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$LEAF Token: Cultivating Community, Creativity, and Cardano Utility with So Litty Records

Author

So Litty Admin

Date Published

In the ever-evolving landscape of Web3, $LEAF Token is growing as a vibrant, community-driven project under The Finest LLC, DBA So Litty Records (SLR). Originally minted as one of the very first native tokens on Cardano back in 2021, $LEAF Token was a hub for community, memes, and fun, dedicated to "all things 420". Now, under the guidance of Sick City (which acquired LEAF Token in 2023) and subsequently integrated into SLR, $LEAF Token is undergoing a powerful revival, focusing on empowering its community and expanding its ecosystem on the Cardano blockchain.

The $LEAF Token: A Community-Driven Revival

The $LEAF Token is at the heart of a renewed effort to engage and reward its community. The project launched LEAFv2 on April 20, 2024, with a token swap from LEAFv1, allowing early adopters and new members to participate in its next phase of growth. This strategic move, which runs until April 20, 2025, is designed to enhance the token's utility and solidify its presence within the broader Cardano ecosystem.

With a total supply of 4.2 billion LEAF tokens, the tokenomics are designed for community sustainability:

40% (1.68 billion tokens) is allocated for Mining Rewards.

25% (1.05 billion tokens) is reserved for Liquidity.

20% (840 million tokens) is set aside for LEAFv2 Swaps for OG holders.

8% (336 million tokens) is designated for Community initiatives, including onboarding events, giveaways, and rewards.

3% (126 million tokens) is for DripDropz distribution. The SLR Shared Treasury currently holds a significant amount of ~521,406,137 $LEAF tokens, demonstrating SLR's investment and commitment to the project's success. This community-driven memecoin aims to help onboard new people to Cardano, providing them with the necessary tools and knowledge.

The $LEAF Girl NFT Collection: Mining for Liquidity and Engagement

A cornerstone of the $LEAF Token ecosystem is the $LEAF Girl NFT Collection. This community-centered NFT collection features an adorable green-haired character named Leaf, designed to make sure you get the most of your LEAF Token experience. The collection aims to highlight projects and artists in the Cardano community, serving as a timeline for the ecosystem.

$LEAF Girl NFT Example

The $LEAF Girl NFTs play a crucial role in the project's tokenomics by driving liquidity and reducing token circulation. A substantial 40% of the total supply of 4.2 billion LEAF tokens (1.68 billion) is locked away with partners at DripDropz for mining via LEAF Girl NFTs. This mechanism ensures that new LEAF tokens only enter circulation by being claimed on DripDropz with a LEAF Mining NFT, with a halving schedule implemented to sustain the supply.

While an unlimited collection, the first round of LEAF Girl NFTs, released on April 20, 2024, offered 69 NFTs (66 for sale, 3 for the team) at a price of 16 ADA. These initial NFTs featured special attributes like a "Rolling Paper" background and the "OG Leaf 2021" logo, which will never be used again in the collection. Holders can even work with the team to create one-of-a-kind variations through customizable elements like hair color, eye color, hoodie color, skin tone, held items, and face accessories. The project plans to feature other Cardano projects over time, offering a tier structure where projects can lock up $LEAF Tokens to be immortalized, further reducing circulation and increasing liquidity.

The $LEAF Album Series: Pioneering Music NFTs

Beyond tokenomics and visual art, $LEAF Token integrates deeply with So Litty Records' musical mission through its Leaf Album Volumes, specifically highlighting the "So Litty Records - $LEAF Album Vol 1". This series is a platform for musical expression where tracks are commissioned using $LEAFv2 tokens, empowering artists within the $LEAF Token community and providing exclusive musical experiences for token holders.

$LEAF Community Album, By [SLR]

The "$LEAF Album Vol 1," available on NEWM, consists of 420 pieces, each priced at 12 ADA. The successful integration of this series is marked by a payout from the "LEAF VOL 1 ALBUM NFT" on April 29, 2024, underscoring its contribution to the SLR's blockchain-based earnings. Album releases are often accompanied by exclusive perks for $LEAF Token holders, such as early access or limited-edition merchandise. Promotion for these albums is significantly amplified through community events, including online listening parties and AMAs (Ask Me Anything) on platforms like Twitter Spaces, reaching a wider audience and strengthening community bonds.

A Holistic Approach with So Litty Records

As one of the diverse intellectual properties managed by The Finest LLC, DBA So Litty Records, $LEAF Token's development and financial operations are governed by the SLR Shared Treasury. All blockchain earnings from the project contribute to SLR's long-term growth initiatives, including investments in new technology and expansion of the brand. The integration also extends to merchandise, with designs inspired by the $LEAF Token available through SLR's Spreadshop store. There are plans for branded products (such as ashtrays, rolling trays, and other smoking accessories) to be sold directly through the solitty.xyz website with e-commerce integration.

$LEAF Merch Store

$LEAF Token embodies So Litty Records' commitment to innovation, community-driven growth, and the creation of fun, engaging, and utility-rich projects within the Cardano blockchain ecosystem. The project actively fosters community engagement through diverse marketing strategies, including leveraging social media platforms like X (formerly Twitter) and Instagram for meme and promotional campaigns. It also benefits from cross-promotion with other So Litty Records initiatives, such as JukeBoysNFTs and MolezNFTs, expanding its reach to diverse audiences within the Web3 space.


Connect with $LEAF Token:

Discord: https://discord.gg/5w9xF8vy9v

X (formerly Twitter): https://x.com/LeafToken2021

LEAF Girl NFTs on JPG Store: https://www.jpg.store/collection/leaftokenleafgirl

LEAF Swap(Defunct): https://buynfts.exchange/swap/leaf/

LEAF v2 Policy ID on CardanoScan: https://cardanoscan.io/tokenPolicy/420b48cfe37ba9e2c0f5d529f2484536232eebb5c69b537c2491eaf9