IMG-LOGO

Fortune Unicorn Club (FUC), the First DIY-Mint Method NFT Project, Has Won 2 Million in Funding in the ForChain Labs’ Seed Round

News Feed - 2023-01-27 03:01:43

Fortune Unicorn Club (FUC), the First DIY-Mint Method NFT Project, Has Won 2 Million in Funding in the ForChain Labs" Seed Round press release


PRESS RELEASE.ForChain Labs was founded in April 2022 as a web 3 startup company. Meanwhile, the NFT project, Fortune Unicorn Club, was being developed. ForChain Labs has raised 2 million funds in its seed round and will use the funds to develop and operate Fortune Unicorn Club (FUC), the first NFT project to utilize DIY-minting.


As reported, ForChain Labs currently manages investments in four major segments: industrial, technology, finance, and web 2, with 198 portfolio companies and $9.3 billion in assets. As a result, the venture capital sector is actively exploring opportunities in the Web 3 market, and ForChain Labs has become one of the VC’s first companies to be backed by a Web 3 company. Due to confidentiality agreements, we cannot disclose more information about the venture capital firm at this time.


Fortune Unicorn Club (FUC) allows people to select traits during their mint. It offers 500+ high-quality 3D traits for people to assemble their FUC avatar, so the minter is the one to decide what the metadata is and the one to decide what each unique FUC avatar looks like. Thus, the NFT collection is generated by pure human aesthetics rather than generated by a cold random program or AI. ForChain Labs hopes people can put their personalities and stories into each FUC avatar using the DIY-mint method. In addition, it lets each FUC avatar carry an additional sentiment value, making the FUC collection more meaningful.


Furthermore, FUC has built its Create-to-Earn system. Mint er (who decid es what the unique FUC avatar looks like) will become Avatar Creat or and receive 3% royalties on the avatar they creat ed for life. Minters can claim their royalties anytime in F UC Holder Portal. The team aims to lower the threshold of co-creation and encourage people to co-create an NFT collection through this approach.


Metaverse and AR are also par ts of FUC’s roadmap. However, the team claims it will never build its metaverse but will keep adapting for more popular metaverse s. The team believes there are more proper ways to bring holders value th an creating a metaverse. Instead, they will bring holders eternal value by building its compatibility and adapting FUC avatars into increasingly popular metaverse s. Soon, holders can get in to metaverses with the FUC avatar they created.


More Info:


https://fortuneunicorn.club/


https://twitter.com/FortuneUnicornC


https://discord.gg/joinfuc


 


  Tags in this story ForChain Labs, Fortune Unicorn Club, FUC


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release. Media


Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options. Paraguayan Bitcoin Mining Companies Hurt by Power Rate Hikes of Over 50% MINING | 32 mins ago Coinbase Fined €3.3 Million in Netherlands, Exchange Considers Appeal EXCHANGES | 3 hours ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleCoinbase Fined €3.3 Million in Netherlands, Exchange Considers Appeal Next articleParaguayan Bitcoin Mining Companies Hurt by Power Rate Hikes of Over 50% More Popular NewsIn Case You Missed ItCentral Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year


The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament Fed"s Bullard Wants to Raise Bank Rate to 3.5% by Year"s End, Hints at 75 Basis Point Rate Hike Iran to Increase Penalties for Unauthorized Cryptocurrency Mining Terra"s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin