1/ @FayreLabs in a nutshell is creating a NFT loyalty card program for creators, brands n their fans. They are currently creating a dashboard for brands.
Think Starbucks using Fayre n create their own NFTs to be given to their frequent coffee drinkers which they get perks.
2/ Benefits of this is - Better interaction between the brands with their fans, business n their customers.
Transaction fees will be lower than other platforms which is 1% n by having the fayre card it’s reduced to 0.
3/ The roadmap consists of #Metaverse projects to have virtual land/asset marketplace n using #fayre as the native token.
Fayre will be a SaaS model for users.
4/ Tokenomics.
Private sale rounds have vesting of 9-24 months.
Team n advisors have 24-36 months vesting.
Longer vesting period reflects project’s intention to exist for a long haul.
5/ The CEO, Luis has been in the crypto space since 2013/14 with marketing background n was also involved with @BosonProtocol as the marketing manager.
Personally, I have confidence for deliverance of this project as @anishmohammed is also the advisor for Fayre.
6/ Anish has extensive experience as a cryptographer (one of the best in the world) he’s also the CTO for @ZKPanther n Boson Protocol.
Public sale is Q1 January 2022 🔥
Stay tuned!
#NFT #NFTs #NFTCommunity #IDO
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.