FOMO Lab is a DeFi project driven by a community of creatives, designers, and fans. The project aims to create unique collaborations and engagements between digital creators and famous celebrities, artists, fashion icons, etc. Hence, the FOMO Lab acts as a metaverse creation studio and digital asset as it focuses on Metaverse applications, NFTs, and Play to Earn GameFi ecosystems. The FOMO Lab aims to expand the boundaries of Augmented Reality, Virtual Reality, and NFT technology to launch new products in the market.
The marketplace built for FOMO Lab is called Avenue which is built on Ethereum and Binance Smart Chain. Avenue is a native multichain NFT marketplace. Here, multichain is the space where NFTs can be developed using various blockchain technologies. The Avenue platform provides the solution where collectors and artists have full control over digital collectibles.
FOMO Lab envisions exploring the new kinds of utility to NFTs. These NFT tokens can be used in various ways such as a pass to access the online or real-life event or as a ticket that is impossible to copy or replicate.
The core element of the FOMO Lab ecosystem is the token $FOMO. The FOMO token is utilized in six products that are incorporated by FOMO Lab. These products create an immersive platform for the collectors or fans trade collectibles. Here are a few products offered by FOMO Labs-