1. Service Overview I
Fandom Land Platform
1.1. Mission
Fandom Land's mission is to build a virtual world where community members (users) can create, own, share, and monetize music and fandom content using METABX, the platform's utility token.
Fandom Land establishes a blockchain system so that fandom, artists, and creators can secure copyright and acquire METABX without central control. Blockchain and Non-Fungible Token (NFT) are used to give all users the following benefits.
• Digital Ownership ㅣ: User are the true owner of digital items. The digital item, Asset, can be converted into a blockchain technology-based token, and users decide how to trade, sell, and transfer their items
• Security ㅣ Goods and services that are typically scarce and in high demand are vulnerable to fraud or theft, but blockchain uses distributed ledger technology to minimize these risks and provide security and security.
• Transaction control ㅣ NFT digital assets based on blockchain technology are attributed to the user, so that the user can store them separately in his NFT wallet and sell or purchase the assets freely, regardless of platform closure or invalidation of the value of items in the platform.
Also, METABX, which is used as a public currency within the platform, is a token based on the ERC-20 protocol, which will act as an official currency when using goods and services within the platform and ensure safety based on blockchain technology.
1.2. Fandom Land overview
Fandom Land is a metaverse world where music and fandom community activities can be performed without physical restrictions, and provides an exhibition space where music tastes can be archived, a community space for K-pop fandom, music game creation and play, virtual world music concert, and easy platform for asset trading.
In the metaverse platform where virtual space and social concepts coexist, users express and share music tastes in "Brox Map" and "My Room" and community activities centered on their favorite artists. We also expand our power for the fandom community of our favorite artists and secure rewards to support our favorite artists. Furthermore, you can enjoy content that other users are interested in or the created asset together. In addition, ownership is transferred to Asset and LAND transactions.
The main components of the fandomland include Asset Maker, a user-generated content tool (UGC Tool) that supports creators, Brox Map's 'LAND' and 'My Room', spaces that are unconditionally owned by all users, and METABX, which serves as the official currency of the ecosystem.
1.3. Asset Maker - User Generated Content tools(UGC Tool)
Fandom Land provides a tool to create, assemble, display, and share assets that can be utilized in Metabus, and it is a simple and intuitive user-generated content (UGC) production maker to support the creative ecosystem for creators.
Creators can create their own objects, their own fan art, etc., which will become asset items in the future, and launch and trade them in the global NFT marketplace. Asset Maker can digitize it as an NFT token with 'alternative' after production and retain digital ownership as a secure virtual token.
1.4. Brox Map's LAND and My Room – Place
1.4.1. Brox Map's LAND
LAND means a physical compartment in the AR-based Brox Map that exists on the Fandom Land platform. You can buy or rent for fan community activation and community rewards. LAND exists in a limited number on the Brox Map and is given one LAND per account by default. You can bring your own LAND into the fandom community and see the growing power and popularity of your fandom. In addition, METABX rewards depend on the size of the fandom community LAND, which can be used for your favorite artists. LAND is the foundation for creating, renting, communicating with the community, and collaborating.
The scale of each fandom is shown in the Brox Map, visualized on a GPS basis, and you can see its awareness and activity. In addition, LAND may lease or trade by NFT.
1.4.2. My Room
Another unconditionally owned space for all users, 'My Room', is a place where you can display your taste in 3D isometric's space or interact with other users and engage in community activities based on space. You can decorate the space by placing asset items, or you can call and display your favorite content into the space.
Users can decorate My Room with your own taste, but you can buy a space with a fixed theme, relocate, and decorate additional spaces.
1.5. Definition and Use METABX – Currency
1.5.1. METABX Definition
The MetaBrox (METABX) token plays a key role in the platform economy by itself as the currency used on the fandom land platform. Fandom content and any additional value can be converted into utility tokens based on the Ethereum ERC-20 protocol called METABX. It plays a pivotal role in the platform as a reward system that can activate music and fandom knowledge content and the fandom community. Proper compensation for content creation will motivate the expansion of the metaverse world and develop the ecosystem of fandom and healthily with transparent and fair management.
1.5.2. METABX Use
Fandom land access and use services Platform users use paid content services used within the metaverse, purchase music game play tickets, trade, creative activities, sponsorship and funding for artists, and so on LAND and ASSET. Create a circular economy for all users who interact with the platform (any platform users who produce and consume content)
Governance METABX has governance capabilities that enable holders to engage in platform decisions by borrowing the DAO structure. METABX holders can obtain the necessary voting rights to make decisions in the fandom community. In addition, METABX holders can delegate voting rights to other community members of their choice.
Platform Transaction Fee All transactions within the Fandomland platform will be partially charged METABX.
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