NFTs have become the new muse of the advertising and branding world as they moved USD 21 billion last year. NFTs are a digital record of ownership for an item, such as artwork or collectible. NFT avatars can display people’s actual or imagined personas in the Metaverse; therefore, we can claim that NFTs can help build the social aspect of the Metaverse.
Fancy Bears Metaverse
Sibiga, an NFT pioneer, is the founder and CEO of Fancy Bears Metaverse— a new NFT platform. The Fancy Bears Metaverse (FBM) comprises 8888 PFP (profile photo) NFTs. Fancy Bears Metaverse (FBM) is a Binance Smart Chain-based cryptocurrency (BSC BEP-20), a decentralized financial payment network that uses Blockchain to recreate the traditional payment stack. In FBM, the basket of fiat-pegged stable coins encourages programmable expenses and open economic infrastructure development, which is stabilized algorithmically by its reserve currency FBM.
The FBM collection was unveiled on January 6th and sold out in under 8 minutes. Fancy Bear holders have a variety of perks, including personalized apparel, invitations to exclusive parties in the Metaverse, voting rights, and a profit share in the DAO Fund. Currently, Fancy Bears can be traded on the Opensea platform.
Quick reminder: all the Bears are invited to the Metaverse Party which is taking place today 👀
— Fancy Bears Metaverse (@FancyBearsMeta) January 20, 2022
All the Girls Love Fancy Bears song will have it’s premiere tonight! 🔥🐻🚀
Links will be distributed on Discord at 8 PM CET / 2 PM EST 🤝 pic.twitter.com/sc8Dgrza9A
Fancy Bears Metaverse History
Fancy Bears is the recent PFP initiative that emerged from Central Europe. In November, Fandise and Bartek had the idea of launching their own PFP NFT project to accomplish specific goals by focusing solely on developing its community and becoming the most democratic project in the blockchain. Fancy Bears Metaverse was born with the vision of creating unique artwork and many solid fundamentals and utilities where the people will be able to utilize their network, experience, and resources. With the months of hard work put on by Fandise and Bartek, they succeeded in introducing the Fancy Bears Metaverse. In January, it was first kept on sale, and during the time of fewer than eight minutes, 8888 bears were sold.
Fanadise created Fancy Bears Metaverse intending to be dedicated to celebrities, social media, entertainment, and vast numbers of bears. It had a motive of providing to the community and subscribers of the Fanadise by making ways to interact with their favorite idols, which was not possible before. Fancy Bears already had two phases,
Phase I
In phase, I of Fancy Bears and numerous Fancy Forest Friends resided in the Fancy Paradise Valley, which was packed with honey, bees, and apiaries. Unfortunately, the happy times were followed by the bad times. Large portions of the Bear Paradise were destroyed by a massive downpour that lasted 1000 days. After the rain stopped, bears scattered, bees flew away, apiaries were ruined, nothing was the same. Frightened and sorrowful bears huddled in their caves.
Phase II
In Phase II, Fancy Bears Metaverse introduced the farming system, in which the Fanadise’s subscribers will stake Bears and Jars to farm more $HONEY to level up their character.
PHASE I $HONEY GRAPH 🔀
— Fancy Bears Metaverse (@FancyBearsMeta) February 26, 2022
Only two days left until all Fancy Bears will be able to claim the Honey Jars with $HONEY inside 🍯
PHASE II & III (full scale NFT 2.0) will be revealed in March 🔥
RT if you believe it’s a game changer for the whole NFT space 💫 pic.twitter.com/trnTh4SnvG
There was a limit to the amount of honey produced, and the farming contract enforced this limit. If the member has too few Jars or too much honey, they will not be able to create anymore. After Phase II, the combination of DeFi, ERC721, ERC20, and gaming combined with the Fancy Bear’s culture and fantastic community allowed the members to enter the new era of NFTs.
Phase III
The upcoming phase is Phase III, and it all lies in the hands of the members of Metaverse.
Who is eligible to buy Fancy Bears?
The nice thing about Fancy Bears, and NFTs in general, is that they are the great equalizer: everyone can buy one, from celebrities to regular people. We regard it as the ideal democratic members’ club, and everyone’s invited. We bring together sports, celebrities, business leaders, cryptocurrency enthusiasts, and anybody else who wants to join the family.
The Purpose of Fancy Bears Metaverse
The Fancy Bears Metaverse will be dedicated solely to social media, celebrities, and entertainment, with plenty of bears thrown in for good measure. Fancy Bears will give Fanadise’s community and subscribers unprecedented access to their idols. Fancy Bears Members would get unique access to the club’s participants, including artists, top athletes, influencers, celebrities, and Nobel Laureates. They would also be invited to important events like concerts, parties, and festivals with their favorite celebrities, all of which would occur within the Metaverse. Fancy Bears is not simply a PFP project with outstanding artwork but also a non-fungible space avant-garde.
