> For the complete documentation index, see [llms.txt](https://frostyart.gitbook.io/frosty/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://frostyart.gitbook.io/frosty/token-economy/genesis-period.md).

# Genesis Period

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

### **The Basics** <a href="#the-basics" id="the-basics"></a>

* **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.&#x20;

{% hint style="info" %}
**Please Note:** Users can only by **1 Genesis** FRST NFT **per address.**
{% endhint %}

* 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](https://www.frosty.app).
* 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.