Lympo is revolutionizing the sports industry through blockchain technology by merging elements of GameFi and sports-themed NFTs. It aims to use non-fungible tokens to issue sports memorabilia as digital collectibles to power a new era of engagement for the sports industry and its fans.
The Lympo ecosystem is driven by sports NFTs and Play-to-Earn (P2E) elements. Lympo NFTs can be used and monetized by sports organizations in various ways, including for staking, within the metaverse, and for providing P2E experiences to fans.
LYM is the utility token of the Lympo ecosystem and is designed as an ERC-20 token. The Lympo platform operates on the Layer-2 Polygon network, giving its users higher scalability, affordability, and flexibility but with the superior security benefits of the Layer-1 Ethereum blockchain.
In addition to $LYM, the platform supports two other cryptocurrencies - $SPORT, the Lympo ecosystem’s primary token, and $LMT, the play-to-earn currency. Both these tokens are also bridged to function on Ethereum and BNB Smart Chain networks.
