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  • 22 Nov 24

NFT Drop of the Day: Bear Market Legacy by Benksy

On November 22, the minting of FRENS Factory begins — a collection that, according to the announcement, is developed with a focus on art and interaction.

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On November 22, the minting of FRENS Factory begins — a collection that, according to the announcement, is developed with a focus on art and interaction. The creators state that this is not just a set of tokens but the first step toward creating a platform designed to unite artists, collectors, and Web3 enthusiasts.

What We Know About the Collection

The creators take pride in the fact that FRENS Factory was founded during a bear market, emphasizing that quality art can overcome any difficulties.

Collection Features:

  • Supply: Unlimited.
  • Blockchain: Solana.
  • Marketplace: Magic Eden.
  • Mint Phases:
    • Holder Phase: 3 NFTs per wallet, free of charge.
    • OG Phase: 1 NFT per wallet, free of charge.
    • FCFS Phase: Unlimited minting at a price of 0.059 SOL ($15.30).
    • Public Phase: Unlimited minting at a price of 0.11 SOL ($28.50).
  • Fee: 0.004 SOL ($1.03) per mint and 0.00422 SOL ($1.09) protocol fee.

Note: Trading of NFTs will only be possible after the complete minting of the collection.

FRENS Factory NFT Collection. Source: Magic Eden
FRENS Factory NFT Collection. Source: Magic Eden

In the future, the creators plan to develop FRENS Factory into an entire ecosystem. Upcoming plans include:

  • NFT Staking.
  • Staking of the ecosystem's native token $FRENS.
  • Merchandise.
  • Support for artists.
  • Partnerships with other projects.

About the Authors

FRENS Factory was founded by Benksy (not to be confused with Banksy) and Ginsu, with the artistic direction led by Batunos, who coordinates the work of over 50 talented artists. The team is known online for their transparent approach and ambitious plans that encompass both digital and real-world spaces.

You can learn more about the project here.

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