From Ferc20 to Cirth.meme

Ferc20 was launched on June.1, 2023, now the first FercFamily product Cirth.meme is going to be launched soon.

Now, I’d like to introduce and compare these two products briefly.

  1. Ferc token(Contract address on Ethereum: 0x2eCBa91da63C29EA80Fbe7b52632CA2d1F8e5Be0) is a fungible token (FT) based on the Ferc20 protocol, while the NFT inscriptions issued on the Cirth.meme are based on the Ferc721 protocol. Both are fair and free to mint, but they are different protocols.

  2. All NFTs from Cirth.meme can be changed to ERC20 Fugible tokens(FT), and switch back to Non-fugible tokens(NFT) again with any extra fee.

  3. Minting and deploying on Cirth.meme is completely free, only gas.

  4. When deploying Ferc721 NFT inscriptions on the Cirth.meme, it can be set whether Ferc tokens is required to mint. If it is required, the wallet must have 10 Ferc tokens to mint, but they will not be deducted as fees.

  5. There is a ten-minute cooldown period for minting on the Cirth.meme. If continuous minting is desired within the cooldown period, it requires burning 5 Ferc tokens each time, which means sending them to zero address(0x0).

  6. Ferc NFTs that require holding Ferc tokens(FercFamily) for minting will be prioritized in the listing.

Following table is the comparison of Ferc20 and Cirth.meme.

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