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Fren Pet (CRYPTO: FP) — Company Overview, News & Financial Data

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Fren Pet

About

Fren Pet is a Tamagotchi-inspired play-to-earn game built on the Base Layer 2 blockchain network. Players mint digital pet non-fungible tokens, feed and care for them, engage in player-versus-player battles, and complete mini-games to maintain their pet's health and level up. The game operates through smart contracts that govern pet lifecycle mechanics, death countdown timers, and reward distributions. Players earn ETH and native project tokens through gameplay achievements, leaderboard rankings, and referral rewards, while token burn mechanisms and in-game shop purchases regulate ecosystem tokenomics.

Snapshot

Public CRYPTOOwnership
-Year founded
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Global footprint

Operations

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Products and/or services of Fren Pet

  • Pet Lifecycle Management: Smart contract-based virtual pet mechanics where players purchase, feed, groom, and maintain digital pets to prevent starvations, level up stats, and earn daily ETH rewards distributed from network transaction fee allocations.
  • Player-Versus-Player Arena: On-chain turn-based battle system allowing pet owners to challenge higher-ranked virtual pets for leaderboard position, winning percentage-based prize pools and taking gold rewards upon successful offensive maneuvers.
  • In-Game Consumables Shop: Decentralized store selling virtual food, cosmetics, weapons, and protective shields purchased with native tokens, where portion of spent tokens gets burned to control circulating supply dynamics.
  • Revenue Distribution Protocol: Smart contract system that automatically redistributes transaction taxes and store revenues back to active pet owners, top leaderboard players, and user recruiters via referral bonus structures.
  • Arcade Mini-Games: Interactive browser-based games embedded in the application where players stake tokens to participate, earn high scores on seasonal leaderboards, and win pooled prize tokens based on overall performance.
  • Layer 2 Blockchain Infrastructure: Smart contracts deployed on the Base network utilizing account abstraction to enable gasless micro-transactions, mobile home-screen Progressive Web App functionality, and automated wallet generation.