Fellaz, a multi-chain Web3 leisure ecosystem, proclaims the upcoming launch of their social media platform for artists and their fanbases. By means of 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 traders 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 Okay-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 Okay-pop idol. Lastly, the occasion coordinators held an public sale for unique Fellaz merch to assist an area trigger in Singapore.
Fellaz has the bold mission of defining and paving the way in which for a Web3 leisure ecosystem. The venture will assist customers from the leisure trade transition from Web2 to Web3 by a Web3-native infrastructure. Fellaz hopes to empower influencers, artists, and followers by offering them the instruments to monetize their potential as a substitute of utilizing conventional Web2 platforms that depend on (and generally exploit) these fan communities for income.
On this new atmosphere, 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 status.
Fellaz’s decentralized social media platform will characteristic particular person feeds the place artists can publish photographs, movies, and audio recordings for his or her fanbases. Followers can remark, like, mirror (repost), and work together with their favourite artists. They’ll additionally buy subscriptions, which give them entry to premium content material and platform-native NFTs known as Lightsticks. Followers can achieve 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 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 a proprietary blockchain ticketing answer for each IRL and metaverse live shows, fan conferences, and different associated occasions in leisure and sports activities. As well as, Fellaz will likely be launching precedence minting entry to NFTs of their metaverse-native stars, limited-edition items, unique airdrops from companions, a stay chat characteristic, personalised NFTs for fanbases, and a leaderboard to rank artists very like Billboard does with music artists.
Bobby Bhatia, CEO of Fellaz, commented, “We look ahead to beginning our journey within the Web3 leisure house and can do our greatest to nurture and domesticate a vibrant group of artists, influencers, and followers.”
About Fellaz
Based mostly 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. 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 house 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 remodeling 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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