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What Is the Connection Between Fashion Brands And Blockchain Technology? An Ecosystem Review Through the Lens Of a Fashion Brand

by lacygibson
September 14, 2022
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What Is the Connection Between Fashion Brands And Blockchain Technology? An Ecosystem Review Through the Lens Of a Fashion Brand
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expressed opinion entrepreneur Contributors are their own.

You are reading Entrepreneur India, the international franchise of Entrepreneur Media.

Leandro Lopes (LL) is an upcoming fashion that is multidimensional and authentic Card Integrity is formed through high quality and unique personalized design. Leandro Lopes is more than fashion or clothing. Leandro Lopes expresses a special spirit and way of life designed to connect people. Leandro Lopes has enormous potential thanks to its community of celebrities and influencers and its more than 20 million followers. Many market players consider Leandro Lopes to be one of the fastest growing fashion brands in 2022.



handout

Leandro Lopez Adhering to the value of producing only in Europe, a wide range of core products has been established such as sneakers, tops, pants and other shoes handcrafted from high quality materials. The production of all LL products takes place exclusively at the factory in Portugal, where the Lopes family has run a shoe factory and business since 1962.

In order to accelerate the growth and internationalization of the LL-fashion business, Leandro Lopes Group has decided to utilize blockchain technology to introduce the $Lopes token and cryptocurrency-based infrastructure through an initial coin offering (“LL-ITO” or “ITO”) .

The funds raised by LL-ITO will be used for investments: opening several LL flagship stores and expanding the fashion business in the US and Asia.

Leandro Lopes Token ($Lopes) and the Lopes LL Ecosystem

The Leandro Lopes Token (“$Lopes”) is a utility token based on ERC-20 blockchain technology. Polygon Blockchain is a public blockchain for receiving and sending $Lopes tokens.

The $Lopes token is a key proxy for the entire LL ecosystem. It is innovative, blending the physical presence of the Leandro Lopes brand with the virtual. NFTs, metaverses, and other digital assets are the primary elements customers can use to enter the virtual fashion space, a world where they can wear and use virtual shoes, clothing, and other items in a massively growing avatar ecosystem. LL-Ecosystem offers its clients several innovative opportunities to earn through $Lopes tokens and NFTs provided by Lopes LL-Ecosystem.

$Lopes token holders receive discounts and loyalty rewards for purchasing Leandro Lopes products.

LL-NFT

Each pair of shoes has a unique identification number. Successful buyers of these shoes are eligible to receive a virtual replica in the form of an NFT, a virtual certificate of ownership that runs on the blockchain. Each NFT proves to the owner its type, size, date of purchase, etc.

Owners of NFTs and $Lopes shoes are entitled to participate in the issuer’s “Wear to Earn” loyalty and LL-Status program.

LL-Metaverse

Leandro Lopes Holding AG plans to launch the LL-Metaverse by the end of 2023, with a focus directly related to the launch of Leandro Lopes digital luxury goods dedicated to virtual environments.

LL-Metaverse will provide a virtual social venue where participants can interact, meet community members and celebrities, play, attend Leandro Lopes fashion events and purchase items from Leandro Lopes products.

Mining and staking of $Lopes

$Lopes shoes can mine $Lopes tokens. The number of coins that can be mined per day depends on the number of steps the user takes per day and the amount of $Lopes available in the LL-Mining Pool that day.

$Lopes -Ecosystem includes a special staking program. Holders of $Lopes can choose to stake their $Lopes by placing restrictions on the disposal of $Lopes for a certain period of time. This disposition limit shall be 1 year or an integral multiple of it to maintain designated status in the Lopes Status Program. Additionally, owners of $Lopes can place a disposition limit on their $Lopes for a period of time they choose to mine $Lopes, such as 30, 60, 90, 120 days or more. The $Lopes token used for staking has a staking yield of 8% per year. During the vesting period, $Lopes tokens will not be eligible for staking.

Initially, token holders can earn up to $2,000 per day from mining, but the size of the reward increases as new features are added, namely game elements and other products. After all, token holders will receive a possible income of $2.000 per day.

Terms and Conditions for $Lopes Products

The standard selling price for a dollar of Lopes is $0.25. After applying the discount, the minimum purchase amount in the private pre-sale phase is 100,000 EUR.

During the private pre-sale phase (July 4-September 30, 2022), the sale price will be discounted by 30%, making each Lopes an effective price of $0.175.

The private sale phase is followed by a public pre-sale phase (October 1 to December 31, 2022). The minimum purchase amount is $100. The discount rate will depend on the purchase price paid. For example, if someone buys Lopes for $1,000, the discount is 10%, and for those buying $15,000 and above, the discount is 25%.

The purpose of the Lopes issue is to raise up to CHF 25 million, mainly for the expansion of the Leandro Lopes business into the US and Asia, the opening of the Leandro Lopes flagship store and for marketing purposes.

in conclusion

Leandro Lopes is a fashion brand and a great example of how the digital economy is entering our world and finding new applications. LL-Ecosystem is committed to creating a new way of interacting with customers.

If you want to get involved, you are welcome to join the private or public pre-sale. The private pre-sale will run until September 30, and the public pre-sale will run until December 31, 2022.

Note: Investing in cryptocurrencies and cryptoassets carries financial risks and readers should conduct their own due diligence. Entrepreneur Media does not endorse any such investment.

Tags: blockchainblockchain technologyBrandBrandsConnectionecosystemFashionfashion brandLeandro LopezLensReviewtechnology
lacygibson

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