Singapore – July 19, 2022 (Investorideas.com Newswire) In preparation for his or her release, the Fellaz staff held an unique opening tournament, ‘Fellaz by way of the bay’ on July 14th at Sentosa Island, Singapore. The platform’s Leader Manufacturer, Felix (BAYC#8169) hosted the development and plenty of notable traders and corporations together with Binance, Warner Tune Workforce, Rakuten, GS Ventures, IDEG, JAB Client Fund, Norge’s Financial institution, Krust, Republik, Le Freeport, Coin Hakko and extra have been in attendance. The development published a number of well-known Okay-pop stars, whose mixed fanbases most sensible a number of million. The development additionally showcased ‘Uptown Boy’, an unique music co-produced by way of Fantagio and carried out by way of Miu,
Fellaz’s first metaverse-native Okay-pop idol. Finally, the development coordinators held an public sale for unique Fellaz merch to help a neighborhood reason in Singapore.
Fellaz has the bold undertaking of defining and paving the way in which for a Web3 leisure ecosystem. The challenge will lend a hand customers from the leisure trade transition from Web2 to Web3 thru a Web3-native infrastructure. Fellaz hopes to empower influencers, artists, and fanatics by way of offering them the gear to monetize their possible as an alternative of the usage of conventional Web2 platforms that depend on (and every now and then exploit) those fan communities for earnings.
On this new surroundings, artists and customers could have shared possession over their creations and derivations within the type of immutable NFTs saved at the blockchain. The platform will use a metrics-based repayment gadget to decide fan participation and contribution. This may result in an incentivized and sustained fanbase, furthering the artist’s popularity.
Fellaz’s decentralized social media platform will characteristic person feeds the place artists can publish pictures, movies, and audio recordings for his or her fanbases. Fanatics can remark, like, replicate (repost), and have interaction with their favourite artists. They may be able to additionally acquire subscriptions, which provide them get entry to to top rate content material and platform-native NFTs referred to as Lightsticks. Fanatics can achieve revel in issues or XP, and stage up their choice of Lightsticks by way of enticing in a collection of movements that display their help. Since Fellaz is a S2E or support-to-earn platform, fanatics who stage up their lightsticks will earn extra $FLZ as they have interaction with their favourite artists. Fellaz may be a C2E or create-to-earn platform permitting artists to earn $FLZ by way of enticing their fanbase and subscribers with unique and top rate content material.
Fellaz additionally plans on increasing its platform thru a proprietary blockchain ticketing answer for each IRL and metaverse concert events, fan conferences, and different similar occasions in leisure and sports activities. As well as, Fellaz can be launching precedence minting get entry to to NFTs in their metaverse-native stars, limited-edition items, unique airdrops from companions, a reside chat characteristic, customized NFTs for fanbases, and a leaderboard to rank artists just like Billboard does with tune artists.
Bobby Bhatia, CEO of Fellaz, commented, “We look ahead to beginning our adventure within the Web3 leisure house and can do our very best to nurture and domesticate a colourful group of artists, influencers, and fanatics.”
Based totally in Singapore, Fellaz is a multi-chain Web3 leisure ecosystem offering content material manufacturing and distribution for the metaverse, an NFT answer for artists, and a decentralized fandom group infrastructure. Along its community of worldwide companions, Fellaz is a one-stop answer and ecosystem designed to lend a hand companies, creators, and fanatics transition into the Web3 leisure house by way of taking the most efficient from the metaverse, decentralization, and NFT blockchain generation and integrating them with unique content material and Web3 diversification.
About Bobby Bhatia
Fellaz CEO, Bobby Bhatia, is a seasoned finance and generation skilled, mentor, and entrepreneur with over 25 years of private and non-private funding revel in. From FinTech to EdTech to monetary products and services and blockchain generation, Bobby is a pioneer in digitally remodeling and disrupting industries to create a extra equitable global. After graduating from Duke and finishing a Younger Students program at Stanford, Bobby has labored in personal fairness all the way through Asia since 1995. He additionally used to be the important head investor at AIG, and Most important and Founding Member at JP Morgan Companions Asia. Additionally, Bobby is a board member at Palma Capital (Dubai), Bharat Gentle & Energy (India), Livesports (Singapore), and Sentinel Capital (Singapore).
For more info about Fellaz, please practice the hyperlinks under:
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