The first Fansland Web3 Music Festival will be held in Bangkok on May 4th

Industry Express
2024-04-24 17:01:48
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The first Web3 Music Festival hosted by Fansland will be held in Bangkok from May 4 to May 5. The event partners include Fantopia, IME, Neo, Neuroblocks, Hape, BAC Games, LingoAI, NOTHING RESEARCH, Transi, Titan Network, Trip.com, Trekki NFT, OneKey, HPOS10I, IOST, NFTGo, Gonesis, and the NFT special support partner BNB Chain.

The first Web3 Music Festival hosted by Fansland will be held in Bangkok from May 4 to May 5, with partners including Fantopia, IME, Neo, Neuroblocks, Hape, BAC Games, LingoAI, NOTHING RESEARCH, Transi, Titan Network, Trip.com, Trekki NFT, OneKey, HPOS10I, IOST, NFTGo, Gonesis, and the special NFT supporting partner BNB Chain.

Currently, confirmed performers include PSY, BKPP, Liu Xianhua, Park Chanyeol, Edison Chen, 24KGOLDN, Gen1es, etc., and the final round of NFT tickets is on sale. So far, Fansland has raised nearly ten million dollars from companies such as IME, Linear Capital, Eleve Capital, and Falablock to develop the Fansland.AI ecosystem, which includes AI virtual idol DEX, Web3 music festival, NFT tickets, and real-world asset DeFi (RWA DeFi).

The First Global Fansland Web3 Music Festival

"A billion-fan-level Web3 application in real life"

The Fansland Web3 Music Festival is a bold attempt within the Fansland ecosystem. It aims to create the largest Web3 music festival in the world, expanding the application of Web3 from the virtual world into real life, building a genuine large-scale application scenario that allows more non-Web3 users to seamlessly enter the world of Web3.

The festival adopts an NFT ticketing system, processing ticketing through blockchain technology, tokenizing music products and experiences, and allowing the use of cryptocurrencies to purchase goods and services on-site. For non-Web3 users, this is the first stop on their journey into the crypto rabbit hole. They will be able to experience the use of cryptocurrencies firsthand, as well as the unique crypto culture. Through the music festival, cryptocurrencies and NFTs are no longer limited to on-chain financial games but possess real purchasing power.

At the same time, the festival provides a performance stage in the real world for already debuted AI idols. These AI idols will not only perform live at the festival but also share a portion of their performance income with the holders of their idol tokens. The Web3 music festival will be an important part of achieving a decentralized fan economy commercial closed loop.

NFT Tickets and RWA DeFi

Fansland's NFT ticketing system has completely revolutionized the ticketing model for traditional music festivals and concerts. By minting tickets as NFTs, it effectively addresses common issues such as counterfeit tickets and scalping, while also endowing tickets with unprecedented economic value. These NFT tickets serve not only as entry passes to performances but also connect to the Fansland ecosystem, allowing ticket holders to participate in a points system and potential token airdrops, significantly enhancing the added value and appeal of the tickets.

The combination of NFT tickets and RWA DeFi strategies transforms music festivals and concerts from mere one-time spiritual consumption into assets that can circulate in the secondary market. Participants can engage with the Fansland ecosystem through NFT tickets, exploring derivative DeFi gameplay, further unlocking the economic and investment potential of ticket assets, thus turning consumption into investment.

About Fansland

After a busy day, you return home exhausted and activate your Fansland AI idol companion, sharing your day's experiences with it. It not only listens to your troubles but also sings the latest album for you, instantly relieving your stress. Even more exciting, it invites you to attend the upcoming live performances and exclusive meet-and-greet at the music festival. Just as you immerse yourself in this special joy, your phone pings, "Ding ding," showing that you have earned more Fansland points through your interaction with the AI idol, and the price of your idol Badge token has risen, meaning your investment in idol assets has yielded more returns. This is the future fan economy that Fansland.AI intends to build. By integrating Web3 and AI technologies, it aims to create the best DeFin (Decentralized Fans Economy Infrastructure) for global fans—decentralized fan economy infrastructure that redefines fan economy and opens a new era of co-creation between fans and idols.

The Fansland.AI ecosystem includes several major areas such as AI virtual idol cultivation, Web3 music festivals, NFT tickets, and real-world asset DeFi (RWA DeFi), providing fans with an unprecedented participatory experience, allowing everyone to personalize and create their own AI idols, enabling deep interaction between fans and idols, co-creating the debut and growth of idols, and receiving both material and spiritual rewards.

Fansland.AI Virtual Idol Cultivation

"Fans as agents, the never-ending creation 101 in the web3 world"

In the traditional idol cultivation system, centralized agencies control the entire process from selection to debut, holding absolute power and taking the majority of profits. Fans are merely passive consumers at the end of the economic chain, unilaterally powering their love, with a distant relationship from the idols. Fansland will completely overturn this model by building a new interactive mode between fans and idols through its AI idol launch platform and decentralized exchange, returning the benefits that were originally taken by centralized agencies directly to fans and idols, creating a new idol economy era where fans are agents.

