Question 1

How does LLT accrue from training activity, and how do off-chain rewards become on-chain tokens?

Accepted Answer

LLT primarily accrues as an off-chain reward, with the amount related to the energy consumed by NFT holders in the LILLIUS Service. Accrued rewards are not themselves an on-chain transfer; users can claim them within the Service as on-chain tokens.

Question 2

How is training energy determined when a user equips a LILLI NFT?

Accepted Answer

When users equip a LILLI NFT in the Service and train, they can receive free training energy. The amount depends on the number, level, and grade of the LILLI NFTs they hold, and is determined by the Company under its relevant policies.

Question 3

How does Sports Figure NFT ownership affect training energy and Service benefits?

Accepted Answer

A Sports Figure NFT is a collectible NFT issued by the Company, depicting a sports star as a physical action figure and carrying additional real-world utility benefits. The number held affects the free training energy and differentiated rewards provided according to ownership. These benefits are not fixed: the amount of energy may change under Company policy.

Question 4

What conditions must be met to earn points from a challenge or training session, and how is the number of points determined?

Accepted Answer

Users must consume energy to complete a challenge or training session and achieve a score of at least 70 to earn points. The terms relate the number of points to the training energy consumed at a 1:20 ratio. Their example says that completing a challenge or training session requiring 5 energy and scoring at least 70 earns 5 points. The Company may change the point accumulation rate and criteria under its internal policies, and will notify members of revised rules through announcements.

Question 5

What Mall credit can points be exchanged for, and what are the conversion rate and minimum exchange amount?

Accepted Answer

Points can be exchanged through the Service’s REWARD menu for credit usable in LILLIUS Mall; they are not exchanged for LLT tokens. The minimum exchange amount is 3,000 points, at a rate of 1 Korean won of Mall credit per point. Once credited, the amount is added to the member’s LILLIUS Mall account.

Question 6

What email requirement applies to the two accounts when requesting a points-to-credit exchange?

Accepted Answer

The email used to register for the Service must match the email registered to the LILLIUS Mall account for the exchange and crediting to proceed. If the email entered on the Service’s points exchange request page does not match, the points will not be exchanged for Mall credit.

Question 7

When is credit from a points exchange usually deposited, and what may delay it?

Accepted Answer

Credit from a points exchange is usually deposited into the member’s LILLIUS Mall account on the next business day. Processing may be delayed if there are many exchange requests or because of other circumstances on the Company’s side.

Question 8

Can points be transferred, inherited, lent, or used as collateral?

Accepted Answer

Points cannot be transferred, inherited, lent, or used as collateral, except in cases recognized by the Company.

Question 9

Can LILLIUS change the point accumulation rate and criteria, and how are changes communicated?

Accepted Answer

LILLIUS may adjust the point accumulation rate and criteria under the Company’s internal policies. When the rules change, the Company will notify members of the revised rate and criteria through announcements.

Question 10

When did the LILLIUS roadmap schedule the LLT private round and exchange listings?

Accepted Answer

The LILLIUS roadmap listed the LLT token private round for the third quarter of 2023, a global exchange listing (TGE) for the first quarter of 2024, and CEX and DEX listings for the second quarter of 2024. These are roadmap schedules and do not establish that the events took place or that the listings were completed.

Question 11

Does the whitepaper’s statement that something is “not yet issued” and “only a temporary plan” apply to LLT?

Accepted Answer

No. The whitepaper statement that an asset was “not yet issued” and was “only a temporary plan” refers to KRWD, not LLT. It therefore cannot be used to infer LLT’s issuance status.

Question 12

Which integrations with sports devices or content services are listed in the LILLIUS roadmap?

Accepted Answer

The LILLIUS roadmap lists two related integrations: integrating LILLIUS into the Samsung Health app and connecting it with Galaxy Watch; and providing LILLIUS sports content on Samsung Smart TV, including squat challenges, fencing, and taekwondo. These are roadmap items and do not establish that they have been implemented or are currently available.

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