Firepin launched in early 2022 with a presale for its native token, FRPN. The project marketed itself as a "community-driven DAO universe" with plans to invest in NFT game development, 3D and metaverse games, and build a multi-chain platform integrated with blockchains like Ethereum, BNB Chain, Solana, Avalanche, and Polygon. Following its launch, the token's value collapsed significantly, and all official communication and development activity ceased by late 2022, leading to it being widely considered a failed or abandoned project.