LOST World is a first-of-its-kind NFT ecosystem platform. The platform allows artists and companies to leverage geo-location as a channel, combining the actual and Web3 worlds. In addition, it adds a new element of rarity and usefulness to how we assess and value people’s NFT experiences.
Aim of LOST World
The platform is on a quest to become the best location-based NFT network with the most active community. One of their main goals is to become a building element of the NFT environment, allowing artists to uniquely engage with other Web3 elements. Thus, to become a reality, LOST World is designing to reuse and share its development process with the public.
What is the LOST World Creators Program?
LOST World is launching a World Creators Program to help motivate the platform to grow. This program allows users to find and create NFTs that directly link to real-world locales. The principle that this program uses is quite simple. The artist gets a reward if the community likes the themed and location-based work. The reward is in the form of both LOST and their own revenue-generating NFT drop.
Working of the Program
The Lost Worlds team will be gathering community-inspired thematic specifications. They might use these as standalone gNFTs or as part of an NFT initiative. These themes will be modified and given to the Discord community for a three-day vote. The selected theme will then be presented to all artists, who have ten days to submit their best work in response to the brief. Following submissions closing, the team will tabulate the final community vote, thereby declaring a winner.
Winning the contest will grant artists access to their own location-based NFT mint in Lost Worlds. In addition, the user will also receive a 25% share of the mint’s earnings and a prize of 5000 LOST. Besides this, the team will choose the Runner ups who will be getting a reward of 500 LOST and Royalties on trade wherever applicable.
Voting System of the Program
The Lost Worlds audience is encouraged to participate in entries and polling, with ultimate votes cast through Discord.
- Additional votes will be given to the Holders of Lost Worlds NFTs, especially ContinentsNFT.
- There will be regular announcements and bookmarking of the voting rounds on the Discord news channel.
- After the totaling and the tallying of the points, the Program proceeds to the next round.
Location and Theme Polls: The community will address 3–5 location-based NFT topics via a presentation. Over the course of the three days, there will be a discord and Twitter poll for the Theme and Location Polls.
Submission by Artists: Artists submit their work using LOSTCREATOR or the #wcp-submissions channel on Discord. The submission is judged based on uniqueness, creativity, popularity, and location.
Final Polls: The final entry will subsequently be subjected to a two-day dissension vote.