ForChain Labs raised 2 million at the seed. The company will use funds to develop and run Fortune Unicorn Club. Forchain labs comprise four main segments: Industry, Technology, Finance, and Web 2. It has 198 portfolio companies and Three billion in assets. ForChain Labs is one of VCs’ first web3 company backers.
Fortune Unicorn Club allows people to select a trait during mint. It has 500+ high-quality 3D characteristics for people to assemble their FUC avatar. Minter decides what looks like a FUC avatar and will be the avatar creator. They will receive 3% royalties on the avatar.
Metaverse and AR are in FUC’s roadmap. The team believes there is a better way of selling holders than creating an outright metaverse. Instead, they will bring holders eternal value by building its compatibility and adapting FUC avatars into increasingly popular metaverses.