INTERNET CITY, DUBAI, Dec. 20, 2021 – LBank Exchange, a global digital asset trading platform, will list Front Row (FRR) token on December 21, 2021. For all users of LBank Exchange, the FRR/USDT trading pair will be officially available for trading at 14:00 (UTC+8) on December 21, 2021.
The Non-Fungible Token (NFT) market has been growing exponentially in recent years, and numerous NFT platforms have emerged with various unique features. As a next-generation NFT platform, Front Row (FRR) fosters real community while connecting users like never before to their favorite celebrities and icons. Its native token FRR will be listed on LBank Exchange at 14:00 (UTC+8) on December 21, 2021, to further expand its global reach and help it achieve its vision.
Introducing Front Row
Front Row is a next-generation NFT and social networking platform that connects a community of fans to their favorite celebrities, artists, and influencers. In contrast to NFT platforms today that are poorly designed, hard to use, and purely transactional (only buyers and sellers), Front Row is a platform that utilizes social networking and gamification features to create conversations, encouraging sharing, and creates true utility for the NFTs traded on the platform.
The platform will appeal to users even if they are not familiar with blockchain, NFTs, or investing. Instead, any fan of the NFTs will be motivated to collect, personalize, discuss, and share the images, videos, and more of their favorite celebrities. They will be able to find and create their own communities with chat rooms and specific sections of the platform geared towards finding the type of content and celebrities they enjoy. By personalizing, sharing, and buying and selling these NFTs, they will unlock more rewards and higher status. And for those who are interested in NFTs as an investment vehicle, they will be able to browse the Marketplace for rare and valuable NFTs, as well as register for exclusive drops.
Front Row Ecosystem
There are mainly four parts that compose Front Row ecosystem, including an NFT marketplace, NFT creators, NFT consumers, and decentralized finance.
Targeted for the general public, the first NFT Marketplace in the entertainment vertical with celebrity-branded partnerships launched by isMedia has a world-class UX/UI design, good curation of content, diverse functionality, its own mainnet, custodial wallet, and credit card functionality, with some basic features such as mint, burn, trade, lease, borrow, and gamification.
NFT creators are the producers of the engageable content, which makes up the supply side of the marketplace. For the works they do, FRR tokens are algorithmically distributed, which can then be exchanged with any other desired digital assets on the open market FRR is listed on, such as LBank Exchange.
Aside from the marketplace, consumers interact with NFTs via various user applications, dApps, across the FRR ecosystem. Each dApp is designed to offer a unique user experience while users’ interactions are broken down, measured and are rewarded with FRR tokens to vitalize engagements.
From price discovery to generating liquidity into and around the NFT marketplace, decentralized finance plays a vital role in the ecosystem of FRR, which includes features such as staking, NFT collateralized loan, NFT crowdfunding, NFT ETF and so on.
About FRR Token
As the main utility token of the ecosystem, FRR powers the ecosystem and is used to unlock advanced features, access exclusive sections of the website such as premium drops, and enable governance features for holders. Ecosystem participants can use FRR to own, distribute, exchange and monetize their provably-rare digital collectible in the form of an NFT through dApps of this unique ecosystem.
FRR is inherently transferable to other users, and also fully exchangeable with various supported ETH and ERC20 tokens, such as DAI, USDT, USDC and others. It will be used to enable the DeFi features including the yield farming pools, and allow users to stake into these pools in order to earn returns. In addition, the FRR token will grow to encompass the NFT DeFi products, such as the NFT crowdfunding, as well as be incorporated into the gamification aspects of the isMedia platform.
The total supply of FRR token is 10 billion (i.e. 10,000,000,000). 22.5% of the FRR supply is provided for loan and reward pool, 10% is for the ecosystem, 20% is for the foundation reserve, 10% is allocated to team, advisor and partners, another 10% is provided for marketing, and the rest 27.5% is for token sales.
The FRR token will be listed on LBank Exchange at 14:00 (UTC+8) on December 21, 2021, investors who are interested in Front Row investment can easily buy and sell its token on LBank Exchange by then. The listing of FRR on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about FRR Token:
Official Website: https://frontrow.foundation/
Telegram: https://t.me/frrfinancechat
Twitter: https://twitter.com/FRR_Finance
Listing Announcement on LBank Exchange: https://support.lbank.site/hc/en-gb/articles/4412521660569-FRR-Frontrow-will-be-listed-on-LBank
About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the world.
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