The LEAP Universe
LEAP is helping to solve one of the most underrated issues in the sports industry today — The lack of opportunities for young talents.
LEAP’s mission is to enable everyone to be discovered worldwide by different audiences, providing a stage and an opportunity to all athletes around the world, without exception!
To do this, LEAP has built the next-generation sports discovery and endorsement platform, built by sports enthusiasts, for sports enthusiasts!
Leveraging blockchain technologies and the power of Web3, LEAP will fill the gaps in the traditional Web2 sporting world, and also introduce new economic models to better align the interests of athletes, fans, professionals, and the business that supports them. LEAP facilitates the global shift in athlete discovery through a unique P2E platform that connects athletes seeking exposure directly with fans or professionals while rewarding them for their actions on the platform.
Moreover, LEAP can adapt to the needs of all categories in the sports industry aiming to fulfill the goal of being the main tool that highlights hidden sports superstars.
Market Background
Over the next three years, the global sports market is forecasted to reach a value of $600 billion US dollars, with an additional outlook of crossing the $800 billion USD mark by the end of the ‘20s.
This massive growth is being driven by a number of factors, in particular, growth in emerging economies, increased access to the internet, multiple channels to obtain sporting content, and more. While the global sports market has been cornered by North America, fast-growing regions like South America, the Middle East, Eastern Europe and Asia Pacific are also expected to experience exponential growth by the end of this decade.
With barriers to online access decreasing by the day, the number of individuals looking to participate in the sporting economy is rising, and rising quickly. From video games to fantasy sports, the public has shown with their wallet and screen time how much they not only enjoy watching sports, but also being a part of it. The global fantasy sports market is expected to triple to $66.4 billion USD by 2030, while the e-sports market is expected to cross the $3.5 billion USD mark by 2027.
LEAP is well positioned to take advantage of this growth, as well as monetizing the billions of athletes, fans, and supporting businesses of this industry worldwide. Moreover, as technology continues to connect more people online, LEAP looks to capitalize in markets that have yet to be fully developed. By doing so, LEAP will help discover and onboard new talents and fans not just from the usual representatives from the western world, but also from those countries, towns, and villages where the sporting spotlight has yet to fully shine. With over half a billion youth, adolescents, and teenagers playing sport globally, there is ample opportunity for LEAP to onboard these talents (and their fans) onto the platform. FurLEAP will be heavily capitalizing on the burgeoning P2E market, which exploded in popularity during 2021, and is expected to establish itself as a new type of economy going forward. Taking off only within the last year, estimates have the P2E economy growing to a size of over $268 billion US dollars within the next three years. Highly popular within countries and economies where its inhabitants face daily struggles in bringing in earnings, the Play-to-Earn economy provides its participants access to capital and resources from around the globe. This approach allows users to detach themselves from the local economy, and earn on a global scale — all while playing games and having fun. Initially led by video games — the P2E market will soon expand towards other applications where users are rewarded for their engagement. This is where LEAP looks to capitalize the most — by captivating audiences with sport, the ability to have fun on the platform, and the chance to earn real-world rewards by being engaged in the LEAP community.
Vision & Mission
VISION
Built by sports enthusiasts, for sports enthusiasts, LEAP understands what people want, and what keeps them entertained. LEAP attracts individuals who love competition, fun, and a gamified experience. We believe that the popularity of “fantasy” sports leagues in the last few decades have confirmed that individuals enjoy analyzing, competing, discovering, and living and breathing sport. By providing a platform that allows for all of this, as well as a ranking system which encourages users to continuously improve, LEAP has inherent characteristics which will keep the user to always come back for more. We are at the dawn of a new era in the digital world. Blockchain technologies, and all that they enable, will soon make profound and significant impacts across all industries — technology or otherwise.
Mission
LEAP is on a mission to change how athletes interact with fans, how players interact with each other, and how talents from all over the globe get discovered. The advantages, accessibility, and democratization that these technologies offer is so powerful, that we will one day wonder how there was once a time where these capabilities did not exist. Entire new business models leveraging around these technologies will soon be built. These models will not only introduce new economies which do not exist today, but also provide the foundation for all sporting talents to strengthen their chance of being discovered, to monetize their talents as they develop, and to make a living by doing the things they love to do. Grasping the significance of this moment in tech history, the founders of LEAP came together to launch a product which will capitalize on these new and exciting opportunities which lie ahead.
Problem & Solution
It’s a known Problem of many talented athletes around the world who never obtain any meaningful exposure due to the challenges of obtaining mainstream media coverage. Talents who live in challenging economies may not have access to capital and tools which would enable them to participate in a Web2 platform. Such challenges effectively exclude them from participating in the global sports economy — and stifling, or even stopping their potential as an athlete. LEAP Solution is looking to change this.
