Second algorithmic Fenomy NFT drop

Ksenia Alekseeva
Fenomy System
Published in
2 min readOct 28, 2022

Fenomy System has released the second experimental collection of algorithmic NFTs with balances.

Each NFT comes with a unique physical pen that will be sent to the NFT owners via traditional mail or through a delivery service. NFTs from this collection are not for sale and are intended only for Fenomy partners and holders of the system coin FNM with more than 1000 FNM on their balance that they received from the system investment account. After receiving the NFT, the new owner will be able to decide what to do with the asset at their discretion.

Each NFT has its own Fenomy ID with a balance from 100 to 1000 FNM. Only 5 NFTs have a 1000 FNM. Special black pens are tied to them. The rest of the NFTs have gray physical pens.

The current balance will grow over time using the following formula:

January 1, 2023, by 10%

July 1, 2023, by 20%

January 1, 2024, by 30%

And then every 6 months the current balance will increase by 10% from the previous value and so on until June 2026.

Important: the balance will grow until the NFT is activated in the system. After activation, the balance will stop growing and become available for transactions/exchange.

It will be possible to activate the NFT starting from January 1, 2024, through a special form that will be available in the participant’s personal account. To activate, the wallet, on which your NFT is located, must be tied to your Fenomy ID. It will be possible to view the balance of your NFT starting January 1, 2023, in the tracker on the website.

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