Cat Frens is an NFT collection that has been built on the Binance Smart Chain. It is a community-driven collection of 3,333 unique cat-themed designs.
The collection is inspired by Cool Cats. It aims to build a strong community by providing limited supply at a fair price. The NFT protocol is now gearing up to launch a collection on the BNB chain, the price for which has been fixed to be affordable for everyone.
Cat Frens NFT Mint On BNB Chain
Users are sure to have a lot of fun at the mint event. Cat Frens has invited them to join the event that is scheduled for February 25, 2022. This comes amid the NFT protocol’s preparation to launch its unique NFT collection on BNB Chain.
The price has been fixed. While a figure has not been declared as of now, rumor has it that the price will perfectly fit everyone’s pocket unless they lack interest in securing their favorite non-fungible token.
The cat-themed collection is inspired by Cool Cats, but it holds characteristics that are unique in their own way.
Users who join the minting event on February 25, 2022, will be able to mint the non-fungible tokens for as little as 0.05 BNB. The collection consists of 6,666 unique cats; however, only 3,333 would be available to be claimed as non-fungible tokens.
Probably a way of maintaining the limited supply and fair pricing system for the collection called Pet Frens NFTs.
Those who participate in the minting event will be rewarded in the future. According to the statement released by Cat Frens, around 50% of the revenue will be shared with the holders after concluding the minting process.
Cat Frens’ official statement states that 50% of the revenue that is earned from 6,666 Pet Frens NFTs will be shared by the holders of 3,333 Cat Frens in an equal proportion after the minting. The statement adds that the NFT protocol wants its holders to become lifelong Frens.
It is important to note that the project is not affiliated with Cool Cats NFTs that are on the Ethereum network. To reiterate, the collection to go live possesses its own unique characteristics.
Cool Cats on the Ethereum network have a market value of $250 million, with the first generation consisting of 9,999 Cool Cats that have assembled from 300,000 options each. They are a collection of programmatically, randomly generated non-fungible tokens on the Ethereum blockchain.
The collection was released on the market in July 2021. They were, at that time, termed as the next step forward in the development of the Cooltopia NFT gaming ecosystem.
Cat Frens has laid down a roadmap for the future. The NFT protocol plans to list Cat Frens NFT on NFTKey.app and other NFT marketplaces. A clear timeline is currently unavailable, but it is tentatively to start by listing first on NFTKey.app.
Source: https://www.cryptonewsz.com/bnb-chain-to-host-cat-frens-nft-mint/