BELIZE CITY, Belize, March 27, 2025 (GLOBE NEWSWIRE) —
### Innovative Feature for TON-based NFTs
Lost Dogs, a groundbreaking project within the Web3 community, has unveiled a new feature for NFTs on the TON blockchain that enables tokens to be attached and securely locked to an NFT. This mechanism initiates a randomized vesting schedule, allowing holders to access their tokens after a designated unlocking period. This advancement aims to enhance the distribution model of tokens and promote a more sustainable tokenomics structure.
The team behind Lost Dogs, which is focused on community engagement through gaming and NFTs on the TON platform, is the first to implement this cutting-edge technology. They are launching a new collection comprising 18,000 NFTs, with each NFT priced at 35,000 $WOOF. Holders will benefit from a reward of 50,000 $WOOF upon unlocking their tokens after the vesting period concludes. Unlike conventional staking or token airdrop methods, this innovative approach seeks to bolster liquidity and stability while encouraging long-term participation from the community.
### How $WOOF NFTs with Locked Tokens Operate
Each NFT in this collection comes preloaded with a set number of $WOOF tokens. Users can acquire these NFTs at a discounted rate, and the unlocking periods for these tokens are randomized, ranging from two weeks to one year. This design ensures a gradual distribution of liquidity and allows users the option to hold onto the NFTs for an extended period. Once the tokens are unlocked, holders can easily claim them through the “Claim $WOOF” feature on Getgems, which facilitates instant transfers to their wallets. To maintain transparency and combat fraud, NFTs that have been claimed will be burned.
While $WOOF is pioneering the use of NFTs with locked tokens, this feature has the potential for broader application across various projects via Getgems, the primary marketplace on the TON blockchain. This expansion could offer other communities flexible solutions for token distribution, alternative staking models, and enhanced NFT functionalities.
### Perspectives on the Evolving NFT Landscape
Ivan Gusev, Head of Fun at Getgems, commented on the evolution of NFTs, stating that they have traditionally symbolized ownership and digital identity. However, recent technological advancements have introduced more complexity and capabilities to these digital assets. With the introduction of NFTs featuring Locked Tokens, a new intersection of Decentralized Finance (DeFi) and NFTs is emerging, which has never been seen before.
Mad Tail from Lost Dogs expressed a similar sentiment, emphasizing that viewing NFTs merely as collectibles is an outdated perspective. He highlighted the technology’s capacity to offer greater functionality and entertainment, expressing enthusiasm for advancing the industry and expanding its potential.
### Launchpad Information
To promote wider distribution and prevent centralization, the launch of these NFTs is limited to a maximum of 10 per wallet. For this initiative, 5% of the total $WOOF supply has been reserved, with each NFT available for purchase at a discounted rate of 35,000 $WOOF, in exchange for an NFT that contains 50,000 $WOOF.
The launch of the NFTs with locked tokens program commenced exclusively on Getgems on March 27, 2025.
### About Lost Dogs
Lost Dogs is a community-focused NFT and gaming venture built on The Open Network (TON). Initially launched as an NFT collection in 2022 featuring unique breeding mechanics, the project has grown into an expansive gaming and storytelling universe. It has spawned initiatives like the Telegram mini-game “Lost Dogs: The Way,” which attracted over 15 million players within six weeks, as well as the animated series “Lost Dogs: Magic Quest” and various experimental releases. The project is also set to introduce NFT Stickers—collectibles powered by blockchain technology for Telegram.
In January 2025, the $WOOF token was launched, unlocking additional utilities and access within the ecosystem, which now boasts over 115,000 holders on-chain. Lost Dogs continues to experiment with NFTs, pushing the boundaries of their applications while developing a unique gaming universe that narrates the tale of the lost dogs and enhances the utility of the $WOOF token and the original NFT collection.
### Disclaimer
This press release is issued by Lost Dogs. The views and opinions expressed herein are solely those of the content provider and do not necessarily reflect the stance of this media platform or its publisher. We do not endorse or verify the accuracy or completeness of the information provided. Readers are advised that investing in cryptocurrencies and related opportunities carries significant risks, and they should only invest what they can afford to lose. It is recommended that individuals conduct their own research and consult with a qualified financial advisor before making any investment decisions. The speculative nature of the blockchain sector means that complete accuracy cannot always be guaranteed, and neither the media platform nor the publisher assumes any liability for any financial losses or fraudulent activities stemming from this press release.
