Finn Satoshi Lab, creators of STEPN, launch NFT marketplace, MOOAR
The Find Satoshi Lab ecosystem, with STEPN, DOOAR and MOOAR under its umbrella, becomes self-sustaining.
Sydney, Australia – November 1, 2022 – Finn Satoshi Lab (FSL), a Web3 game and development studio founded in 2021 with a mission to bridge the gap between Web2 and Web3, today announced the launch of Mooar, a marketplace for non-fungible multi-chain tokens (NFT) . This is the third project to launch within the Find Satoshi Lab ecosystem following STEPN, a lifestyle app, and DOOAR, a decentralized exchange (DEX).
FSL launches MOOAR to empower traders and creators through a unique membership model with zero platform fees and no optional royalties. The marketplace will enable community members to create and launch their own collections on MOOAR’s launchpad, which is run as a community-driven hackathon. MOOAR is a key step in ensuring the delivery of FSL’s goals and vision through a community-centric solution – a marketplace to host transactions that ultimately support the growth and development of FSL.
The creation of a marketplace establishes FSL’s ecosystem as self-sustaining where STEPN, DOOAR and MOOAR work collaboratively to actively support each other without members having to pay additional service fees beyond the initial platform membership fees. FSL is also now able to fully empower the community of creators, allowing them to bring the highest quality content to Mooar through the launchpad, while respecting the rights to royalty fees. Mooar also brings additional utility to the ecosystem’s native GMT token, as token holders can use it to vote rights under Mooar’s launch pad. The self-sustaining design benefits all members of the FSL ecosystem and ensures they have access to a best-in-class experience.
Yawn Rong, co-founder of Find Satoshi Lab, commented on the news: “Find Satoshi Lab is excited to expand our ecosystem by leveraging MOOAR and introducing externalities, thereby adding more utility to GMT. With the establishment of the MOOAR marketplace and launch pad, the FSL now a fully self-sustaining ecosystem, which removes the need for the community to use external platforms, simplifies the experience and better supports the community. FSL believes that creators deserve royalties, which we have decided to use royalties for MOOAR. We feel that the zero service fee only is sustainable through a membership model, and for FSL and the larger industry to sustain itself, we must value our creators.We look forward to continuing our mission to educate and introduce millions of new Web2 users to Web3 and a world of NFTs, inspire a healthy lifestyle by gamifying exercise and fighting climate change.”
In August 2021, Find Satoshi Lab launched its first project, StepN, a Web3 lifestyle app that encourages users to exercise by offering token rewards, which quickly became the textbook example of an effective tokenized game model. To further develop the ecosystem, FSL launched Dooar, a multi-chain DEX, in June 2022. Adding a DEX to the ecosystem offered the community a native, multi-chain, non-custodial platform to facilitate trading. Now, with the addition of Mooar, FSL unifies all parts of the users’ journey – from buying a sneaker NFT on STEPN to creating and trading unique NFT collections on MOOAR, as well as exchanging tokens via DOOAR. FSL is constantly building to better support its dedicated community and is set to announce more developments over the coming months.
About Find Satoshi Lab
Founded in 2021, Finn Satoshi Lab is a game and development studio that connects players to Web3. FSL’s mission is to educate and introduce individuals to Web3, while encouraging healthy lifestyles and fighting climate change. FSL brands include STEPN, MOOAR and DOOAR.
For more information about Find Satoshi Lab, visit: http://findsatoshilab.com/
About MOOAR
MOOAR is an integral part of the Find Satoshi Lab ecosystem that provides both a primary and secondary marketplace for NFT transactions, protecting the ecosystem from unwanted third-party transaction fees. Profits from Mooar remain within the FSL ecosystem and are leveraged to facilitate growth and development. Mooar is currently available on Solana and Ethereum.
For more information about Mooar, visit: http://mooar.com/
Media contact
- Peter Padovano
- M Group Strategic Communications (on behalf of FSL)
- 646.859.5953
- [email protected]
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