Punks have simply become a part of the social status game as only a handful of people were lucky enough to spot the opportunity and understand the potential value behind it. The possibilities for Juno Punks and the impact on the JUNO culture are so endless that they can’t possibly be predicted yet. $Punk is a token made to support what’s next for Juno and its community. A token that will unify all different communities towards one unique goal, making JUNO among the top 20 cryptocurrencies by market cap value. Furthermore, $Punk token will serve as the driving factor for the development of the Punks decentralized protocol which will include an ecosystem touching every industry in the crypto market starting from “gaming”.
$PUNK Contract Address: juno13926947pmrjly5p9hf5juey65c6rget0gqrnx3us3r6pvnpf4hwqm8mchy
THE JUNO PUNK DAO
Even without a recognized leader, DAOs function with an understanding that all of its members will follow a specific set of rules.
We created the Punk DAO Because we believe that DAOs offer the promise of enabling a focus on community, rather than just profit, and might offer a more socially-conscious structure. We are aware that DAOs will require overcoming significant hurdles, but the motivation to organize a community in a fair way delivers potential benefits and are undeniable therefore it’s critical to the success of the Punk ecosystem.The Punk Dao is open to all $Punk holders and this will allow them to make decisions regarding Ecosystem Fund allocations, governance rules, projects, partnerships, and beyond.
THE JUNO PUNKS COUNCIL
A special council will be formed by the 10th biggest Punks NFT holders, at the behest of the Punks DAO members, oversight by the Punk Foundation. The purpose of the Board is to administer DAO proposals and serve the vision of the community. It meets on proposals requiring administrative review under Punks DAO rules. The initial Board serves a term of 1 month, after which it will be taken another snapshot to determine who are the new 10 top NFT Punk holders to form the council.
The Punk foundation is tasked with administering the decisions of the Punk DAO, and is responsible for daily administration, project management, auditing, and other tasks that ensure the DAO community’s initiatives have the support they need to become a reality and to expand the ecosystem.
The goal of the Punk Foundation is to ensure that the growth and development of the Punk ecosystem is happening in a fair and inclusive way.
$PUNK is a cw20 governance and utility token built on the JUNO blockchain which will be used in the Punk ecosystem. The goal of Punk token is to empower communities in the JUNO blockchain and unify them in positive and negative momentum by supporting their initiatives and building on top of other projects to either improve certain protocols or expand with new projects the ecosystem.
JUNO $PUNK ALLOCATION
The total supply of $Punk tokens is fixed at 12.345.678 tokens. No minting capability is exposed through the contract interface, thus the total supply will never increase. From the other hand the contract interface does have a burning capability, so the total supply may decrease if the initial airdrop is not claimed within 7 days from when it’s sent to JUNO Punk NFT holders. This will decrease the total supply and increase the scarcity and value of the token itself.
Who is eligible for the airdrop? All the NFT holders are eligible for the PunkDrop and it will be divided as follows:
Punk Genesis (Free mint): 3.000 $PUNK tokens x NFT
Punk II: 1.500 $PUNK x NFT
JUNO PUNKS II Martians NFT
Juno Punks II Martians is the second collection of the Juno Punks project. This collection will play a key role in the development of the ecosystem. All the funds collected will be used to create a liquidity pool $JUNO/$PUNK on JunoSwap.