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Fabwelt (FWLT)

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Fabwelt is about innovation, it integrates the world of NFTs with the Gaming industry. Gamers and Artists are now one unit, exchanging digital entities with the help of FWLT tokens. The idea is to combine the advantages of blockchain technology and the reach of it to millions waiting for an opportunity.

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Overview

Project industryGaming & VR
Product typePlatform

What is Fabwelt

NFT as in-game utility

Fabwelt brings the NFT world and gaming together on the Polygon (previously known as Matic) Network. We do this by creating and integrating existing games on the blockchain where an NFT represents a game settings or game rule. An NFT has a specific setting and or rule that the owner can use in the games while they are playing it. Using these NFTs can give a player very specific but limited advantage over other players in-game match. For example, these advantages in a 3d shooter could be:

  • Infinite ammo for 5 minutes
  • Changing the level that’s being played from daylight to night
  • Freeze all opponents for 5 seconds
  • Change an overall rule like all payers standing still longer than 10 seconds loose
  • Give a player extra health or boost for an amount of time
  • These are just the tip of the iceberg of what a NFT could represent in a game. Fabwelt provides hundreds of different types of NFTs to use in-game with each with its own specific rule or setting. The NFTs and what they can do should be wisely chosen by the player as part of their game strategy based upon their opponents, level, tournament, etc.

    Fantasy game integration

    This type of game changing idea was incubated with the experience of participating in private and public platform conducting fantasy gaming. Over the years, it was noticed that it can be much more entertaining with satisfactory yields in the way of rewards. Currently fantasy league is limited to few users and almost absolutely no contact among fantasy players around the world, which makes it sometimes boring and users losing interest in participation. Fabwelt will bring the players together with live chats where players can joke, discuss, and troll each other. It will create a very healthy ecosystem which can eliminate many factors in one’s life such as stress, lack of information in sports, financial loses and many more to explore. Players can create online rooms while participate as anonymous players or even a group of friends, family and colleagues joining for enhancing fun and pleasure. Rewards will be distributed to each room winner in the form of tokens or NFTs. Daily rewards will be distributed depending on the type of sport and jackpots for the league winners. It gives Fabwelt the chance to provide users their freedom in all forms of deciding the rules and regulations. Also, many factors which even Fabwelt cannot think of.

    Details

    Public sales: Jun 17, 2021 - Jul 08, 2021
    Token supply: 500,000,000 FWLT
    Total tokens for sale: 355,000,000 FWLT
    Soft cap: 180,000 Matic
    Hard cap: 360,000 Matic
    Raised: 4,500 Matic

    Legal

    Blockchain Platform: Polygon
    Registration country: Germany
    Registration year: 2021

    Token info

    Ticker: FWLT
    Type: Utility-token
    Token standard: ERC-20
    Token price in USD: 1 FWLT = 0.003 USD
    Accepted currencies: MATIC
    Funds allocation:
    Staking rewards - 20%
    Development & marketing - 5%
    Bounty program - 4%
    Public pre-sale - 71%

    Project team

    BB SPIKE
    BB SPIKE
    Founder
    BB SPIKE twitter
    JESSE LAUTTALAMMI
    JESSE LAUTTALAMMI
    Co-Founder
    JESSE LAUTTALAMMI twitter
    ABHISHEK PEGADA
    ABHISHEK PEGADA
    CEO
    ABHISHEK PEGADA linkedin

    Advisors

    Praveen Gujjari
    Praveen Gujjari
    Consultant
    Vivek Sahu
    Vivek Sahu
    Footlocker Devops Engineer
    Abhishek Sharma
    Abhishek Sharma
    Punch Powertrain PSA e-transmissions Controls Engineer

    Social media

    Fabwelt web-siteFabwelt RedditFabwelt MediumFabwelt TelegramFabwelt InstagramFabwelt LinkedInFabwelt TwitterFabwelt FacebookFabwelt Github

    User rating:

    5/5 ( 1 )
    1

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