Frame.xyz, a Layer2 platform for NFT transactions created by ERC-721 author @0xCygaar, has announced the completion of a new round of financing and opened up an airdrop query for users who have traded NFTs on the Ethereum mainnet in the past two years.
Focused on creating a Layer2 platform for NFT transactions, Frame.xyz announced today on X that it has successfully completed a new round of financing. Although the specific amount has not been disclosed, it can be seen that several heavyweight investors, including Electric Capital, 9gag founder Ray Chan, renowned entrepreneur Luca Netz, and former CEO of Sushiswap 0x Maki, have participated.
Click here to enter the official website for claiming: https://www.frame.xyz/governance
Created by ERC-721 author @0xCygaar, Frame is known for its close integration with Ethereum and innovative application of Arbitrum Nitrostack. The combination of these technologies not only allows Frame to provide lower transaction fees and faster block times but also maintains equivalence and compatibility with the Ethereum Virtual Machine (EVM).
On the other hand, Frame’s Palette protocol, as another core feature, demonstrates support and protection for creators’ rights. This protocol provides a permissionless platform at the client level, allowing users to freely create markets and providing creators with a more open and free market environment. In addition, Frame has also launched a creator fund that supports creators and participants within the ecosystem through gas fees on the Layer2 network, ensuring that creators can receive the rewards they deserve through royalties.
If you have traded NFTs, you are eligible for the airdrop. Frame launched its testnet in November this year and plans to launch its mainnet and native token $FRAME on January 31, 2024. According to the official website, anyone who has traded NFTs on the Ethereum network in the past two years has a chance to receive an airdrop of $FRAME. According to the official process, by linking their wallet and Twitter account and sharing Frame posts on Twitter, users can view the amount of $FRAME tokens they can claim. However, currently, recipients can only view the balance and will need to wait for future updates to claim it to their wallets.
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0xCygaar
Frame.xyz
layer2
NFT