๐ดInitial Ecosystem
Building the Initial LMTLS Ecosystem: Paving the Way for Growth
Overview of Strategic Partnerships
In the initial phase of the LMTLS project, our primary objective is to secure a robust user base by partnering with mobile services closely aligned with Korean culture and industry. Alongside Nuri Lounge, a global creator service operated by LMTLS founders, we will establish key partnerships with prominent Korean startups spanning diverse mobile services such as Funpik for Korean language learning, goPicky for global K-Beauty reviews, travel communities, and influencer marketing platforms. Through these collaborations, we aim to rapidly build the initial alliance network and secure a minimum of one million users for the LMTLS ecosystem.
Purpose of the Initial Stage
The initial stage of the ecosystem serves two crucial purposes: acquiring initial users for LMTLS and validating hypotheses related to token usage and circulation. By partnering with early alliances like Funpik and goPicky, we anticipate attracting over 300,000 initial users. Nurilounge's influencer content will also attract external users, while subsequent alliances joining the ecosystem will accelerate the growth, enabling us to swiftly reach a user pool of one million.
Leveraging LXP in the Initial Phase of LMTLS
Each service has an unified point called LXP, which allows users to seamlessly integrate and utilize multiple services without boundaries. For example, goPicky users can exchange LXP collected on goPicky for vouchers redeemable on Funpik. Since the initial alliances specifically target users interested in Korean culture, they can enjoy the advantages of leveraging LXP across multiple services. These alliances among the first ten mobile services are designed to foster mutually beneficial exchanges among users, thereby validating our hypothesis of ecosystem expansion through increased point utilizationโan essential goal of LMTLS.
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