First Ever NFT

$FEN 384

$0.0...0192

0.00%

Twitter (X) Telegram

BSC 0xfdb9ef78aac9a6eb96fcf06e6a7602f4ec31991b

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6h %

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Market Cap

$17.3K

Volume 24h

$0.06

Liquidity

$1.38

About First Ever NFT

FEN Token was created as the token of the community of

First Ever NFT Collection, and the official token for our P2E Game.
As a part of a system that we have implemented, every holder will receive a different amount of Free Drop Tokens, Ranging from 10 to 100 $FEN per drop, per rarity of the Crypto Player.

Security Scan

Automated scan — always DYOR.

AI Analysis

First Ever NFT ($FEN) positions itself as the official token for what claims to be the first-ever NFT-based gaming ecosystem, blending collectibles with a play-to-earn (P2E) game economy. While the project boasts a 52-month track record and a native token tied to NFT rarity, its current on-chain footprint—zero recorded volume, a single transaction in the last 24 hours, and a micro-cap status—raises questions about execution. The BNB Smart Chain deployment suggests accessibility for retail traders, but the absence of audits and liquidity deeper than $6,895 leaves its practical utility untested.

Frequently Asked Questions

What is the market cap of FEN?

The market cap of First Ever NFT is $17.3K.

What is the 24-hour trading volume for FEN?

The 24-hour trading volume for FEN is $0.06.

Where can you buy FEN?

First Ever NFT (FEN) can be traded on: www.bitmart.com.

How does $FEN’s token distribution differ from other P2E gaming tokens, and what’s the incentive model for holders?

$FEN’s system allegedly rewards holders with free drops of tokens based on NFT rarity, ranging from 10 to 100 $FEN per drop. While this mirrors traditional P2E mechanics, its novelty lies in tying rewards directly to NFT attributes rather than in-game achievements or staking. The on-chain data, however, reveals no transaction volume to validate these claims, leaving the distribution mechanism unverified. Without a whitepaper or audited smart contracts, the scalability of this model—and whether it’s sustainable—remains an open question.

What kind of game or metaverse experience is First Ever NFT actually building? Are there gameplay demonstrations or trailers available?

The project’s user-submitted description lacks specifics, mentioning only a ‘system’ where NFT holders receive token drops tied to rarity. There’s no mention of a playable game, metaverse features, or even a playable alpha. The absence of social proof beyond a barebones Twitter/X and Discord—combined with zero on-chain activity—suggests the project’s core offering is still theoretical. This gap between concept and execution is a red flag for a project that’s over 4 years old.

With $FEN deployed on BNB Smart Chain, what are the risks of token holders given the chain’s reputation for meme projects and regulatory scrutiny?

BNB Smart Chain is favored for low-fee transactions and meme-coin culture, which means $FEN operates in a high-noise, high-risk environment where scams and rug pulls are common. The chain’s association with speculative projects could attract opportunistic traders, but it also increases vulnerability to exploits or sudden liquidity crises. Additionally, the lack of security audits—despite the project’s maturity—exposes holders to unaddressed smart contract vulnerabilities, a critical oversight for any token with an economic model tied to NFTs.

Token Stats

Chain BSC

Launch Date Feb 01, 2022

Age 4y

Decimals 18

Native Price 0.0...0192 USDT

Holders 3,588 live

Contract

0xfdb9ef78aac9a6eb96fcf06e6a7602f4ec31991b

24h Sentiment

0 Buys (0%) 1 Sells (100%)

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