BELIZE CITY, Belize, March 27, 2025 (GLOBE NEWSWIRE) —
### Innovative Feature Introduced for TON-based NFTs
Lost Dogs, a groundbreaking Web3 community initiative, has unveiled a new capability for its TON-based NFTs, which enables users to attach and lock tokens to their NFTs. This feature activates a randomized vesting schedule, allowing holders to claim their tokens once their specific unlocking timeframe concludes. This innovative approach aims to enhance the distribution of tokens and foster a more sustainable economic model within the community.
The team behind Lost Dogs, which focuses on gaming and NFTs on the TON blockchain, stands at the forefront of utilizing this cutting-edge technology. They are launching a collection comprising 18,000 NFTs, each priced at 35,000 $WOOF. Upon the completion of the randomized vesting period, holders will receive a reward of 50,000 $WOOF. This strategy differs significantly from traditional staking or token airdrops by promoting liquidity and financial stability while encouraging long-term engagement from the community.
### Functionality of $WOOF NFTs with Locked Tokens
Each NFT in this new collection comes preloaded with a designated amount of $WOOF tokens. Users can acquire these NFTs at a reduced price, and the NFTs feature unlocking periods that are randomized, lasting anywhere from two weeks to a year. This method ensures that liquidity is distributed gradually, granting users the option to hold their NFTs for extended periods. Once the unlocking occurs, holders can conveniently claim their tokens through the “Claim $WOOF” interface on Getgems, which facilitates an immediate transfer to their wallets. To enhance transparency and combat fraud, any NFTs that are emptied after claiming will be incinerated.
While $WOOF is the inaugural token to implement NFTs with locked tokens, this functionality is poised for adoption by other projects through Getgems, the leading marketplace on the TON blockchain. This development will provide various communities with a flexible solution for token distribution, alternatives to staking, and improved capabilities for NFTs.
### Merging DeFi and NFTs: Insights from Industry Leaders
Ivan Gusev, Head of Fun at Getgems, stated, “NFTs have always revolved around the concepts of ownership and digital identity, but recent advancements have added layers of complexity through new technological features.” He emphasized that the introduction of NFTs with locked tokens will allow for an unprecedented integration of decentralized finance (DeFi) and NFTs.
Mad Tail from Lost Dogs commented, “Viewing NFTs solely as collectibles is an outdated perspective. The underlying technology offers potential for enhanced functionality and user engagement. We are enthusiastic about pushing the boundaries of the industry and expanding its potential.”
### Launchpad Information and Community Engagement
The launch has been designed with a cap of 10 NFTs per wallet to facilitate broader distribution and avoid centralization. A total of 5% of the overall $WOOF supply is allocated for this initiative, with each NFT being available at a discounted rate of 35,000 $WOOF, containing 50,000 $WOOF tokens. The program for NFTs with locked tokens was launched exclusively on Getgems on March 27, 2025.
### About Lost Dogs
Lost Dogs is a community-oriented NFT and gaming initiative operating on The Open Network (TON). Initially launched in 2022 as an NFT collection featuring unique breeding mechanics, it has expanded into a vast universe of gaming and storytelling. This includes the Telegram mini-game Lost Dogs: The Way, which attracted over 15 million players in just six weeks, the animated series Lost Dogs: Magic Quest, and various experimental projects, along with upcoming blockchain-based collectible stickers for Telegram.
In January 2025, the $WOOF token was introduced, unlocking new utilities within the ecosystem and reaching over 115,000 on-chain holders. Lost Dogs is actively pursuing innovative NFT applications while simultaneously constructing its gaming universe, which will unfold the narrative of the lost dogs and add further utility to both the $WOOF token and the original NFT collection.
### Disclaimer
This press release is released by Lost Dogs. The opinions and statements expressed herein reflect only those of the content provider and do not necessarily represent the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy or reliability of any information contained within this article, which is intended for informational purposes only and should not be interpreted as financial, investment, or trading advice. Cryptocurrency investments carry substantial risks, including the possibility of complete capital loss. Readers are encouraged to conduct thorough research and consult with a qualified financial advisor before making any investment decisions.
