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Home - Lost Worlds Ico Review: It Is Legit Or Scam? Read Our Full Review

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Lost Worlds Ico Review: It Is Legit Or Scam? Read Our Full Review

Magnesia
Last updated: 27/03/2022 7:35 pm
Magnesia
Published: 27/03/2022
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Lost Worlds Ico Review: It Is Legit Or Scam? Read Our Full Review
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About Lost Worlds Ico

Lost Worlds Ico is a 1st of its kind NFT platform experience where NFTs are geographically bound to real world locations for collectors to discover and mint. The platform gives creators, brands and players the ability to use geo-location as a medium, merging the physical and Web3 world providing a new layer of scarcity and utility in how evaluate and value people’s experience with NFTs. In short, Lost Worlds brings NFTs into the real world.

Contents
  • About Lost Worlds Ico
    • How does it work?
      • NFT drops at real world locations
      • Own your piece of the location
      • Curate your portfolio of NFTs
      • Yield generating NFTs
    • Types of Projects
    • Mission
    • What We Envision
    • Tokenomics
  • Quick Info
    • Platform Mechanics

This utility also creates “work” and “value” within the ecosystem, where one must either travel, or be within a specified region to mint a desired NFT. This constraint opens up opportunities to layer on DeFi incentives and components to reward the energy of creating, minting and the buying/selling of location based NFTs. This means creators can submit any form of NFT, from a 1 of 1, event based music drop, location-based scavenger hunts, games, or ideas yet to be scene in the space.

ICODETAILS
Company NameLost Worlds Ico
Token SymbolLOST
Ico price$0.550000
Total Supply50,000,000
Raising3.0 M
Token For Sale2,000,000 LOST
AccessPublic
Social SupportYes
WebsiteHomepage

How does it work?

NFT drops at real world locations

Up until now, NFTs were bound to your desktop. Lost Worlds only lets you mint NFTs by physically traveling to a drop location.

Own your piece of the location

Lost Worlds Ico Interact with digital art in never before seen ways. Travel to real world locations to unlock access to curated projects from incredible creators across the globe and earn yield for your efforts.

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Curate your portfolio of NFTs

Collect & Trade NFTs from projects around the world. If an NFT is out of reach, you can try to buy it in the secondary marketplace.

Yield generating NFTs

Lost Worlds combines the best aspects of DeFi with NFTs. You can earn crypto just by holding and trading, or take on the role of an explorer, and be financially rewarded for your discoveries.

Types of Projects

The implications of the Lost Layer are truly limitless. While we chose to focus on digital art for the official launch, the platform & technology are built to support our long term creative goals such as:

Music & Video Albums, Movies, GIFs, Animations, Short Films

Art & Fashion Digital Art, Collages, Photography, Clothing

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Games & Avatars Unlockables, Adventures, Puzzles, Competitions

Events & Charity Concerts, Events, Tickets, Parties, Fundraisers

Mission

Lost Worlds Ico are here to inspire collectors, artists and brands to remember that they still live in the real world. The full Metaverse is still a ways away, and by creating a new dimension on top of existing reality we’ve provide a fulfilling way to experience local community, art, events, and games in a way that bridges us to the next frontiers.

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What We Envision

  • They want NFTs to be a part of the human experience, with value and utility that interacts with your day-to-day life and withstands the test of time through blockchain technology.
  • They want to be an onboarding platform that acts as a bridge for new users, creators, and brands looking to engage with the Web3 space.
  • They want to help advance location based technology in crypto by adopting and improving on the tech that is emerging in the web2 and web3 space.
  • They see ourselves as a part of the greater NFT and DeFi ecosystem striving towards interoperability between protocols, projects, and primitives in the space.
  • They envision a sustainable NFT ecosystem, where we take care of our planet and build community, inspiring people to collaborate and foster digital and real world connections.

Tokenomics

The LOST Token is a governance, access and rewards representation of the Lost Worlds ecosystem. It has 50 M hard-cap supply compatible with the Avalanche network. 50% of the total supply is emitted as staking and platform rewards, or in the Treasury. The token public IDO will be facilitated by Avalaunch.

Quick Info

Raising 3.0 M Total supply 50,000,000 Private Price.35

Platform Mechanics

Lost Worlds brings NFTs to the real world by creating a new dimension in the Web3 universe called the Lost Layer, where you have to be in range of a specified location to mint an NFT. At the highest level the platform is broken into a hierarchy of three things:

Projects can contain multiple locations and NFTs. This can be anything from an Artist Series, Events, In-Store Promotions, to NFT Games.

Locations are areas on the map where you can find specific NFT drops. Within each Project, there can exist multiple locations, and within each location there can exist multiple NFTs. Both Projects and Locations can be easily viewed from the Discover page.

NFTs are the unique creations that live within a Location of a Project. You can tell if you are in In-Range / Out-of-Range of an NFT using the map, or by viewing the lists view on the discover page. Remember you have to be In-Range to actually mint an NFT.

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