Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure
Lost Worlds news
About Lost Worlds
Lost Worlds 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 we evaluate and value people’s experience with NFTs. In short, Lost Worlds brings NFTs into the real world.
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.
What is Lost Worlds?
Lost Worlds is an innovative cryptocurrency project that intertwines the realms of NFTs (Non-Fungible Tokens) and location-based gaming. It stands out by offering a unique platform where NFTs are tied to specific geographical locations, allowing users to discover and mint these digital assets by physically being in the designated areas. This concept not only adds a layer of scarcity but also enhances the utility and value of NFTs by linking them to real-world experiences.
The platform is designed to cater to a wide range of participants including creators, brands, and players, leveraging geo-location technology to bridge the gap between the physical world and Web3. This integration enables a novel way of interacting with NFTs, where the act of traveling or being present in certain locations can unlock access to minting exclusive digital assets. Such a mechanism introduces a new dimension to the valuation of NFTs, emphasizing the significance of personal experiences and the effort involved in acquiring them.
Furthermore, Lost Worlds incorporates DeFi (Decentralized Finance) incentives and mechanisms to reward users for their engagement with the platform. Whether it's through creating, minting, or trading location-based NFTs, participants can earn rewards, adding an element of gamification and financial incentive to the experience.
One of the notable features of Lost Worlds is its partnership with various projects and artists to offer geoNFTs at events, such as NFT.NYC, enhancing the event experience through exclusive digital collectibles. Additionally, the platform hosts its own game, Epiko Valley, which is set in a mystical land filled with secrets and sorcery, further expanding the utility and entertainment value of its NFTs.
In essence, Lost Worlds is pioneering a new way of interacting with NFTs by combining the thrill of location-based gaming with the world of digital collectibles, thereby offering a unique and engaging platform for users to explore and benefit from the merging of the physical and digital worlds.
How is Lost Worlds secured?
Lost Worlds incorporates multiple layers of security to ensure the safety and integrity of its platform and user assets. At its core, the platform adheres to industry-standard precautions, which include the utilization of secured servers to store sensitive information and the implementation of encryption technologies. These measures are fundamental in safeguarding user data against unauthorized access and ensuring that communications within the platform are securely encrypted.
In addition to these foundational security practices, Lost Worlds leverages a unique staking mechanism using its native token, LOST. This staking system is integral to the platform's security strategy, serving multiple purposes beyond just securing the platform. By staking LOST tokens, users gain access to the platform, which is essential for participating in the various activities and opportunities Lost Worlds offers. This includes the ability to discover and mint geographically bound NFTs, engage with different NFT projects, and earn rewards and potential passive income.
The staking system also plays a crucial role in the platform's economic and incentive structure. It encourages active participation and investment in the ecosystem, thereby enhancing the platform's overall security. By requiring users to stake tokens, Lost Worlds ensures that participants have a vested interest in the platform's success and security.
Furthermore, the innovative use of geo-location technology not only adds a layer of engagement and utility by connecting NFTs with real-world locations but also contributes to the platform's security. This connection between the digital and physical worlds creates a unique and dynamic environment that encourages community involvement and vigilance, further bolstering the platform's security posture.
In summary, Lost Worlds' security is multifaceted, combining traditional cybersecurity measures with innovative blockchain-based mechanisms like token staking and geo-location technology. This comprehensive approach ensures the platform remains secure and trustworthy for users to explore the intersection of NFTs and the real world.
How will Lost Worlds be used?
Lost Worlds leverages the power of blockchain technology to create a unique experience that blends the digital and physical realms through the use of NFTs. This platform stands out by making NFTs geographically bound to real-world locations, offering a novel way for collectors to discover and mint these digital assets. It's not just about collecting; it's about experiencing the world in a new way.
The platform is designed to serve various stakeholders in the NFT ecosystem, including creators, brands, and players, by using geo-location as a key feature. This approach adds a layer of scarcity and utility to NFTs, as their value and significance can be tied to specific locations and the experiences they offer. For instance, an NFT could represent a piece of art that's only available to mint in a particular city, or it could be tied to a location-based game or scavenger hunt, adding a physical dimension to the digital collecting experience.
Moreover, Lost Worlds introduces a concept where the act of traveling or being in a certain location can unlock the ability to mint specific NFTs. This not only encourages exploration and interaction with the physical world but also integrates DeFi incentives to reward the efforts of creating, minting, and trading these location-based NFTs. Such incentives could include rewards for those who actively participate in the ecosystem, whether by contributing content, engaging with the platform, or trading NFTs.
Creators have the opportunity to submit a wide range of NFTs to the platform, from unique, one-of-a-kind pieces to event-based music drops and beyond. This opens up endless possibilities for creative expression and engagement within the NFT space, all while fostering a connection between the digital and physical worlds.
In essence, Lost Worlds is pioneering a new way to interact with NFTs, making them not just digital assets but experiences tied to our real-world locations and movements. This innovative approach not only enriches the NFT market but also offers a fresh perspective on how we can merge our digital and physical lives through technology.
What key events have there been for Lost Worlds?
Lost Worlds has marked its presence in the blockchain and NFT space through a series of notable events and developments that underscore its innovative approach to merging the digital and physical realms. The platform's journey can be characterized by several key milestones that highlight its growth and the expanding utility it offers to users, creators, and collectors.
One of the foundational events for Lost Worlds was the introduction of portals to different locations. This feature allows users to explore various geographical areas virtually, enhancing the experience of discovering and minting NFTs that are tied to real-world locations. This geographical binding of NFTs is a distinctive aspect of Lost Worlds, offering a unique blend of exploration and collection.
Another significant event was the engagement with battles against monsters within the platform. This interactive element adds a layer of excitement and challenge, encouraging users to develop and improve their heroes. The gameplay aspect, which includes the collection and utilization of gems, further enriches the user experience, making the platform not just a marketplace but an immersive world of its own.
The establishment of base camps within Lost Worlds has also been a key development. These serve as hubs for users to gather, strategize, and collaborate, fostering a sense of community and shared purpose among participants. This feature underscores the platform's commitment to creating a vibrant and interactive ecosystem.
Recent updates and developments have also played a crucial role in shaping the trajectory of Lost Worlds. Despite fluctuations in value and trading volume, the platform continues to innovate, with new features and functionalities that leverage geo-location to create a novel form of scarcity and utility in the NFT space. The ability for creators to submit a wide range of NFTs, from unique artworks to event-based drops and location-based scavenger hunts, opens up new avenues for creativity and engagement.
In conclusion, Lost Worlds has navigated through a series of pivotal events and updates that have solidified its position as a pioneering platform in the intersection of NFTs, geo-location, and blockchain technology. These developments not only enhance the platform's offering but also contribute to the broader evolution of how we interact with digital assets and the physical world. As always, individuals interested in exploring blockchain and NFT projects should conduct thorough research to understand the risks and opportunities involved.
The live Lost Worlds price today is $0.002396 USD with a 24-hour trading volume of $71.53 USD. We update our LOST to USD price in real-time. Lost Worlds is up 6.95% in the last 24 hours. The current CoinMarketCap ranking is #7148, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.
If you would like to know where to buy Lost Worlds at the current rate, the top cryptocurrency exchanges for trading in Lost Worlds stock are currently MEXC, Trader Joe (Avalanche), and Pangolin. You can find others listed on our crypto exchanges page.