Ki brings BrandFi to Cosmos

Malek
Ki Foundation

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Not so long ago the Ki Chain announced an upgrade to integrate Cosmwasm and the ability to deploy interchain smart contracts. Along with that announcement we shared our vision of what will the Ki ecosystem be; a vibrant ecosystem of DeFi products and permissioned financial services.

The first of those products, a cosmos-based Play-To-Earn card game, has already been deployed. Starting with a 50k NFTs airdrop of Cosmon leaders, whitelisted & public mints that were followed by weekly $XKI rewards distribution.

Today we’d like to present to you the next product launching on the Ki Chain, ELEVENPARIS!

About ELEVENPARIS:

Eleven Paris is the French face of urban chic. Embracing street style, couture and wearable basics, it started life as a homegrown indie label and became an international fashion reference in less than two decades.

But growing in size didn’t mean growing up! The brand’s playful spirit is still in everything it does: from collabs with rappers, models and influencers who embody the Eleven Paris motto: “Life is a joke”.

Now the label is striding into Web 3. Harnessing tech to bring members closer to the looks and their creators, as well as opening up a world of digital opportunities made possible by the Ki Chain.

We ,at the Ki Chain, strongly believe that WEB 3 will revolutionise engagement between creators and brand lovers, realign incentive between the two and give birth to entirely new revenue streams and engagement models that allow brands to build more successful and sustainable businesses. Which is why we welcomed a partnership with ELEVENPARIS.

Jokies & $LVN:

ELEVENPARIS’ entry into WEB 3.0 is spearheaded by an NFT collection; Jokies and a loyalty token $LVN:

Jokies is an art collection of cool monkeys that vary in rarity. Being a joky holder unlocks the following perks:

  • Discount on future orders from ELEVENPARIS
  • Exclusive access to future collections and sales
  • 20% cash-back in $LVN tokens on your NFT purchase
  • Home-delivered physical artwork
  • “Happy Mondays” program that unlocks weekly $LVN rewards

$LVN’s arrival to the Frontier!

The $LVN token will act as the utility token for Joky holders; unlocking weekly rewards and acting as a payment method for future ELEVENPARIS purchases.

$LVN will also be publicly traded through Osmosis Frontier. As mentioned before, $LVN will be deployed on the Ki Chain and will therefore be paired with $XKI.

Trading is already open for $LVN tokens, here is a step-by-step tutorial on how you can acquire $LVN tokens:

Note: To be able to get $LVN tokens you need to have $XKI tokens already deposited on Osmosis.

First you need to head over to the $XKI/ $LVN pool on Osmosis Frontier by clicking here:

1- Click on “Swap Tokens”.
You can also skip this step by heading directly to Osmosis homepage.

2- Choose the amount of $XKI that you’d like to swap to $LVN and click “Swap”.

3- Approve transaction.

4- To check out your $LVN assets, head over to “Assets” once the transaction is broadcasted.

5- Scroll down to find LVN tokens.

Closing thoughts

As mainstream adoption grows, creator-fan engagement is bound to change drastically and take on new shapes through NFTs and loyalty tokens that move the relationship between a fan and brand from one of consumption to one of collaboration.

We’re very thrilled to be amongst the first to support WEB 3.0 transition of real-life businesses. This is a great milestone for the Ki Chain and a step closer to achieving our vision for the Ki ecosystem.

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