Review Faith Tribe ($FTRB) – A multi-platform solution designed with the latest blockchain, Web3, and NFT technologies
Faith Tribe is building the first decentralized ecosystem for the collaborative creation of digital and physical fashion goods – a multi-platform solution that will be used by different stakeholders to accomplish different goals.
Concept project – What is Faith Tribe?
Faith Tribe is a multi-platform solution designed with the latest blockchain, Web3, and NFT technologies which will allow creators to design, customize, mint, and distribute their own digital and physical fashion assets. It brings together a decentralized community of designers, visual artists, curators, influencers, brands, developers, and buyers under a financially inclusive and incentive-aligned structure.
What is the project trying to achieve?
The mission of Faith Tribe is to develop a global creator ecosystem that fosters an inclusive and open environment for the successful creation, trading, distribution, and monetization of user-generated designs of fashion items.
The project is committed to creating and integrating with a set of on-chain and off-chain tools that will give creatives all over the world the opportunity to collaborate on the design of fashion assets.
Faith Tribe brings together the global community of designers, artists, curators, bloggers, influencers, brands, and buyers in an incentive-aligned way, allowing participants to earn tokens through their contributions to the ecosystem.
What is unique selling point?
Faith Tribe solves structural bottlenecks for independent creators by enabling digital fashion content creation, discoverability, distribution, and physical production. The solution coordinates ownership and rights of digital and physical fashion designs and empowers any one of its stakeholders to contribute to the ecosystem by interacting with other participants and engaging in value-added activities. It also enables designers and entrepreneurs to launch their own fashion labels within the web3 and metaverse economy with the support of community and core platform experience.
Faith Tribe enables its stakeholders to better pursue their respective goals. While not exhaustive, here are the main participants in the ecosystem:
- Creative Tribe – Community of physical and digital fashion designers, visual artists, studios, and any type of individual contributing to the creation of a fashion product and its constituent designs, or any verified creator or collective or entity invited to mint designs.
- Buyers – Any individual who purchases digital or physical products from any extant distribution channel.
- Patrons – Any individual who actively participates in the crowdfunding of individual pieces or whole collections.
- Developer Tribe – Core developers of the Faith Tribe network, responsible for the ongoing product development, technical and partner integrations, facilitating network governance and community development
Faith Tribe’s Designer Studio will enable designers to create digital and physical designs for fashion items and outfits, all backed by NFT technology. By being backed by NFT technology, a design will always be linked to the creator and can never be stolen. Designers and artists can then work collaboratively or independently through the platform to create designs of their own or customize existing Faith Community designs.
Creators will own their designs and choose whether to produce a single edition of their garments, limited drops or even a full collection. They can crowdsource public contributions to co-own a design or collection of designs if they like. They can mint digital, physical or combination design assets and they can set prices, distribution rights, and royalty fees of their liking.
Core flow high-level diagram
- Token Name: Faith Tribe
- Ticker: FTRB
- Blockchain: Ethereum
- Token Standard: ERC20
- Contract: 0x2596825a84888E8f24b747DF29e11b5dd03C81D7
- Token type: Utility
- Total Supply: 5,000,000,000 FTRB
- Circulating Supply: Updating…
Token release schedule
Token use case
At the heart of the ecosystem are the $FTRB token, a full-utility coin that offers its holders access to its end-to-end creative and business management experience through the designer studio, the latest 3D fashion technology, and development tools, digital and physical NFT minting, P2P transactions between the decentralized community of designers, visual artists, curators, fashion enthusiasts, influencers, brands, and buyers.
A chance to get $2,000 $FTRB tokens at IDO price
Faith Tribe IDO will take place on February 24, 2022. To participate in the $FTRB Community pool on Red Kite, each participant needs to increase their scores to be able to enter the top 500 lucky winners.
- Pool open: 11:00 AM UTC, February 21, 2022
- Snapshot time: 11:00 AM UTC, February 23, 2022
- Winner announcement: February 23, 2022
- Start sale: February 24, 2022
How to own the token?
Buy $FTRB tokens on IDO at Red Kite
Markets and Community
Faith Tribe has crossed the mark of 47,000 Followers on Twitter
Conclusion and analysis
With Faith Tribe, are building a platform that allows brands, independent designers, and artists to not only create digital fashion designs but also distribute them to an entirely new customer demographic (players/gamers) via stores in virtual metaverses, NFT & digital fashion marketplaces, in-game stores, etc.
Find more information about Faith Tribe:
If you have any questions, comments, suggestions, or ideas about the project, please email [email protected].
DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.