{"title": "$BABO", "logoImg": "bafkreihiilaqu5a2dvijxnijnjxfdbu4qw4qfbbx5dwqilk6ehmyurc46y", "website": "https://babo.club/", "bannerImg": "bafkreie5yp6oonopqz4nudkhswbkwvttccxqesbsrtpz2wsu7bfm224gxy", "createdAt": 1726247704793, "credentials": {}, "description": "$BABO was born on April 12th, 2023, on the Lukso blockchain. Our mission is to create a fun, engaging project while expanding to serve multiple use cases as we grow and evolve within our community. In the coming weeks and months, we'll be launching our exclusive Babo NFT collection. This collection will feature 1,000 unique NFTs, allowing users to swap their $Babo coins for a one-of-a-kind NFT!\n\n### How will we use any funds raised?\n\nThe Babo NFT collection is set to get even more exciting! We’re introducing a rewards mechanism where holders of specific NFTs will earn rewards. Users can \"stake\" their NFTs in a pool and be rewarded with $Babo coins.\n\nRegardless of funding, this will happen. The Babo team is fully committed to delivering unique functionality to its users. So, why are we asking for additional funds?\n\n### Timeline: \nBabo is driven by a dedicated team of three. So far, the project has been entirely self-funded, and we haven’t sold a single $Babo from our team’s funds. However, without additional support, there’s only so much we can do.\n\nAny funds raised will be used to grow the project in the following ways:\n\n- Advertisement: We love our LUKSO FAM, and we’re sure you know it! However, we need to reach broader communities and bring them over to Lukso to show them what all the excitement is about. This will involve project integrations, advertising through NFT platforms, and boosting social engagement via giveaways.\n\n- DeFi Applications:  \nBabo aims to create innovative ways for users to be rewarded for supporting community projects, not just $Babo. We have some unique ideas in the pipeline, including:\n  - Staking $Babo and other coins to earn NFTs.\n  - Staking NFTs to be rewarded with project coins.\n  - Minting new NFTs exclusively through staking.\n\nThis gives a glimpse into the direction $Babo is heading as a project. \n\nAny contributions, big or small, will be greatly appreciated. \n\nTEAM BABO", "logoImgData": {}, "bannerImgData": {}, "projectTwitter": "lyxbabo"}