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NFTs Will Persist for as Long as Communities Are Willing to Use Them — Lostworlds Co-Founder

According to Quaison Carter, the co-founder and CMO of the location-based NFT platform Lostworlds, non-fungible tokens (NFTs) are still not widely used due to what he called “user friction.” Carter, however, insists that the value of NFTs will persist for “as long as there are communities willing to use them.”

The Role Played by PFP Communities

Concerning the process of onboarding users, the Lostworlds co-founder suggested making this simpler and making sure the user does not spend time trying to understand how they can become NFT holders.

When asked about the challenges associated with location-based NFTs such as location spoofing, Carter lamented how such practices harm the whole industry. He also briefly explained how his company is attempting to tackle the problem and thus help to maintain the “integrity of location-based interactions.” Also, in his written responses sent to Bitcoin.com News, Carter touched on why his firm chose Avalanche and the benefits of using that platform.

Bitcoin.com News (BCN): The so-called “expensive JPEGs” are said to have generated awareness about NFTs and have helped them reach or appeal to a larger audience base. What gives NFTs their value and do you foresee them holding on to this in the long run?

Quaison Carter (QC): The killer application for NFTs is really culture and community. NFTs are simply a verifiable digital asset that we project value and identity onto to give it meaning. In the long run, I believe there will be a few PFP [profile picture] communities that become entities of significance, like a religion, or a cult. The NFT is their symbol of choice. So as long as there are communities willing to use NFTs to represent their culture or identity they will persist.

BCN: We have seen big brands like Nike achieve some success with NFTs but that has not translated into the kind of mass adoption that some hope to see. In your opinion, what is preventing or stopping the wider adoption of NFTs and what do you think should be done to accelerate mainstream use?

QC: User friction has been a significant barrier to the widespread adoption of NFTs. While developing Lostworlds.io, we quickly recognized the challenges in onboarding users into the NFT ecosystem. Explaining the concept of NFTs is already complex, and asking users to create a wallet and fund it with cryptocurrency can be overwhelming and off-putting. So we focused on creating solutions that abstract away almost all the complexities of Web3. For example, our platform offers email-based wallet creation and enables users to purchase digital collectibles using Apple or Google Pay, and it can be done in less than 30 seconds. The user shouldn’t have to think.

BCN: Your firm, which is described as a location-based NFT startup, is said to enable users to earn yield from collecting the NFTs of real-world places they visit. What are these location-based NFTs and what are their real-world applications?

QC: Location-based NFTs, also known as Geo-NFTs, incorporate geographical locations as a source of scarcity and value. NFTs have always found their greatest potential in fostering culture and community, which are the very elements that make any location significant. By allowing brands and individuals to place NFTs within the physical world, we create an innovative method for encapsulating culture and community within digital collectibles. Furthermore, our LOST token is influenced by this approach, becoming scarcer as more Geo-NFTs are minted and integrated into the real world.

BCN: It has been said that users can easily fake their location to mint the so-called location-based NFTs. Is there a way of stopping or preventing this so-called location spoofing?

QC: Location spoofing presents a significant challenge in our industry, as demonstrated by the extensive efforts of games like Pokémon Go to address this issue. Although we do not claim to have completely resolved the problem, we have diligently developed a robust anti-spoofing mechanism to maintain the integrity of location-based interactions and ensure a fair and secure experience for our users.

BCN: Why did you choose to build on Avalanche?

QC: We started on Avalanche because we felt they were focused on the future. Their innovations with subnets allowed us to not have to worry about scaling or cross-chain issues. We are currently also on Polygon and Ethereum.

BCN: Can you illustrate how the hybrid experiences that are said to bridge the divide between the real world and the virtual metaverse can make it more fun and engaging for gamers, shoppers, and other users?

QC: A hybrid experience is a digital experience that enhances your physical experience. For example, at NFT NYC 2023, we collaborated with DeGods and Stepn to organize a series of scavenger hunts throughout New York City. Participants embarked on a landmark tour, exploring major NYC sites and collecting a Geo-NFT for each location. Collecting all the landmark NFTs provided an opportunity to win a special DeGods-Stepn sneaker collaboration, further incentivising the minting process. This engaging experience can be likened to Pokémon Go for NFTs, seamlessly blending the digital and physical worlds.

What are your thoughts on this interview? Let us know what you think in the comments section below.

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  • 14.10.25 08:46 robertalfred175

    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 18:07 crypto

    Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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