💾 --> 💲 Praxis to $PUNK conversion

Since last summer, holders of TON Punks and Punk City players could farm Praxis 💾. These golden times will remain in our hearts forever.

Today, we proudly announce we're launching Praxis to $PUNK conversion. The token will be soon issued on-chain and begin trading on our partner DEX - Ston.fi. The conversion pool will initially contain 100 000 $PUNK, and the conversion price will depend on the total amount of Praxis on player wallets and $PUNK token available in the pool. The pool will replenish over time.

Conversion and more info about the $PUNK token are available in PunkCity:

@PunkCity2094bot
@PunkCity2094bot
@PunkCity2094bot

🔥 $PUNK token Airdrop ends in less than 24 hours

💲 Hurry up to get your prize from 100,000 tokens pool — more than 10,000 participant wallets have already joined TON Punks x Tonstarter Community Incentives program; they're completing on-chain tasks.

🏆 The reward will be split among 100 best participants sorted by points, and 400 randomly chosen participants.

You can still join by this link: https://tonstarter.com/project/punks

⏳ This airdrop will end tomorrow, at 1PM UTC!

😰 TON Punks Community Incentives extended until 22:00 UTC.

TON Punks Community Incentives is extended until May 8th, 22:00 UTC, and the final results will be announced on May 9th.

💲 Community Incentives Results

🚀 TON Punks x Tonstarter Community Incentives program has ended. The winners are determined, and prizes will be sent right after the token generation event. Information about TGE and DEX listing will be published on Tonstarter and TON Punks channels.

➕ More than 10000 users took part in this airdrop. They played around 80000 matches on CyberArena.

👉 In order to check whether you won a prize or not, proceed to the program’s website:

https://tonstarter.com/project/punks

💎 Punk City is mentioned in the TON GameFi Ecosystem report.

P2E project Punk City was mentioned in "The State of TON GameFi" report. This research was conducted by FS Labs, a venture builder that has been working with the TON ecosystem since its inception. Other major VCs and crypto investors often rely on their reports.

Mentions in such reports are very important for developing the project and attracting attention from investors.

We appreciate such attention from the fund and suggest everyone to put 👏 on their Medium article together:

https://firststagelabs.medium.com/the-state-of-ton-gamefi-791e2b8db073

🔥 СyberArena WebApp

We've updated the CyberArena — it is now based on TelegramGameApi, which moves its visual part to the next level while keeping fair smart-contract-based matches and minimal requirements for your device.

🚀 Our pride is the less than 1-second loading speed. Loading speed is an important indicator for mass adoption — the majority of users won't wait for 1 minute of loading, especially if it's a WebApp — no matter how great it is.

💎 The new version already supports $TON-betted and $PUNK-betted matches, as well as free ones.

📞 We're aware of a gray window bug on Macs. In order to fix it, press the right mouse button and click "reload" in a context menu (this bug is caused by Telegram, and we've already reported it, so a fix is coming soon). We will also implement in-game TON Punks NFT avatars in the following days.

Check out the fastest WebApp of the Wild West:
@PunkCity2094bot

🐶 TON Punks quest

Our NFT holders are eligible to receive 30 XP daily in 🪙 STON.fi launch campaign on Zealy.

🔥 As a result of this campaign, STON.fi will airdrop 300,000 $STON tokens. Meanwhile, they're running TON farming activity that you can also participate

Friendly reminder: It's just one of the benefits that TON Punks NFT holders receive

➕ If you still have no TON Punk NFT to complete this quest, you can easily fix it via 🛍 Getgems.

🚀 TON Punks x TON.vote

DAO management system TON.vote releases a global update with new TON projects DAOs. As steady decentralization supporters, we couldn't have missed this collaboration opportunity!

📞 The prize pool will contain 1000$ in oORBS tokens — it will be divided among 10 winners, who will vote for the most popular project. This event will last till June 20th.

To join the raffle, go to TON.vote, connect your wallet, and vote for a proposal by 🐶 TON Punks.

☑️ Vote

🏆 Punk City League update

Starting this week, the Leagues prize fund will consist of the new currency — $PUNK tokens.

💲 Current League prize fund is 1700 $PUNK.

Any tokens gathered by winning in the League will be available for withdrawal, exchange, and transfer after the TGE, which will take place this month.

🚀 This update symbolizes a step in the continuous tokenization of Punk City

👉 Take part in the League

💲 TGE: 30th of June

🥳 On June 30th, we will generate $PUNK token on-chain and list it on our partners' Ston.fi DEX.

Immediately after TGE, holders will have access to tokens that are not vested, and the liquidity provided by our team will allow free exchange of tokens. The exchange will be available directly in the Punk City — it will definitely facilitate the onboarding of web 2.0 users and increase the demand for the token. We didn't do public and angel seals to force demand to the free market.

📞 Along with the generation of the token, we will launch its staking along with TON Punks NFT staking. Holders of our collection will receive a $PUNK token for owning NFT.

Demand for the token will be generated by games based on it. The first project, @PunkCity2094Bot, is already launched, and the next one is expected to launch in August. In the coming days, we will reveal more information about the next update and future plans.

