More Info About ICO
|Start Date||January 16, 2022|
|End Date||January 17, 2022|
# What is Lepasa ?
Lepasa is a mythological virtual life project conceptualised by a team of artists and developed on Ethereum blockchain. It is going to be launched, when there is a serious demand established for NFT projects more than JPEGs in Q4 2021. The vision is to establish an ecosystem that allows users to create, experience, and monetise their content and applications. Every piece of creativity in Lepasa is an NFT Token (ERC-721) and can only be acquired by the Lepasa native token (ERC-20) Lepa.
To begin with, Lepasa is offering 15 Unique mythological creatures with limited editions of each. Each creature is unique NFT in various terms of its features and looks.
## What makes Lepasa NFTs unique ?
Lepasa creatures are the “Fine Art 3D Game Ready NFTs, And Not Just JPEGs. Lepasa NFTs give the owner access to the actual source file, in turn the NFT owner has capability to animate and use creatures in games, videos, 3D Metaverse, and so much more. The possibilities are endless!
## What is Lepa Token ?
LEPA is the native token for LEPASA ecosystem built on Ethereum blockchain and will be available to users initially via an IDO and later on several DEX and CEX. NFTs created and issued by Lepasa will exclusively be available against Lepa tokens. Lepa will have cross-chain capability on Polygon and Binance Chain.
Lepa token is an ERC-20 Token and is Audited by the smart contract auditing firm CertiK. Furthermore , A well thought and strict Deflation logic is already in place, whenever NFT is swapped from Lepasa, the token exchanged against it will be burnt.
## Team Behind Lepasa
LEPASA is a collective initiative by leading artists, blockchain veterans & crypto tech enthusiasts.
Co-Founded by Ashish Agarwal & Alok Joshi. Ashish has 10 years of experience being founder of tech startups and early Bitcoin adopter in 2013. Alok has been into IT and Softwares for the last 20 years and pursued M.Sc. Informatics from Kingston University, London. The team has strong advisory from industry Veterans like Harish BV (Co-Founder-Unocoin), Bertrand Juglas (DevOps Architect), Naeem Karbhari (Barrister, UK) and Jaggu Prasad (Senior fine art artist, his work is still sold in Sotheby's and Christie's).
## Partnerships & Associations
Lepasa has already been supported by “Polygon Network” for its tech and marketing support.
In order to bring more trust, security and transparency Lepasa chose world’s leading security auditors CertiK to discover issues and vulnerabilities in the source code of Smart Contracts as well as other contract dependencies.
The certificate can be found at [here](httphttps://www.certik.org/projects/lepasas://).
In line with vision of being a fully active Decentralised Autonomous Organisation (DAO), Lepasa has transferred the Lepa contract and all its distribution Buckets ownership rights to a Multi-signature wallet from Gnosis Safe. More information can be found [here](hthttps://lepasa.medium.com/lepasa-partners-with-gnosis-4492fa37376atps://)
## Token Supply
The total token supply is capped at 100 million Lepa with the initial circulation around 10%.
39% of tokens are in hands of strategic partners and contributors with a 1 year vesting, 10% are in foundational reserve locked for 1 year, then unlocked with daily vesting over 365 days, 10% are team and 5% advisory tokens locked for 1 year, then vested daily over 365 days. However, another 25% are marketing and business development tokens, 10% of which are available before listing, the rest bound by daily vesting over 365 days. 10% are for the liquidity bucket.
Only 1% of Lepa tokens are public.
Detailed information can be found at Lepasa website [token page](hhttps://www.lepasa.com/tokenttps://).