Lemon (LMN)

Lemon Network is based on blockchain technology and distributed cloud computing. Its protocol allows users to create NFTs (ERC-721) of every picture they publish to Lemonnet. The aim is to enable users to create art from their photos and let others value and quantify that art. Content publishers are rewarded with tokens, allowing users to share their opinions with friends, family, and the world while earning money.

Sounds cool! But where is the value?

When a user likes a picture, the like is automatically converted into an ERC-20 token, which can be used within the Lemon Network ecosystem or traded externally. To ensure fair interactions, users have limited likes that recharge after a certain period. This limitation influences how users spend their likes. However, this does not create an inflationary ecosystem; LMN has a total supply of 50 million. Therefore, you are not buying likes in the ICO but the most valued token within the ecosystem.

Then… What is LMN for?

With Lemon, you can upload content and sign your NFTs (your content) with the most profitable smart contracts, meaning all your likes are converted to ERC-20 tokens, earning you royalties. Lemonade, a green, sustainability-focused DeFi and NFT platform, offers investors an automated market-making (AMM) service and a decentralized exchange (DEX) service. This allows users to add liquidity to the pairs they want to support and earn profits from each transaction the platform handles. Additionally, users can take the LLP (Lemonade Liquidity Provider) tokens and stake them in farming to earn extra income from their support of the Lemonade DeFi platform.

Lemonade is designed as a long-term project to provide profitability for creators, investors, traders, and liquidity providers. The DeFi platform is currently under development, and more specific information will be provided during the Lemon Network conference event.