Greetings, Foreon Community! We are thrilled to announce that our unique Foreon’s NFT Bond Offering, which kicked off on May 29, 2023, has closed successfully, with over 24 hours still on the clock.

During this offering, an impressive count of 100 NFTs were minted by our passionate Cardano community, using NMKR’s NFT minting portal. This vibrant participation further emphasizes the community’s support for our vision and dedication to making Foreon Network a success.

The first 40 NFTs minted during this offering hold a special significance — they are eligible for a 10% Bonus in Foreon Tokens. We will be sharing a detailed spreadsheet publicly, spotlighting these 40 unique NFTs that stand to earn more $FRN tokens than the subsequent 60 NFTs.

The NFTs can now be purchased on secondary markets like Jpg.store.

Foreon NFT Floor Price is at a 50% increase from the minting price.

This successful completion of our NFT Bond Offering marks a vital milestone in our development journey. It serves as a significant step forward in our plans to advance the Foreon Smart Contract Development in Aiken, with valuable assistance from the Txpipe developers.

Additionally, we are preparing a detailed and updated roadmap that provides a clear vision of our future endeavors.

Stay tuned for its release in the upcoming weeks!

Leveraging Foreon NFTs

The Foreon NFTs are designed to offer multifaceted utilities as we proceed with the development of the Foreon Network.

1. Boosted ISPO Rewards: Foreon NFT holders who also stake to Foreon’s ISPO pool (upon its launch) will enjoy boosted ISPO rewards, enhancing their benefits.
2. Claiming Tokens: NFT holders can claim 12,500 tokens in four tranches of 25% each, every six epochs until fully vested. The claiming process will start three months after the conclusion of the NFT Bonds Offering.

We are gearing up to share more details about our upcoming ISPO and initial partnerships within the Cardano Ecosystem in a subsequent Medium post.

We will also be introducing three other newest members of our team in the coming days.

Finally, we wish to extend our heartfelt thanks to the Cardano community for their immense support and belief in us. We are committed to meeting the timelines defined in our roadmap and aim to deliver Version 1.0 of Foreon Network before the end of Q3 2023.

Thank you for being part of this exciting journey!

Stay tuned for more updates as we embark on this exciting phase of our journey!