3 - 5 minute read
Lost Worlds has announced an innovative location-based NFT experience named ‘Lost.NYC’ during NFT.NYC. The event will take place from April 11-14, 2023, in New York, United States. Lost Worlds is the first location-based NFT platform that allows the minting of GeoNFTs from physical locations. Physical locations geofenced to NFTs unlock new ways for interacting with digital assets. To showcase this new utility, Lost Worlds has partnered with some of the most prominent names in the space for NFT.NYC.
At Lost.NYC, users will experience an immersive NFT experience. The event is designed to allow NFTs to transcend their digital boundaries into the real world. Additionally, participants who succeed in collecting GeoNFTs from locations scattered throughout New York City will be rewarded with non-tradable NFT badges, which unlock VIP access to side events and exclusive NFT drops. Lost Worlds has successfully engaged 23 of the world’s most renowned artists to launch their debut GeoNFT collections.
Lost Worlds utilizes GeoNFTs to offer memorable in-real-life to URL experiences. Steppen, the Web 3.0 lifestyle app, is partnering with Lost Worlds’s GeoNFTs to drop their scavenger hunt-like GeoNFTs at running locations, including Central Park, for NFT.NYC. Similarly, DeLabs, the creators of DeGods and Y00Ts, are leveraging the Lost Worlds platform as part of their DeNYC multi-day experience that includes a landmark tour and treasure hunt with over $100,000 in claimable prices. Lost Worlds offers geofencing technology to mint these GeoNFTs’ in-game assets, which allows valuable NFTs to be acquired in the real world.
Lost Worlds’ location-based NFT technology provides a new dimension to the digital asset industry as it allows digital assets to transcend into the physical world. Lost.NYC’s location-based NFT experience showcases the potential that these assets offer, which can foster innovation in the NFT industry. The Lost Worlds concept can potentially change how we view digital art and assets, blurring the lines of the digital and physical worlds. It allows collectors to prove ownership of digital assets in the real world, extending their investment value to new levels.
According to Quaison Carter, Universe@lostworlds.io, Lost Worlds is not just providing a new way to experience NFTs but also working towards creating a world where NFTs can enhance the physical world. Lost Worlds is expanding its horizons to people who do not primarily participate in the blockchain industry. The Lost Worlds location-based NFT platform can potentially change the way we interact with digital assets, and the success of Lost.NYC proves that there is a market for such innovations.
In conclusion, Lost Worlds has announced a revolutionary location-based NFT experience, ‘Lost.NYC,’ that aims to break the boundaries of digital-only interaction with NFTs. Lost Worlds is partnering with some of the biggest names in the industry to promote and showcase the potential of their technology. The event will not only introduce NFTs as physical assets in the real world but aims to enhance the experience of owning them. It is a step towards merging the digital and physical worlds and poses new investment opportunities for traders.
The Bottom Line
The partnership with industry giants, 23 renowned artists, and the potential of location-based NFTs indicates Lost Worlds’ dedication to innovation in the NFT industry. This innovation can serve as the basis for the next wave of NFT utility, thus offering new investment opportunities for traders. As Lost Worlds expands its platform to people who do not primarily participate in the blockchain industry, we can expect the NFT industry to grow at a faster rate. However, potential investors should exercise caution and do their due diligence before making any high-risk investments in any ICOS, blockchain startups, or cryptocurrencies.