L1X App is not just an application; it's a Web3 Super-App with a thriving ecosystem designed to facilitate the widespread adoption of interoperable and multi-chain Web3 projects. At the core of this revolutionary platform are the L1X App NFTs, which play a pivotal role in shaping the future of this exciting new digital landscape.
The L1X App: Your Gateway to Web3
The L1X App is meticulously designed to make interactions with Web3 and its upcoming projects effortless. It serves as the central hub for DeFi, gaming, launchpads, marketplaces, Web3 websites, e-commerce, all while offering a comprehensive view of your asset portfolio. In addition to its core features, the L1X App introduces innovative elements like Product Traceability, Space Cards, and more, thereby positioning itself as the ultimate one-stop hub for all your Web3 needs. With L1X App NFTs, you not only gain access to this vibrant ecosystem but also the ability to actively influence and benefit from its future developments.
Expanding on the Space Cards Feature
Space Cards are a groundbreaking feature within the L1X ecosystem, providing you with the ability to create, update, share, and control a wide array of your information, spanning personal, professional, business, social, health, financial, gaming- and beyond. Information stored on Space Cards is encrypted and will be securely stored on the blockchain, giving you full ownership and control over your data. With Space Cards, you create once and then share specific cards (or multiple times, if you wish), simplifying the management of your personal information. The combined power of Space Cards and the L1X App NFT ownership enhances your ability to shape and control your digital identity and influence your Web3 experience.
L1X App Fee Collection
As projects are listed on the L1X App, a small service fee is collected from user interactions with those projects. This base fee is not just a mere transaction cost; it is a crucial component of the platform's activity fee model and sustainability. This fee is typically levied on various activities, including swaps, staking, swapping assets, sending assets, gaming projects and certain features from the Space Cards section. These fees ensure that the L1X App will continue to provide valuable services and support to the growing ecosystem of Web3 projects. This sustainable approach sets L1X apart in the world of blockchain technology, ensuring that it remains a reliable and innovative platform for its users.
L1X App NFT Tiers
L1X App NFTs comprise two distinct tiers to enable holders to not only have governance rights but to also receive a share of activity fees.
Tier 1 - Governance Tier: Purchasing an NFT provides governance rights and influence in the L1X App ecosystem. NFT holders gain governance rights, allowing them to submit proposals and cast votes on significant decisions impacting the L1X App. These NFTs also grant the right to claim a unique L1X Web3 Username, with the option to secure one username per NFT.
Tier 2 - Activity Tier: For L1X App NFT holders to unlock and maintain the Activity Tier they will need to complete simple activities annually. Once this tier is unlocked, holders become eligible to receive a share of the activity fees generated on the L1X App and their own activities. This opportunity to actively participate and benefit from the platform's growth ensures that the L1X App NFTs are not just static assets, but valuable components of a dynamic and ever growing ecosystem.
Annual actions required to continue receiving activity fees:
- Keep your wallet connected to the L1X App.
- Take actions to ensure your L1X App profile is updated and correct.
- Claim activity fee rewards at least three times per year.
Governance Rights Through NFTs
One of the most exciting aspects of L1X App NFTs is the power they bestow upon their holders. L1X is minting a total of 1 million NFTs and these NFTs are not just digital collectibles; they grant you the power to shape the future of the L1X App. This commitment to decentralised decision-making empowers the L1X community of NFT holders with governance rights.
With these NFTs, you become an active participant in our community's decision-making, driving the platform's development in a direction that aligns with your vision and the collective goals of our user base. This level of governance is a true testament to the community-driven spirit of L1X and increases the potential for positive platform growth and improvement.
NFT Ownership and Activity Fees
L1X App NFTs don't stop at governance rights. They offer a second tier, whereby holders can unlock a share of L1X App activity fees.
This upper tier provides L1X App holders the opportunity to share in the activity fees from the L1X App platform. By owning these NFTs and unlocking the second tier through simple interactions with the L1X App, you become a key stakeholder in the L1X App journey. Monthly activity fees generated can continually increase as additional features and functions are added to the L1X App.
By unlocking the Activity Fee tier, your interests align with L1X App adoption and, together, you will drive the growth of this Web3 ecosystem. This alignment of interests is a testament to L1X's commitment to its community and its potential for success.
L1X Web3 Usernames
The L1X Web3 Username is a unique digital identifier within the Layer One X ecosystem.The L1X Web3 Username will be highly coveted by individual users and entities, as it serves as a secure and distinct online identity, enabling users to verify and interact with various features and services offered by the L1X App and its eco-system partners. This Web3 Username empowers individuals to have control over who can access their information and assets, fostering enhanced privacy and security. It also opens the door to owning and trading NFTs and actively participating in Layer One X's growing community. Moreover, it can potentially allow users to host website-like Space Cards, expanding their digital presence.
In essence, the L1X Web3 Username is a valuable and useful tool that streamlines interactions, enhances control, and offers a range of exciting opportunities within the L1X App.
Benefits
- L1X Web3 Username as a Space Cards Identifier: The L1X Web3 Username serves as an essential identifier for Space Cards, providing users with the means to verify and interact with their Space Cards. This digital identity ensures that users can securely navigate and engage within the Web3 ecosystem, streamlining a user's online experience.
- Access Control Simplified: One of the core benefits of the L1X Web3 Username is its role in access control. Users can use their Username to manage and dictate who has access to their Space Cards and associated data. This control extends to other usernames, creating a robust and customizable access control system and putting the user in charge of their online presence and data, thereby enhancing privacy and security.
- Host Your Space Cards Effortlessly: The versatility of the L1X Web3 Username extends to hosting websites like Space Cards through the ObjX CMS system. This feature empowers users to create Space Cards with multiple purposes, from personal profiles to professional projects. With an L1X Web3 Username, hosting and managing these becomes straightforward and user-friendly, opening up a world of opportunities in the digital landscape.
