Lepasa

 

A Revolutionary Community Based NFT Art Project With a Vision to Develop an Ecosystem

What is Lepasa Foundation?

Lepasa Foundation will ensure decentralization of the authority & governance of the project & eventually lay the foundation stone for a larger audience to adapt cryptocurrencies & take advantage of enormous possibilities.

By introducing not-so-complex digital concepts in the forms of NFT & DeFi solutions the ecosystem being built in the crypto valley will facilitate mass adoption of blockchain & cryptocurrencies.

Lepasa Foundation building an ecosystem that will bring everyone together who believes in innovation to join the Crypto & NFT revolution. The world is moving on to witness an unprecedented pace. With Lepasa, you can experience all possible opportunities and fun.

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.

Recently it has garnered great interest of people in the virtual world of the world, both for fun and experience. Unlike other virtual properties, Lepasa is not controlled by a centralized organization. There is no single authority with the power to change the rules of the software, content, token economy, or prevent others from accessing it. This document describes the ideology, technical establishment, and economics of Freelancing.

Vision

Lepasa's vision, is to create a mythological world that is a beautiful legendary habitat. Which will offer a social experience with an economy driven by subsoil and unique creatures of the owner, with content distribution. Developers will be able to build apps on top of Freelance, distribute them to users, and monetize them.

In future projects it may be possible to implement peer-to-peer communication, scripting systems for interactive content, and cryptocurrency payment systems for transactions in the world. Communication layer for social experience, providing positioning, posture, voice chat, and more; This can be achieved with a P2P network. A script system is a tool that landowners can use to describe the behavior and interactions of 3D objects, sounds, and applications running on land blocks.

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.

Technology & Architecture -

The proposed protocol has 3 divisions.

1. Registry Layer - This layer records permanent data of land owners and their content.
2. Content Layer - Here it brings assets built on top of the land block using decentralised systems.
3. P2P Layer - Facilitates developer’s, land owner’s users to interact with each other with various channels like text & voice chat.

Land ownership is recorded at the registry layer, where land content is referenced through a hash of the file’s content. From this reference the information can be downloaded from IPFS. The downloaded file contains a description of objects, textures, sounds, and other elements needed to render the particular scene. It also contains the URL of a rendezvous server to coordinate connections between P2P users that are exploring the tile simultaneously.

Registry Layer

Ethereum smart contract (ERC-721) to maintain a ledger of ownership records for land blocks. These non-fungible digital assets can be called as LAND: each LAND has unique (Direction, Zone#,Land#,) 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. 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.

Content Layer

Lepasa uses a decentralised 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 meta data. As of today the Inter-Planetary File System (IPFS) that provides a mature solution for the requirements, shall be used. This decentralised distribution system allows project to work without the need of any centralised server infrastructure. This allows the world to exist as long as it has contributors distributing content, shifting the cost of running the system to the same actors that benefit from it.

However, hosting these files and the bandwidth required to serve this content has costs. Sooner, this infrastructure cost can be covered by the use of protocols like Filecoin. Until this technology becomes mature. The sale of LEPA shall cover these costs over the period.

P2P Layer

Peer-to-peer connections are required to provide interactions between users, as well as programmes 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 maintenance of these servers can be incentivised the same way as content servers. When lightweight protocols like STUN13 can cover the functionality required from the server, the costs would be fairly low. 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.

$LEPA TOKEN FOR ECOSYSTEM

Lepasa legendaries are exclusively crafted for the Lepasa community and can be grabbed with $LEPA tokens only.

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

Hyper Deflation: Each swap burns $LEPA token, that ensures continuous scarcity.

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

Crosschain: Access $LEPA on multiple public blockchains.

TOKENOMIC

It is important for you to know the token economy and how we will use the funds.

Total 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 apart from partnering with Polygon|Matic

For More Information Click Links Bellow: 

Website: https://www.lepasa.com/

Whitepaper: https://www.lepasa.com/assets/docs/whitepaper.pdf

Telegram: https://t.me/lepasa_discuss

Medium: https://lepasa.medium.com/

Twitter: https://twitter.com/lepasaorg

Author:

Username : Jacob Murphy

Forum Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=3205408

ETH Address: 0xBB2C11C84e7B340c139d3948CBC9DC7EbA62b018