Fellaz, a multi-chain Web3 leisure ecosystem, pronounces the upcoming launch of their social media platform for artists and their fanbases. By months of preparation, the Fellaz staff has onboarded notable entertainers and pop stars from Korea, Japan, Southeast Asia, and the remainder of the world.
In preparation for his or her launch, the Fellaz staff held an unique opening occasion, ‘Fellaz by the bay’ on July 14th at Sentosa Island, Singapore. The platform’s Chief Producer, Felix (BAYC#8169) hosted the occasion and lots of notable buyers and corporations together with Binance, Warner Music Group, Rakuten, GS Ventures, IDEG, JAB Shopper Fund, Norge’s Financial institution, Krust, Republik, Le Freeport, Coin Hakko and extra had been in attendance. The occasion revealed a number of well-known Ok-pop stars, whose mixed fanbases prime a number of million. The occasion additionally showcased ‘Uptown Boy’, an authentic tune co-produced by Fantagio and carried out by Miu, Fellaz’s first metaverse-native Ok-pop idol. Lastly, the occasion coordinators held an public sale for unique Fellaz merch to assist a neighborhood trigger in Singapore.
Fellaz has the bold mission of defining and paving the best way for a Web3 leisure ecosystem. The venture will assist customers from the leisure trade transition from Web2 to Web3 by means of a Web3-native infrastructure. Fellaz hopes to empower influencers, artists, and followers by offering them the instruments to monetize their potential as an alternative of utilizing conventional Web2 platforms that depend on (and generally exploit) these fan communities for income.
On this new surroundings, artists and customers could have shared possession over their creations and derivations within the type of immutable NFTs saved on the blockchain. The platform will use a metrics-based compensation system to find out fan participation and contribution. It will result in an incentivized and sustained fanbase, furthering the artist’s repute.
Fellaz’s decentralized social media platform will characteristic particular person feeds the place artists can publish pictures, movies, and audio recordings for his or her fanbases. Followers can remark, like, mirror (repost), and work together with their favourite artists. They will additionally buy subscriptions, which give them entry to premium content material and platform-native NFTs known as Lightsticks. Followers can acquire expertise factors or XP, and degree up their assortment of Lightsticks by partaking in a set of actions that present their assist. Since Fellaz is a S2E or support-to-earn platform, followers who degree up their lightsticks will earn extra $FLZ as they work together with their favourite artists. Fellaz can also be a C2E or create-to-earn platform permitting artists to earn $FLZ by partaking their fanbase and subscribers with authentic and premium content material.
Fellaz additionally plans on increasing its platform by means of a proprietary blockchain ticketing answer for each IRL and metaverse concert events, fan conferences, and different associated occasions in leisure and sports activities. As well as, Fellaz will probably be launching precedence minting entry to NFTs of their metaverse-native stars, limited-edition items, unique airdrops from companions, a stay chat characteristic, customized NFTs for fanbases, and a leaderboard to rank artists very similar to Billboard does with music artists.
Bobby Bhatia, CEO of Fellaz, commented, “We stay up for beginning our journey within the Web3 leisure area and can do our greatest to nurture and domesticate a vibrant neighborhood of artists, influencers, and followers.”
About Fellaz
Primarily based 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 neighborhood infrastructure. Alongside its community of worldwide companions, Fellaz is a one-stop answer and ecosystem designed to assist companies, creators, and followers transition into the Web3 leisure area by taking the very best from the metaverse, decentralization, and NFT blockchain know-how and integrating them with authentic content material and Web3 diversification.
About Bobby Bhatia
Fellaz CEO, Bobby Bhatia, is a seasoned finance and know-how skilled, mentor, and entrepreneur with over 25 years of private and non-private funding expertise. From FinTech to EdTech to monetary companies and blockchain know-how, Bobby is a pioneer in digitally reworking and disrupting industries to create a extra equitable world. After graduating from Duke and finishing a Younger Students program at Stanford, Bobby has labored in non-public fairness all through Asia since 1995. He additionally was the principal head investor at AIG, and Principal and Founding Member at JP Morgan Companions Asia. Furthermore, Bobby is a board member at Palma Capital (Dubai), Bharat Gentle & Energy (India), Livesports (Singapore), and Sentinel Capital (Singapore).
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