Did you know that you can receive a bonus L1X App NFT and Web3 Username BY participating in the XPerks Club?
NFT and Username Trading
The L1X App NFTs and Web3 Usernames are independent but mutually usable assets. They can be traded independently, allowing you to register for one username for each NFT bought. This flexibility provides you with the opportunity to sell the usernames without giving away the right to activity fees and governance held by the NFT. Once all NFTs are sold then NFTs will be able to be tradable on the L1X App NFT marketplace.
Additionally, the usernames associated with NFTs will be tradable as soon as the L1X App marketplace is ready, estimated to be end of December 2023. Get ready to embrace the digital marketplace and explore opportunities for buying, selling, and trading in the vibrant world of L1X Web3 Usernames and NFTs.
Progressive Pricing and Bonus Rounds
To make the NFT acquisition process even more engaging, prices for NFTs will increase gradually over a span of 10 months.
During the bonus rounds in November, December and January, L1X Coin holders who opt into the Gold or Platinum XPerks Club tiers, can receive an additional L1X App NFT and Web3 username for free with every 1,000 L1X Coins vested and L1X App NFT purchased.
If you first purchase your NFTs and then later opt into the Gold or Platinum Xperks Club tiers during Mainnet Beta, you will be rewarded retroactively with your bonus NFT and Username. It's just another way of rewarding our community and fostering inclusivity in NFT ownership.
This progressive pricing approach ensures that early adopters can secure their NFTs at favorable rates, while also contributing to the growth of the L1X ecosystem.
L1X App Progressive Pricing and NFT Release Schedule.
Please note that, if in any monthly round, some NFTs remain unsold, they will be moved into the next monthly round at the new price.
Frequent Asked Questions
How Can I Get My L1X App NFT Using MetaMask?
Read More at the Step-by-Step Blog.
- Access the L1X App Website.
- Connect your Metamask Wallet
- Access the Launchpad from the Dock.
- Click 'Participate' on the L1X App NFT.
- Choose your Web3 Username and click 'add'.
- If you want to buy multiple NFTs, enter the desired Username and click 'add'.
- Increment the NFT and follow Step 4.
- Select the Token you wish to use to buy the NFT/Username.
- Click 'Buy' and confirm the transaction from Metamask.
- Congratulations! You are now the Owner of your Web3 Username.
Note: Your NFT will appear in your Launchpad Portfolio section.
How Can I Get My L1X App NFT Using $AUD ?
We have introduced the ability for users who are not familiar with blockchain transactions to purchase NFTs and Usernames using a direct deposit in AUD to our Wise bank account. We recognise this involves a number of steps, but they are essential to ensure we match your purchase to your username.
1. If you wish to purchase your L1X App NFT using a Deposit of $AUD to our Wise bank account.
Note: as you are sending funds in AUD and the cost of each NFT is $180 USD, you will need to ensure the amount of AUD sent matches the USD equivalent on the date of transfer. (Eg. Today $180USD = $283.87 AUD).
- Here are the AUD Account Details for L1X STIFTUNG (L1X Foundation)
Account holder: L1X STIFTUNG
BSB code: 802-985
Account number: 522 871 593
3. On the Bank transfer reference, use the Word NFT Sale and your phone number:
Example: "NFT 0450 000 000"
4. After you have sent the funds, gather the following information and email it to invest@l1x.foundation.
- Your Wallet Address
- Your Mobile Number
- Your list of desired L1X Web3 Username(s)
- A screenshot of your Wise transfer receipt
- Number of NFT's you wish to purchase
- Your full name
- Your email address
- Amount transferred
- Date of purchase
5. You will receive an email usually within 24 hours with a confirmation of your purchase.
Note: Your NFT will appear in your Launchpad Portfolio section after receiving the confirmation email, usually within 24 hours (subject to bank transfer confirmation)
How Can I Get My L1X App NFT Using $USD?
We have introduced the ability for users who are not familiar with blockchain transactions to purchase NFTs and Usernames using a direct deposit in USD. We recognise this involves a number of steps, but they are essential to ensure we match your purchase to your username.
- If you wish to purchase your L1X App NFT through a deposit of $USD, you can transfer to our Wise bank Account.
- Here are the AUD Account Details for L1X STIFTUNG (L1X Foundation)
Account holder: L1X STIFTUNG
Routing number: 026073150
SWIFT/BIC: CMFGUS33
Account number: 8313715369
Wise's address: 30 W. 26th Street, Sixth Floor
New York NY 10010, United States
Note: The cost of each NFT is $USD 180.
3. On the Bank transfer reference, use the Word NFT Sale and your phone number:
Example: "NFT 0450 000 000"
4. After you have sent the funds, gather the following information and email it to invest@l1x.foundation:
- Your Wallet Address
- Your Mobile Number
- Your list of desired L1X Web3 Username(s)
- A screenshot of your Wise transfer receipt
- Number of NFT's you wish to purchase
- Your full name
- Your email address
- Amount transferred
- Date of purchase
5. You will receive an email usually within 72 hours with the confirmation.
Note: Your NFT will appear in your Launchpad Portfolio section after receiving the confirmation email with an ETA of 72 hours, subject to international transaction times. Note: some international transfers can take a little longer, this depends on your bank.
L1X App NFTs are more than just digital assets; they are a gateway to influence, activity fees, and a vibrant Web3 ecosystem. With L1X App NFTs, you become a key stakeholder in the future of Web3, actively participating in its growth and development. As the digital landscape continues to evolve, L1X stands at the forefront, providing the tools for a decentralized, community-driven future.
