Unlock the Future of NFTs with FRAME Tokens: Empowering Creators and Traders

Frame, a project aiming to create an ecosystem for NFTs with a focus on supporting creators, announced on Tuesday that it will be launching a native FRAME token. This token will be available for collection by any crypto user who has transacted an NFT on Ethereum in the last two years. The amount of FRAME tokens that users are eligible to receive will be determined based on several criteria, including the number of NFT trades made, the financial volume of those trades, and the amount of creator royalties paid during those transactions.

While NFT traders can already claim their FRAME tokens via an online portal, these tokens will not be functional until January 31st, when they will go live alongside the Frame mainnet. Initially, the FRAME tokens will be used exclusively for governance of the Frame ecosystem and to control the Frame Creator Fund. At a later date, which has yet to be announced, the tokens will be unlocked for transfer and are expected to become tradable on secondary markets for monetary value.

Users have already begun claiming their free FRAME tokens, with some reporting receiving thousands of tokens based on their NFT trading activity. Today's airdrop is just the first of many planned FRAME giveaways, according to the project. Once the project fully launches at the end of next month, more tokens will be distributed to users and community members to encourage activity within the ecosystem.

Frame is built on Arbitrum Nova, an Ethereum scaling network, and seeks to prioritize creators in the buying, selling, and creation of NFTs. In an industry where creator royalties have been steadily dismantled, Frame aims to enforce creator fees at the network level and prioritize NFT security more than other blockchains. Additionally, the project plans to eventually be run by community members.

Overall, the launch of the FRAME token by Frame represents a significant development in the NFT space. By providing incentives for creators and prioritizing their interests, Frame aims to address some of the challenges currently faced by the NFT market. As the project continues to evolve and more tokens are distributed, it will be interesting to see how creators and users engage with the Frame ecosystem.