AI Idol Launchpad

The Fansland AI Idol Launchpad is a revolutionary decentralized AI idol cultivation platform that covers the entire process from AI idol creation to training and token issuance. Here, fans are no longer just spectators but participants and beneficiaries in the idol's growth journey, directly influencing the idol's career development and sharing in the success. With decentralized AI technology, fans can cultivate their own idols and engage in deep interaction with them. By collaborating with leading decentralized computing power and large model training projects, Fansland will provide rich AIGC tools to support individual creators, artists, or creative teams to freely create and customize the appearance, voice, and personality of AI virtual idols on Fansland. Additionally, Fansland has launched a real-person AI feature to create AI virtual avatars for real-world stars.

The debut of the idol and the issuance of its exclusive Badge token are entirely determined by community users. By initiating proposals and mobilizing community members to vote using the $FANS token on the Fansland platform, they collectively decide the idol's future. Once a proposal is approved, the idol token will be issued in limited quantities, and the idol's debut will be officially announced on the Fansland AI idol platform. Holders of the idol token can not only enjoy dividends from the idol's participation in commercial activities (such as endorsements, concerts, music festivals, etc.) but also participate in the training of the AI idol, vote on the idol's future development plans, and enjoy a series of deep interaction opportunities, including private meet-and-greets. As the popularity of the AI idol grows and the value of the idol Badge token increases, fans as token holders will also directly benefit from the idol's success.

The Fansland AI Idol Launchpad not only provides idols with powerful personal IP empowerment, helping them bypass traditional centralized platforms to connect directly with investors. It also allows fans to directly participate in the cultivation and operational decision-making of idols, co-creating the idol's career and receiving returns, truly achieving a two-way engagement between idols and fans.

AI Idol DEX

The AI Idol DEX is a decentralized trading platform within the Fansland ecosystem, allowing users to freely trade AI idol tokens and unlock a series of DeFi gameplay.

The AI Idol DEX uses an AMM model and is deployed on multiple blockchains. Fansland's AI Idol DEX has improved the mathematical formulas, allowing liquidity pools to contain two or more types of tokens, increasing trading flexibility and reducing the risk of impermanent loss. Additionally, users can create custom liquidity pools, setting different ratios and fee rates for idol tokens. These pools will continuously and automatically rebalance the ratios of the tokens within them.

The DEX also adopts a VE model, where users holding Ve tokens can not only participate in proposal voting and share protocol revenue but also receive higher liquidity mining rewards. Furthermore, the DEX introduces enhanced liquidity pools, collaborating with leading lending platforms to utilize idle funds in the pools for lending, thereby generating additional interest income.

As a result, users holding AI idol tokens can obtain various DeFi combined returns, such as DEX liquidity pool trading fees, liquidity rewards, lending interest, and liquidity rewards from lending platforms. This greatly enhances the efficiency of capital use and potential returns.

The fair and transparent trading environment of the AI Idol DEX effectively reduces the control of traditional centralized agencies and platforms over the idol market. This enables fans to directly participate in the economic activities of idols, transforming their roles from passive consumers to active investors and profit sharers through various revenue mechanisms. This not only strengthens the close connection between fans and idols but also significantly enhances the participation and vitality of the fan economy, injecting new momentum into the entire fan economy ecosystem.

Fansland Economic System

The Fansland ecosystem has built a diversified economic system that integrates various assets such as tokens, points, NFTs, and more into its combined gameplay, greatly increasing the liquidity and diversity of the fan economy while providing practical application scenarios.

Currently, the Fansland ecosystem has four major asset types: platform token $FANS, AI idol tokens, Fans points, and NFT ticket assets.

As a governance token, $FANS grants holders multiple rights, including voting on whether AI idols debut, participating in the initial issuance of idol tokens, and staking mining activities. These tokens can be obtained through Fans points redemption, participating in airdrops, initial token offerings (IDO), or purchasing on major cryptocurrency exchanges. To maintain the token's value, the Fansland official will regularly buy back and burn $FANS using treasury funds. Fansland will launch $FANS token airdrops in the future, so stay tuned.

Once an AI idol gains community support and sufficient votes, its idol token will be issued in limited quantities through the Fansland AI Idol Launchpad. The launch process adheres to the principle of fair launch, with no pre-reservation, pre-mining, or private placements by the team. A portion of the launched tokens will be allocated to support ecosystem development, while another portion will be used to enhance liquidity. Users holding Badge tokens can not only participate in the idol's commercial activities and receive dividends but also engage in idol training, vote on future development plans, and enjoy deep interaction rights such as private meet-and-greets. Idol tokens can be freely traded on Fansland's AI Idol DEX and can be used for liquidity mining participation.

Fans points are the basic asset and proof of participation within the Fansland ecosystem, serving as an important reference for future airdrops of platform tokens. Fans points can be redeemed for $FANS tokens based on a dynamic ratio, unlocking various services such as AI idol customization and deep interaction features. These points can be earned by purchasing Web3 music festival NFT tickets, completing official tasks, participating in community activities, or directly using $FANS for redemption.

NFT ticket assets mainly include tickets for music festivals and concerts, which serve not only as important credentials for participating in Fansland's offline activities but also unlock various products and services within the ecosystem. Additionally, fans holding NFT tickets can enjoy extra benefits such as token airdrops, points airdrops, and future whitelist qualifications.

Conclusion

By building a decentralized fan economy infrastructure and ecosystem, Fansland is breaking the traditional roles of fans, expanding the boundaries of entertainment and participation, allowing every fan the opportunity to become a co-creator and partner of idols. A new era of fan economy is about to unfold!

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