FAQ´s

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What's the blockchain technology?

In short, is a database or ledger solution that due to its setting can’t alter any already stored records although it does allow the addition of new ones to update the stored content. Being it decentralised, seems the perfect solution for business and social needs such as traceability, uniqueness, data immutability, anonymity (in some cases), eliminating intermediaries.

What's an NFT?

The non-fungible tokens (NFT) are a subset of tokens that differ from the rest as they lack the fungibility property due to their uniqueness so can’t be divided nor exchanged. The ERC-721 type is unique whereas the ERC-1155 may have a series of the same indistinguishable token.

What's a crypto token?

Derived from a smart contract to be created on a blockchain (Ethereum for instance), is an object that can represent a limited series asset, service, or privileges in the physical or virtual world.

The most common tokens are the fungible and non-fungible ones (NFT). The blockchain provides to the holders of the tokens the proof of ownership.

The fungible tokens are divide-able and indistinguishable assets with their peers as they have the same characteristics and intrinsic value being the closes thing to fiat currencies. What matters is how many tokens one owns instead of which ones. They can be considered as a monetary unit allowing its exchange and transmission between accounts (crypto addresses, see more on What is a crypto address?). They also are used for granting voting, decision-making, rewarding the contributors’ involvement, to be a counter value for real assets (security token), or access to specific services (utility token).

The non-fungible tokens, also known as NFT, are described on What is an NFT?

What's a smart contract?

On some blockchains, some software programs can be coded which are automatically executed on the blockchain and allow interaction for reading and writing (updating) the blockchain records using dApps (Decentralised Apps). These programs amongst the most common actions they perform can retrieve content (such as users, their account balances, etc), transfer assets (cryptocurrencies, tokens, etc), authorise actions based on some defined criteria (custody, transfer orders, etc), and sign actions (conditions approval, etc). The smart contracts are deployed on the blockchain using a crypto address from such blockchain with the payment of the correspondent gas fee for the transaction.

How do I use the NFT?

You can use the NFT without any restrictions to unlock the perks (check What are the benefits or perks of the GENESIS_FLS #001.1?) with a crypto wallet such as MetaMask and use on any web or software (for instance discord, see Where is the community?) that connects to your crypto wallet.

The NFT besides being a collectible item has several services and advantages which will be communicated to you so you can benefit right away.

Check the whole overview of the perks here.

What's a crypto wallet?

Allows managing one or more than one address for one or many blockchains.

What's a crypto address?

The crypto addresses are the accounts for managing the cryptocurrencies and/or tokens on each blockchain. In short, these are already pre-created (not like the IBAN bank accounts) and with the same password (12 or so word-length password) the account can be regenerated or instantiated.

How can I create an Ethereum wallet?

MetaMask is amongst the most renowned and easy-to-use tools for wallet management allowing interaction between the browsers with dApps (Decentralised Apps) integrated on websites (web 3.0). You may follow the example on how to create a wallet with MetaMask and get your Ethereum address right away.

How can I provide my Ethereum address?

Just log into the shop with your credentials and go to the user profile page (“My account”). Place such Ethereum address (see How can I get my Ethereum address?) on the defined field on the Shopify profile page.

How can I get my Ethereum address?

From the Ethereum wallet manager tool, there is an option to copy the crypto address to the clipboard. Check this example on MetaMask.

What are the accepted payment methods?

You can pay with Credit Card, Paypal or crypto (check out with Coinbase Commerce widget)

Why are we minting our first NFT?

It’s time for an alternative economy and a new governance. One in which power is decentralized, in which people as peers can build in equality and with a collective force, new ways of living.

When will I receive my NFT?

The NFTs will be delivered within 1-10 days from the purchase date and the provision of the Ethereum address. If you have purchased without providing your Ethereum address please do create if needed (see How can I create an Ethereum address?) and update such on your profile (see How can I provide my Ethereum address?).

Do I need to pay gas fee to receive the NFT?

No, it’s completely for free.

Why do you set the price in Euros instead of crypto (Ether)?

We want to democratize access to blockchain technology and its possibilities. Buying in Euros facilitates this access while keeps the price fixed so that it does not fluctuate with the changes in the crypto market.

How long the NFT is valid for?

