Frak White Paper
ResourcesCreator DashboardDownload Extension
English
English
  • Overview
  • Smart-Contracts and Audit
  • Essential Terms
  • Introduction
    • Context
    • Genesis
      • Who are we?
      • An algorithm to decentralize the content monetization
      • Why Frak?
      • How to enter Frak
  • THE EXTENSION
    • What is the extension for?
    • How to install the extension?
    • How to use it?
  • FRAK PROTOCOL
    • Wallets
    • Meet the Fraktions
    • Creator Work and NFT
      • Why NFTs on FRAK?
      • IP Certification
      • Revenue Sharing
    • Creator Work Minting
      • Initial Content Minting
      • Fraktion Price Index Formula
      • Fraktion Supplier
      • The gravity coefficient
      • Content Badge
      • Rights granted through the ownership of a Fraktion
    • Earning Model
      • Token Generator Factor
      • Creator Earning Model
      • User Earning Model
      • Creator's Pool
      • Referral Pool
      • Earning Caps
      • Ecosystem Fees and Royalties
      • Anti-cheating System
    • Tokenomics
      • Why a utility token
      • The token: $FRK
      • Hedging Against Inflation
    • Governance
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  1. FRAK PROTOCOL
  2. Creator Work Minting

Initial Content Minting

For each piece of work, as soon as the Creator is signing in in Frak, a personal NFT is minted, owned by the Creator, present in the Creator's custodial wallet.

Then, Fraktions are dropped and can be purchased by users. The number of dropped Fraktion and their type are decided by the Fraktion Supplier:

  • Diamond

  • Gold

  • Premium

  • Common

  • Free

Each type matches with a profitability. More profitable Fraktion are rarer.

One Free Fraktion is automatically minted for free as soon as a User claims it after having interacted with the content.

Every Fraktion is minted once bought by a User or an Investor. The Initial Price is the same for each Creator and for each work. It is defined as below :

Initial Price

Diamond

FRK3000

Gold

FRK1200

Premium

FRK500

Common

FRK90

Free

One for Free

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Last updated 1 year ago