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Friday, September 30, 2022

What Is Letmespeak (LSTAR)? Complete Guide & Review About Letmespeak

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What Is Letmespeak (LSTAR)?

Letmespeak Imagine being paid to learn a foreign language. With 1.4 billion people worldwide learning English, the social and economic impacts could be enormous. With paid learning, many millions of people could improve their economic and social mobility and earn a meaningful income in the process.

The idea is becoming a reality with Web3 technologies and new business models. One of the most promising trends in the digital asset space is GameFi (‘game’ + ‘finance’) — also known as Play-to-Earn gaming. It allows users to earn money while playing online games.

Apply a similar principle with Learn-and-Earn, and you are solving the biggest problem in online education – motivation. Learn-and-Earn boosts the speed and success rate of acquiring useful new skills and knowledge by combining learning with financial incentives and instant gratification. Welcome to LetMeSpeak, Web3 language learning. A place to play, learn English and earn.

The LSTAR is the in-game currency of the LetMeSpeak Coin ecosystem. It is used to reward people for learning English and for redistributing value between community members and NFT owners. LSTARs have utility inside the game, and are freely transferable outside of it.

Important Points Table Of LetMeSpeak

BasicPoints
Coin NameLetMeSpeak
Short NameLSTAR
Circulating Supply321,552,752.00 LSTAR
ExplorerClick Here To View
DocumentationView Document
WebsiteClick Here To Visit

How to Buy the Continental & Trade On Exchange?

First Step

Buying LSTAR Is Very Easy Task . Just Find Exchange Where LSTAR Available & Buy Through Your Credit & Other Altcoin .

Second Step

Once You Purchased LSTAR. Now It Is Time To Store Your LSTAR Or Start Trading On Exchange .

LSTAR Price Live Data

The live Learning Star price today is $0.020017 USD with a 24-hour trading volume of $286,906 USD. They update to USD price in real-time. This is up 0.72% in the last 24 hours. The current CoinMarketCap ranking is #3433, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.

If you would like to know where to buy Learning Star Coin at the current rate, the top cryptocurrency exchanges for trading in Learning Star stock are currently MEXC, and Serum DEX. You can find others listed on crypto exchanges page.

Earn while learning with Let Me Speak

1 Learn for free

Study new words, improve grammar & practice speaking

2 Get reward points

Receive a free Scholarship or buy NFT Characters to Earn reward points

3 Convert to real money

Convert your rewards to USDC on in-build Swap or external exchanges.

Economy

The LetMeSpeak economy is designed to boost people’s motivation and learning results. A Web2 language learning economy typically works the following way:

  • Value flows one way. You exchange money for a learning experience.
  • You don’t have any control over the economy, company directors and shareholders do.
  • You do not enter into economic relationships with other system participants.

The LetMeSpeak Web3 economy works very differently:

  • Values flow both ways. From you to the ecosystem and from the ecosystem to you.
  • You can influence governance of the ecosystem.
  • You enter into economic relationships with other ecosystem participants.

Technology

The goal is to create the smoothest and safest Web3 language learning experience for 1 billion people, where no blockchain knowledge is required to learn, earn and spend.

They are using Solana Blockchain as the core for our Web3 infrastructure. Users benefit from low transactions fees (from $0.00001) and high throughput (up to 50,000 transactions per second).

The vision for the world is multi-chain. Cross-chain solutions like Wormhole will help make it easier to bring crypto-natives from other chains to LetMeSpeak.

In the near future, they may integrate additional L1s that would help deliver the smoothest possible experience to users at scale.

Tokenomics

Not financial advice

The LetMeSpeak economy is designed to boost people’s motivation for learning and their results.

It is based on a dual token model with powerful game mechanics and balancing rules working together to create a new type of educational ecosystem for a billion people.

LSTAR rewards tokens drive and balance the economy inside the ecosystem.

LMS Governance tokens distribute the rights to adjust the economy rules, future development of the ecosystem, and governance over Treasury.

LSTAR token

The LSTAR is the in-game currency of the LMS metaverse. It is used to reward people for learning English and for redistributing value between community members and NFT owners. LSTARs have utility inside the game, and are freely transferable outside of it.

During the initial growth stage LetMeSpeak is ready to sell/issue LSTAR in-game currency for 0.03 USDC, and to buy back LSTARs at 0.02 USDC (subject to funds availability in Treasury and governance token holder decisions). This range may change in the future with prior notice.

LSTAR token Utility:

● Create new NFT Characters (Invites)

● Visa extension for Characters

● In-game fees and consumables

● NFTs visual customization

● Purchase Property NFTs

Team

Alex Grebnev, CFA (London)

Dmitrii Basalkin (Dubai)

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