👉 Meanwhile, you can buy TON Punks NFT at getgems to participate in staking, or try to win tokens by fighting on CyberArena.

🟪 $PUNK token staking

We will launch $PUNK token staking right after its TGE. Staking is a very useful mechanic (especially when launching) that encourages long-term hold and reduces tokens in circulation. We will launch the first fully on-chain staking ever among TON Jettons.

❗️ Staking will be easily accessed through Punk City menu.

💲 Holders will be allowed to stake $PUNK either with 3 or 6 months of lockup or without it.

🔥 Position APY without lockup ~ 5.5%
🔥 Position APY with 3 months lockup ~ 9%
🔥 Position APY with 6 months lockup ~ 15%

The early position closing fee will be equal to 3%

APY is subject to change, however, it will not affect any positions that are already open. $PUNK tokenomics is deflationary — meaning that all tokens will be released from the Ecosystem fund, not emitted. Every year APY will decrease by half.

React with 🔥 if you'd like to know how TON Punks NFT staking will work.

😮 We also remind you that now is the best time to get yourself a Punk NFT at getgems or win some $PUNK tokens in the PunkCity's League.

🟪 $PUNK in Punk City

The first P2E project that will integrate $PUNK is 🏙 Punk City. This will create demand and use cases for the token right after TGE.

💲 $PUNK will be used to purchase Web3 assets, repair them, and to participate in PVP battles. The winner's prize in TON-betted matches will be automatically converted into $PUNK

🧬 Thanks to Ston.Fi SDK integration, the token exchange will be available right through the bot's interface. Taking into account the already existing in-game wallet, Punk City becomes the easiest web3 entry point for Web 2.0 audience.

🚀 The project growth will be based almost entirely on Web 2.0 users. A massive PR campaign will begin after launching the token.

This means NOW is the best time to get yourself a nice TON Punks NFT via Getgems.

🩸 Web3 assets & Neurobox for $PUNK

Web3 assets are a key reason for moving games from web 2.0 to web3. Our game ecosystem will be based on interacting with them. $PUNK will become a currency for trading web3 assets.

To experience web3 assets within Punk City, you may try opening a 🟦 Neurobox and equipping its dropped weapon. Today it became available to acquire this loot box for $PUNK.

This Friday, we will present the new weapon 🟩 collection, so currently available weapons only remain with players, who will soon be able to trade them on the secondary market. With each match, weapons will lose durability and eventually break and self-destroy. These mechanics introduce a deflation mechanism.

Buy 🟦 Neurobox for $PUNK

If you have no $PUNK, you can get a 🟦 Neurobox for TON. We will add 100% of these TON to the $PUNK liquidity pool on TGE day

😍 TON Punks NFT staking

Staking is one of the main features awaited by holders, and its economic design turned out as the most difficult task.

On the one hand, it should generate enough tokens to affect the floor and satisfy holders. On the other hand, it shouldn't break its own price, so the reward must be balanced.

To ensure this balance, we've developed a dynamic formula

➕ Each staked TON Punks NFT will monthly yield 1/12 of the collection floor price, as long as:

➕ Total rewards will not exceed 1/5 of all $PUNK tokens locked for at least 3 months.

This way, the whole community will be able to affect NFT holding rewards and contribute to $PUNK.

Since the current staking model is in beta, we will adjust it in the following months, according to community feedback and proposals.

🔥 As always, you can get yourself an NFT before their staking is launched. Click here to visit Getgems.

🚬 New $PUNK TGE date

Due to technical reasons, we were forced to reschedule the previously announced TGE to Tuesday, July 4th. These few days are required to complete all planned features.

Thank you for understanding. We continue to work on the token and its ecosystem without days off.

🔥 Deflationary mechanics in Punk City

1. After each $PUNK-betted battle, the contract will burn 2.5% of the bet — this way, we have already burned 1989 $PUNK until today, and this number will continue to grow!

2. 25% of tokens spent on weapon repairs will be also burnt.

❤️ Additionally, as a bonus for rescheduling the TGE, we will burn all tokens spent to purchase 🟦 Neuroboxes. Last week players bought 154 loot boxes, pricing at 25 $PUNK each.

🔥 This way, we already burnt 6111 $PUNK, although the token didn't even launch yet.

This shouldn't be underestimated — at the listing date, holders and investors will have less than 100K $PUNK available for trading. Tomorrow we will publish detailed information on vesting & unlocks.

🚀 If you want to contribute to deflation — get a 🟦 Neurobox. Tomorrow it will permanently disappear from sale.

🟪 $PUNK tokenomics & lockups

TGE is coming really soon, so it's time to tell you, who will get their tokens today.

💾 Pre-seed round investors own 667K tokens that will be unlocked within 3 years. At the moment of TGE, they will receive 33.5K tokens (5% of their whole share)

💾 75,000 tokens will be unlocked for all airdrop winners and Punk City players.

💲 The total number of tokens that will circulate after TGE, taking burning into account, will be about 100,000 $PUNK

➕ Detailed information on token distribution and unlocks is available in the table. (We will distribute tokens across all contract within a week after the TGE)

🟪 $PUNK listing on STON.fi will happen today at 6:30PM UTC.