Cat Frens is a community and an NFT collection that is driven by a collection of about 3,333 distinctive cat-themed designs. It is a collection inspired by Cool Cats and built on the Binance Smart Chain network. The idea behind building Cat Frens is to have a strong community through the provision of limited supply for a fair price. The protocol is currently preparing to launch on the BNB chain, a collection which the price has been set to be affordable for everybody interested in it.
Cat Frens Jumps on BNB Chain
Cat Frens users are set to experience a lot of fun during the mint event. It is reported that the company has called on all users to join, scheduled to take place on Friday. This is in the middle of the protocol’s preparations to launch its distinctive NFT collections on the BNB Chain.
While the price is not yet in the public domain, it is said to have been fixed and that it is a price that fits everybody’s pocket perfectly to be purchased without hassles, except those who are not interested in buying their best NFT tokens.
Although it is inspired by Cool Cats, the cat-themed collection has features that are unique to its own brand identity.
Benefits for all Event Participants
A further report from Cat Frens says that users who participate in the minting event on Friday would have an opportunity of minting their NFTs for as low as 0.05 BNB. The collection is said to have 6,666 distinctive cats, but just 3,333 are to be made available for claiming as NFTs. It is possibly a means of keeping the finite supply and proper pricing system for the larger collection named Pet Frens NFTs.
Those who join the minting event on Friday are set to get rewards for their activity sometime in the future. As written in a statement published by Cat Frens, about 50% of the income gathered will be distributed among the holders when the minting process has been brought to a conclusion.
The official Cat Frens publication states that half of the income generated from 6,666 Pet Frens non-fungible tokens will be distributed among the holders of the 3,333 Cat Frens equally after minting. The statement also said that the NFT protocol aims to have its holders as lifelong “Frens”.
It is expedient to take note that the Cat Frens project has no affiliation with Cool Cats non-fungible tokens present on the Ethereum blockchain in any way. Cat Frens has its distinctive qualities.
Cool Cats is an Ethereum-based non-fungible token asset that has a market cap of $250 million, and its initial generation has 9,999 Cool Cats collections.
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