$FIRST is a novel exploration into how NFTs, and their communities, can better utilize fungible tokens.

As a Streaming Collection Token (SCT), it deposits directly into the wallet of every Abstract Firsts holder. This happens automatically every Abstract block (about every second) without staking or claims.

There was no pre-sale or reserved supply. The contract is immutable. Even the artist, nix․eth, has to earn it through holding the NFTs. You can read more about this concept on this X thread.