The definition of talent has evolved. These days, it is no longer necessary for athletes to ascend into the NBA or other professional sports leagues in order to “make it.” In a world where less than 0.5% of athletes will reach these professional ranks, many athletes strive for a secondary route to stardom — one achieved via becoming a digital influencer. Thanks to new, decentralised economic models enabled by blockchain technologies — not only is this possible, but such possibilities are democratised and accessible to all.
Leveraging the full capabilities of blockchain, LEAP provides the foundational layer where the next generation of athletes and their fans will come and grow together. By utilising new Web3 capabilities such as Play-to-Earn (P2E), Non-Fungible Tokens (NFTs), and Utility Tokens, as well as new wave social media channels, and LEAP’s proprietary Ranking & Discovery Engine, LEAP is trailblazing new ways for players, talent seekers, fans, and others to interact in the entertaining and lucrative sporting world.
Roadmap
Q3 2022
Product Development
✅ — Leap ERC-20 Token creation
✅ — ETHscan, CMC & Coingecko listing
✅ — DEX Major Partnership
✅ — Incentivized staking pools
✅ — Prototype IOS & Android app released (Web App)
✅ — Players Profile Feature
✅ — BSC Bridge
Project Marketing
✅ — Major Sports partner announcement
✅ — Languages and Scalability
✅ — Leading Market Maker Recruitment
✅ — Major partnership with the International Maccabi Organization
✅ — Global awareness + PR
✅ — LEAP Community Building
Q4 2022
Product Development
✅ — LEAP App Alpha release
✅ — In-app Video Editor Release
Project Marketing
✅ — Alpha testers onboarding Campaign
✅ — Tier 1 Exchanges Listing
✅ — Indexes Marketing Campaign
✅ — HashEx Audit
Q1 2023
Product Development
✅ — Upgrade UI
🚧 — LEAP Beta Version Release
🚧 — In-App Leaderboard implementation
✅ — Farming Campaign BSC
🚧 — POLYGON Bridge
🚧 — Farming Campaign PolyGon
Project Marketing
✅ — Leading Market Maker Recruitment
✅ — Rapidly Increase Trading Volume on Exchanges
✅ — Sports Influencers Marketing
Q2 2023
Product Development
🚧 — Branded Tournaments
🚧 — Milti-Leaderboard View & Filtering
🚧 — New Game Economy
🚧 — SOLANA Bridge
🚧 — Pendo implementation for Product Analytics, Guides, and Feedback
Project Marketing
🚧 — Release Co-Branded NFT collections and Promotions
🚧 — Beta Testing Campaign and Onboarding
🚧 — International Marketing Push & User Onboarding
Q3 2023
Product Development
🚧 — Incorporation with Meta-verse projects
🚧 — Ad Monetization for Videos on LEAP
🚧 — New Sports Introduced
🚧 — In-App rewards and leveling
🚧 — Multi-Level Rewards and Referral Program
Project Marketing
🚧 — Centralized Exchanges Listings & Partnerships
🚧 — DAO “Snapshot” Promotion
🚧 — Go-to Market Promotion campaign
🚧 — Physical DARE competition launch
Q4 2023
Product Development
🚧 — LEAP DAO Rollout
🚧 — LEAP 2.0 Release
🚧 — Blockchain integration
🚧 — LEAP NFT Staking
🚧 — NFT Renting Feature
🚧 — LEAP Metashop
🚧 — NFT Marketplace
Project Marketing
🚧 — Asian Market Penetration
🚧 — Physical DARE competition launch in LATAM region
🚧 — Education on LEAP — LEAP Academy
$LEAP Token
The native fungible token of Leap (ticker symbol $LEAP) is a transferable representation of attributed governance and utility functions specified in the protocol/code of Leap and is designed to be used solely as an interoperable utility token on the games ecosystem.
$LEAP Native token is in-game currency used by players to buy and sell digital assets and shop on LEAP Meta-Market
The goal of introducing $LEAP is to provide a convenient and secure mode of payment and reward between participants who interact within the ecosystem on Leap, and it is not, and not intended to be, a medium of exchange accepted by the public (or a section of the public) as payment for goods or services or the discharge of debt; nor is it designed or intended to be used by any person as payment for any goods or services whatsoever that is not exclusively provided by the issuer.
$LEAP rewards can be earned by system stakeholders for the various roles and activities that they perform. Broadly, these fall five classes of stakeholders:
Talent: Rising football talent can earn rewards based on their talent level and level of Fan staking. Talent must be attached to a Coach
Coaches: Mentors who validate the skill level of their pool of Talent
Fans: Users who follow Talent. Fans can stake to Talent and to Coaches and also perform specific tasks to earn tokens
Liquidity stakers: Users who provide on-chain liquidity to $LEAP
$LEAP can be used for in-app purchases, and in-app activities. The pricing for this is set by the market and activity organizers.
