FRAMEPrice

(FRAME)

Frame is a Web3 project primarily known as an Ethereum Layer 2 scaling solution specifically designed to support the creator economy and the adoption of non fungible tokens. Built using the Arbitrum Nitro technology stack, the Frame network is an EVM equivalent rollup that aims to provide a more efficient environment for digital assets by offering faster transaction speeds and lower network fees compared to the Ethereum mainnet. A key technical feature of the Frame network is the Palette Protocol. This protocol is designed to enforce creator royalties at the network level, ensuring that artists and creators receive ongoing compensation for secondary sales of their work. By integrating this functionality directly into the blockchain infrastructure, the project seeks to provide a more sustainable model for the NFT ecosystem. Additionally, the network includes a Creator Fund which is intended to distribute resources and support to builders and participants who contribute to the growth of the platform. In the broader Web3 landscape, the name FRAME is also associated with a community token on the Base blockchain. This token emerged from the Farcaster social network as an experimental demonstration of Farcaster Frames, which are interactive applications embedded within social media posts. While distinct from the Layer 2 network project, this community token is used to provide grants, bounties, and rewards to developers building interactive social features. It was notable for being one of the first tokens distributed entirely through an interactive social embed. To summarize, the term FRAME currently refers to two main initiatives in the crypto space: a dedicated Layer 2 blockchain focused on creator rights and NFT scaling, and a community driven token on the Base network used to incentivize social protocol development. Both projects emphasize the empowerment of creators and developers through decentralized technology, though they operate at different levels of the Web3 infrastructure. Learn more

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