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

Galaxy Research warns of sustainability issues for Bitcoin layer-2 rollups
Amaka Nwaokocha10 hours agoGalaxy Research warns of sustainability issues for Bitcoin layer-2 rollupsThe future of Bitcoin rollups will depend on continued innovation and optimization in data compression and scalability.
Shiba Inu Price Watch: 60% Rally Catches Whale Attention – Is More Growth Ahead?
Este artículo también está disponible en español. Shiba Inu (SHIB) has had a significant surge this week, with its price increasing by over 60% in the last seven days. Th
Blockchain and AI: Redefining authorship in publishing
Savannah Fortis10 hours agoBlockchain and AI: Redefining authorship in publishingThe CEO of Booksie, Sol Nasisi, spoke with Cointelegraph about a future he envisions where blockchain and AI empower authors and work toget
William Suberg21 minutes agoBitcoin Bollinger Bands hit key zone as BTC price fights for $27KBTC price is at a decision point within the context of the Bollinger Bands, but only time will tell whether Bitcoin can muster
Yashu Gola12 hours agoWhy is Litecoin price up today?Litecoin price is up today as traders continue to remain bullish about the upcoming halving event.14226 Total views173 Total sharesListen to article 0:00Altcoin WatchJ
Joe Hall12 hours agoFrom rugs to riches: UK carpet retailer to adopt Bitcoin standardWith U.K. inflation running high and sluggish banking interest rates, small businesses are turning to novel solutions to save money.134
Digital Currency Group first-quarter revenue jumps 51% despite GBTC outflows
Ana Paula Pereira4 hours agoDigital Currency Group first-quarter revenue jumps 51% despite GBTC outflowsRevenue at Digital Currency Group (DCG) increased 51% to $229 million in the first quarter of 2024, driven by the re
Nicehash Software ‘Fully Unlocks’ Nvidia’s Hashrate Reducing Technology
Nicehash Software "Fully Unlocks" Nvidia’s Hashrate Reducing Technology On Saturday, the cryptocurrency mining platform Nicehash revealed the company has “fully [unlocked]
Defi Platform Compound Bug Allows Users to Claim $88 Million in Tokens
Defi Platform Compound Bug Allows Users to Claim $88 Million in Tokens Compound, one of the trademark defi protocols on the Ethereum blockchain, is experiencing a bug that allows u
Bhutan’s DHI to offset halving effects with Bitcoin mining upgrade
Ezra Reguerra10 hours agoBhutan’s DHI to offset halving effects with Bitcoin mining upgradeDruk Holding and Investments and mining firm Bitdeer will increase their mining capacity in Bhutan sixfold before the Bitcoin h
Gas DAO Project Forms to Airdrop Tokens to Ethereum Users That Spent $1,559 in Fees
Gas DAO Project Forms to Airdrop Tokens to Ethereum Users That Spent $1,559 in Fees A new type of airdrop has been very popular during the last quarter of 2021 as quickly assembled
Court denies Kraken’s motion to dismiss SEC lawsuit
Alex O’Donnell3 hours agoCourt denies Kraken’s motion to dismiss SEC lawsuitThe SEC alleges Kraken is operating an unregistered securities exchange.606 Total views2 Total sharesListen to article 0:00NewsOwn this piec