💲$LIB token

$LIB token overview

The $LIB token is the foundational currency of the Libera gaming ecosystem, serving as a central mechanism for engaging players, driving transactions, and offering rewards across the platform. It is designed to provide versatility and functionality, enhancing the in-game experience by allowing players to progress, compete, and customize in a unique way.

The $LIB token is key to enabling a rich array of gameplay options and features. Players use $LIB to purchase gems, tickets, and skins, which opens up new experiences, such as access to special events and tournaments, or personalization options like rare skins and avatars. The currency structure also includes earning mechanisms, where players can win $LIB as leaderboard rewards, adding an additional incentive for competitive engagement and skill-based progression within the ecosystem. This setup fuels a dynamic, rewarding environment where gameplay progression is deeply tied to earning and spending $LIB tokens.

Key functions

• Purchasing gems and tickets.

  • Players use $LIB tokens to buy essential in-game assets such as gems, tickets, and skins. These items enhance gameplay, provide access to special events, and enable players to customize their experience.

• Given as leaderboard rewards.

  • Players who perform exceptionally well in leaderboard-based tournaments are rewarded with $LIB. This incentivizes competition and keeps players engaged in the ecosystem. The higher a player ranks on the leaderboard, the more $LIB they can earn.

• Use $LIB to purchase and trade NFTs.

  • $LIB is the core currency for buying and selling in the Libera marketplace. Players can use $LIB to trade unique NFTs (such as skins, weapons, avatars, and limited-edition tools). The marketplace is designed to offer both cosmetic items and functional assets that don’t disrupt gameplay balance but add prestige and personalization.

• Use $LIB as gas fee

Earning $LIB

• Tournaments

  • A tournament model as a play to earn method.

  • Weekly Leaderboards → Exists across all games, total exp, already exists.

  • Referrals

Spending $LIB

→ $LIB is a versatile token in the Libera gaming ecosystem, with multiple use cases to enhance the player experience, unlock exclusive items, and offer greater control over the platform. Here's an expanded breakdown of how $LIB can be spent:

• Gems

→ Gems are an essential resource in the Libera ecosystem, used to revive players, buy boosts, and gain other advantages in different games. By using $LIB tokens to purchase gems, players can extend gameplay, improve performance in tournaments, or unlock special features.

• Tickets

→ Tickets are required to get entry into the Libera P2E games and tournaments.

• Exclusive Items

→ Players can use $LIB tokens to purchase exclusive in-game items such as NFT-based skins, weapons, and avatars. These items do not disrupt the balance of gameplay but allow players to customize their experience and show off unique collectibles

• Early Access

→ Players who spend $LIB tokens can unlock items, content, or new features earlier than their default release date. This provides an advantage in obtaining items or participating in gameplay ahead of the general player base

• Governance privileges

→ Voting Power: As Libera evolves, players who hold $LIB tokens will be given the option to participate in governance decisions. Spending tokens can unlock governance privileges, giving players the ability to vote on game updates, the introduction of new items, or broader changes to the Libera platform.