Fellaz’s NFT Ticket for Ultra Abu Dhabi 2023 Powered by BNB Chain Sets New Standard for Web3 Fan Entertainment
Dubai, UAE, March 17, 2023 (GLOBE NEWSWIRE) — Fellaz, the official VIP host and sponsor of Ultra Abu Dhabi 2023, closed the two-day event, marking the festival’s first ever appearance in the Middle East and setting a new standard for Web3 fan engagement and entertainment.
Held at Etihad Park on YAS Island, the festival drew together fans from over 50 different countries and featured world-renowned DJs including Calvin Harris, Skrillex, Armin Van Buuren and more.
Fellaz, a Web3 NFT ecosystem of major entertainment companies, artists, influencers and next generation fandom platforms, launched the ‘Fellaz NFT Ticket’ – a limited edition NFT collector’s ticket that provides VIP access and exclusive benefits that holders can redeem on the spot.
Fellaz’s NFT-based ticket, powered by BNB Chain and sold on BinanceNFT, provided a secure and seamless ticketing experience for Ultra Abu Dhabi VIP fans while ensuring ticket authenticity. In addition, NFT holders were given access to Fellaz-only express entry, a VIP bar, VVIP toilets, merchandise vouchers, free drinks and more.
The events market in the Middle East and Africa reached US$53.63 billion in 2022 and an estimated US$76.67 billion by 2028. Given the region’s growing demand for immersive entertainment, the partnership is testament to how the entertainment industry and festival-goers have turned, and now have a keen interest in Web3 . In addition, NFT ticket holders have demonstrated the enthusiasm and willingness of individuals to be part of a community that shares similar values.
“We are delighted to have provided our guests with an unparalleled VIP experience at Ultra Abu Dhabi 2023 through our NFT ticketing solution,” said Bobby Bhatia, CEO of Fellaz. “We are excited to integrate blockchain technology with BNB Chain in the entertainment industry, and we look forward to more global partnerships and events in the future.”
Fellaz aims to create meaningful use cases for its community by exploring the innovation and possibilities of Web3 technology. The company’s vision is to convert one-time customers of entertainment experiences into long-term community members.
Given its recent success, Fellaz will continue to create exclusive experiences, maximize user engagement and develop new opportunities alongside major events in the entertainment industry. Also, Fellaz aims to establish more regional partnerships to help people connect with the brands they love.
About UC Global
Based in Seoul, Korea, UC Global is an Asia-focused lifestyle and entertainment brand management company with a vision to create an ecosystem of services and products to further serve the region’s Millennial and Generation Z lifestyle and entertainment needs. UC Global produces a portfolio of live events such as Ultra Korea, Ultra Japan and Ultra Bali, among many others. UC Global’s brands and events are produced across 12 countries and territories through over 100+ large format live events with over 1.4 million fans in attendance.
Fellaz, based in Singapore, is a multi-chain Web3 entertainment business that offers real value through proprietary technology and global entertainment resources. As a digital and IRL event powerhouse, Fellaz creates exclusive experiences and maximizes 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.
About BNB Chain
The BNB chain is a community-driven and censorship-proof blockchain, powered by BNB. It includes BNB Beacon Chain and BNB Smart Chain (BSC), which is EVM compatible and supports a multi-chain ecosystem. With 3 billion transactions processed to date and over 200 million unique addresses, it is the world’s largest smart contract blockchain in terms of transaction volume and daily active users. The ecosystem supports over 1,300 active dApps, ranging from DeFi to NFTs, and provides developers with massive user access and ultra-low gas fees.
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