Lovelace ($LACE) helps players play and creators create in the Metaverse. It is the first Metaverse as a service platform allowing creators to easily develop digital products with gamified rewards, leveraging proven technology and infrastructure available through the Lovelace SDK.
IDO Date: Tuesday, November 23rd,
Staking Eligibility Cutoff: Tuesday, November 23rd, 5 AM UTC
Public Sale Token Price: $0.045
Allocation Round Opens: Tuesday, November 23rd, 8 AM UTC
- #BSCPAD FCFS Round: Tuesday, November 23rd, 1 PM UTC
- #ADAPAD FCFS Round: Tuesday, November 23rd, 1.10 PM UTC
PancakeSwap Launch: Tuesday, November 23rd, 3 PM UTC
Maximum Token Supply: 250,000,000 $LACE
Public Sale: Tuesday, November 23rd,
- #BSCPad: 3,333,333.33 $LACE
- #ADAPad: 3,333,333.33 $LACE
Circulating Supply at Listing: 8,833,333 $LACE
Market Capitalization at Listing: $397,000
Public Sale Vesting Schedule: 33% at TGE, 33% per month for 2 months
Lovelace is the first Metaverse as a service platform allowing creators to easily develop digital products with gamified rewards, leveraging proven technology and infrastructure available through the Lovelace SDK. With Lovelace, brands and creators can unleash the true potential of NFTs, harness the power of the Metaverse, and build customized Play-to-Earn blockchain games along with so much more.
How Lovelace Fits In the Current Ecosystem?
Lovelace wants to enable creators to make great play to earn metaversal products and games without having to start from scratch. The gaming engines, audited smart contracts and NFT capabilities allow creators to make games for 20% of the effort while our platform does 80% of the work.
Because Lovelace infrastructure works across multiple blockchains, platforms and ecosystems it allows us to enhance any project or game. Choose the infrastructure you like the best and start building!
The Lovelace token ($LACE) is an ERC20 standard asset (across EVM compatible infrastructure) and a Cardano native asset with a total fixed supply of 250,000,000 tokens. Total supply of $LACE will remain the same across all infrastructure.
Staking contracts and specific Lovelace developed games will be deployed on multiple chains to enable participation by marketplaces, DEX users, and token holders.
Total allocation is as follows:
- 55,000,000 (22%) Lovelace will be allocated to community participation events
- 50,000,000 (20%) will be vested long-term by team members
- 12,500,000 (5%) will be vested long-term by Advisors
- 186,000,000 (18.6%) will be vested over 24 months and be used to strengthen the Lovelace ecosystem
- 25,000,000 (10%) will be used for liquidity in DEX and CEX across various blockchains and infrastructure
- 53,750,000 (21.5%) tokens will be used as network participation rewards in and out of games
Lovelace’s native token ($LACE) will empower creators to use a host of creator tools and build custom projects from the ground up. $LACE will also give users of the cross chain NFT marketplace discounts on transactions, access to exclusive launches on our launchpad, governance to help decide which direction the project goes in, and so much more.
We have spent a lot of time building out our value accrual mechanisms and ensuring our token utility has real world value.
An overview of what that utility includes is as follows:
i) Launchpad requirement: required to get early access to Initial Game Offering (IGO) opportunities
ii) Platform token: use for service and fee reductions
iii) Access token: access to launchpad and SDK
iv) Staking requirement: needed to stake for project and partner rewards
v) P2E requirement: various aspects and tiers of our P2E ecosystem will require holding/staking $LACE/partner tokens
vi) Governance: voting on projects to be incubated, treasury claims
Within next 2 months:
- $LACE fungible token Launch
- Lovelink, Ethereum — Cardano connector, allowing for cross-chain rewards
- Adanimals NFT release on EVM, with connected rewards on Cardano
- Adanimals P2E ecosystem token
- Lovelace Marketplace
- NFT Creator Toolkit smart contracts
- Adanimals P2E game Launch
- Launch of NFT and GameFi projects from Lovelace Launchpads
- Deploy Lovelace NFT smart contracts and marketplace on Cardano