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LFCoin ($LAL)
It is a community-driven cryptocurrency built on the Solana blockchain, designed to engage and reward a passionate community of sports fans. By participating in games, activities, and governance, LF Coin offers fans a unique way to celebrate sports fandom. This whitepaper outlines the technical specifications, tokenomics, and utility of LF Coin, showcasing how the ecosystem operates and benefits holders. LF Coin incorporates limited DAO mechanics, giving token holders basic voting rights on project proposals. Deeper levels of community engagement and governance are unlocked through ownership of our digital membership, which provides access to exclusive decision-making opportunities, events, and other benefits.
Tokenomics
The Los Angeles Loyals ($LAL) tokenomics are structured to ensure long-term growth and sustainability within the ecosystem. Out of the 1 billion total supply, 700 million $LAL will be in circulating supply, allowing the community to trade and engage with the project. 160 million $LAL is allocated to the development team, ensuring continuous innovation, platform improvements, and security enhancements. An additional 140 million $LAL is reserved for marketing, partnerships, airdrops, and community events, driving adoption, engagement, and promotional initiatives.
Total Allocation
Launch Price
$0.0005
Initial Circulating Supply
700,000,000 LFCoin
1.5 million LFCoin can be purchased per wallet daily for the first 30 days
Unlocked Amount (LFCoin)
Circulating Supply Breakdown (Quartely)
| Quarter | Initial Circulating Supply | Marketing/Community Unlocks | Developer Unlock | Total Circulating Supply |
|---|---|---|---|---|
| Q1 (TGE) | 700 M | 0.00 | 0.00 | 700 M |
| Q2 | 700 M | 250 M | 0.00 | 725 M |
| Q3 | 700 M | 500 M | 0.00 | 750 M |
| Q4 | 700 M | 750 M | 0.00 | 775 M |
| Q5 | 700 M | 100 M | 7.98 M | 807.98 M |
| Q6 | 700 M | 125 M | 159.6 M | 840.96 M |
| Q7 | 700 M | 140 M | 239.4 M | 863.94 M |
| Q8 | 700 M | 140 M | 879.4 M | 927.94 M |
| Q9 | 700 M | 140 M | 959.2 M | 935.92 M |
| Q10 | 700 M | 140 M | 160 M | 1 B |
Disclosure: LF Coin ($LAL) is a community-driven meme coin created to celebrate sports fandom and foster community engagement. LF Coin is not affiliated with the Los Angeles Lakers, the National Basketball Association (NBA), or any associated organizations. The project operates independently and is solely focused on building a decentralized community of sports enthusiasts. As a meme coin, LF Coin carries no intrinsic value and should not be considered an investment or security.