Lost Worlds (LOST)

IDO

Last updated: Mar 23, 2022

Lost Worlds a 1st of its kind NFT platform experience where NFTs are geographically bound to real world locations for collectors to discover and mint.

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Overview

Project industry	Travel & Tourism
Product type	Platform
Whitepaper	Open

What is Lost Worlds

The platform gives creators and brands 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 we evaluate and value people's experience with NFTs. In short, Lost Worlds brings NFTs into the real world.

This utility also creates "work" 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.

What separates Lost Worlds from other NFT platforms is its focus on Location Based NFTs. One of our major ambitions is for Lost Worlds to become a lego block of the NFT landscape, providing a differentiated layer of service and utility for users to interact with other Web3 primitives. To that end, we're building for composability and are open in our process with the community.

Details

IDO (Avalaunch Launchpad): Mar 28, 2022 - Mar 29, 2022
Token supply: 50,000,000 LOST
Hard cap: 3,262,500 USD
Raised: 2,012,500 USD

Legal

Registration year: 2021

Token info

Ticker: LOST
Token distribution:
Platform Rewards Incentives - 20%
Team - 17%
Staking Rewards - 15%
Ecosystem Fund - 14%
Private Round Funding - 11.5%
Liquidity - 5%
Public Sale - 4%
Future Partnerships - 4%
Developer Bounty/Audits - 3%
Advisory - 2.5%
Marketing - 1.83%
Airdrops - 1%
Marketing Partners - 0.67%
Professional Services - 0.5%