$LEAP also provides the economic incentives which will be distributed to encourage users to contribute to and participate in the ecosystem of Leap, thereby creating a mutually beneficial system where every participant is fairly compensated for their efforts.
$LEAP rewards are paid algorithmically from a smart contract (Community Pool) and a fee margin from the sales (primary and secondary) are recycled into the pool via smart contract, to ensure the long-term sustainability of the economy.
Tokenomics
The Leap token distribution initially allocates 32% towards the community pool. With 45% allocated towards team, reserves and advisors it can be argued that the system is initially centralised, but with scope for a high degree of decentralisation over a 2–3 year period (see the section below). The overhang from the private sale is limited as the allocation to the private round is limited to 5%.
The Leap economy will comprise fungible tokens, non-fungible tokens, and possibly semi-fungible tokens. Tokens will be mirrored as off-chain assets within the application.
Distribution Algorithm
The total pay-out from the Community Pool, per epoch, is determined by a minimum threshold pay-out of 4% of the prevailing Pool balance per month multiplied by:
1+S-((S²)/2)
Where S is the Total Staking Ratio (total staked tokens / outstanding tokens) Note that above function is shown in pseudo-Excel form, to allow straightforward verification of the underlying Excel model.
Out of the total tokens paid out from the Community Pool, 50% is released to users and 50% towards liquidity staking incentives.
The above allows for some system reflexivity to stabilise inflows into the supply, depending on total system utilisation. The below tables and charts provide an example of how tokens would be released from the community pool, based on an assumed total system staking ratio of 70%:
Note: The above assumes a hypothetical inflow of 1 million tokens per month into the Community Pool as a result of secondary market trading of NFTs and resulting fees
How to buy $LEAP
$LEAP Token is traded on Uniswap decentralized exchange. In order to buy $LEAP, follow the three easy steps below.
How Uniswap Works
Uniswap’s decentralized exchange protocol provides investors and traders with a quick way to “swap” any ERC-20 token for another supported ERC-20 token or Ethereum. Uniswap is built on the existing technology that maintains the Ethereum network, making its token (UNI) an ERC-20 token that can be stored in almost any type of wallet that supports Ethereum. If you have Ethereum or some other type of ERC-20 token in your wallet, you can even test out Uniswap through its app right now. It is surprisingly easy.
To buy any coin on Uniswap, first, you need two things: an Ethereum wallet and some Ethereum in it
1. Install MetaMask
- 1.
Go to MetaMask and download and install (in Chrome or Firefox). - 2.
You’ll see the MetaMask fox icon next to your address bar. Click the icon and MetaMask will open up. - 3.
Create a New Password. Then, write down the Secret Backup Phrase in a safe place. MetaMask will create a new Ethereum address for you.
2. Send $ETH to your Metamask wallet
- 1.
Copy your Metamask wallet address. You can find it at the top middle of the Metamask window; when you move your mouse over it you will see “Copy to clipboard” and you just click the mouse left and it’s copied.
Tip: Every time you copy and paste an Ethereum address, remember and check that the first 2 digits and last 2 digits are correct!
2. Buy some Ethereum in your favorite exchange (Coinbase, Binance, Kucoin, etc) and send the $ETH to this address.
3. In your exchange, find the Withdraw option. Select Ethereum. They ask where you want to send it; paste there the Metamask address.
3. Buy $LEAP On Uniswap
Now you have some ETH in your Metamask wallet and are ready to buy!
- 1.
Go to Uniswap. Choose ETH up and click Select a token down. - 2.
To make sure there are no mistakes, you should insert the $LEAP token address below in the search bar:0x53263d9EF74Db583b15fbC6D5D4e8B83833fa134
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3. Select the amount of $ETH you want to spend and you will see the amount of $LEAP you will receive. Eg: 1 $ETH → 2400 $LEAP. Click Swap.
4. Metamask will open a new window and ask you for confirmation. Confirm. Then wait until the transaction is completed! Be patient, sometimes it takes a few minutes.
5. If everything is correct, you will see the new coins you bought in the bottom Balance.
Congrats! :)
LEAP NFT Collections
In conjunction with P2E capabilities, LEAP will also be leveraging the possibilities enabled by NFTs. This experience will provide LEAP users with a fun and entertaining experience, where participants have access to digital assets, in a growing new economy that is just starting to take off.
Understanding that the next generation of athletes are already being raised as digital natives, LEAP has developed a platform that is fun, simple, and intuitive for its users. From player challenges (P2E DARE Battles) to an NFT marketplace, LEAP gives users multiple reasons to visit the application daily.
