Tokens

$FRST

FROSTY’s Native ERC-20 Token. $FRST is a utility token that is intrinsically incorporated throughout the protocol’s architecture, serving to further incentivize utility and application in the Collector/Artist economy. $FRST is the gas that ties together a triad of interdependence between Collectors, Developers, and Artists in a world that is merging the digital and real.

Portions of the FROSTY platforms marketplace revenue from the protocol fee charged on the platform will be distributed periodically to the $FRST holders. The official contract address for $FRST can be found here: 0x624b853bb7359061af85f8fe47318c31a866a054

$FRST is also the ecosystem governance token, where holders are able to maintain an active stake and vote across categories from R&D proposals, future roadmap, monetary policies. We are on a path towards progressive decentralization.

Max Supply: 10,000

Usage

• Ledger of Activity for Collectors within our Layer 3 platform ecosystem

• Used within the marketplace loyalty and rewards ecosystem for purchasing digital illustrations assets

• Accepted for payments and transactions on TreasureLand / NFTrade etc..

Distribution

• Staking rewards: 88%

• Initial Pancakeswap liquidity: 2%

• Protocol Reserve: 10%

• Team: 0%

Core $FRST Utility Use Case

$FRST is the native ERC-20 utility token for the FROSTY ecosystem.

$FRST is both the income stream for the Artists, Developers, Collectors and the FROSTY ecosystem’s governance token.

$FRST is the gas that ties together a triad of interdependence between Collectors, Developers and Artists in a world that is merging the digital and real.

• $FRST is used to purchase the digital arts items listed on the FRSTY marketplace.

• The $FRST from sales in the FROSTY marketplace are split between the digital artists, developers/mods, $FRST token holders, Genesis FRST NFT holders, and the Treasury.

• The $FRST put towards the treasury is used for R&D and Operational expenses.

• Holding $FRST allows the ecosystem participants to vote on proposals in the ecosystem, like the distribution % split of profits from the marketplace, vote on R&D, protocol development, etc.

$FRST is the income stream for the Artists, Developers, and Collectors. And, also the core ecosystem governance.

Genesis FRST NFT

FROSTY Genesis is an ERC-721 NFT that is distributed during The Genesis Period pre-launch.

FROSTY is a governance NFT for the FROSTY platform. See more