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Home » Lost Worlds Ico Review: It Is Legit Or Scam Ico?

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Lost Worlds Ico Review: It Is Legit Or Scam Ico?

Cws Team
Last updated: 24/12/2024 11:09 PM
By Cws Team
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6 Min Read
Lost Worlds Ico Review: It Is Legit Or Scam Ico?
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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 we evaluate and value people’s experience with NFTs. In short, Lost Worlds brings NFTs into the real world.

Contents
  • About Lost Worlds Ico
  • Token Basic Information
    • How does it work?
      • NFT drops at
      • Own your piece of the location
      • Curate your portfolio of NFTs
      • Yield generating NFTs
    • Types of Projects
    • Mission
    • What We Envision
    • Platform Mechanics
      • Lost Worlds Taxonomy

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.

Token Basic Information

Token NameLost Worlds Ico
Token SymbolLOST
Ico Price$0.550000
Token For Sale2,000,000 LOST
Fundraising Goal$1,100,000
AccessPublic
LanguageEnglish
WhitepaperClick Here For View Whitepaper
WebsiteClick Here For Visit ICO Homepage

How does it work?

NFT drops at

Real world locationsUp 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

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 they 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

They are here to inspire collectors, artists and brands to remember that we 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.

Platform Mechanics

Lost Worlds Taxonomy

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, Locations & NFTs. Lets take a look at each one:

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.

⚠

Editorial Standards & Risk Disclosure

✅ Reviewed by the CoinWorldStory Editorial Team

This article is published for informational and educational purposes only and is not financial, investment, legal, or tax advice. Cryptocurrency, forex, and related markets are highly volatile — never invest more than you can afford to lose, and always do your own research before acting on anything you read here. Some links on this page may be affiliate or sponsored placements; where that's the case, it's disclosed, and it never changes the accuracy of our reporting. All content is researched and reviewed under our Editorial Policy.

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ByCws Team
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One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.Verna Is team Members of 9 People
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