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Lyvely Airdrop: All The Details Inside!

Lyvely is the first-ever fully licensed SocialFi platform designed for the masses. The award-winning creator-led social monetization platform is designed to overcome the limitations of a fragmented media landscape that only facilitates monetization for the top 1%. Lyvely enables all creators, freelancers, independent professionals, and digital entrepreneurs (referred to collectively as “Creators”) to capitalize on unparalleled monetization opportunities and build a thriving revenue stream through Lyvely’s all-in-one platform. The platform’s integrated crypto/fiat hybrid fintech features help creators think more entrepreneurial, shape their unique digital brands, build paid communities, and unlock the full earning potential of their digital presence.

Lyvely has taken a different approach to SocialFi, and it’s paying off. With a familiar Web2 user experience seamlessly integrating Web3 tokenization features, Lyvely has been developed for anyone looking to enhance their digital presence and monetize their content or services. Brands and digital entrepreneurs can combine multiple distribution mediums and revenue models on Lyvely to maximize their reach and revenue. The platform’s commitment and unique selling proposition is that every Lyvely profile pays. Based in the UAE, Lyvely is the first SocialFi platform to secure an operational license from the RAK Digital Assets Oasis (RAK DAO) governing board.

Lyvely has become recognized for driving innovation in the MENA region and has secured significant equity investment from the Phoenix Group, a publicly listed tech conglomerate that is among the largest Bitcoin miners globally. Other institutional backers include M2, a fully regulated centralized exchange in the UAE, and Cypher Capital, a leading Web3 venture capital firm. Lyvely and its founders have won numerous awards this past year, including Social Platform of the Year 2024 and Mastercard’s Innovator of the Year 2024.

Point System Rewards Launch

We are thrilled to introduce the most significant Lyvely campaign to date: the launch of our innovative point system, which is an engage-to-earn mechanism that will become the foundation of the LVLY token’s utility within the Lyvely platform. This points system campaign is designed to reward our early adopters and pave the way for the official Lyvely token airdrop. By participating in this campaign, you can earn points that will later convert to Lyvely token (LVLY), offering substantial utility and value within the platform as we roll out our token generation event (TGE) in Q4 this year.

LVLY is an ERC-20 token, built on the Base network.

Lyvely’s Official Airdrop Overview:

  • 20,000,000 LVLY token giveaway
  • $3,000,000 value at TGE
  • 20% Unlock at TGE, 6-month linear daily vesting
  • Create a free account on Lyvely, follow quests to earn points
  • Points accumulated during the campaign convert to LVLY token 1:1

Campaign Structure: A Two-Phased Approach

Phase One: Onboard & Engage
Start date: August 19th, 2024

The first phase of the campaign focuses on awarding points to new platform users who register for a Lyvely profile and participate in basic engagement quests within the platform. During this phase, we have allocated 10 million LVLY, representing 50% of the total pool dedicated to the points campaign.

The Points to Token exchange rate is set at 1 Point = 1 LVLY, which is valued at $0.15 each at the TGE. This means that $1.5 million worth of LVLY will be available during phase one.

How to Earn Points in the Lyvely Platform

To begin accumulating points, you must start by creating a Lyvely account. To create your free account, visit our official website, https://get.lyvely.com/
Check out this video for step-by-step instructions on how to create a Lyvely account and start earning points.

This phase of the rewards quest has two sections: The Onboarding Quest and the Engagement Quest.

Onboarding Quest

  • Create Account: 10 points
  • Upload your Profile Photo: 10 points
  • Upload Background Image: 10 points
  • Write your Bio: 10 points
  • Add at least 1 Social Media Link: 10 points
    Total points in Onboarding Quest: 50 points

Engagement Quest

Now it’s time for the Engagement quest. This is where things get exciting. By engaging with Lyvely’s verified creators, you are contributing to an empowering and supportive ecosystem filled with talented creators, purpose-driven brands, and digital entrepreneurs.

Here are 3 ways to earn points by engaging with Lyvely verified creators and creating your first post:

  • Follow 10 verified creators: 5 points for each creator
  • Like 10 verified creator posts: 5 points each
  • Create your first post: 250 points

Total points in Engagement quest: 350 points
Total points in Onboarding & Engagement Quest: 400 points (400 points = 400 LVLY)

Phase Two: Sidequests
Start date: September 16th, 2024.

The second phase of the points campaign is focused on targeted quests to increase the total points earned after maxing out on the initial onboarding and engagement quests. The goal of this phase is to incentivize continuous activity, community engagement, and content creation within the Lyvely platform.

This phase also has 10 million LVLY allocated, completing the remaining 50% of the total pool, equivalent to a total value of $3 million of LVLY token given away during the official points campaign.

During this phase, special tasks will periodically become available, offering extra points or allowing individuals to be entered into raffles for participating in specific engagement quests. Examples of these tasks include starting a community on Lyvely, commenting on verified creators' posts, referrals, and participating in special events or giveaways. Additionally, users can earn points by engaging in various activities hosted by Lyvely and following their founding creators, KOLs, or verified creators.

To make the most out of this phase, users are encouraged to stay active and regularly check their Lyvely accounts to complete these sidequests and maximize their earning potential.

Phase 2 rewards are planned to be distributed from September 19th to October 01st, or until all 20 Million LVLY token allocation has been distributed.

Token Distribution and Unlocking Schedule

To ensure a smooth distribution and optimal market price action, we have implemented a structured and automated unlocking schedule for LVLY earned from the rewards quests.

  • 20% of your LVLY is unlocked the day of TGE, followed by 6 months of daily linear vesting.
    This means that upon TGE, 20% of your total points are released as LVLY token. The balance of your points will be released as LVLY tokens daily over six months. This is done via secure and automated vesting from our partner Sablier.

Important Note on Wallets
LVLY is an ERC-20 token built on the Base network. To receive your LVLY token, you must connect to our Lyvely wallet using your google email login, before October 03rd 2024. This is an EMV-compatible wallet address, where you can send and receive LVLY token, or any other Ethereum network or ERC-20 token. You can also connect to our wallet using your MetaMask, but this is not recommended. You can easily link your digital wallet to your Lyvely profile via your settings.

We are excited to see our community grow and thrive through this campaign. Stay tuned, stay active, and enjoy your Lyvely journey!‍

Read our Airdrop Terms & Conditions here