Fellaz Announces Grant Funding From the Arbitrum Foundation
Summary
SINGAPORE / ACCESSWIRE / April 8, 2024 / Fellaz, a global pioneer in Web3 entertainment and an exclusive Web3 partner to a growing list of the industrys top IP holders in Pan-Asian entertainment markets and global music sectors, proudly announces receiving designated grant funding from The Arbitrum Foundation for its upcoming service, an NFT solution for an immersive entertainment experience.Among its key features is an initial NFT offering service, designed to support both new and established entertainment projects. This service will enable artists and creators to provide unique, blockchain-based digital assets, providing fans with an exclusive way to connect with their favorite entertainers and content.Additionally, Fellaz plans to integrate its in-house Web3 solutions with globally recognized music and fandom events. Arbitrum recognized as the premier Layer 2 (L2) scaling solution for Ethereum, commands the highest Total Value Locked (TVL) among all L2 networks, approximately $10 billion, accounting for a 48% market share. "This grant is a testament to our commitment and vision in the Web3 space," said Ricky Ow, CEO at Fellaz. Through its treasury program supporting cutting-edge immersive entertainment projects, NFT-based membership programs, and strategic global operations, Fellaz offers a new blueprint for the future of global entertainment.For a deeper dive into Fellazs vision and initiatives: Website | Twitter | Discord | Telegram | Whitepaper | CoinMarketCap