Frog & Friends Announces Mint Date for Exclusive NFT Collection
Frog & Friends, a unique ERC404 collection, prepares for mint on November 8, 2024, offering community-driven rewards and a staking roadmap.
Key Takeaways
Limited 1000-Piece Collection: Each NFT mint includes 1 million tokens from a 1 billion supply, with innovative mechanics to ensure token-NFT linkage.
Minting Opportunities: Public mint price set at 200 CRO, with whitelisted spots at 175 CRO.
Enhanced Holder Benefits: Secondary sale revenue and exclusive staking rewards for long-term engagement, with 50% of sales airdropped to NFT holders.
Frog & Friends: A Unique Community-Focused NFT Mint
The Frog & Friends ERC404 collection is gearing up for its highly anticipated mint on Friday, November 8, 2024, at 12 p.m. EST. The project, centered around pixel art NFTs, brings a novel approach to token mechanics. Each NFT in this limited 1000-piece collection is tied to 1 million tokens from a 1 billion total token supply. If a holder sells even a single token, dropping below the 1 million token threshold, they will lose their NFT to the LP contract, creating a unique asset retention mechanic.
Mint Details and Community Allocation
Of the 1000 NFTs, 400 (or 40%) will be available for public mint, while another 400 will be used to pair liquidity for the ERC20 portion of the project’s contract. Additionally, 150 NFTs (15%) are allocated for staking rewards, with the remaining 5% reserved for marketing and giveaways.
Public minting is set at 200 CRO, with an exclusive rate of 175 CRO for whitelisted members.
Roadmap and Holder Benefits
The Frog & Friends roadmap focuses on community-building and engagement, with OG holders voting on the mint date and projects to be featured on launch. At 50% mint (200 NFTs), liquidity pairing will be activated, securing the LP ratio. Upon completion of the 400 NFT mint, liquidity will be burned, and the “Friendly Staking” platform will be launched for collaborative partners.
To further incentivize engagement, 50% of secondary sale revenue will be distributed to NFT holders, based on the mint amount, while the remaining funds will be set aside for future development.
Special Mint Perks
Early supporters have until this Sunday to join the exclusive first-50-og channel, where they can receive a 25 CRO discount per mint by submitting their wallet addresses. Additionally, unique “King Frogs” and “Princess Frogs” NFTs will feature special rewards for those who mint them.
With a promising roadmap and community-driven features, Frog & Friends aims to establish itself as an innovative addition to the blockchain ecosystem.