Lost Dogs Launches Innovative NFT Collection with Locked Tokens

Lost Dogs' Innovative NFT Collection with Locked Tokens

Introducing a groundbreaking feature within the NFT space, Lost Dogs is at the forefront of Web3 innovation by launching a new NFT collection with a unique twist — locked tokens. This feature allows tokens to be securely attached to an NFT and locked, activating a randomized vesting schedule. Holders will be able to claim their tokens as soon as their individual unlocking periods conclude. This approach not only fortifies the token’s distribution model but also cultivates a more sustainable tokenomics environment.

Details About the New NFT Collection

The dedicated team behind Lost Dogs has taken a significant step by releasing an exciting new collection consisting of 18,000 NFTs. Each of these NFTs comes with a price tag of 35,000 $WOOF, and upon unlocking after the allocated vesting period, holders will find a reward of 50,000 $WOOF waiting for them. This innovative approach transcends traditional staking and airdrop models, enhancing liquidity and stability while encouraging community involvement over the long term.

How NFTs with Locked Tokens Work

The mechanics behind the $WOOF NFTs with locked tokens are both simple and enticing:

• Each NFT comes preloaded with a predetermined quantity of $WOOF tokens.
• Users can purchase the NFTs at a discounted price.
• The unlocking periods for NFTs vary randomly, ranging from two weeks up to one full year, allowing gradual liquidity distribution.
• Holders have the option to retain these NFTs for the long run.
• Once the NFTs are unlocked, the holders can seamlessly claim their tokens through the 'Claim $WOOF' interface on Getgems, with instant transfers to their wallets.
• To maintain transparency and prevent fraud, once claimed, the empty NFTs will be burned.

Revolutionizing Token Distribution

This approach is pioneering in nature; while $WOOF is the inaugural token featuring NFTs with locked tokens, the potential for broader application is vast. The feature can be adopted by various other projects utilizing Getgems, the leading marketplace on the TON blockchain. This opens the door to versatile token distribution solutions, alternative staking methods, and upgraded NFT functionality.

Industry Insights

As Ivan Gusev, Head of Fun at Getgems, articulated, "NFTs have long represented ownership and digital identity, yet recent advancements have made them increasingly multifaceted. The introduction of NFTs with Locked Tokens combines the realms of DeFi and NFTs in ways we haven't seen before." This sentiment echoes the core vision behind Lost Dogs' initiative.

The Vision Behind Lost Dogs

Mad Tail, a representative from Lost Dogs, shared their insight about the NFT landscape: "Considering NFTs purely as collectibles falls short. The technology is equipped to offer enhanced functionality and entertainment for users. We are committed to driving the industry forward and broadening its horizons." This reflects their commitment to innovation and user engagement.

Launchpad Details and Commitment to Community

For this debut, the launch is restricted to a maximum of 10 NFTs per wallet, promoting wider distribution and avoiding centralization. Five percent of the total $WOOF supply is earmarked for this initiative, allowing each holder to enjoy a significant discount during the purchase process. Each NFT, priced at 35,000 $WOOF, will bestow 50,000 $WOOF upon being unlocked.

The locked tokens program will be exclusively available on Getgems. The Lost Dogs collection is more than just an NFT offering; it represents a vibrant ecosystem that is ever-expanding. Their approach blends storytelling with gaming, providing numerous pathways for engagement within the community.

Building a Richer Gaming Universe

Lost Dogs has woven together various elements of gaming and storytelling since its inception. What started as a simple NFT collection in 2022 has burgeoned into a flourishing universe with the Telegram mini-game, Lost Dogs: The Way, which attracted over 15 million players in a mere six weeks.

Additionally, their animated series, Lost Dogs: Magic Quest, complements the project, creating various engagement avenues for users. Following the successful launch of the $WOOF token, which brought new utilities into play, Lost Dogs continues to broaden their horizons. They are diligently working to enhance the storytelling aspect while incorporating additional utilities to both the $WOOF token and the original NFT collection.

Contact Information

For further inquiries about Lost Dogs and its initiatives, please reach out to:

Lost Dogs
Anna Lebedeva
Contact: team@lostdogs.xyz

Frequently Asked Questions

What are NFTs with locked tokens?

NFTs with locked tokens combine digital ownership with secure token features, allowing holders to unlock tokens after specific periods.

How many NFTs can one wallet hold?

Each wallet can hold a maximum of 10 NFTs during the launch period.

What is the price of the NFTs?

Each NFT is priced at 35,000 $WOOF, offering an eventual reward of 50,000 $WOOF upon unlocking.

What is the $WOOF token used for?

The $WOOF token is utilized within the Lost Dogs ecosystem, providing various utilities and enhanced interaction opportunities.

When will the NFTs be available for purchase?

The program was launched on Getgems, and users can look forward to participating in the unique NFT offering right away.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

My books and writings are centered on simplifying difficult financial ideas into doable, understandable guidance. Whether it's retirement planning, investing, or budgeting, I want to arm readers with the information they need to make wise financial choices and realize their financial objectives.

Apart from writing, I also frequently post to financial blogs and organize webinars and workshops targeted at enlightening participants about personal finance. Always, my strategy is to offer concise, doable advice that can truly improve people's lives.

Away from work, I like to read, travel, and sample new foods. My goal is to infuse everything I do with the balance that I think is essential to both financial and personal well-being. By my profession, I want to encourage and enable people to confidently and clearly take charge of their financial futures.

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