Tokenomics for the E1337 Loyalty Token: $1337
The $1337 token (pronounced LEET) will be launched in October 2020 alongside the first product launch for the world’s very first luxury E-sports apparel brand, E1337.
As a Loyalty Token, $1337’s main purpose is to reward the customers, fans and community members of the E1337 brand.
A total of 10,000,000 tokens minted in partnership with Roll.
300,000 (3%) reserved for the E1337 team.
500,000 (5%) provided to WhaleShark for initial Uniswap value setting.
1,200,000 (12%) reserved for $1337 chief partners and team.
1,000,000 (10%) reserved for the $WHALE Community.
7,000,000 (70%) reserved for customer and community member distribution.
Both the E1337 and $1337 team will have a 2 year vesting period whereby the sale of $1337 will be strictly prohibited.
As a loyalty token, $1337 will not be made available directly by Team E1337, and can only be earned through the following methods:
1, Purchase of E1337 products, with 5% of a customer’s total purchase (products only) being rewarded in a $1337 distribution.
2, Participation in E1337 events and competitions on any of our social media accounts, including but not limited to Discord, Twitter, Instagram, Naver blog and Facebook.
3, Purchase on the secondary market (Uniswap) from $1337 holders outside of the E1337 and $1337 core team.
4, Liquidity Mining initiatives to ensure a health economic ecosystem for the $1337 token.
At the time of this article, $1337 distribution for purchasers of E1337 products will be based on the value of $1337 on the 1st of every month and issued by the 30th of each month.
$1337 Loyalty Tokens will only be available for as long as the available 7,000,000 distributable $1337 supply lasts.
The $1337 Use Case:
The ERC-20 tokenization of what was traditionally a loyalty points rewards system, provides Team E1337 with a wide range of opportunities for innvation and value proposition creation.
A list of planned use cases to be initiated in the near future are below:
- Redeem physical products directly from E1337
- Redeem exclusive and rare E1337 digital wearables.
- Redeem exclusive and rare E1337 NFT collectibles.
- Custom designed physical OR digital wearables.
- Exclusive access to behind-the-scenes action on Discord.
- Community voting on new product launches.
- Access to exclusive physical and digital shows.
- Liquidy Mining for more $1337
- Among many more to come…
The Future of $1337:
The world will only continue to experience further globalization and digitalization.
With these trends that call for physical distancing (that have been exacerbated by COVID), the metaverse (virtual worlds) is a clear next evolution for communication and social interaction.
With the increasing importance of the metaverse, the $1337 team will leverage the growth of E1337 as the world’s most prominent luxury E-sports apparel brand, to focus on becoming the Gucci of the Metaverse.
Sophsticated fashion design meets wild metaverse creativity meets high quality modeling meets digital asset scarcity…
And all of this will only be purchasable using $1337.
Are you ready to start your journey as an E1337ist?
Follow us and Wear the Victory:
E1337 is the world’s first luxury E-sports apparel brand.
Founded by a professional team of passionate gaming and design enthusiasts, E1337 apparel was developed from the ground up with the gamer lifestyle in mind. From the choice of materials, to decisions on the smallest clothing design elements, every aspect of each E1337 apparel piece is designed to maximize comfort, performance and aesthetics.
Designed, sourced and manufactured in the Mecca of E-sports, Seoul South Korea, E1337 empowers E-sports Enthusiasts to unleash their inner champions and be victorious in the arenas of gaming and life.
About Voxel Architects
We are a team of artists passionate about virtual art, virtual reality, and blockchain technology. At base, we are professional designers and architects, mostly operating in the automotive sector. We decided to take a step forward, look up to the future and invest our time and resources in developing a visually pleasing and functional virtual world for everyone to use and enjoy. We are committed to always deliver our best product, in time and with no compromises. We love to take on challenging projects and customer satisfaction is our top priority. No matter the size and the difficulty of the project, Voxel Architects will build it.