Innocus Global Group, the company behind the Fellaz project, a Singapore-Based Web3 entertainment ecosystem, announced its investment in Fingerlabs, a blockchain company owned by FSN, a South Korean digital marketing powerhouse. The investment discussion began in October during a meeting between FSN’s president, Lee Sang-Seok, and Fellaz CEO, Bobby Bhatia.

Through this strategic investment, Fellaz aims to solidify its position as a Web3 entertainment service provider by leveraging FSN’s market-ready solutions and expertise in blockchain businesses. FSN has an impressive track record in working with market-dominant Web3 projects and collaborating with established brands in the South Korean entertainment and commerce industry.

The collaboration between Fellaz and Fingerlabs will involve various initiatives, including the development of NFT membership solutions, production of entertainment brands, and the incorporation of Web3 technology into real-life (IRL) events. Fingerlabs will join Fellaz as a prominent technology partner, and this partnership will help Fellaz expand its global reach by entering the Korean blockchain industry.

One of the immediate projects resulting from this partnership is the development of new NFT use cases in the cultural industry. Fingerlabs’ Favorlet blockchain wallet will be used to store and authenticate NFT memberships and tickets for a global music festival organized by Fellaz, scheduled for March next year.

Lee Sang-seok, CEO of FSN, expressed excitement about the investment, stating that it aligns with their vision to expand globally. Bobby Bhatia, CEO of Fellaz, praised FSN as the best digital marketing corporation and Fingerlabs as a market-dominating pioneer in the Korean blockchain scene. Bhatia sees the collaboration as an opportunity to maximize each company’s strengths and influence in the blockchain industry.

Innocus Global Group, as a blockchain technology partner, has invested in and strengthened cooperation with companies worldwide. This investment in Fingerlabs further enhances Fellaz’s technology partnerships and paves the way for its entry into the Korean blockchain industry.

About Fellaz: Fellaz is a Singapore-based multichain Web3 entertainment ecosystem that offers content production and distribution for the metaverse, NFT solutions for artists, and a decentralized fandom community infrastructure. Fellaz aims to help businesses, creators, and fans transition into the Web3 entertainment space by integrating metaverse, decentralization, and NFT blockchain technology with original content and Web3 diversification.