Lepricon is a Decentralized Autonomous Organization (DAO) - an organization represented by rules enshrined in computer code that is transparent and controlled by the network participants and not by a central authority. Lepricon seeks to unlock and release the potential of gaming and NFTs in blockchain by providing a platform for gamified DeFi dApps with a core focus on user experience.
Lepricon provides a highly rewarding environment in which participants can leverage the benefits of DeFi in a gamified way – opening up DeFi to a larger and more engaged audience. Lepricon already has 3 dApps which will launch shortly after the close of Lepricon’s public sale.
The Lepricon platform is composed of the following features:
A DAO governance token called L3P which enables holders to vote on certain platform content and economic parameters such as rewards and fees.
A staking platform where participants can earn a yield on their staked digital assets starting with Lepricon’s L3P token.
A dApp store that provides access to fun and intuitive, initially prediction-focused dApp game content.
A loyalty and community reputation protocol called ‘Shamrock Protocol’.
Lepricon will prioritise early user adoption and dApp developer partnerships.
Content focus - the first 3 dApps are built and tested on Ethereum and a Polkadot parachain testnet and will be quickly ready for commercial release (Q2 2021).
Staking participation (yield farming and liquidity providers) - participants will be able to stake their L3P. The yield will be L3P staking rewards which will be released over 4 years plus additional L3P yield generated through net liquidity mining (on DEXs), platform fees, and other fees or forms of income generated.
Prediction participation and pools - users will initially spend L3P tokens to participate in prediction dApps and pools. We will expand this to include prediction pools for other cryptocurrencies.
Design and build the Shamrock Protocol.
Phase 2
Content focus: we will add additional games and content.
We will further develop and launch our Shamrock protocol (loyalty/reputation) which will further gamify participation within Lepricon.
Staking participation (yield farming and liquidity providers) will be expanded with a relevant partnership to enhance yield and provide access to a broader/enhanced range of DeFi products, benefits, and rewards for L3P token holders.
Phase 3
Platform and content focus: We will introduce a native stablecoin derivative at which point all white-listed assets may be swapped in exchange for this stablecoin for prediction participation.
We will further develop the functionality for private peer-to-peer prediction pools combined with open/tradable prediction markets, at which point anyone can open a peer-to-peer (P2P) prediction for anything.
We will provide an SDK and open APIs for the Lepricon platform for 3rd party dApp developers to build additional content on top of the protocol.
Phase 4
The rest is up to you - our community of Lucky Lepricons. When the Lepricon ecosystem has developed sufficiently, it will become fully decentralized. Decentralization is the fundamental purpose of Lepricon.