Lepasa: A Metaverse That Powers Fantasy Collectables (NFTs)

By thefreethinkeer | StartUpInsider | 23 Nov 2021

The near general acceptance of social networking across the mainstream of the global ecosystem has triggered a huge leap in the advancement of social media platforms such as Twitter, Facebook, TikTok, Instagram and Reddit among several others, allowing millions of people, companies and organizations to come together and socialize with one another. Majority of these social media giants are highly centralized, making them not people centered but their own business centered.

Blockchain and cryptocurrency technology is still in a very early stage of development, but based on the level of development and successes that the technology have recorded over the years, one will be confident that a blockchain and cryptocurrency powered social media will bring a huge difference in relation to the currently centralized social media giants. Lepasa is introducing a virtual reality world that allow users (content creators) to own and control full ownership of their contents and contributions.

Introducing Lepasa

Lepasa is a mythical reality that was initially conceptualized by a group of artists, the reality was later actualized by blockchain engineers and enthusiasts. Lepasa's virtual reality ecosystem will power social experience, whose economy is driven by layers of lands containing different content distribution and ownerships of different creatures. Lepasa allow developers and content creators to create, publish and monetize their apps and content on it meteverse world.

Lepasa will also power social experience by implementing a community layer, allowing for peers positioning, voice chats, text messaging, posturing and many more. Every land block in Lepasa all have a fixed value of adjacency but each land will be identified by a unique address.

Users can seamlessly travel through neighborhoods and interact with the various applications they can find around, and developers can attract users to their applications by buying lands in areas of high interests, allowing for the development of secondary markets around lands ownerships and rentals.

Lepasa Ecosystem Economy

Economic activities within Lepasa virtual reality will be fueled by game and application developers, as the ecosystem will allow them to fully capitalize all economic interactions between their games/applications and their various users. In this regards, Lepasa will power the decentralized trading of crytocurrency tokens, digital services and digital goods.

Relying on the benefits of decentralized finance that is powered by blockchain and cryptocurrency technology, the economy of Lepasa metaverse will be flourishing, fast and cost very far less cost effective.

Lepasa Meterverse Use Cases

Lepasa's virtual world will have an extensive usability that will cut across several areas which includes but not limited to;

Games & Applications: Developers can seamlessly build and deploy their dynamic three dimensional games and applications, offering a wide range of experience and capabilities to their various users.
Advertisements: With the meterverse being divided into several layers of lands belonging to different owners, brands and labels will be able to use billboards in high interest lands to promote their goods and services.
NFTs: Users will be able to produce, publish and collect different rare digital collectibles issued by Lepasa and other creators. These rare digital collectibles can be traded and monetize right insight Lepasa ecosystem.

Socialization: Lepasa ecosystem will emppower of like or similar minds to create a space in form of groups and forum for themselves, allowing them to enjoy the benefits of decentralization.

Lepasa Token (LEPA) & Its Tokenomics

LEPA is the native ecosystem asset of Lepasa, a hyper deflationary token that is interoperable in multiple public blockchain with a total supply of 100,000,000 LEPA. Being a utility token that will fuel every economy within Lepasa project ecosystem will have an initial circulating supply of 10,000,000 LEPA. The tokenomics is included below.

Meet The Founders

Project Development Timeline

In Conclusion

Lepasa solution to DeFi and NFTs is one that will do great in fostering the global adoption of blockchain and cryptocurrency to the mainstream, especially with the recent buzz in NFTs and meterverse. Lepasa will ensure a complete decentralization of the development and governance of it ecosystem, by onboarding many users on the revolutionary blockchain and cryptocurrency bandwagon and allowng them have full control. Do follow the official resources i provided below for much more insight into the idea, thanks.