BlockBeats news, October 21: According to official announcements, CAT Protocol will launch its first CAT721 NFT collection "Locked-up Cats" on Fractal Bitcoin, with a total supply of 10,000 NFTs.
Each user must lock 100 CAT tokens in a special contract for three months to receive one locked CAT NFT. After the lock-up period, users can withdraw their CAT tokens back to their original wallet addresses.
In addition, the collection is collaborating with OKX on a raffle event. Users who hold 0.0002 BTC and complete designated social tasks are eligible to participate. According to information from the event page, participants do not need to lock 100 CAT tokens themselves; the organizers will handle this on their behalf.
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