SINGAPORE, Dec. 13, 2022 (GLOBE NEWSWIRE) — Fellaz, a Singapore-based Web3 entertainment and lifestyle ecosystem, is set to launch its new membership service. Unlike Web2 membership programs, whose benefits are thinly spread and static, Fellaz plans to offer an NFT-based membership program that promises more than a set number of insignificant discounts and privileges. By maximizing the innovation provided by the underlying decentralization technology, Fellaz seeks to introduce a new way to optimize user experience and engagement with the brands they love.
Members will have exclusive access to a highly selective community of peers with the same membership status to enable direct communication between members through a protocol owned and developed by the members as stakeholders.
The membership can be used as a premium access card to exclusive IRL events or services offered by the companies representing the Fellaz Alliance. Through token gating and NFT verification solution, online and offline transactions will be a seamless and secure experience for users. Designated benefits will be demonstrably redeemed, thereby retaining the value of the membership liquidity and marketability in the event the member chooses to opt out and sell their membership status via the open market.
While the name of the first product has yet to be revealed, an exclusive NFT membership backed by Fellaz in partnership with a world-renowned music festival brand will be minted in the first quarter of next year. The holders of this special NFT will gain access to the aforementioned major global music festival, including a wide range of benefits that can be redeemed on-site during the event. The event’s name and brand will be officially announced soon this month.
Following this special NFT membership card, Fellaz plans to launch an exclusive membership that will represent a social network of high-profile individuals.
Bobby Bhatia, CEO of Fellaz, commented: “We are paving the way for the next generation of entertainment, bringing together world-renowned entertainment IP and the most innovative Web3 technology. I am delighted to see Fellaz assume its position as a pioneer in aggregator IRL events and commercial brands, connect users through Web3 technology. We hope to continue to be an aspirational model for Web3 that has yet to find a real use case that benefits users.”
About Fellaz
Fellaz, based in Singapore, is a multi-chain Web3 entertainment business that offers real value through proprietary technology and global entertainment assets. As a digital and IRL event powerhouse, Fellaz focuses on creating exclusive experiences and maximizing user engagement via NFT-based lifestyle membership and ticketing services in entertainment and sports. Promoting and co-hosting original IRL events while managing a global lifestyle and entertainment membership service, Fellaz seeks to become a blueprint and viable prototype for aspiring Web3 businesses while providing maximum value to the Fellaz ecosystem and its community members.
Contact information:
Steven Lee
Director of Operations
[email protected]
65 8346 4632
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