∞. Forever and beyond!

How long the NFTee is valid for?

If you treat it and wash it with care can be your lifetime companion.

Can I sell the NFT and where?

Indeed you can at websites such as OpenSea or rarible or just keep it forever and enjoy the party with us.

Do I need to pay shipping costs to receive the free NFTee t-shirt?

No, we cover all the shipping costs to your physical address.

What are the differences between the NFT and the NFTee?

NFT is a non-fungible token and the NFTee is the complementary t-shirt that comes along the GENESIS_FLS #001.1 NFT.

What is the GENESIS_FLS #001.1 NFT about?

GENESIS_FLS #001.1 is the key to unleash a powerful community where anyone can become a prosumer, enjoy exclusive experiences and becoming a decision-maker leveraging self-government processes taking advantage of the blockchain technologies (learn more on What is the blockchain technology?) and new business, democratic and social models.

The NFT is bundled with a free 100% organic cotton NFTee t-shirt designed for this exclusive event (see Do I need to pay shipping costs to receive the free t-shirt?).

It will mean access for you and commitment for us.

How can I buy a GENESIS_FLS #001.1 NFT?

Get your NFT (or a bunch of them) directly on our shop.

Is the GENESIS_FLS #001.1 NFT art?

This NFT is also art and goes beyond its visual appearance to become a utility tool to unlock community experiences (see How do I use my NFT?).

Do I need an Ethereum address to buy GENESIS_FLS #001.1 NFT?

No, you don´t need it for purchasing the NFT (see What’s an NFT?), yet you will have to provide your Ethereum address (see What’s an Ethereum address? and How can I create an Ethereum address?) for receiving your NFT (read When are the NFTs delivered?).

Upon the purchase, you are the rightful owner of the NFT, and we will keep it until you have your address created and share it with us.

How many GENESIS_FLS #001.1 are available?

There are only 300 of them.

Which are the perks of the Genesis_FLS #001.1?

You holders will be the very first to be invited to discuss proposals and craft the path of FLS with their voice and vote, will be shortlisted for amazing experiences, will have automatic discounts and airdrops, have early access to products and merchandise, and access granted to restricted content areas on website and discord. Check the whole overview of the perks here.

Many other NFTs might come but getting Genesis will always set you in the pole position.

Where is the community?

We have a fully open community. You can join us on discord. If you are a Fastlove Studios NFT holder you will also have access to specific channels (see How can I access the exclusive channels in discord?).

What are the accepted payment methods?

You can pay with Credit Card, Paypal or crypto (check out with Coinbase Commerce widget)

How can I access to exclusive channels in discord?

First of all you have to have your NFTs on your Ethereum wallet (see When will I receive my NFT? and How can I create an Ethereum wallet?).

Currently we use collab.land as gatekeeper for the exclusive channels access on our discord.

Upon you enter to our discord server, please go to the 👋welcome channel and type !join. A reply from the collab.land bot will tell you recieved a direct message. Find the chat with collab.land and follow the link provided. It will open your default browser and request you to select the Ethereum wallet tool you want to use (for instance MetaMask). Will request you to sign a message. This is a costless (no ETH nor gas to be consumed) task to verify you own such Ethereum address. Upon such collab.land bot will inform the roles in the discord server have been updated.

Some moments later you should be able to spot the PROSUMER folder with some channels in.

Come in, say hi, and start to collaborate!

How are we managing the NFT carbon footprint?

We are offsetting all the carbon footprint related to the blockchain transactions based on some estimates prior the smart contract deployment and the NFT minting which later on are adjusted if needed when all transactions are performed (see How do we calculate the NFT carbon footprint?).

We purchase the 110% of the estimated amount to ensure we are negative contributors to NORI (check the certificates) and supporting this Regenerative Agriculture project.

How do we calculate the NFT carbon footprint?

We are using as our guideline the figures coming from the carbonfyi project. The estimates account for the various events in the NFT lifecycle:

  • Deployment of the smart contract and assignment of the ownwership account of FLS: ~480 kg CO2
  • Funds transfer: ~4 kg CO2
  • NFT minting: ~36 kg CO2
  • NFT transfer: ~19 kg CO2 (per transfer)

Check the actual figures: