MVHQ EXCLUSIVELY PARTNERS WITH LOFI EQ: STREAM AND EARN APP
TL;DR
MVHQ is elated to announce an exclusive partnership with LOFI EQ, an app that we believe is poised to be the next STEPN. Participating MVHQ members will be eligible to receive airdrops of $LOFI token (equivalent to $1000 at time of $LOFI’s ICO).
09/22/22 UPDATE
After speaking with the Lofi team, they have decided to decrease the amount of BUZZ it takes to earn LOFI at each tier. All of the following dollar amounts are pegged to the LOFI ICO price of .005. Below is the updated timeline:
20,000 $LOFI — → App download and account creation ($100)
40,000 $LOFI — → 4 Buzz Token Earned ($200)
80,000 $LOFI — → 12 Buzz Token Earned ($400)
60,000 $LOFI — → Feedback via Google Form handed in ($300)
Why Lofi EQ?
Since the success of STEPN, the competitive landscape for a “<insert verb> and earn” app has seen quite the uptick. Mainstream audiences love a great use case.
I missed out on all the STEPN fun and I have been eager to find the next one…
Following a similar gamified model between NFTs and Crypto (powered by the Binance Smart Chain), the team building the LOFI EQ app delivers from a Web2 building background, building a mobile app that rewards viewers with crypto while consuming content on your favorite live streaming platforms.
As a handful of you know, some of the team and myself were in Korea for Korean Blockchain Week, where we got to personally meet with the Lofi EQ team and learn more about their team and product. After playing with the app, you can really get a sense of how methodical they were in developing their user flow.
From a consumer’s perspective it makes sense, and I especially appreciate how Lofi EQ is incorporating creators as well in their model, bringing viewers and streamers together. Enabling features like tipping and earning for streaming content adds more layers to help diversify the points of engagement on the app and entry points for more unique stakeholders.
Lofi EQ recently launched their open beta a handful of days ago, allowing Live Twitch Viewing in its current form with a Youtube Live integration coming soon.
The Logistics Of Our Partnership With Lofi EQ
The LOFI EQ team has witnessed the power of MVHQ’s platform in real time as we’ve helped bring incredible Web3 solutions like Moby, NFT Nerds, Ninja Alerts, Blur, and Degenmint to market.
LOFI EQ is offering MVHQ members an exclusive series of airdrops (and a free claimable Lofi Pod NFT) to incentivize product testing and feedback for their team.
Every MVHQ member gets to apply for one account, with whales allowed to apply for up to 5 separate accounts (given to friends and family for individual product testing). Each account will be eligible for the rewards of our partnership with Lofi EQ.
MVHQ Member Participation Form
https://www.premint.xyz/lofi-eq-for-mvhq-members/
MVHQ Whale Participation Form
https://www.premint.xyz/lofi-eq-for-mvhq-whales
MVHQ Member Participation Form
https://www.premint.xyz/lofi-eq-for-mvhq-members/
MVHQ Whale Participation Form
https://www.premint.xyz/lofi-eq-for-mvhq-whales
We’ve opened a dedicated channel within MVHQ #lofi-support so that community members can ask questions and give feedback as they test the app.
PARTICIPATION EXPECTATIONS + $LOFI AIRDROP LOGISTICS
LOFI EQ will be airdropping $LOFI tokens to participating accounts as MVHQ members meet each milestone below.
1. Download LOFI EQ and create an account with the email address you submitted.
2. Earn 5 $BUZZ using LOFI EQ
3. Earn 15 $BUZZ using LOFI EQ
4. Fill out the feedback form
Participating MVHQ members are eligible to receive $1000 worth of $LOFI on the starting price of its initial coin offering.
Let’s break that down.. if $LOFI’s ICO starts at $.005 per $LOFI.
If $LOFI opens at $.005, then our participating members could receive up to 200,000 $LOFI in total in airdrops ($1000 / $.005 = 200,000 $LOFI Token).
20,000 $LOFI — → App downloaded and account created
40,000 $LOFI — → 5 Buzz Token Earned
80,000 $LOFI — →15 Buzz Token Earned
60,000 $LOFI — → Feedback form filled out
$LOFI is a BSC token so we will require you to input a BSC BEP20 wallet address when filling in the premint. Our very own daddy Jinzo was kind enough to draft up a quick guide on how to set up Binance Smart Chain on your Metamask. If you’d like to use Trust Wallet please let the Lofi EQ team know in #lofi-support.
