🔥 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.

🟪 $PUNK ownership renounced

We have renounced $PUNK contract ownership. It means we can no longer control its emission and parameters anymore, eliminating human factor risks.

🚀 You can check this via Tonscan. It also confirms that we launched fees burning mechanics, so the total supply decreases.

Our deflating token is available for trading at Ston.Fi:

https://app.ston.fi/swap?ft=TON&tt=PUNK

🟪 Project traction for 5 days:

👻 Development:

- TON Punks NFT are now displayed in CyberArena
- Rewards for NFT staking appeared in the bot
- Onboarding has been updated to be more convenient for newcomers

📊 Stats:

- 5200 $PUNK were spent on match bets
- 52 $PUNK were burned
- 24840 $PUNK were added to staking

Buy 🟪:
https://app.ston.fi/swap?ft=TON&tt=PUNK

⏺ Claim is live. The road is shorter

TON Punks NFT staking rewards became available for claiming. Every holder can now stake their NFTs and get $PUNK tokens, freely tradable on Ston.fi, as a reward.

📆 This signalizes that another important roadmap entry has been completed. Punk City project team continues to follow the plan, building value for our holders and users. The value will reach its high at 100% vision realization. In the meantime, you can:

🐶 Buy an NFT to stake it and receive $PUNK

🟪 Get $PUNK to stake it and receive even more tokens in return, while also increasing your NFT yield.

🐶 Praxis DAO

Our DAO's first proposal is available for voting. All TON Punks NFT holders are invited to join.

1 NFT = 1 vote

This proposal is about re-tethering all staked Punks.

🗳 Vote here

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🐶 Punk City GameFi contest #1

We are starting the contest season to create the best web3 games for $PUNK and TON ecosystems.

🔥 Contest will be held in two stages, each will last 3 weeks:

1. Entry selection. At first, we will select projects that meet the criteria listed below.

2. Showcase and voting. Selected projects will have an opportunity to show their developments in the holders' chat, collect feedback and finalize their product. Besides, these projects will receive product and technical advice from the Punk City team. At the end of this stage, our NFT holders will choose the winner by on-chain voting. The 2nd and 3rd places will be automatically passed to the next contest.

🧬 Project requirements:

– Team, MVP, and a solid gameplay concept.
– The project must be ready to integrate the $PUNK token. It must be the only token used in the project.
– The project team must burn 149 $PUNK, and its representative must be a member of our holders' chat to make the project eligible for the finals.

🚀 The winner will receive:

– A $5000 grant for Telegram Ads
– Assistance with integration to Punk City, as well as media support from TON Punks and friendly influencers.
– Assistance in raising investments for project development.

Fill out the participant form to join the game dev community and this contest. Good luck!

🎟 Daily Raffles in Punk City

There's an update at the Missions Terminal! A daily $PUNK raffle appeared there.

📞 Here's how it works:

1. The prize fund consists of a minimum of $100 $PUNK, replenishing from the ecosystem fund.

2. To participate in the Raffle, you should complete one of the daily tasks. For example — fight on CyberArena or swap $PUNK.

3. You can also buy a ticket. 50% of its cost goes to the reward fund.

4. Other projects can post custom tasks for $10,000 $PUNK. Half of this amount goes to the prize pool. This mechanic will bring more attention to new products launching on TON and boost Punk City's economy.

🐶 The full list of tasks is available in the Missions Terminal.

The new raffle has already started! Join it at
@PunkCity2094bot

📞 Telegram Apps Center editors seem to have good taste

🐶 你好! New languages of Punk City!

We've rolled out Chinese and Indonesian versions of Punk City — you can switch the language in the "👾 My Profile" menu section. Moreover, we're starting a new ad campaign targeting Asian users the next week!

👮‍♀️ First brick of Chinatown 2094 has been set. To buy some tokens faster than Jacky Chan, proceed with this link.

😮 New deposit options

Depositing onto your Punk City in-game wallet became easier — we've enabled WalletPay and NeoCrypto deposits!

We continue to lower the game entry threshold and build a seamless crypto experience to shift users' focus from financial operations to gameplay and GameFi, complementing the overall direction of our front-end blockchain.

🚀 Click here to try seamless deposits and play some matches!

🟧 The new era of Punk City

The 🟩 was replaced by the 🟧 Atomic Box. It contains 15 unique weapons that will diversify game builds. The new lootbox is focused on enhancing the weapon effects.

🗂 For your convenience, we have created a unified doc for all weapon collections, where you can read about their perks and stats.

🐶 We somehow realized the new weapon collection always preceded major updates.

It doesn't seem to be a coincidence.

🔮 You can buy 🟧 for 🟪 here (by the way, you'll receive 5 🎟 raffle tickets per each purchased loot box)

⚖️ $PUNK Market Cap — 2.2M USD

Last week we locked $PUNK in special smart contracts that will gradually unlock tokens according to the corresponding schedule. Currently, there are 4 million $PUNK in free circulation.

🚀 Based on this data, $PUNK circulating supply has been verified by CoinGecko, and now we rank 11th (just like TON) in Telegram Bots category with market cap of ~2.180.000 USD. Each further unlock will increase $PUNK tokens in circulation, pushing capitalization and our position in ranking to new heights.

🔥 You can still buy $PUNK before the next unlock using Ston.FI DEX.