# About us

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Our OG team launched the first generative art collection on the Solana blockchain ([Frakt](https://www.tensor.trade/trade/frakt)) on June 7 2021. Since then, we have been building revenue generating NFTxDEFI protocols on Solana.

#### **Jun 2021**

Frakt was the first generative art collection on Solana, as well as being the third NFT collection to launch on Solana

#### **Nov 2021**

The team behind the [Pawnshop Gnomies](https://www.tensor.trade/trade/pawnshop_gnomies) NFT collection was the first to issue an on-chain NFT loan on Solana

#### **Mar 2022**

Merger between Frakt & Pawnshop Gnomies

#### **Jun 2022**

Successful Seed Stage Raise (see [fundraising announcement](https://twitter.com/FRAKT_HQ/status/1540337860716396545?s=20\&t=56ytq2eB8D-oP_r2p3GClw))

**July 2022**

Release of frakt peer-to-pool perpetual loans

**Dec 2022**

Frakt received a 5% [$hades allocation](https://x.com/hadeswap/status/1606043565208915968?s=20) for its contribution to Hadeswap

**Apr 2023**

Release of frakt peer-to-peer fixed duration loans

#### **June 2023**

Mint of the Banx NFT collection to unite the FRAKT and Pawnshop Gnomie communities

#### **July 2023**

Release of [Banx staking & adventures](https://docs.banx.gg/banx-nfts/staking-and-adventures), distributing 100% of our previous and ongoing revenue to adventures participants

#### **Oct 2023**

Rebranding from frakt.xyz to [banx.gg](https://banx.gg/) and release of our peer to peer Perpetual loans, a first on Solana

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