Fun

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

News Feed
Ana Paula Pereira6 hours agoG20 moves forward with international crypto frameworkThe upcoming framework will affect users in several countries by automatically exchanging information about crypto transactions between jur
2023-09-10 02:09 AM
Ripple partners with National Bank of Georgia to digitize economy
Helen Partz12 hours agoRipple partners with National Bank of Georgia to digitize economyRipple continues to deepen its CBDC collaboration with the Republic of Georgia by exploring ways to digitize the local economy.5175
2024-06-10 20:11 PM
Marathon Expands Miner Deployment Deal With Compute North, Aims to Power 100K+ Miners With Renewables
Marathon Expands Miner Deployment Deal With Compute North, Aims to Power 100K+ Miners With Renewables Marathon Digital Holdings, a Nasdaq-listed bitcoin mining-based company, has a
2021-12-03 18:30 PM
‘SEC Will Stop at Nothing to Control Entire Crypto Space,’ Says Former Federal Prosecutor
"SEC Will Stop at Nothing to Control Entire Crypto Space," Says Former Federal Prosecutor A former federal prosecutor says that the U.S. Securities and Exchange Commission (SEC) &#
2021-09-09 10:30 AM
Russia Mulls Gold-backed Stablecoin, Lawmaker Confirms After Iran Visit
Russia Mulls Gold-backed Stablecoin, Lawmaker Confirms After Iran Visit Russia may issue a stablecoin backed by gold to use in international settlements, a high-ranking member of t
2023-01-27 08:30 AM
South African Crypto Token Holders Concerned About Status of Funds, Unable to Withdraw as Promised
South African Crypto Token Holders Concerned About Status of Funds, Unable to Withdraw as Promised A group of South African cryptocurrency investors have voiced concerns about the
2021-11-14 04:30 AM
Cash2Bitcoin CEO Ayman Rida Explains Why Merchants Set up a Bitcoin ATM, Compliance and Regulation
Cash2Bitcoin CEO Ayman Rida Explains Why Merchants Set up a Bitcoin ATM, Compliance and Regulation Established in 2016, Cash2Bitcoin.com is one of the largest and fastest-growing c
2021-12-21 21:00 PM
UK body proposes property category for crypto assets, SEC sued over status of NFTs: Law Decoded
Josh O"Sullivan2 hours agoUK body proposes property category for crypto assets, SEC sued over status of NFTs: Law DecodedThe Law Commission’s final report urges the UK government to reclassify crypto assets, addressing
2024-08-06 15:04 PM
Quicknode Raises $60 Million in Series B to ‘Fuel Blockchain Adoption’ and Expand Globally
Quicknode Raises $60 Million in Series B to ‘Fuel Blockchain Adoption’ and Expand Globally Web3 infrastructure firm Quicknode raised $60 million in a Series B funding round, ac
2023-01-25 02:30 AM
Billionaire Jeffrey Gundlach Says He Wouldn’t Be Surprised at All if Bitcoin Falls to $10K
Billionaire Jeffrey Gundlach Says He Wouldn"t Be Surprised at All if Bitcoin Falls to $10K Doubleline Capital CEO Jeffrey Gundlach, also known as the “bond king,” say
2022-06-17 10:30 AM
Binance, Coinbase Explain Why Cryptocurrency Won’t Help Russia Evade Sanctions
Binance, Coinbase Explain Why Cryptocurrency Won"t Help Russia Evade Sanctions The chief executives of two major cryptocurrency exchanges, Binance and Coinbase, do not believe that
2022-03-07 13:30 PM
Miami’s Mayor Considers Putting Some of City’s Treasury Reserves in Bitcoin
Miami"s Mayor Considers Putting Some of City"s Treasury Reserves in Bitcoin Miami Mayor Francis Suarez is exploring putting a percentage of his city’s trea
2021-01-04 11:30 AM