MANTRA DAO takes a stake in Lepricon
Hong Kong, 16 February 2021 — Lepricon Technologies, a community-governed prediction games platform, announced that MANTRA DAO has taken an investment position in Lepricon and will also act as a strategic partner to Lepricon as it moves towards launch later in the second quarter of this year.
MANTRA DAO is a community-governed DeFi platform and Decentralised Autonomous Organisation focusing on staking, lending and governance. MANTRA DAO makes the benefits of decentralized finance available to a mainstream audience, with a comprehensive set of DeFi services, while at the same time empowering their community with the ability to impact the direction and focus of the DAO.
“MANTRA DAO and Lepricon share a vision of empowering ordinary people to participate in the decentralized economy,” noted Joshua Galloway, Founder and Chief Executive Officer of Lepricon. “MANTRA DAO is a natural partner for us, and both their knowledge and portfolio of capabilities will greatly add to Lepricon’s value proposition.”
“Sharing our vision of decentralization and putting control back in the hands of the community, we are incredibly excited to be partnering and working with the team at Lepricon,” added Will Corkin, Co-Founder & Council Member at MANTRA DAO. “We look forward to further integrating their L3P token into the MANTRA DAO app and suite of DeFi services to help expand upon their already strong token utility and economy!”
The Lepricon platform will launch in the second quarter of 2021. It will provide hyper-casual games for the general public that operate on a blockchain backbone via their native governance token, L3P. Three games, developed in-house, will accompany the launch. Lepricon will then open the platform to third-party developers. Lepricon will also offer opportunities for staking and liquidity mining to those that hold L3P.
Lepricon recently released its white paper, available at lepricon.io.
About MANTRA DAO
MANTRA DAO is a community-governed DeFi platform focusing on Staking, Lending, and Governance. MANTRA DAO leverages the crowd’s wisdom to create a community-governed, transparent, and decentralized ecosystem for web 3.0. Built on Parity Substrate for the Polkadot ecosystem, MANTRA DAO gives financial control back to the people to store and grow wealth together.
Lepricon is a community-owned and governed prediction games platform that allows stakers, developers, and gamers to enjoy the benefits of DeFi in a gamified way, backed by a vibrant community in which all participants receive rewards for positive contributions and interactions.
Lepricon is a Decentralised Autonomous Organisation (DAO) — an organization represented by rules enshrined in computer code; transparent and controlled by the network participants and not by a central authority.
For further information, please visit https://www.lepricon.io.