The Goal of Fancy Bear Metaverse
The mission of Fancy Bear Metaverse is to develop a new Metaverse that brings together the most incredible people on the planet. As much as 30% of all revenues will be returned to the community as a rewards fund, allowing everyone to win supercars, vacations, collectibles, and even a trip to the moon. The remaining money will be used for development so that they can take the whole of their members to the metaverse using the Fanadise 3D scanner.
Merits of Fancy Bears
Who would not want to have exciting benefits after becoming a member of Fancy Bears Metaverse? Being part of the Metaverse is not so dull as Fancy Bears has numerous merits, such as the user will gain access to the Metaverse club and Metaverse Land, which has 3D scanning enabled. A fantastic thing is that Fanadise has its 3D scanning technology, so there are no loopholes. Likewise, 30% of the royalties will be directly received by Fancy DAO, the owner of ETH, NFTs, and other assets. These days every club has its merch, and so does Fancy Bears, and it is a cool Unique Bear Swag t-shirt. The member can get a Unique Bear Swag t-shirt with your Bear after three months, and in 6 months. The member can also get a Unique Bear Swag hoodie, and when it is free of cost, it is more worth having.
Metaverse club also has exciting special offers from the brands that have collaborated with their clubs, such as Samsung and Loreal. The member will also be eligible to have Honey and Honey Jars in their Airdrop as the member can use Airdrop for customizing their Bear and can have added new features and gain more NFTs. Likewise, who would not want to have parties and meetups with the renowned celebrities of the town? Metaverse clubs are known for organizing the most incredible parties with numerous celebrities. Furthermore, the Fancy Bears Metaverse members have exclusive commercial rights to your NFT, and the artwork belongs to that particular member alone. Last but not least, it is entirely up to the members how they want to use their Bear. So why not become a member with all these excellent benefits?
How can you invest in Fancy Bears Metaverse?
The pre-sale and public sale of Fancy Bears have already ended, so OpenSea is the only place where you can get your Fancy Bear. The simple steps to buy the bear are:
- Visit Metamask website (https://metamask.io/).
- Click on Download Now
- Create a wallet and not forget to write down the seed phrases
- The member needs to add $ETH in their wallet else they can send it directly to their wallet via exchange.
- Visit Fancy Bears collection on OpenSea https://opensea.io/collection/fancybearsmetaverseofficial
- Connect the wallet
- Pick the fancy Bear you desire.
- Finally buy the bear.
With a 24-hour trading volume of $28,821.07(at the time of writing this article), Honey (Fancy Bears Metaverse)’s price is $0.036417548904. There was a 0.6% decrease in the price of $HONEY in the last 24 hours. April 10, 2022, was the all-time high for Honey (Fancy Bears Metaverse) with a price of $0.043621659571. For the very first time, the price of Honey (Fancy Bears Metaverse) fell to $0.033343004496 on April 09, 2022. Honey’s (Fancy Bears Metaverse) 24-hour trading volume is $28,821.07. Uniswap allows you to trade Honey (Fancy Bears Metaverse) (v2). The more Bear you have, the more honey you can get.
How can businesses benefit from PFP NFTs?
PFPs provides a fantastic opportunity to enter the new technology era of Web 3.0 while also establishing a distinct community and corporate personality. Within the secure area you create in the Metaverse, businesses may form new collaborations and get direct feedback on new goods before they go to market.
What’s next for the Fancy Bears?
If the members have invested $HONEY in their Bear, their tokens will return to them once the bear is put in for the work. In the upcoming future, more Honey Jars will be available in the form of prizes in various challenges and contests. Fanadise will airdrop only half of the $HONEY tokens and 45 percent of the supplies will be waiting for being harvested.
Fancy Bears allow owners to decide everything from which projects to invest in and where the next International Rally League event should be held. By granting holders such a high degree of control, it begins to veer away from being purely digital art and into the realm of gaming – where no decision is incorrect, but not every decision is successful. Consequently, the fate of PFP communities is in the hands of their holder organizations, which have a vested stake in their success. When combined with the intrinsic loyalty and sense of belonging that comes with being a part of a tight community, projects like Fancy Bears will survive and prosper after a market meltdown since only enterprises with actual underlying value will rise to the top of the heap.
Nilesh Katuwal
Writes about blockchain, games, NFTs, DeFi, Metaverse, and Crypto.