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’s membership programs, whose benefits are meager and static, Fellaz plans to offer an NFT-based membership program that promises more than a fixed number of discounts and petty privileges. By maximizing the innovation provided by the underlying decentralization technology, Fellaz seeks to introduce a novel 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 that is co-owned and developed by its members as stakeholders.

Membership can be used as a premium admission pass to exclusive IRL events or services offered by companies representing the Fellaz Alliance. Through NFT verification and token gating solution, online and offline transactions will be a safe and seamless experience for users. The designated benefits will be demonstrably redeemable and therefore the value of the membership will retain liquidity and marketability in the event the member chooses to opt out and sell their membership status through the open market.

While the name of the first product has yet to be revealed, an exclusive Fellaz-backed NFT membership in partnership with a world-famous music festival brand will be minted in the first quarter of next year. Holders of this particular NFT will have access to the said major global music festival, including a wide range of benefits that can be redeemed on the spot during the event. The name and branding of the event will soon be officially announced this month.

Following this particular NFT membership pass, 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 next-generation entertainment, bringing together world-renowned entertainment IPs and the most innovative Web3 technology. I am delighted to see Fellaz assume the position of pioneer in bringing events together. IRL and trademarks, connecting users through Web 3 technology. We look forward to continuing to become an aspiring model for Web 3 that has yet to find a real-world use case that benefits users.”

About Happy

Singapore-based Fellaz is a multi-chain Web3 entertainment company delivering real-world value through proprietary technology and global entertainment assets. As a real-life and digital event powerhouse, Fellaz focuses on creating exclusive experiences and maximizing user engagement through NFT-based lifestyle ticketing and membership services in entertainment and sports. By fostering and co-hosting original IRL events while running a global lifestyle and entertainment membership service, Fellaz seeks to become the viable model and prototype for aspiring Web3 businesses while delivering maximum value to the Fellaz ecosystem and members of their community.

Contact information:
steven lee
director of operations
steven@fellaz.io
65 8346 4632

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