FROMO’s innovative mechanics combine gamification with economic incentives to create a thriving ecosystem for rare NFT liquidity.

Game Structure

Each FROMO game follows a structured flow:

  1. Game Initiation: NFT Suppliers bid for game slots
  2. NFT Staking: The winning supplier stakes their NFT to start the game
  3. Key Minting: Players purchase keys to participate
  4. Game Progression: As more keys are minted, rewards accumulate
  5. Game Conclusion: The game ends after a set period
  6. Rewards Distribution: Fees are distributed according to the fee structure
  7. NFT Reserve: The staked NFT moves to the reserve pool

Key Minting

Keys are the primary way players participate in FROMO games:

  • Players mint keys to join games and earn rewards
  • Each key minted increases the cumulative rewards for existing key holders
  • Keys from completed games can be converted to $OMO tokens

Progressive Price Curve

FROMO implements a sophisticated pricing mechanism:

  • Inter-Game Progression: The key price for new FROMO games gradually increases as the total number of minted keys across the platform grows
  • Intra-Game Stability: Within a single FROMO game, the key price remains constant, providing predictability for players
  • This dual approach ensures both platform growth and game-level stability

Fee Distribution Breakdown

When a player mints keys, the fees are distributed to various stakeholders (Testnet distribution):

RecipientPercentagePurpose
Existing Key Minters20%Rewards participation and early adoption
Final Key Minter20%Creates incentive for continued play
NFT Staker/Provider50%Provides liquidity to NFT suppliers
Protocol & Liquidity10%Ensures protocol sustainability

Note: These percentages are subject to change

NFT Reserve and Redemption

Staked NFTs enter the reserve pool with the following properties:

  • The NFT can be redeemed by anyone using $OMO tokens
  • Redemption price is set at 110% of the final game price
  • This ensures both liquidity for the NFT supplier and growth opportunity for token holders

Game Rewards

FROMO rewards participants in multiple ways:

  1. Key Holder Rewards: Percentage of new key minting fees
  2. Final Key Rewards: Special bonus for the final key minter
  3. Token Conversion: Key to $OMO token conversion at game conclusion
  4. NFT Supplier Rewards: Guaranteed liquidity from key minting fees

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