Are u ready for social Money? // FYOOZ and the change of structure in the Media

Cryptoduckling
6 min readJan 8, 2021

Got the urge to write sth, been a while since my last post.

I had many days where i thought i really should write sth about Fyooz.io and why i felt in love with it. As crypto markets mature, and we re moving on into a stage of adoption on the wide market i decided to write n post this here today. Just for that a few questions of the community can get theirs answers because once i fell in Love with sth. i am diggin really deep into it.

So, hey , ho.. Lets go!

Fundamentally, there is a lot to say about at this level. First of all, Fyooz got founded in september 2020 in switzerland and is steady evolving since. I will share as much knowledge as I have with u here.

Fyooz.io offers a marketplace (and surely an APP for IOS and Android) where tokenized stars(which get onboarded through FYZ), brands, celebretys etc. can be traded with each other.

The Idea is quite simple, as we all feel the urge to get socially connected to each other this network effect also includes Stars/Celebs etc. (Lets think a moment of Justin Bieber and his groupies for example) There is a strong feeling underlying in each of us, to be connected with the things/persons we love/like to get closer to each other. Thats basically the Idea of FYZ and why its called social Money. Basically, u can pay to be closer to your Idols/Brands (whatever). Fair point? so far? Yes. But there is still a missing point, nobody wouldnt invest only in a token without a connection behind it to what we want to get connected to. For that usage, there are several benefits offered through the star token. Could be for example, the possibility to be in the next music video of the star token you re holding. Video calls, breakfast with your Star, party hard together, meeting, visit a set of the next movie of your star, get the music instrument which has been used on a gig, backstage tickets.. etc. etc. Thats the point Fans want to get to. And imo thats the point what is badass here. The Network Effect those things can create and the hype among fans. (Plus people who want to invest in the Fame of Persons, here it is)

-> So far, the vision of the project should be clear now.

Usage of the (native)token FYZ

For using the plattform, anything runs through theirs token FYZ. U want to buy some tokens of Arianna Grande because its finally a choice to meet her in person? Get some FYZ, trade em for her tokens and get the benefits u want to have.

There is the possibility to buy even star tokens with Fiat, through Credit Card for example. The most important thing to know here, every!!! Buy.. yes.. every single one. Will be even if u are goin into it with Fiat.. is a buy FIRST into FYZ and than tradet against the Star Token as FYZ is the Underlaying structure u need to get to have access to it. (Endusers wont even notice, check out the APP in your favorite appstore, its beautiful and worth the time to have a look at)

How do stars get onramped? (What are their benefits to join the plattform?)

Its easy, basically FYZ is handling it. From the sale, through the marketing etc. For an example, we talk about Lil Yachty now, a famous US rapper who took the first step into the plattform launching his Yachty Token. As there were two questions popping up in my head as the sale occured, we gonna take a look at those questions and the answers.

How the fuck is he gettin money? Whats happens to the cash collected in the Sale?

They collected more than 300k USD with the sale of his token. First to say, every buy is a buy into FYZ here aswell. In this case the deal(from what i found out) has been handled 50/50. means: Rapper got 150k USD and Fyooz got 150k USD aswell. (Investors will recognize here, that they are very profitable as a start up since that day. One fair point most cryptocurrency startups out there are aiming for since 2016.. and most still havent archieved till now) For me as an Investor this is a major point what makes me believe into Fyooz, there will with enough stars be enough money for them to grow their buisness. So the token demand will rise. And so does the token price.(Because it is used for nearly everything onto the plattform)

I know its a good point, but there is sth to add here. (which i like even more) those 50% the rapper got paid, are also splitted into two pieces of cake. There is one piece of USD he gets(50%), and aswell a piece of FYZ he gets(50%). Making him a tokenholder(of a big fat bunch of tokens aswell.(disclaimer, they are locked and will be vested after a period of time.)

Long story short, we have a profitable cryptocurrency startup here(with a really small marketcap) -> Which is good for my risk/reward ratio as it gets a longe vita with each star launching on it.

As i told u, we gonna take a deep dive into the project here so lets focus for now on “How to attract stars/brands/celebs?” to get a steady flow of Fyz running through the plattform and a wider recognition in the media(Which is necessary important for a buisness that kind to be successfull in the long term)

Two (okay, possibly three) individuals, known world wide in the Space of celeb. managers popped up to be advisors for FYZ recently. We gonna talk about both(nah we gonna talk about them three)

First of all, Mr. Dre London, manager of: Post Malone, Tyla Yaweh, Dzeko, Tank God, and other hip hop music artists. (BIG BOY HERE)

Second Mr. Sam Manhanga: Experienced manager in the Music world, currently working for Spotify, absolute marketing genious, very very well connected into Hardcore prominents. (Brings a lot of connections to artists who are onto Spotify) (BIGGEST BOY / Hes really a tall, kind looking giant. :-) )

Now we come to the speculative third person i mentioned earlyer. Sams Brother. Name, Scooter Braun. ( Sam got adopted by Scooters parents) Artists: Justin Bieber’s longtime manager, Ariana Grande, Kanye West, J Balvin, Carly Rae Jepsen, Psy and others. (BIG BIG BOY)

Usually i would write here onto how things are connected, and what this means to the project.. But i decided its up for your own brain to connect the dots between those Individuals and the possible outcome for Fyooz. (Have i told already that i love the network effect?)

— — — — — —

Good, fair points.

Things to get done here? Currently the team is in touch to get fully regulated in the US before giving the US access to theirs market. (They are onto it.) imo thats the main point which should get solved asap. And they know it. And they are on track to get it. I found no point into their whole buisness model giving the token a status which wont get regulated to be honest, so should just get solved on the paper to start to get through the roof.

First mover advantage when it comes to tokenzing Stars/Celebs.

Well connected Team, from Formula 1 to Hollywood and wide into the music media world. (Did i mention movie stars and influencers can and will be tokenized aswell?)

Whats next? Rapper Lilpump will launch his own token onto fyooz aswell. (Gucci Gang) And a lot i dont know about.

I hope u buddys enjoyed my Post, got some fresh air into your brain cells, stay healty, get wealthy.

Yours, Cryptoduckling

Quack quack quack, makes the duck :-)

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Cryptoduckling

Quack Quack, been an Egg before, evolved to a Duck. Quack.