Fellaz, a multi-chain Web3 leisure ecosystem, publicizes the upcoming launch of their social media platform for artists and their fanbases. Via months of preparation, the Fellaz workforce 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 workforce 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 plenty of notable buyers and firms 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 have been in attendance. The occasion revealed a number of well-known Ok-pop stars, whose mixed fanbases high a number of million. The occasion additionally showcased ‘Uptown Boy’, an unique track 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 help an area trigger in Singapore.
Fellaz has the formidable mission of defining and paving the best way for a Web3 leisure ecosystem. The challenge 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 setting, artists and customers may 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 function particular person feeds the place artists can put up 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 stage up their assortment of Lightsticks by participating in a set of actions that present their help. Since Fellaz is a S2E or support-to-earn platform, followers who stage 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 participating their fanbase and subscribers with unique and premium content material.
Fellaz additionally plans on increasing its platform by 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 shall be launching precedence minting entry to NFTs of their metaverse-native stars, limited-edition items, unique airdrops from companions, a dwell chat function, customized NFTs for fanbases, and a leaderboard to rank artists very like 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 one of the best from the metaverse, decentralization, and NFT blockchain know-how and integrating them with unique 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 providers 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 personal 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 Mild & Energy (India), Livesports (Singapore), and Sentinel Capital (Singapore).
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