### What is Fabwelt?

Fabwelt is a blockchain-based gaming ecosystem that combines gamefi, metaverse, and play-to-earn technologies to create a high-quality gaming platform. It integrates blockchain tech into various genres of games, allowing for unique gaming experiences and new ways for professional players to earn income.

### How does Fabwelt work?

Fabwelt leverages the Binance Smart Chain (BSC) for its operations, using the Proof of Staked Authority (PoSA) consensus mechanism which combines Proof of Stake and Proof of Authority. It supports various gaming genres by using smart contracts to manage its ERC-20 token (WELT) and ERC-1155 NFTs, providing in-game utilities, collectibles, and strategic assets.

### What are the potential use cases for Fabwelt?

Fabwelt offers several use cases, primarily in the gaming industry:

1. **Gaming**: Play to Earn mechanics, in-game NFTs, and DeFi elements enhance gameplay.
2. **Blockchain & NFTs**: Provides a market for trading NFTs and integrates blockchain into gameplay.
3. **Community & Partnerships**: Engages a community-centric approach and collaborates with partners like Chainplay for exposure and opportunities.

### What is the history of Fabwelt?

Fabwelt was founded by a team including Abhishek Pegada (CEO) and others with expertise in blockchain, gaming, and finance. The platform's first game, ARSENAL, is a 3D First-Person Shooter with blockchain integration. It has evolved by establishing a presence in the gaming and blockchain markets, offering a comprehensive ecosystem that spans various gaming genres and features.

FABWELT

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