RULE 1: TYPE B CONVERSION

The FROE ($ROE) token is the backing asset of Type B Fishfactory NFTs and the following governance model applies to the release of these NFTs (i.e FROE ($ROE) can only be in circulation if community members decides to mint the Type B NFTs).

🔹 All Type B NFTs are backed to $FROE asset with the standard formulae: GW🧞 x 0.2 $FROE🍳.

🔹 GW🧞: Genie Wish Color Codes represents an assigned Color and number code to the background of every minted arts. The Genie Wish Color Code are 8 prime numbers from 3 — 23 (3, 5, 7, 11, 13, 17, 19, 23).

🔹VS🕶: Variant Color Shades are even-decimal numbers assigned to Genie Wish Color Code (0.2, 0.4, 0.6, 0.8). 🔹SGW🧞: Super Genie Wish Codes are 10times a GW Code, featured as: 30, 50, 70, 110, 130, 170, 190, 230

🔹 Only a total of 1,000 Type B NFTs can be issued in a calendar year to increase the supply of $FROE assets.

🔹 Every issued NFTs will be release in the pack of 10 collectibles per art and the art must be burnt by the Minter at conversion.