FAQ

Frequently Asked Questions

Everything you need to know about Fame Lady Society, wrapping, $FAME tokens, and our community governance.
About FLSWrapping$FAME TokenGovernance

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About Fame Lady Society

What is the Fame Lady Society?

The Fame Lady Society (FLSoc) is a community-owned NFT project and the evolution of the Fame Lady Squad—the first all-female generative PFP project on Ethereum, launched July 12, 2021 with 8,888 unique tokens.

After the original founders were exposed as Russian men pretending to be women, the community took control of the project on August 11, 2021. This historic takeover made Fame Lady Society one of the first truly community-owned NFT projects in Web3.

Today, Fame Lady Society operates with zero paid team members—every contributor is a volunteer passionate about women's empowerment, transparency, and true decentralization in Web3.

Fame Lady Society stands apart for several reasons:

  • HERstoric significance: The first all-female generative PFP collection ever created

  • Community takeover: One of the first NFT projects to be reclaimed by its community

  • 100% volunteer-run: No paid team, no VC backing, no corporate interests

  • Radical transparency: All decisions are documented and governance is on-chain

  • Innovative tokenomics: The $FAME DN404 token bridges NFTs and DeFi liquidity

In August 2021, the community discovered that the "three women founders" were actually Russian men who had fabricated their identities. This revelation could have destroyed the project.

Instead, the community rallied together. The smart contract was transferred to an elected community steward on August 11, 2021. Unfortunately, the steward was at first unable, and later unwilling, to establish a multi-signature wallet on behalf of the entire community.

The Fame Lady Society was officially established on April 20th, 2023 with a new, community-controlled smart contract, and a multi-signature wallet on behalf of the entire community. fulfilling the original promise of decentralize ownership done right this time by the community itself.

Visit our Lore page for the complete HERstoric timeline of Fame Lady Society—from the original launch through the scandal, community takeover, and rebirth as a truly decentralized project.

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Wrapping Your NFT

Wrapping is the process of exchanging your original Fame Lady Squad NFT for a Fame Lady Society NFT. When you wrap, your original NFT is deposited into the Fame Lady Society smart contract, and you receive a new Society NFT with the same artwork and token ID.

Think of it as upgrading your NFT to a modern, gas-efficient contract while preserving everything that makes your Fame Lady unique.

Wrapping offers several important benefits:

  • Gas-efficient transfers: The modern Fame Lady Society contract is optimized for lower gas fees

  • Community royalties: Trading fees support the Fame Lady Society treasury

  • Active community: The original Fame Lady Squad contract is inactive; wrapping keeps you connected

  • Future benefits: Access to community airdrops, events, and governance participation

Your original Fame Lady Squad NFT is deposited into the Fame Lady Society smart contract and becomes immovable—it's safely held by the contract. You receive an equivalent Fame Lady Society NFT with the same token ID and artwork. You can then use your new Society NFT to participate in the community.

Yes! Wrapping is fully reversible. You can unwrap your Fame Lady Society NFT at any time to receive your original Fame Lady Squad NFT back. When you unwrap, you relinquish the Society NFT and the original is released from the contract to your wallet.

Yes! During the wrapping process, you have the option to send your new Fame Lady Society NFT to a different address than the one holding your original. This is perfect for moving to a hardware wallet like Ledger—you save gas by combining the wrap and transfer into one transaction.

Visit our Wrap page, connect your wallet containing your Fame Lady Squad NFT, and follow the guided process. You'll approve the contract to access your NFT, then confirm the wrap transaction.

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$FAME Token

$FAME is a revolutionary DN404 token launched on July 12, 2024—the 3rd anniversary of the original Fame Lady Squad launch. It's deployed on Base (Ethereum L2) and bridges the worlds of ERC20 tokens and NFTs.

888 unique Society NFTs are backed by 888 million $FAME tokens. This creates true liquidity-backed art—you can trade $FAME on decentralized exchanges, or accumulate enough to automatically receive an NFT.

When you collect 1,000,000 $FAME tokens, a Society Lady NFT automatically mints to your wallet. It's that simple—no minting interface needed, no additional transactions required.

If you sell or transfer enough $FAME to drop below 1 million, the NFT will automatically burn. This creates a fascinating dynamic where NFT ownership is directly tied to token holdings.

Visit our $FAME page for direct links to purchase $FAME on various decentralized exchanges on Base. You can also view the live price, check claim eligibility for wrapped NFT holders, and explore the token details.

DN404 is an experimental token standard that combines ERC20 fungibility with ERC721 NFT mechanics. It allows tokens to automatically convert between fungible tokens and NFTs based on your balance. This gives $FAME the liquidity benefits of tokens while maintaining the collectible nature of NFTs.

Yes! Wrapped Fame Lady Society NFT holders are eligible for $FAME token claims. Visit the $FAME page and use the claim checker to see your eligibility and claim your tokens.

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Governance & Community

Fame Lady Society is governed by its NFT holders through the FAMEus DAO. Every Fame Lady Society NFT holder has the power to vote on proposals concerning the operational affairs of the community.

The Society is guided by an elected Community Council voted in by verified holders. The Council is responsible for planning the overall direction, vision, and long-term strategy of the project.

Hold a Fame Lady Society NFT (either wrapped or through $FAME), then visit FAMEus DAO on Tally to view and vote on active proposals. You can also create proposals if you meet the threshold requirements.

No! Fame Lady Society is run entirely by volunteers. There are no paid team members, no VC funding, and no corporate backing. Every person contributing to the project does so because they believe in the mission of community ownership and women's empowerment in Web3.

Join us on multiple platforms:

We're always looking for passionate volunteers! Join our Discord and introduce yourself. Whether you're a developer, artist, marketer, or just enthusiastic about the mission—there's a place for you. Check our GitHub for open-source contributions, or reach out to community leaders about other ways to help.

Still have questions?

Our community is always happy to help. Drop by Discord and ask away—we're a friendly bunch!

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