The Future With FanFi | XWG & Dream Idols
The future of the decentralized entertainment industry is here with FanFi
With GameFi, Defi, and SocialFi, it seems like crypto’s biggest output behind currencies is the advent of new financial protocols combined with Web2 industries.
Beating others to the punch, the team at X World Games and Dream Idols have coined a new term to describe the general direction that we plan to take in the upcoming years.
“FanFi”, which stands for “fan finance” will combine the traditional Web2 entertainment industry with Web3 technologies in order to offer fans a more direct, decentralized way to support their favourite entertainment groups.
Where did FanFi Come From?
It all started with the conception of the Dream Idols project. The team decided that a new term was needed to describe the fan economy system beyond the scope of what “SocialFi” covered.
After analyzing the fan practices from western and eastern entertainment industries, the team came to the conclusion that these “fandoms” conducted themselves in a way that separates them from regular social media culture.
Merchandising was exceedingly popular, self-produced content focused on their favourite idols as opposed to themselves and some had even begun to use new terminologies to communicate amongst one another.
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Fans of individuals or groups do not just enjoy the content, they become content ambassadors as well. They operate passionately on a system of dedication, not reward, and that is precisely where the Dream Idols team found their opportunity.
How Will FanFi Work?
By connecting Web2 fandom culture with Web3 technologies, the Dream Idols team has helped bridge the gap between the past and future of the entertainment industry.
With the Dream Idols project, fans will have the freedom to join/create their own fandoms however they like, similar to how Web2 fandoms operate. The added benefit of Web3 comes in with NFT merchandising, staking and concerts hosted in the metaverse!
Online concerts will become a mainstream event with tickets doubling up as proof-of-attendance NFTs. Staking will exist on FanFi platforms to provide dedicated fans with regularly occurring rewards. Essentially, the future of fandoms is to be rewarded for your spirit!
FanFi & Dream Idols
Dream Idols will be spearheading the rise of FanFi in the blockchain space. The team is dedicated to making an authentic fan experience for all users, new and old!
The team has already built the Dream Idols fan platform at dreamidols.fans but what’s coming up next will cement the Dream Idols team as FanFi leaders.
A LIVE metaverse competition-style concert featuring REAL trainees is arriving spring of 2023. The Dream Idols’ social media will be full of content with more details on how you can participate in this awesome event.
The future of FanFi is with Dream Idols, and you’re invited.
About Dream Idols
Dream Idols: Fantasia ⭐ is Web3’s first virtual idol group performing exclusively in the Metaverse. Supported by cutting-edge motion capture and VR technology, the Dream Idols project aims to establish the future of the Web3 entertainment industry with idol performances. The Dream Idols project is incubated by X World Games.
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