Lepasa is a legendary virtual life conceptualized by group of craftsmen and designed by blockchain lovers. The vision is to build up an environmen

November 10, 2021

Introduction Lepasa is a mythological virtual life conceptualized by the team artists and engineered by blockchain enthusiasts. His vision is to build an ecosystem that allows users to create, experience, and monetize their content and apps. Every creativity on Lepasa is an NFT token (ERC-721) and is always owned by its holder on the ethereum blockchain, giving them complete control wherever and whatever they want to use it. Creature is a rare digital asset that is non-exchangeable, transferable, stored in Ethereum smart contracts.

Lepasa is based on a decentralized model as the team behind the platform believes that no single authority should have complete control over the platform or the power to modify rules of the software, its contents, and the economics of the token.

Lepasa’s ecosystem

As mentioned earlier, Lepasa is a community-driven platform that is building an ecosystem for gamers, artists, and crypto enthusiasts. The Lepasa ecosystem consists of:

E-commerce: E-commerce is established around the world and with Lepasa, users can sell real items through their virtual store on the platform.
Tourism: Another industry with major potential is virtual tourism. Artists, students, and researchers can all use Lepasa to create, explore and learn.
Applications: Lepasa’s scripting language would give developers a chance to create applications, games, and dynamic scenes in 3D with the freedom to create objects, load textures, encode user interactions, sounds, payments, and much more.
Digital collectibles: Users on the platform can publish, distribute and collect digital assets on Lepasa. Users can trade on the platform using the scripting system which will be backed by the naming system.
Advertising: Lepasa also provides brands with an opportunity to advertise through billboards near or on land blocks so as to promote their product, service or events. The platform also gives them a chance to showcase their products and engage with the audiences.
Socializing: The platform allows communities to poet their chat groups, online forums or other centralized multiplayer games. Apart from online groups, even offline communities can find a space in Lepasa to gather and interact with each other.

How Does it Work?

The proposed protocol has 3 divisions

Registry Layer - This layer records permanent data of landowners and their content. Ethereum smart contract (ERC-721) to maintain a ledger of ownership records for land blocks. These non-fungible digital assets can be called LAND: each LAND has unique coordinates, an owner, and a reference to the content description file, which encodes what the landowner wants to serve there. Lepasa clients will connect to the Ethereum network to fetch updates to the state of the LAND smart contract.
Content Layer - Lepasa uses a decentralized storage system to distribute the content needed to render the scene. For each block that needs to be rendered, a reference to a file with the description of the block’s content is retrieved from the smart contract metadata. As of today the Inter-Planetary File System (IPFS) that provides a mature solution for the requirements, shall be used.
P2P Layer - Peer-to-peer connections are required to provide interactions between users, as well as programs that the landowner wants to run inside the block. To coordinate the bootstrap of peer-to-peer connections, landowners will have to provide rendezvous servers. The social experience of users in Lepasa will include avatars, the positioning of other users, voice chat, messaging, and interaction with the virtual environment. The different protocols used to coordinate these features can work on top of existing P2P solutions like Federated VoIP or WebRTC.

Tokonomics

LAND is claimed by LEPA, a fungible ERC-20 token of fixed supply. And every swap burns LEPA to create scarcity of the token. This token serves as a proxy for the cost of claiming a new land block. Lepasa’s value proposition to NFT holders is that they can fully capitalize on the economic interactions on several NFT trading platforms. NFTs are based on Etherum — 721 blockchain and can be collected by $Lepa tokens, An ERC-20 tokens available on crosschain platforms.

Conclusion

NFTs are creating opportunities for all kinds of creators (visual arts, game designers, musicians, etc.) and unlocking new revenue streams. Part of what makes them so exciting is the variety of assets they can represent: virtual collectables, game items, digital artwork, event tickets, real estate, identity documents, certifications, and more. The NFT market is exploding right now, as early adopters and Cryptocurrency enthusiasts try to cash in on the trend. Lepasa NFTs are limited edition and unique. There no single replica of one. All of them are game ready that means when you get Lepasa NFTs, They are not just JPEG images but you get actual source file and they have capability to be animated as per user use case. Lepasa NFTs can be animated and easily used in videos/movies, Art and other gaming projects.

Proof of Author

Bitcointalk username: Brahim Diaz

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2852565

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Brahim Diaz