Social mining
LITIT social token
and NFT platform where creators and users
are rewarded for activity on the app through
the concept of "Social Mining"
users for activity on Lit.it
LITIT tokens are obtained
through ‘Social Mining’
of the LIT points earned
LIT points mined:
0
Current Conversion rate:
0 to 1 LITIT
How mining works
-
LIT points
Users get a predetermined number of LIT
points
for performing various types of social and
entertaining activity on the Lit.it app.
Users can
also directly reward each other for
their content
and active participation. -
Conversion rate
LIT points are convertible through
‘Social Mining’ to Solana based LITIT tokens.
The
conversion rate from LIT points to LITIT
tokens is
increasing after every transaction on
Lit.it as it is
getting harder to mine LITIT tokens. -
LITIT total supply
There is a limited supply of 900M LITIT tokens.
As the Lit.it community grows, the conversion
rate from LIT points to LITIT tokens will increase
and it will be getting harder to mine LITIT
tokens.
Over time, as the supply of the token
will become more scarce, we expect that the
value of LITIT tokens will increase.
«As the Lit.it community grows and it’s
harder to mine LITIT tokens, we expect the
LITIT token will
appreciate in value
within
the Lit.it ecosystem»
How LIT points and
LITIT tokens are used
- Creator & followers can Tip
or receive Tips - Creator & followers can buy or sell
consultation time - Stake token for higher LIT
points rewards - Buy CPM Ads on the Lit.it app
with LITIT token - Buy NFTs on the Lit.it NFT
marketplace - Boost profile traffic to gain more
popularity on Lit.it - Unlock access to premium content
& events on Lit.it
LITIT
Allocation