Lepasa - community based and decentralized platform

republiccrypto (25)in #lepasa • 3 years ago

Overview

Virtual worlds have gained loads of attention in recent times be it for leisure or play experiences. whereas the virtual worlds have loads to supply to its user, one major disadvantage of the present virtual worlds is that they're centralized.

Lepasa aims to determine a virtual world that will permit its users and content creators to have and faucet into the potential of blockchain. Developers can get an opportunity to form applications, distribute and legitimatise them on Lepasa.

What is Lepasa?
Lepasa is Associate in Nursing NFT platform created by a team of blockchain school specialists and ancient artists WHO shall build a mythological virtual life. NFTs on the platform square measure ERC-721 tokens which might be owned by users on the Ethereum blockchain.

Lepasa relies on a suburbanized model because the team behind the platform believes that no single authority ought to have complete management over the platform or the facility to switch rules of the software package, its contents, and therefore the economic science of the token.

Lepasa’s system
As mentioned earlier, Lepasa may be a community-driven platform that's building Associate in Nursing system for gamers, artists, and crypto enthusiasts. The Lepasa system consists of:

E-commerce: E-commerce is established round the world and with Lepasa, users will sell real things through their virtual store on the platform.

Tourism: Another trade with major potential is virtual business. Artists, students, and researchers will all use Lepasa to form, explore and learn.
Applications: Lepasa’s scripting language would offer developers an opportunity to form applications, games, and dynamic scenes in 3D with the liberty to form objects, load textures, write user interactions, sounds, payments, and far a lot of.
Digital collectibles: Users on the platform will publish, distribute and collect digital assets on Lepasa. Users will trade on the platform victimization the scripting system which can be backed by the naming system.
Advertising: Lepasa additionally provides brands with a chance to advertise through billboards close to or ashore blocks therefore on promote their product, service or events. The platform additionally provides them an opportunity to showcase their product and have interaction with the audiences.
Socializing: The platform permits communities to author their discussion groups, on-line forums or alternative centralized multiplayer games. excluding on-line teams, even offline communities will notice an area in Lepasa to assemble and move with one another.

Technology & design -
The planned protocol has three divisions.

Registry Layer - This layer records permanent knowledge of land house owners and their content.
Content Layer - Here it brings assets designed on high of the land block victimization redistributed systems.
P2P Layer - Facilitates developer’s, land owner’s users to move with one another with varied channels like text & voice chat.

Land possession is recorded at the written account layer, wherever land content is documented through a hash of the file’s content. From this reference the knowledge are often downloaded from IPFS. The downloaded file contains an outline of objects, textures, sounds, and alternative parts required to render the actual scene. It additionally contains the computer address of an arrangement server to coordinate connections between P2P users that square measure exploring the tile at the same time.

Registry Layer
Ethereum sensible contract (ERC-721) to keep up a ledger of possession records for land blocks. These non-fungible digital assets are often referred to as as LAND: every LAND has distinctive (Direction, Zone#,Land#,) coordinates, an owner, and a relevancy the content description file, that encodes what the possessor desires to serve there. Lepasa shoppers can connect with the Ethereum network to fetch updates to the state of the LAND sensible contract. LAND is claimed by LEPA, a fungible ERC-20 token of fastened offer. and each swap burns LEPA to form deficiency of the token. This token is a proxy for the price of claiming a brand new land block.

Content Layer
Lepasa uses a redistributed storage system to distribute the content required to render the scene. for every block that must be rendered, a relevancy a file with the outline of the block’s content is retrieved from the sensible contract meta knowledge. As of nowadays the Inter-Planetary filing system (IPFS) that has a mature resolution for the wants, shall be used. This redistributed distribution system permits project to figure while not the necessity of any centralised server infrastructure. this permits the planet to exist as long because it has contributors distributing content, shifting the price of running the system to a similar actors that take pleasure in it.

However, hosting these files and therefore the information measure needed to serve this content has prices. Sooner, this infrastructure value are often lined by the utilization of protocols like Filecoin. till this technology becomes mature. The sale of LEPA shall cowl these prices over the amount.

P2P Layer
Peer-to-peer connections square measure needed to supply interactions between users, additionally as programmes that the possessor desires to run within the block. To coordinate the bootstrap of peer-to-peer connections, landowners can have to be compelled to give rendezvous servers.

The maintenance of those servers are often incentivised a similar means as content servers. once light-weight protocols like STUN13 will cowl the practicality needed from the server, the prices would be fairly low. The social expertise of users in Lepasa can embody avatars, the positioning of alternative users, voice chat, messaging, and interaction with the virtual surroundings. the various protocols wont to coordinate these options will work on high of existing P2P solutions like federate VoIP or WebRTC.

$LEPA TOKEN FOR system
Lepasa legendaries square measure solely crafted for the Lepasa community and may be grabbed with $LEPA tokens solely.

High Liquidity: The $LEPA token provides enough liquidity to project for swapping between NFT and token

Hyper Deflation: every swap burns $LEPA token, that ensures continuous deficiency.

Staking: Hold $LEPA tokens and stake to earn rewards.

Crosschain: Access $LEPA on multiple public blockchains.

TOKENOMIC
It is necessary for you to understand the behavior modification and the way we'll use the funds.
otal Supply: 100 M

Initial Circulating Supply: Less then 10%

Listing Price: $0.15

Publicc Sale: $0.10

Token Distribution
Everything you want know about Lepasa Token Distribution.

1 % Public sale — Price: $0.10

Listing Price — $0.15

Strategic & Private Distribution — 10% shall be vested on-listing, Then daily vesting over a period of 365 days.

Foundational Reserve — After 1 year, Daily vesting over 365 days.

Marketing & Business Development — 10% vested on listing, Then daily vesting over 365 days.

Liquidity — 10% of the total supply is allocated for liquidity.

Team — After 1 year, Daily vesting over 365 days.

Advisors — After 1 year, Daily vesting over 365 days.

Fund Usage
This is how the funding is going to be used.

40% of the funds will be used to support the development.

Marketing actions such as go-to market strategy will account for 20% of the total funds raised.

Legal and Accountancy will represent 10% of the total funds raised.

30% of funds will be used to provide liquidity to exchanges.

Conclusion
As mentioned earlier, Lepasa has been built with the vision of creating a mythological virtual world with unique fine art 3D NFTs that give users not just an image but access to actual source files. These source files come with a plethora of possibilities from games, videos, pictures to other NFTs.

The utility token on the platform too, has a limited supply thereby carrying the potential to give huge returns to investors both in the long and short terms. Lepasa is also being featured on CoinMarketCap and NewsBTC.