Ferret Token FRT

Ferret Token
2 min readJun 10, 2021

Ferret Token was born with the idea of being the currency of an NFT marketplace to give gifts to those we love. The current global reality as a result of the pandemic has forced us to be away from our loved ones, reducing our social contact and therefore the demonstration of affection to them.

For this reason, we are developing a market for collectible NFT that serve to show and send love and affection through non-fungible tokens.

Why Ferret?

Ferrets are fun, restless, and extremely sociable pets that in their behavior behave like a dog and sometimes like cats, being excellent companions for adults and kids.

They are currently used for the therapy of children with autism spectrum disorder, among other pathologies that tend to improve with the affection of pets.

That is why we chose to eternalize ferrets in time with a token.

Technology:

  • BSC Protocol / BEP20 Standard

Why Binance Smart Chain:

  • BSC combines both delegated PoS and proof-of-authority (PoA) to achieve network consensus and maintain blockchain security. PoA is known for its capacity to thwart 51% attacks, as well as its tolerance for Byzantine attacks.
  • In this model, there are elected validators who take turns in confirming transactions on the network and are tasked to produce the blocks in a PoA manner, which puts the amount of their stake and their reputation in the community into consideration. To become a validator, a user has to

NFT Marketplace:

The Ferret Token team is developing an NFT marketplace where users will be able to exchange non-fungible tokens.

Our team is acquiring digital rights to traditional artists for the immortalization of their works through tokenization.We are also designing our own collection of NFT geared towards Ferrets fans

Ferret Token — $FRT –

Smart Contract deployed on Binance Smart ChainTotal supply 500,000,000Static reward for holders of 3% for each transaction made to generate savings for each FRT holder.

Automatic liquidity pool of 5% of each transaction is automatically sent to the PancakeSwap settlement funds generating liquidity and stability to the token.

Developers:

inBierto.com

Ferret Token was created by the inBierto.com team, a financial education startup dedicated to orienting traditional investment to the different Cryptos ecosystems.

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