LeisureMeta Project Overview and Token Value Analysis

The LeisureMeta project overview and token value analysis is written for those who want to understand an innovative business model that utilizes blockchain technology to connect the real and virtual worlds.

It aims to communicate LeisureMeta's vision, foundations, and how the value of the LM token will fuel the project's growth and user engagement, provide investors and the community with the right information, and clarify the project's future possibilities.

LeisureMeta Overview

LeisureMeta is at the forefront of merging blockchain technology with cultural exchange and entertainment. The project’s primary focus is to create a global ecosystem known as LM Twin City, bridging the physical and virtual worlds, and enabling users to participate in a DAO.

LeisureMeta project is to become a Web3 Enabler, creating sustainable DAO communities. Through blockchain-based community DAOs, LeisureMeta aims to generate new forms of jobs and income sources, realize the Web3 values of fair rights and rewards, and respect human free will, thereby presenting a new "normal" for social, cultural, and economic communities.

In essence, LeisureMeta strives to evolve as a key infrastructure in the digital economy, setting new standards for social, cultural, and economic spheres.

Learn more in the whitepaper here. 

LM Token Valuation

LeisureMetaverse is a pioneering community project aimed at building social, cultural, and economic ecosystems for Web 3.0 creators and fans. As part of this initiative, the project has issued its utility token, the LM token. LeisureMetaverse has three direct competitors:

• Rally (RLY) focuses on creating a Web3 connection between artists, creators, and users on mobile platforms.

• Audius (AUDIO) is a decentralized music streaming protocol.

• Chiliz (CHZ) is the leading digital currency for sports and entertainment.

To evaluate the valuation of the LM token, the project compares its metrics against these competitors using the price and Fully Diluted Market Capitalization (FDMC) as follows:

LeisureMetaverse (LM)

    Price: $0.003531

    FDMC: $16,482,972.23

Rally (RLY)

    Price: $0.005245

    FDMC: $78,675,000.00

Audius (AUDIO)

    Price: $0.121300

    FDMC: $155,858,852.90

Chiliz (CHZ)

    Price: $0.072260

    FDMC: $1,083,900,000.00

Next, we calculate the ratio of LM's FDMC to each competitor's FDMC using the following formula:

Ratio =  (Competitor's FDMC)/(LM FDMC)

The FDMC ratios are as follows:

• LM/LM = 1

• RLY/LM = 4.78

• AUDIO/LM = 9.45

• CHZ/LM = 65.76

LeisureMetaverse aims to be a leader in the industry. If we assume that LeisureMetaverse (LM) can achieve the valuation of its competitors Rally (RLY), Audius (AUDIO), and Chiliz (CHZ), we can estimate the potential value of the, LM token by multiplying its current price by the FDMC ratio:

Estimated LM Price = LM Price x (Competitor’s FDMC)/(LM FDMC)

• Estimated LM Price (compared to RALLY) = $0.003531 x  $78,675,000.00/$16,482,972.23 = $0.0168538

• Estimated LM Price (compared to AUDIO) = $0.003531 x  $155,858,852.90/$16,482,972.23 = $0.0333883

• Estimated LM Price (compared to CHILIZ) = $0.003531 x  $1,083,900,000.00/$16,482,972.23 = $0.2321942

Conclusion

Based on this method, the estimated fair value of the LM token will be $0.0168538, $0.0333883, and $0.2321942.

Fundraising

LeisureMeta has raised $2.96M in funding through a Seed Round and a 1st Round. The details of each round are as follows:

1. Seed Round (2021 4Q)

• Token Sale (LM): 151,407,100 LM

• Fund Raised (USD): 1,274,471 USD

2. 1st Round (March 2022 ~ October 2022)

• Token Sale (LM): 20,092,727.22 LM

• Fund Raised (USD): 1,689,394 USD

3. Total

• Token Sale (LM): 171,499,827.22 LM

• Fund Raised (USD): 2,963,864 USD

LeisureMeta is building a system for the continuous growth and development of the project and aims to expand the ecosystem and strengthen the foundation of LeisureMeta through fundraising.