Lost Worlds
  • Welcome To Lost Worlds
    • The Lost Worlds Platform
    • Get Started
    • LOST Tokenomics
    • Create a geoNFT (coming soon)
    • Future of Lost Worlds / Road Map
  • Tutorials & FAQ
    • FAQ
    • White Label Solutions & Partnerships
    • Important Links
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  • How the LOST Token Works
  • The LOST Black Hole ⚫️
  • Earning LOST & Emissions
  • LOST Token Distribution (at launch)
  1. Welcome To Lost Worlds

LOST Tokenomics

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Last updated 2 years ago

LOST TOKEN Avalanche Contract Address : 0x449674B82F05d498E126Dd6615a1057A9c088f2C Do not interact with any other contract address claiming to be the LOST Token

How the LOST Token Works

The LOST Black Hole ⚫️

The LOST token is designed to be deflationary, meaning that its supply decreases over time. Whenever a geoNFT is created or minted on the platform using LOST, a percentage of the LOST is sent to a "black hole" wallet, which is essentially a wallet that cannot be accessed or used either indefinitely or for a defined period of time. This LOST is effectively removed from the circulating supply of tokens, which creates a constant reduction in the total supply of LOST over time.

In addition to this, whenever a geoNFT is created or minted on the platform using an alternative payment method (such as another cryptocurrency or cash), the platform takes a fee, which is used to purchase LOST off the market and send it to the black hole. This not only reduces supply, but creates buy pressure on the market.

Lost Worlds also increases the amount of LOST tokens that are burned by releasing new tokens from the treasury (at minimum matching the dollar amount of mints happening on the platform in LOST) and sending them to the black hole wallet. This process results in further reduction of both the circulating and total supply of LOST.

Earning LOST & Emissions

Users of the Lost Worlds platform can earn LOST tokens by participating in special geoNFT drops and completing quests, as well as through staking LOST tokens. Whenever LOST tokens are emitted through these means, a corresponding amount of LOST is sent to the black hole wallet, which helps to reduce the total supply of LOST in circulation.

LOST Token Distribution (at launch)

-
Distribution
Lost Token
Vest

Private Round

9.5%

3,750,000

10% TGE,120-day cliff, daily vesting for 18 months

Public Round

4%

2,000,000

25% TGE, 1 month cliff, weekly vesting for 3 months

Future Rounds

6%

4,000,000

-

LOST Ecosystem Fund (treasury)

14%

7,000,000

-

Staking/Governance Rewards

15%

7,500,000

-

Platform Rewards

20%

10,000,000

-

Team

17%

8,500,000

1y lockup, linear vesting for two years

Liquidity

5%

2,500,000

100% at TGE

Advisors

2.5%

1,250,000

1 year cliff, monthly vesting for 2 years

Professional Services

.5%

250,000

-

Airdrops

1%

500,000

-

Development Bounty Fund

3%

1,500,000

Bounty Based

Marketing/KOL

2.5%

1,250,000

12% TGE,120-day cliff, daily vesting for 18 month

Please note the information above is subject to change. Invest at your own risk .

The information provided pertains to the LOST token, the native token of the . Certain information in this document and oral statements made in any corresponding from the company are not forward-looking statements and not anticipate any financial position. Although the Company believes that the expectations reflected are reasonable, there can be no assurance that such expectations will prove to be correct. There is no guarantee for future results, level of activity, performance, or the distribution plan described here. No representation is made that the actual results achieved will be the same, in whole or in part, as those set out in any forward-looking statements or financial projections. Additional information as to other parts of the Company's business outside is available upon request. LOST tokens are not shares or securities of any type. They do not entitle to any ownership or other interest in any company representing, or doing work with the Lost Worlds platform.

lostworlds.io
https://snowtrace.io/token/0x449674b82f05d498e126dd6615a1057a9c088f2c