💰Main Assets

There are four main assets in the Laboon ecosystem: U.point, Gift Ticket, Laboon NFT, and Laboon Token (LAB).

1) U.point

U.point is the most basic asset in Laboon. It can be purchased in the store and earned in various places such as Discord community events, achievements, and Giftboxes.

There are many uses for U.points, but the main one is to purchase tickets to participate in periodic Giftbox Events. Giftboxes can be accessed from the Community menu, and participants can open them to win popular blue-chip NFTs, Laboon pieces, and U.Points.

2) Giftbox Ticket

Giftbox tickets are used to open giftboxes. For 100 U.points, you can purchase 1 Giftbox Ticket to open a Giftbox. The number of tickets can be opened varies depending on the total prize size.

3) Laboon NFT

Laboon NFT is a reward for passionate participation in the Laboon ecosystem. Basically, you can collect 100 Laboon pieces from the Giftbox and exchange them for Laboon NFT. As a Laboon NFT holder, you are a key member of the Laboon ecosystem and can receive various additional benefits at events organized by the Laboon ecosystem.

4) Laboon Token (LAB)

Laboon Token is used to transparently manage ad revenue and community rewards. Participants in the Laboon ecosystem can earn Laboon Tokens allocated as seasonal community rewards based on the value of NFTs they own, the cost of purchasing NFTs during the period, and their participation in events and community activities. Earned Laboon Tokens can be converted into U.points or exchanged for other goods through the exchange.