LBank’s Latest 2023 Launchpad Project: UMM Comprehensive Introduction
MetaExpand: A Forefront to Metaversal Development
MetaExpand, abbreviated as UMM, is a universal metaverse expansion protocol, designed to bridge the technical gap between public chains and metaverse applications.
It serves as a foundational infrastructure of the metaverse ecosystem, enabling the development of applications that are significantly user-friendly, and technologically advanced, accommodating features such as storage, communication, privacy, cross-chain capabilities, and transactions. MetaExpand’s aim is to allow developers to focus more on application development rather than the intricate details of underlying blockchain technology.
Fostering Interoperability and Enhancement
The design philosophy of MetaExpand is customer-centric, focusing on both developers and real users. The protocol fosters a seamless interaction with the metaverse without necessitating extensive knowledge about the underlying technical facilities. It abstracts the essential operation types for NFTs, managing them through standardized interfaces, thus offering diversified metaversal experiences to ordinary users, developers on public chains, and community developers.
Versatile & Extensive Technological Capabilities
MetaExpand is armed with a multitude of capabilities, including compatibility with multi-chain NFT assets and strong extendability. The platform is abundant in supporting facilities like Wallets, Open Markets, Explorers, and Platform SDKs. It exemplifies advanced technological principles like Cross-chain capability, Privacy Protection through Zero-Knowledge Proof, and Fragmentation and Lattice Networks, all managed under a robust consensus algorithm.
UMM Token
The UMM token operates with diverse utilities, including fee payments, decentralized governance, and staking opportunities.
The token supply and allocation are strategically planned, with ecological incentive rewards holding 72%, external ecological value exchange 10%, team allocation 8%, and financial allocation 10%.
Only 1% will be distributed in this Launchpad.
Impressive Performances & Profitable Ventures
The previous LBank Launchpad has garnered immense success, with a total increase reaching 2003%, and early investors gaining maximum profits exceeding 20,000 USD.
This impressive performance underlines the profitable and promising prospects of the upcoming UMM project, highlighting LBank’s commitment to offering value-driven opportunities to its community.
Journey into the Gaming Universe: Jurassic Virus
MetaExpand unveils its first full-chain game, Jurassic Virus, set in a world invaded by the Jurassic virus in 2050. This game leverages MetaExpand’s powerful underlying capabilities, offering iterative and improving abilities within its settings and scenarios.
It introduces a game coin, “culture,” attainable exclusively through staking UMM and provides opportunities for direct exchange back to UMM upon winning in-game.
Participation Pathways: UMM Launchpad
LBank announces UMM’s token sale following the Launchpad subscription format. The subscription involves a meticulous process, taking snapshots of users’ principals across multiple periods, with details like Hard Cap per user and Public Sale Token Price explicitly stated, ensuring transparency and user awareness.
The token distribution is planned meticulously, keeping user convenience and comprehension in mind.Users intrigued by the prospects of UMM and eager to participate in its success journey should follow the outlined steps to get involved in the token sale.
Snapshot Period & Participation:
The snapshot period is set from 00:00 on September 1, 2023, to 00:00 on September 27, 2023 (UTC). During this period, LBank will record users’ mainstream cryptocurrency balances (BTC, ETH, USDT, LBK) for 27 days across Spot, Futures, & Earn accounts. To participate, users must ensure to have engaged in at least one trading activity on LBank during this period.
Note: The Futures account snapshots will only consider users’ principals, excluding any futures bonus.
UMM Token Sale Specifics:
• Token Name: UMM
• Tokens Allocated to LBank Launchpad: 1,000,000 UMM (1% of total token supply)
• Hard Cap Per User: 20,000 UMM
• Total Token Supply: 100,000,000 UMM
• Public Sale Token Price: 1 UMM = 0.1 USDT
• Token Sale Format: Subscription
• Supported Sessions: USDT
Subscription Timeline:
• Holding Calculation Period: From 2023–09–01 00:00 (UTC) to 2023–09–27 00:00 (UTC). Hourly snapshots of user BTC, ETH, USDT, and LBK balances will be calculated each day over this 27-day period to determine the maximum amount of USDT that users can commit.
• Subscription Period: From 2023–09–28 06:00 (UTC) to 2023–09–28 11:00 (UTC). Subscription will be open for all eligible users for 5 hours. During this time, users must also sign the Token Purchase Agreement before committing their USDT. Once committed, the USDT will be deducted.
• Calculation Period: From 2023–09–28 11:00 (UTC) to 2023–09–28 13:00 (UTC). Subscription closes, and token allocation calculation begins.
• Distribution:At 2023–09–28 13:00 (UTC). UMM tokens and any remaining USDT will be distributed to users’ spot wallets, and the token distribution results will be announced.
Eligibility & Restrictions:
Participants must complete account verification and reside in an eligible jurisdiction. Users from Belarus, Cuba, the Crimea Region, the Democratic Republic of Congo, Iran, New Zealand, North Korea, South Sudan, Syria, the United States of America and its territories, Zimbabwe, and China are not eligible to participate in token sales on the LBank Launchpad platform.
Staying Informed:
Stay updated and connected through MetaExpand’s Official Websiteand social media platforms:
• Discord
• Telegram
This opportunity to be a part of UMM’s journey with LBank holds immense potential and promise. Interested users are encouraged to carefully review the details and adhere to the mentioned guidelines to seamlessly participate in this innovative project’s token sale.
Remarks:
UMM, the latest Launchpad project by LBank in 2023, encapsulates a myriad of innovative features and lucrative opportunities. Its introduction marks a significant milestone in the metaversal domain, potentially revolutionizing application development and user interaction in the ecosystem.
The project aligns with LBank’s vision of fostering technological advancements and offers a promising avenue for investors and developers seeking to explore and contribute to the burgeoning metaverse. Keep an eye on this groundbreaking project as it unfolds the future chapters of the metaversal journey.
This comprehensive introduction serves as a precursor to the evolving dynamics of MetaExpand and the UMM project. Stay tuned for more updates and delve deeper into the metamorphic world of the metaverse with LBank.
