Frame Unveils Revolutionary NFT Platform on Ethereum L2: Token Airdrop and Mainnet Launch Imminent

Frame, a platform based on the Ethereum L2 network, has made a series of important announcements and milestones on the X platform. Key highlights include the initial airdrop of FRAME tokens, the launch date of the mainnet, and the completion of initial fundraising. Here's a detailed overview of these significant announcements.

FRAME Token Airdrop and Mainnet Launch

1. Eligibility for Token Airdrop:
   Frame announced that users who have traded NFTs on the Ethereum network in the past two years and paid royalties are eligible to claim the initial airdrop of FRAME tokens.The claim portal is now open, aiming to reward and thank community members for their loyalty and support.
2. Mainnet and Token Launch:
   Frame's mainnet and FRAME tokens are scheduled to launch simultaneously on January 31, 2024.It's specially noted that FRAME tokens will not be transferable until the next chapter begins. This may be to ensure network stability and avoid initial market volatility.

Frame's Fundraising Achievements and Technological Foundation

1. Initial Fundraising:
   Frame has successfully completed its initial fundraising, with Electric Capital and community members as the leading investors.The fundraising activity also received support from prominent figures in the industry, including angel investor dingaling, 9GAG CEO Ray Chan (Chen Zhan Cheng), and Azuki project founder Zagabond, among others.
2. Technology and Mission:
   Frame is a Layer2 Rollup specifically designed for NFTs, based on the Arbitrum Nitro stack technology.The platform is committed to providing a space for artists and enthusiasts to explore and experiment with NFT-centric experiences. This reflects Frame's commitment to strengthening community interaction and innovating use cases for NFTs.

Conclusion

The latest developments at Frame mark significant progress in the NFT field. By incentivizing user participation through token airdrops, securing important funding, and building a specialized Layer2 Rollup technology, Frame is creating a new and vibrant NFT ecosystem for artists, enthusiasts, and the broader community. As the mainnet and tokens are about to be launched, the attention of both the industry and outside observers is focused on how Frame will unfold its next chapter.