Tokenomics

Tokenization of real-world potentials and creative assets.

Token Name

Loozr

Ticker

LZR

Network

Internet Computer

Total Supply

450,000,000

Token Type

Utility

Loozr is a decentralized SocialFi and MusicFi platform that leverages its $LZR token to create a transparent, self-sustaining economy that empowers artists and fans through fair engagement, better monetization, and balanced tokenomics to drive sustainable growth in the music industry.

$LZR Token: The $LZR token is the backbone of the Loozr ecosystem, fueling platform interactions, transactions, and engagements. Unlike speculative assets, $LZR is intended for active use within the platform to drive value in real-time through practical applications—450 million total supply!

LZR Token Utility

Artist Tokenization

One of the unique applications of $LZR within the Loozr platform is artist tokenization. Artists can create and issue their own Artist Coins, which fans can purchase using $LZR. This process allows fans to invest directly in artists and support their careers, while artists gain funding and build stronger relationships with their fanbase.

Buying and Selling of Artist Coins

$LZR is the primary medium for trading Artist Coins within Loozr. Fans and investors can buy, sell, and trade these coins, supporting artists they believe in and participating in their success. As artists grow, their coins may increase in value, providing financial rewards to early supporters.

Platform Transactions

$LZR is integral to every transaction within Loozr, from purchasing artist coins and accessing exclusive content to supporting artist initiatives. This transaction-driven model is essential to Loozr’s economy, ensuring that $LZR remains a valuable asset for its utility.

Access to Exclusive Features

Holding and spending $LZR unlocks platform-exclusive features like early music releases, VIP event access, and governance participation. This approach rewards active users and strengthens community engagement, adding tangible value to $LZR beyond market speculation.

Fan-to-Artist Engagement and Rewards

Fans can use $LZR to support artists through tipping, event funding, and even purchasing NFTs, which can represent exclusive content or experiences. This token utility strengthens fan-to-artist connections and generates continuous engagement within the platform.

Platform Fees and Microtransactions

Transaction fees in $LZR apply to artist coin trades, music distribution, and other interactions. These fees contribute to the ecosystem’s sustainability, helping to recycle value back into the platform.

Circulating Supply and Control Mechanisms

To maintain $LZR’s value and prevent inflation, Loozr has implemented several control mechanisms to ensure a balanced, sustainable token supply.

$LZR Buy-Back and Burn

A portion of platform revenue from artist coin sales, transactions, and platform fees will be used to buy back $LZR from the market, which is then burned. This deflationary approach reduces circulating supply, ensuring $LZR’s long-term value.

Token Burning Events

Scheduled burns are conducted during key platform milestones to align with the growth of the user base. By managing token supply at strategic intervals, $LZR’s scarcity and value remain balanced with the platform’s expansion.

Platform Fees Allocation

Transaction fees collected in $LZR are partially allocated for token burns or future ecosystem development. This approach ensures that fees contribute back to the platform's long-term health and sustainable growth.

Token Distribution

Allocation
Percentage
Token Amount
Purpose

Strategic Round

6%

27,000,000

Early backers and strategic investors

Private Sale

11%

49,500,000

Private investors, KOLs, select VCs

Public Round

1%

4,500,000

Public participants through IDO, IEO, and CEX listings

Industry Growth & Adoption

5%

22,500,000

Partnerships, artist onboarding, music industry expansion

Team & Advisors

15%

67,500,000

Founding team and key advisors to support platform growth

Marketing

14%

63,000,000

Marketing efforts for brand awareness and ecosystem expansion

Ecosystem & Community

25%

112,500,000

Community rewards, engagement incentives, and ecosystem growth

Exchange & Liquidity

5%

22,500,000

Liquidity provision on exchanges and trading support

Treasury

18%

81,000,000

Reserved for platform development, emergency funding, and future growth

100%

450,000,000


Token Release Schedule

Allocation
Initial Release
Cliff Period
Vesting Rate
Vesting Duration
Total Tokens

Strategic Investment Round

2%

9 months

8.3% monthly

48 months

27,000,000

Private Round

2%

9 months

3.84% monthly

26 months

49,500,000

Public Round

34%

3 months

33% monthly

2 months

4,500,000

Industry Growth & Adoption

0%

12 months

4.17% monthly

24 months

22,500,000

Team & Advisors

0%

24 months

2.08% monthly

48 months

67,500,000

Marketing

0%

10 months

2.08% monthly

48 months

63,000,000

Ecosystem & Community

2%

9 months

2.78% monthly

36 months

112,500,000

Exchange & Liquidity

20%

3 months

20% monthly

4 months

22,500,000

Treasury

0%

24 months

2.08% monthly

48 months

81,000,000


Smart Contract Audit

Vital Blocks: View the audit here

Note: Tokenomics details may adjust based on market and regulatory factors.

In the current crypto bear market, Loozr is committed to sustainable, fair, and transparent tokenomics. Our principles for early backers are:

  • Long-Term Commitment: We seek backers with a long-term vision.

  • Active Support: Backers should contribute actively, not just financially.

  • Transparency & Fairness: Equal pricing and lockup terms for all in each funding round.

  • Decentralized Control: No single entity should hold excessive influence.

These principles aim to ensure Loozr's stable foundation.

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