What is LOFI Project (LOFI)

LOFI Project is a Watch and Earn social entertainment platform built with AI-driven features. You can watch, enjoy, and earn from just watching your favorite streamers or stream it yourself! At LOFI Project, your watch time is gold. Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (LOFI/USDT – Trade it here) on our Innovation Zone! Check it out now!

What is LOFI Project (LOFI)
What is LOFI Project (LOFI)

What Exactly is LOFI Project?

The LOFI Project is revolutionizing the live-streaming ecosystem by making the act of watching live streams more productive and rewarding. By focusing on the needs of live stream fans, who are the driving force behind the streaming industry, LOFI is creating a more sustainable ecosystem where everyone benefits.

The LOFI team is working to bridge the gap between Web2 and Web3. Furthermore, they are reimagining what a healthier streaming ecosystem could look like. Therefore, the LOFI EQ app is the first step in this direction. This platform is specifically designed for live stream fans, offering them more substantial rewards for their watch time.

Through the various functions of LOFI EQ, live stream fans now have a way to monetize their watch time and ensure that their donations reach the intended live streamers. By watching, enjoying, and contributing to the LOFI ecosystem, both the lives of viewers and streamers can be positively impacted.

Join the vibrant LOFI community, where you can find like-minded users, and Twitch streamers, search content, and connect with fans. Share your thoughts on your interests, favorite streamers, and much more. Get started today and make the most out of your Twitch viewing experience with LOFI EQ!

What are the Functions of LOFI EQ?

Watch and Earn

Experience the value of your time while watching content on Twitch with LOFI EQ! This innovative platform allows you to earn BUZZ tokens while watching Twitch streams and donate them to your favorite streamers. In addition to regular donations, LOFI EQ offers various functions such as membership-only content, personalized videos, and 1:1 video calls, all of which can be accessed with $BUZZ.

You can also easily select your favorite streamer on Twitch and move to the LOFI EQ platform through the share function, or you can search for your preferred Twitch streamer directly on the platform. That’s not all! With LOFI EQ, you can check the rankings of your favorite streamers and donation rankings on the leaderboard. You can even compete with other fans and contribute more to your favorite streamers.

LOFI Pods

Engage and get rewarded with LOFI Pods, the NFTs that make live stream watching on the LOFI EQ app more engaging and rewarding. By wearing LOFI Pods, you can earn BUZZ tokens, adding more value to your watch time. Don’t worry if you can’t afford NFTs, though, because you can still earn BUZZ with Starter Pods.

Although less efficient than LOFI Pods, Starter Pods provide an alternative for those unfamiliar with Web3 systems. You might need to meet certain conditions such as watching Ads or holding a certain amount of BUZZ to use BUZZ earned with Starter Pods. Once all LOFI Pods are minted, you can purchase them in LOFIMARK, the official marketplace of LOFI EQ.

Earning BUZZ is simple. Just watch Twitch live streams and earn BUZZ, without any complex elements such as Attributes, Energy, or HP. The amount of BUZZ you earn depends on the number and rarity of LOFI Pods you own, as well as your watch time.

The earning rate for BUZZ decreases as your watch time increases, and the rate resets at UTC+0, regardless of your watch time. The weight of earning rate increases with the number of Pods you own. So, the more LOFI Pods you have, the more BUZZ you can earn, proportionally. Start earning today with LOFI Pods!

Tokenomics of the LOFI Project

BUZZ and LOFI are two different tokens used in LOFI Project. BUZZ is an in-app utility token that can be earned by viewers while watching live streams. It can be used to donate to streamers, decorate LOFI Pods, participate in social competitions, and remove ads on LOFI EQ. On the other hand, LOFI is a governance and utility token with a total supply of 10,000,000,000. It can be used to participate in and vote on important decisions and to purchase LOFI Pods.

Viewers can donate BUZZ to their favorite streamers and can experience various functions with them such as membership-only content, personalized videos, and 1:1 video calls with BUZZ. Streamers who own a LOFI Mic can incentivize viewers to spend more time watching their live streams by offering a higher earning rate for BUZZ. This can help streamers gain more influence and income in the LOFI EQ ecosystem.

Where to buy LOFI Token

You can find LOFI Token here at MEXC! We are listing LOFI/USDT in our Innovation Zone!

What is the Price of LOFI Tokens?

LOFI token is currently trading at MEXC for the price of $0.00768 per unit. It has a fully diluted market cap of $81,810,442. It also has a 24-hour trading volume of $178,719. You can check the live price of their token right here!

How to buy LOFI Tokens on MEXC

You can buy LOFI Tokens on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “LOFI” using the search bar to see the available trading pairs. Take LOFI/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of LOFI you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy LOFI] to confirm your order. You will find the purchased LOFI in your Spot Wallet.

You can find a detailed guide on how to buy LOFI Tokens here.

Keep Yourself Updated With The Crypto Trend

Check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! What’s more, MEXC lists moonshots and offers access to trade major cryptocurrencies. Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

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Wilbur Kwok

Wilbur strives in two ecosystems – Sports and Blockchain. Hit him up now to talk about all things crypto related!

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Wilbur Kwok
Wilbur strives in two ecosystems – Sports and Blockchain. Hit him up now to talk about all things crypto related!