💻Demo & Use Cases
Lore is for groups of 5 to 100 that typically originate out of casual group chats, alpha groups, social clubs, NFT communities and memecoin communities.
Here is an Overview of Use Cases and a Product Demo
Groups on Lore start out accomplishing one simple group investing goal — and then grow into a continuous group.
First-Time Use Cases:
Buying Expensive NFTs with Friends
Want to own a piece of a valuable NFT but the price tag is too high?
Problem: ❌ Many "blue chip" NFTs, are out of reach for individuals.
Solution: ✅ Lore's Group Deposits feature allows your group chat to pool funds while Lore tracks everyone's ownership stake. Team up with friends to pool your resources and buy NFTs together!
Example: Right Clique Save pooled 69 ETH with 13 friends to purchase a CryptoPunk!
Earn Bigger Airdrops with Your Crew
Want to maximize rewards from your favorite SocialFi games and memecoins?
Problem: ❌ Many SocialFi projects, like Memeland, and memecoins, like Bonsai, offer higher rewards for users with larger holdings.
Solution: ✅ Pool ETH, NFTs and ERC20s for equity. Connect your Lore wallets across dapps on Solana, EVM and Bitcoin to farm. Lore's External Wallets and Equity Events features allow you to team up with friends and pool your resources together!
Example: MVPrysm staked 1200 ETH of SuperCrewz (110 ETH each) to earn 5x more $MEME airdrop for 30 members.
Invest for your friend
Want to get your friends invested in crypto without overwhelming them?
Problem: ❌ Your friends are messaging you to get them invested in all the memecoins you're shilling in the group chat. Without Lore, you'd be accepting personal payments and managing a spreadsheet.
Solution: ✅ Using Lore's user-friendly interface you can easily share a link for them to deposit funds into. Today you can deposit from a CEX, soon you'll be able to deposit via fiat onramps using Apple Pay. Example: Members of SheFi used Lore's Group Deposit to pool together ETH and explore memecoins on Base such as Degen.
Share Private Sale Allocation
Private sale allocations can be limited, but sometimes you get enough to share.
Problem: ❌ Without Lore, sharing allocations with friends can be a complex process involving manual tracking and distribution.
Solution: ✅ Pool ETH, USDC, USDT. Fund the deal. Lore's External Wallets and Distribution features allow you to effortlessly share your private sale allocation with your friends. DM to be connected to our legal partners and spin up that LLC!
Example: MVP69DAO shared 15 ETH of allocation to the Memecoin ($MEME) private sale with 25 friends. They’ve distributed every claim so far to all members.
Continuous Use Cases:
Run Your Investment Club Like a Pro
Want to build an investment club to invest together and learn together?
Problem: ❌ Managing an investment club can be time-consuming. Tracking member contributions, sharing performance updates, and keeping everyone engaged can be a challenge.
Solution: ✅ Lore's Equity Events and Group & Member PnL features take the administrative burden off your shoulders. You can even spin up an LLC to access venture deals.
Example: The 824 Club started small, with just 3 members and 2 ETH. Using Lore's features, they streamlined their management process and grew to 35 members with over 100 ETH in assets deposited across 25 group deposits!
Run a Memecoin Fund with Friends
Want to help your friends tap into the memecoin craze but managing a fund seems overwhelming?
Problem: ❌ You see potential in memecoins, and your friends trust your investment skills. However, manually managing a memecoin fund for multiple people can be a hassle. Tracking contributions, executing trades across different blockchains, and distributing profits all take significant time and effort.
Solution: ✅ Lore's Group Deposits and External Wallets empower you to streamline your memecoin fund and capitalize on opportunities across various blockchains! Create External Wallets on all L1s and L2s for quick action by any GPs, track and distribute earnings to LPs.
Example: The Myosin Fund, with 4 GPs, used Lore to raise 20 ETH from 80 LPs interested in memecoin investments. By leveraging Lore's Group Deposits and External Wallets, the GPs can manage investments across Solana and Base Protocol efficiently. Each GP has their own External Wallet for fast execution on emerging memecoin opportunities.
Manage Your NFT Collective Efficiently
Want to run a successful NFT collective with your fellow enthusiasts, but worried about messy spreadsheets and potential conflicts?
Problem: ❌ NFT collectives often involve multiple members contributing funds to acquire NFTs. Tracking individual contributions, ownership percentages, and voting rights in spreadsheets can quickly become cumbersome and error-prone. This lack of transparency can lead to confusion, disputes, and ultimately, a breakdown in trust among members.
Solution: ✅ Lore's secure and transparent equity tracking features help you manage your NFT collective effortlessly.
Example: MVP69DAO uses Lore’s Admin Management and Equity Events to streamline all the Group and Member PnL.
Empower Your Guild with Secure Treasury Management
Want to streamline the management of your growing guild's treasury but feel bogged down by manual processes?
Problem: ❌ As your Play-to-Earn guild grows, managing its treasury becomes increasingly complex. Traditional spreadsheets and single points of control can't handle the influx of in-game assets and pooled funds. This hinders your ability to scale effectively and unlock the full potential of your guild.
Solution: ✅ Lore's secure system simplifies guild treasury management by combining two key features: Effortless NFT Deposits and WalletConnect Integration: Guild members can easily deposit valuable in-game assets (NFTs) into your Shared Wallet and receive equity for their contributions. Leverage WalletConnect to seamlessly connect your guild's treasury wallet to various platforms and tools your guild uses.
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