow will search for zero gasoline charges earlier than onboarding tasks. Due to this fact, Lyka goals to be on the forefront of practically free-to-use blockchain companies. Quickly, the crew will talk about extra of its upcoming merchandise, together with a launchpad, a swap characteristic, and a crypto alternate.

The LYKA Token

Fueling the Lyka ecosystem is the LYKA token, a BEP-20 token the crew developed on the BNB Chain. Its objective is to supply utility in a lot of the undertaking’s merchandise and options. For example, holders could make a revenue whereas spending their time utilizing Lyka companies.

The entire provide of LYKA tokens reaches 10,000,000 items, which the undertaking distributes as follows:

  • IDO Sale – 40%
  • Staking Rewards – 25%
  • Liquidity – 22%
  • Ecosystem – 5%
  • Airdrop – 4%
  • Staff – 4%

Quickly, the crew plans to listing the LYKA token on prestigious exchanges and value aggregators, comparable to Vindax, CoinGecko, Coinmarketcap, and PancakeSwap.

Roadmap

In response to the LykaCoin whitepaper, the undertaking has 4 improvement phases. At the moment, we’re within the second stage. Here’s a full overview of its roadmap:

Section 1

  • Market analysis & Prototype design
  • Undertaking Conception
  • Staff Constructing
  • Web site Growth
  • Whitepaper
  • LYKA Coin Growth

Section 2

  • Staking Dapp dwell
  • Lyka Swap dwell
  • Pancake Swap Change itemizing
  • Lyka Yield dwell
  • Coinmarketcap itemizing
  • Vindax Change Itemizing
  • CoinGecko itemizing

Section 3

  • Lyka Transfer dwell
  • Promotion and Advertising and marketing
  • Lyka Play-to-Earn will go dwell
  • Strategic Partnerships
  • Lyka Take a look at Web dwell

Section 4

  • Lyka NFT & Market Reside
  • Launchpad Growth
  • Lyka Change Growth
  • Essential Web dwell
  • Lyka Verse Growth

Last Ideas

LykaCoin goals to grow to be the go-to place for all blockchain-based companies and merchandise. For instance, the crew needs to “fuel, refine, and accelerate projects built on the virtual platform” by way of its launchpad. Moreover, it ought to present customers reasonably priced entry to the way forward for blockchain and the Metaverse.

The undertaking’s foray into play-to-move and play-to-earn purposes ought to appeal to customers looking for enjoyable and community-building options. Then again, NFT playing cards and staking will lure in seasoned traders and collectors within the trade.

For extra details about LykaCoin, please observe the hyperlinks: Website | Twitter Telegram | Instagram.

Disclosure: This can be a sponsored put up. Readers are inspired to conduct additional analysis earlier than taking any motion. Moreover, Crypto Journey doesn’t endorse any crypto tasks or cryptocurrencies listed, talked about, or linked to on our website. Buying and selling cryptocurrencies is a extremely dangerous exercise that may result in main losses. You need to seek the advice of your monetary advisor earlier than making any choice. Be taught Extra

See Also
Celebrating the Merge; First PoS NFT Bought For 36 ETH



Disclaimer :- Investing in bitcoin and different preliminary coin choices (ICOs) is extremely dangerous and speculative. Because every particular person’s scenario is exclusive, a certified skilled ought to at all times be consulted earlier than making any monetary choices. The Crypto Kingdom makes no representations or warranties as to the accuracy or timeliness of the knowledge contained herein.

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Disclaimer :- Investing in bitcoin and different preliminary coin choices (ICOs) is extremely dangerous and speculative. Because every particular person’s scenario is exclusive, a certified skill should be consulted at all times before making any monetary choices. The Crypto Kingdom makes no representations or warranties regarding the accuracy or timeliness of the knowledge contained herein.

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