Genesis Period

The launch of the Frosty Platform will begin with The Genesis Period on October 2 at 11 pm UTC.

The Basics

  • Name: MEET Frosty

    • Type: ERC-721

    • Min & max per address: 0.1BNB - 2BNB

    • Supply: 500

  • The Genesis Period on October 2 at 11 PM UTC is initiating the Genesis FRST NFT distribution and liquidity crowdsourcing event. The Genesis period will end on October 31th at 9 PM UTC (UPDATED).

  • 100% of BNB contributed goes towards $FRST liquidity.

  • Each user can choose to contribute between 0.1-2BNB for the purchase of the Genesis FRST NFT. You will receive 1 Genesis FRST NFT for any contribution amount, however, your staking rewards APY, voting participation, and platform revenue will be different depending on the amount contributed.

  • Users can come back at any time during the Genesis Period and contribute more BNB to a maximum of 2BNB, but they won’t receive another Genesis FRST NFT.

Please Note: Users can only by 1 Genesis FRST NFT per address.

  • We are seeking the initial liquidity for the $FRST/BNB pancakeswap pool that will be integrated into the FROSTY ecosystem for FROSTY's liquidity-based functions. The $FRST/BNB pool will also be used for users with staked NFTs to swap their $FRST rewards for BUSD, BNB.

  • There is no pre-sale. No investors or venture capitalists are backing FROSTY. The team bootstrapped the entire project.

  • ‌The Genesis FRST NFTs cannot be traded during the Genesis Period and will be locked until 11 PM UTC on October 20th 2021.

  • Genesis FRST NFT will later serve as the platform's governance NFT. A buyer will be granted different governance/revenue share/ staking reward rights based on the amount of BNB that they contribute. I.e. Spending 2 BNB will give someone access to full benefits (able to mint $FRST, able to receive profits in priority, able to participate in governance and receive incentives, etc.).

  • Distribution and allocation:

    • Genesis FRST NFT event (crowd sale): 92%

    • Protocol Reserve: 5%

    • Team & advisors: 3%

How to Participate

  • All BNB contributions take place on the FROSTY platform.

  • Contributions of BNB between 0.1BNB - 2BNB are accepted. Users can contribute more BNB to a maximum amount of 2BNB anytime during the Genesis Period but they will not receive another Genesis FRST NFT.

  • Genesis FRST NFTs will be transferred to the individual's connected wallet address. Only 1 Genesis FRST NFT can be purchased per wallet address. Only Metamask Web3 wallets are compatible initially with the platform.

  • During The Genesis Period, 5% of Genesis FRST NFTs will be issued for the Protocol Reserve for the purpose of maintaining and expanding the protocol. 3% of Genesis FRST NFTs will be allocated for early project contributors, developers, team advisors that helped immensely in enabling the launch of the FROSTY platform. All 8% of these Genesis FRST NFTs will be minted at a 2BNB contribution value.

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