πŸš€ | NFT Launchpad
The medium dictates the configuration of the content and the way it is associated with the receiving end. Today, the metaverse, NFTs, and the underlying blockchain assets are the most novel form of the digital medium. And clearly, the metaverse and NFT technology or NFT as a medium is transforming the very nature of digital goods and the potential commercial implications. In order to create a viable business model within the web3 metaverse ecosystem, the nature of NFT as a self-standing and generative commodity must be recognized and exploited. To that end, Fellaz offers a minting service for PFP NFTs, generative music NFTs, and POAP NFTs. With NFTs, information is no longer static and can be probably claimed (mintable), owned (buy, put on display, or sell), and used (held) as an exchangeable source of identity and practical utility.

PFP

PFP or Profile Picture is a form of an NFT that uses the generative art technique to produce multiple series of images that combine various design traits with different rarity levels to create a collection of unique representations of the shared traits. Fellaz plans to provide a minting tool for artists to easily create an IP-based PFPs that represent them both legally and in appearance, which in turn, can be bought or distributed as a token of identity or a badge for the respective fandom community and its members that identify with the artist in concern. Fans or holders of this NFT will be given exclusive access and benefits that are related to the IP owner of the collection. Also, there may be yet another use-case involving $FLZ, the utility token that runs the Fellaz ecosystem.

Generative music NFT

Just like PFPs, music NFTs can also be minted in a generative fashion with each session within the composition of the music set up as a trait and combining the traits in different rarity levels to produce a unique representation of the original song. While an NFT that simply replicates the original soundtrack is an available option, generative music NFT service will enable a diverse channel of monetization as it allows for templates and datasets that the end-user can freely use to generate secondary artistic output. In other words, Fellaz plans to offer not just finished creative products but also the license for which the collectors can utilize to produce a derivative product.

POAP

POAP stands for proof of admission protocol, and this form of NFT is in line with Fellaz’s vision of bringing fans onboard as central stakeholders. POAP NFT will serve as a symbolic badge that primarily proves attendance, but cumulatively an identity and proof of dedication as a fan. We plan to offer differentiated design by the type of event. While POAPs can be sold and bought, depending on the internal governance of the respective fandom communities or the hosting entity, such transaction may not be deemed favorable, and most likely be used as means of added satisfaction for the fans that received the POAP as a result of actual attendance. We anticipate there will be multiple ways of utilizing the POAP to incentivize and reward participation.
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PFP
Generative music NFT
POAP