With over 20 years of experience in matching engines, LEAP’s founders are highly knowledgeable about how to create experiences for users that can be made into reality on the backend. By understanding how to calculate value, worth, and rarity — the LEAP platform creates a truly meaningful and accurately rewarding system to maximize the entertainment and engagement of its users.
Marketplace
LEAP Marketplace allows both Talents and Talent Seekers to purchase assets of interest — from the game items to the real-life sports items and services
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LEAP Talents will be able to discover and purchase Grupo Salinas special offers & NFT Collections on Meta-Market.
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Leap Game
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The Talent Experience
On-boarded athletes have access to a wide range of tools on the LEAP platform to begin growing their fan base (fan clan). Talent can create videos and upload them to the platform to showcase their skills, capabilities, and over time, their progress and development as an athlete. As Talent continue to upload their content to the platform, they may participate in DARE Battles, which put Talents directly into the heart of competition. In these battles, Talent jump through online competitions and display their real-life skills, to the community. Battles are structured such that Talents can showcase an individual skill in each competition. The more unique skills which a Talent has, the more opportunities for success in these challenges. DARE Battles can be one on one, three on three, five on five, and even twelve on twelve. Each battle is ultimately judged by the community, with winners of battles being determined via LEAP community votes. Such a structure, meant to engage Talent and Talent Seekers alike, creates a riveting and exciting experience for all who participate!
All DARE Battle participants benefit. All profiles achieve higher statuses after the competition, with the winners of the competition achieving the greatest benefits of all.
Through these activities, Talents grow on the platform in terms of rank, and unlock various benefits as athletes move on from just being pure Talent to becoming a Legend and beyond. As athletes climb the LEAP ladder, NFTs are unlocked for the Talent. These NFTs, which can be held or traded on the platform, have the opportunity to increase in value over time, as the Talent continues to grow, mature, and reach new heights in their development journey.
The Talent Seeker Experience
It isn’t just the athletes who are having all the fun though, Talent Seekers are also as much in on the action as their Talent counterparts. While the Talent may be doing all of the hard work in creating new content, participating in battles, and more, Talent Seekers are also working hard to continuously find and assess talent, and to identify the hidden gems within the LEAP ecosystem.
The benefactors of the videos created and the DARE Battles, Talent Seekers participate by voting on the platform who the winners are of various competitions, and also give approvals by endorsing players and increasing KARMA scores (one of two ranking systems available on the platform) for the athletes. Talent Seekers who are early in discovering an athlete have the potential to acquire genesis NFTs for those athletes — which may rise in value and popularity as the athlete develops and improves over time.
Additionally, leveraging the utility tokens (LEAP tokens) which are also available on the LEAP platform, Talent Seekers help to power the LEAP economy by buying, selling, and trading on the application itself. Over time, as the athletes which they select continue to grow, evolve and win, so too do the benefits of the Talent Seekers who may be holding assets or other interests in that particular athlete.
LEAP Agents
The Leap Agent characteristics:
🔴 Passionate about the LEAP talent discovery platform.
🔴 Driven, Motivated, and communicative.
🔴 Experienced Blogger with a Blog or Social Media Account with over 5000 subscribers.
🔴 Create content in any language, but the video must be in English or have built-in English subtitles
Advantages of being a LEAP Ambassador:
⚪ Audience Boost: Increase your audience and improve statistics by media support among the LEAP community
⚪ Mutual LEAP Events: Be part of events with LEAP to connect and expand your community
⚪ LEAP Token Rewards: Earn LEAP token for productivity and high-quality work(Model described below).
As an Ambassador of the LEAP, you will need to create content on one of the following topics below:
⚫ General Sports and Sports Talents: Create posts or videos around Sports and Sports talents and involve them with LEAP.
⚫ Engagement in the LEAP platform: Create posts or videos around your engagement in the LEAP platform.
⚫ LEAP Platform Review: Create a platform review for LEAP and market it.
Minimum Requirements:
📋 Agent must post at least 3 stories or 1 regular post on one of his social media.
📋 Agent must use a specially made link provided by LEAP to count conversations on his posts.
📋 The agent must be involved in the LEAP app.
📋 Agent must create one unique post every month
Reward Mechanism:
🏆 The base weekly reward for an agent: $300 in LEAP tokens
🏆 5 “Stories” a week or more: $300 in LEAP tokens bonus
🏆 A Post with up to 1000 clicks: $200 in LEAP tokens bonus
🏆 A post with more than 1000 clicks: $500 in LEAP tokens bonus
🏆 Platform review: $750 in LEAP tokens bonus
To sign up just go to this link (https://forms.gle/HN584d67ntNMcjHX7) and fill-up the form, if you have been accepted one of the LEAP stars will contact you shortly!