To add BNB Smart Chain to Metamask:
Network Name: Smart Chain
New RPC URL:
[https://bsc-dataseed.binance.org
ChainID: 56
Symbol: BNB
Block Explorer URL:
[https://bscscan.com/](https://bscscan.com/)
Make sure to import the $LOFI token to your wallet:
$LOFI: 0x77F86D401e067365dD911271530B0c90DeC3e0f7
You can also download Trust Wallet on your mobile device. You will need to save your seed phrase just like with any other wallet. From there, add $LOFI token with the address mentioned above.
IN CONCLUSION
We’ll be hosting the Lofi team on Tuesday, September 22nd, 8pm EST for an office hours to demo the app, cover onboarding, and answer all of our questions!
MVHQ members and whales have until September 30th to apply via the premint form, everyone that applies will be counted as an entry to the LOFI team.
MVHQ members can get started engaging with Lofi EQ’s app right now.
I’ve personally been testing on my iOS and Macbook Air.
As we look to set the bar for how we can incubate innovative technology, we’re excited to offer this opportunity to MVHQ. Considering our recent strategic partnerships, we hope ya’ll get a sense of how we’re evolving the MVHQ platform to bring opportunities that don’t exist elsewhere.
If this isn’t your cup of tea it’s all good, there’s gonna be more opportunities like this to come.
If you’re interested, feel free to fill out the MVHQ participation forms below and get started with the app with the email account/s you send us.
App Download, Whitepaper, and Links
Lofi EQ On iOS
https://apps.apple.com/us/app/lofi-player/id1640663133
Lofi EQ On Android
https://play.google.com/store/apps/details?id=app.lofi.eq.android
LOFI EQ White Paper
https://whitepaper.lofi.buzz/
LOFI EQ Linktree
https://linktr.ee/lofi_buzz
MVHQ Member Participation Form
https://www.premint.xyz/lofi-eq-for-mvhq-members/
MVHQ Whale Participation Form
https://www.premint.xyz/lofi-eq-for-mvhq-whales
FAQ
How can MVHQ Members participate in this partnership?
Members can sign up with the participation forms and immediately download the app and create an account. From there, they’ll start with a Lofi Pod in their account to earn $BUZZ by watching live twitch streams on the app.
When is the cutoff date to apply to participate in this partnership?
September 20th is the tentative end date for MVHQ members to sign up. Depending on the interest from our community, Lofi EQ and MVHQ can choose to extend this sign up window.
When will the LOFI POD NFT be airdropped to participating members?
The airdrop is a free mint ticket to claim a Lofi POD NFT. Members will also be sent enough BNB to pay for gas for that mint, that is the only cost for claiming the free LOFI Pod NFT
What content can be viewed on Lofi EQ’s app?
The app currently supports live viewing on Twitch, with planned integrations for Youtube live and more.
How long of viewing time does it take to earn $BUZZ?
With one starter pod given, it allows users to watch 40 mins (approx. 1.1 buzz), meaning that 2–3 hours in total will reach 5 buzz and so on.
When is the Public Token Sale of $BUZZ and $LOFI?
The TGE for $BUZZ and $LOFI are slated to happen next month.
Where is the Public Token Sale of $BUZZ and $LOFI happening?
Bybit and Crypto.com
Are the $BUZZ tokens earned through the Lofi EQ app before the Public Token Sale tradeable?
$BUZZ token earning before the Token Sale are recorded in app but aren’t the actual $BUZZ tokens. When the TGE occurs, the $BUZZ each account has accrued will be bestowed to each account accordingly.
When can I connect my wallet to the Lofi EQ app?
Lofi EQ will update the app to enable the connecting of wallets during the open beta. Participating MVHQ members will receive their airdrops directly, no connecting to the Lofi EQ app will be required to receive them.
Is MVHQ invested in Lofi EQ?
MVHQ does not have a vested interest in Lofi EQ. This Strategic Partnership is inline with MVHQ’s value proposition to both it’s community and incubation partners.
