LetMeSpeak.org News
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🇬🇧 Join our language learning metaverse & earn while you learn! https://linktr.ee/letmespeak.org/

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Today, we have some exciting news to share!

Invites are finally here! You can now create new NFTs from existing ones, and have an even more rewarding Learning & Earning experience.

More details in the article: https://letmespeak.medium.com/invites-engine-of-user-driven-economy-e88ddb2de477
Keeping LetMeSpeak Ecosystem Clean from Fraud.

Thank you all for the overwhelming positive response to the LetMeSpeak Learn & Earn metaverse and driving it forward.

We want LMS ecosystem to be a safe place for all people to learn and earn.

Over the last week we identified 256 NFTs that used bots to earn without learning. In the long term, such fraudulent behavior can have a negative effect on the ecosystem. We are committed to keeping LMS metaverse clean from such bad actors.

We have banned these users from the LMS economy: their NFTs won’t be able to earn any more and won’t be sellable on LMS Marketplace.

We will continue to monitor and take measures to protect the ecosystem from fraud. Over time, we look forward to LMS DAO looking after this.
Biggest problem in online education is motivation.
Earning while learning encourages people to study more persistently.
Does it really work? Who pays for it? How do we make it sustainable?

Find the answers here: https://letmespeak.medium.com/learn-earn-how-to-boost-learners-motivation-and-not-run-out-of-cash-b8aa657d256d
Thank you for joining the LetMeSpeak Metaverse! As of today, more than 10000 NFT Characters were used for learning and earning and it’s just the beginning!

Please pay attention to the upcoming rewards rate adjustments in the last article about the LetMeSpeak “Learn and Earn” business model
https://medium.com/@letmespeak/b8aa657d256d
Exciting news! Our web version is out 😁

You can now learn & earn anywhere/anytime, on any device 🤩 - iOS, Android & even your desktop.

Vocab & grammar practice included. Dialogues & storyline coming soon.

https://web.letmespeak.org
You’ve spoken, we’ve listened.
Thank you for sharing your thoughts and support in making the ecosystem more sustainable.

Here are 3 things we are working on right now to make the LMS Economy more rewarding:

Only users are now selling NFTs on market.letmespeak.org (no primary sales from LMS). Effective from 7 April until 30th April ‘22. This may change if NFT prices are more than 15% higher than our base NFT prices stated in the https://medium.com/@letmespeak/f95a31ae0ef8

The first set of Bonus Rewards will be effective from Monday onwards! The higher your NFTs XP level is, the higher your daily rewards will be, up to 20% higher. Details to follow.

Invites are going to be more rewarding this month. You will get a 10% Discount on all Invites after the first one. You will also need to wait only 30 minutes (instead of 3 days) between Invites. Effective from 13th April until 30th April.
Your NFT Character’s Skills now increase your rewards!

As you get higher XP levels the Skills of your Character grow & rewards grow too. Check your Skills bonus rewards rate in the app after the next update this week. Bonus applies starting from now.

Calculation formula: % bonus rewards = (weighted average for skills used for type of training)*0.0007.

Example: if you practice words and your NFT has 190 Vocab & 130 Pronunciation & 110 Listening, you can calculate it as (0.429*190+0.286*130+0.286*110)*0,0007 = 11,2% bonus LSTARs.
Here is a table with examples of average bonus % from Skills for different Rarities and XP levels.
Great news!

More rewards for everyone 😜
- 10% discount on all Invites after the first one
- Invites every 30 minutes instead of 3 days 😱

Runs till 30th April!

Learn more about Invites https://medium.com/@letmespeak/e88ddb2de477
Learn & Earn active audience has doubled in the last month! Over 20,000 NFT Characters are now used to learn English and earn rewards in the LMS Metaverse.

Join now for free:
iOS http://bit.ly/lms_ios
Android https://web.letmespeak.org
BEWARE OF SCAMMERS! 🚫🚫🚫🚫

The LMS Team will never contact you with such offers.
Attention! Beware of a new kind of scam.

Under no circumstances should you open this type of NFTs. It’s a phishing NFT that will steal everything from your wallets.

Best regards,
LMS team
1 million followers on Twitter
15,000 NFT owners

Jump at the chance to get an Epic NFT (~600 USDC).

Tag your friends so they can also win a Rare NFT (~250 USDC) and join the LMS Metaverse.

Find out more here - https://twitter.com/Letmespeak_org/status/1524045082625724416
Hurry, today is the last day to win 1 of 10 Epic NFTs. You don't want to miss out on this giveaway.

Share your stories and tag your friends in the comments to our post on Twitter by the end of the day, UTC.

Follow the link to learn more https://twitter.com/Letmespeak_org/status/1524045082625724416
Check out our updated roadmap at https://www.letmespeak.org

1. The long-awaited Whitepaper and Visa Extension will be out by the end of May.

2. The launch of the Android app has been moved to June. We need to make sure that the quality will meet your expectations. You can learn English and earn rewards on Android devices using the web version.

3. Scholarships are expected to be launched in June. You can read more about this feature in our article https://bit.ly/LMS_Economy.

4. We are also going to release NFT Upgrades in June. We'll tell you more about it later. Stay tuned for more news on the LMS official channels. Briefly, you will be able to upgrade your NFT's parameters, such as Currency Reward.
Hi there! We are now working on the scholarship system that will enhance your user experience and allow more people to join the LMS Metaverse.

This requires us to introduce a slight change to the system. Your educational progress will soon be connected to your email address (instead of your NFTs). If you use multiple NFTs or share your account with another person (which is strongly discouraged), your progress will be merged.

If you want to have separate progress for each of your NFTs, please make sure you’ve created new accounts and new wallets for them.
Keeping LetMeSpeak Ecosystem Clean from Fraud.

We want LMS ecosystem to be a safe place for all people to learn and earn.

Over the last week we identified 1295 NFTs that used bots to earn without learning. Such fraudulent behavior can have a negative effect on the ecosystem. Bot owners push LSTAR's exchange rate down, worsen project's economy for other users.

We have banned these users from the LMS economy: their NFTs won’t be able to earn any more and won’t be sellable on LMS Marketplace.

We will continue to monitor and take measures to protect the ecosystem from fraud. Over time, we look forward to LMS DAO looking after this.