Lyvely, a pioneering and award-winning Super Media Platform has announced the launch of its $LVLY Token in mid-July this year. With over $6 million of $LVLY token already sold as part of a strategic pre-launch sale, the upcoming public offering is part of the company’s wider vision to redefine monetization opportunities for digital creators and viewers alike.
Backed by global Bitcoin mining & blockchain tech conglomerate, Phoenix Group, and crypto investment firm Cypher Capital, Lyvely was founded in 2023 by tech and wellness entrepreneurs Farah Zafar and Dave Catudal.
As a SocialFi platform addressing the growing demands of the $470 billion creator economy, Lyvely enables digital creators ranging from celebrity influencers to coaches and online brands to access monetization features such as content memberships, paid communities and live stream shopping, creating a social e-commerce experience with a fully integrated payments system.
Talking about the company’s vision for $LVLY token, Dave Catudal, Co-founder & CXO of Lyvely, said, “The introduction of $LVLY Token is a testament to Lyvely’s commitment to empower creators to earn on their own terms and achieve more digital freedom. Our token greatly enhances the user experience and offers a more personalized creator-viewer ecosystem that is more thoughtful & mutually rewarding. With Lyvely, everyone can experience the benefits of SocialFi in the web3 economy, creating a new era of monetization and meaningful engagement.”
The $LVLY token comes with a host of in-platform utility, including purchases, tipping, and cash redemption, as well as token-gated access to exclusive communities, events and content drops from your favorite creators. Token holders can also unlock special discounts, bonus features and earn financial rewards as Lyvely’s ecosystem grows, making them stakeholders of this fast growing social platform.
“The potential of social media is limitless, yet the opportunities are limited for creators to tap into its inherent potential. At Lyvely, it’s our mission to back the ecosystem of creators by equipping them with a value-driven currency to build loyal communities and monetize from day one. We aim to make the $LVLY token the currency of social commerce while greatly simplifying various aspects of content sharing & user engagement for creators and users around the world,” Dave further added.
As a digital HQ and success launchpad for creators, Lyvely aims to address the fragmented nature of social media and online monetization, providing a comprehensive suite of tools for content creation, revenue optimization, and engagement. The $LVLY Token further amplifies this ecosystem, enabling creators to unlock new income streams and allowing viewers to participate in a more engaging and rewarding content consumption experience.
