What Is PunkCity (PUNK):
Everything You Need to Know
Time to read: 8 min
How to Buy PunkCity (PUNK)?
If you’re interested in buying PUNK, simply follow these easy steps:
- Purchase Toncoin: Buy TON with 20+ fiat currencies at Switchere.com, using the most popular payment methods, including credit cards, direct bank or SEPA transfers, or mobile payments like Apple Pay and Google Pay.
- Prepare Your Wallet: Set up a TON-compatible wallet like Tonkeeper to manage and store PUNK.
- Swap for PUNK: Use the purchased TON coins to swap for PUNK tokens on STON.fi.
PunkCity (PUNK) is a unique gaming project within the TON blockchain ecosystem. It combines gaming and earning mechanics, creating an innovative GameFi platform powered by a Telegram bot.
In this guide, we’ll explore what PunkCity is all about, how the PUNK token works, and how players can earn within the ecosystem. We’ll also cover the game mechanics, the role of the TON Punks NFT collection, and the staking options available.
What Is PunkCity (PUNK)?
PunkCity is a Play-to-Earn metaverse powered by a Telegram chatbot, where players can join player-versus-player (PvP) battles and earn rewards in PUNK tokens. The main feature of the ecosystem is a collection of 5,149 NFTs called TON Punks, which also play a key role in the staking system. The game itself is built around the project’s native token, PUNK.
PunkCity (PUNK) Overview
PUNK Price $1.38 PUNK Market Cap $24.36M PUNK Total Supply 49.96M PUNK PUNK Circulating Supply 17.37M PUNK PUNK Trading Volume $58,492.88 All-Time High (ATH) $1,403.06 All-Time Low (ATL) $0.001358
What Is PUNK Used For?
As mentioned before, PUNK is the native token of the TON Punks project and the in-game currency for PunkCity. You can earn it by winning arena battles or through NFT staking. It’s also easy to swap TON for PUNK on STON.fi. PUNK plays a key role in the game, powering:
- Buying in-game Web3 assets like weapons and gear
- Repairing in-game gear
- Placing bets on battles in PunkCity
- Staking
PUNK Tokenomics
Each in-game transaction includes a deflation mechanism. After every battle, 2.5% of the bet amount is burned. Additionally, 25% of the tokens used for repairing in-game weapons are burned, helping to maintain token scarcity and drive demand. The total supply of PUNK tokens is capped at 50 million. PUNK tokens are distributed as follows:
- Ecosystem Fund: 41% (for ecosystem support and acquisitions)
- Founders, Team & Core Investors: 22% (for team and core investor rewards)
- Liquidity: 20% (to maintain liquidity)
- DAO Treasury: 15% (for managing community funds)
- Pre-seed Round: 1% (for early investors)
- Airdrop: 1% (to reward users)
How to Play PunkCity: Key Things to Know
PunkCity is a Telegram bot game that launched in late 2023. The game allows players to compete in PvP battles by betting PUNK or TON tokens. Since the game is fully integrated into Telegram, it’s easy to access — just click the ‘Play’ button in the bot to start a battle.
The battles use a ‘rock-paper-scissors’ style system, where players pick one of six weapons. Each weapon beats two others but can also be beaten by two. Once a weapon is chosen, players battle until one wins, with the winner earning PUNK tokens as a reward.
The Gaming Process
You don’t need to sign up to start playing — your Telegram profile is all you need. The game is all about luck, with the luckiest player winning. You start off with basic gear, but if you want to boost your chances, you can buy better weapons through loot boxes. There are four levels of gear rarity:
- Common (basic level)
- Rare
- Epic
- Mythical (the top level)
The game also features missions that players can complete to earn extra tokens. These tasks can be anything from dealing a certain amount of damage to swapping TON tokens for PUNK.
Game Strategy
As mentioned earlier, there’s no clear strategy for winning since the game is entirely based on chance. The only way to boost your chances is by using rarer gear, but even that doesn’t guarantee a win. The ‘rock-paper-scissors’ mechanic involves random weapon choices, making each battle unpredictable.
Referral Program
PunkCity offers a referral program that rewards users 10% of the commission from battles played by people they refer. This initiative encourages users to spread the word about the game and attract new players, helping to grow the community.
How to Withdraw Earnings from PunkCity?
Winnings are paid in PUNK or TON tokens and appear in the Telegram bot’s built-in crypto wallet after each battle. You can transfer these tokens to your main crypto wallet. After that, you can swap the tokens on exchanges and withdraw the funds to your bank card.
TON Punks NFT Collection
TON Punks is a collection of 5,149 unique pixel avatars central to the PunkCity ecosystem. Currently, the floor price for an NFT from this collection is 120 TON, with a total trading volume of 797,000 TON. Owning a TON Punks NFT comes with several benefits, including:
- Participating in a decentralized autonomous organization (DAO)
- Staking to earn PUNK tokens
- Using them in PvP battles in the PunkCity game
TON Punks NFT Staking
Staking NFTs from the TON Punks collection is a great way for owners to earn extra income. Each month, you receive 1/12 of the floor NFT price on Getgems through staking. These payments are made daily in PUNK tokens, and the floor price of the collection unit is key to determining how much you earn.
How to Stake TON Punks NFTs?
- Open the ‘Profile’ tab in the bot.
- Click ‘Connect TON Punks NFT’ and enter your punk’s number.
- Once connected, go to ‘Staking’ and select either NFT or PUNK to stake.
- That’s it! Start earning your staking rewards.
PUNK Staking
Players can stake both NFTs and the PUNK token itself. There are three staking options for PUNK, each with different lockup periods:
- No lockup: 5.5% per year
- 3-month lockup: 9% per year
- 6-month lockup: 15% per year
As mentioned, PUNK has deflationary tokenomics, meaning the total number of tokens in circulation decreases over time. It’s important to keep this in mind when staking PUNK.
PunkCity Development & Latest News
The PUNK token was airdropped several times before PunkCity officially launched. The only official Telegram channel for PunkCity is the one for the TON Punks NFT project, which includes the game itself in its ecosystem. PunkCity is growing rapidly, with its community now reaching around 230,000 members.
In 2024, the project achieved several key milestones, including getting listed on CoinMarketCap and improving the game’s interface. New features are regularly added, such as PunkCity citizen passports in NFT form and unique weapons that players can get from loot boxes.
PunkCity Future Prospects
At the time of writing this guide, the project team has completed all the roadmap stages, including the game’s release. In the future, the project will likely expand its ecosystem by adding new games and NFT collections connected to PunkCity. There’s also a chance the PUNK token will become available on more exchanges, though for now, it’s only traded on STON.fi.
Conclusion
PunkCity is a fast-growing project on the TON blockchain that combines gaming with earning opportunities to give users a unique experience. With its simple Play-to-Earn system, players can earn by joining battles and staking NFTs. Thanks to the TON Punks ecosystem and its integration with Telegram, the project is easily accessible to a broad audience.
Disclaimer
This information is provided for informational purposes only. Such information is not intended as and may not be relied upon as investment advice. Before deciding to buy cryptocurrencies, you should carefully consider your objectives, level of experience, and risk appetite. Please do your own research and due diligence on the services provided by online cryptocurrency exchange platforms.
FAQ
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How to Buy PunkCity (PUNK)?
If you’re interested in buying PUNK, simply follow these easy steps:
- Purchase Toncoin: Buy TON with 20+ fiat currencies at Switchere.com, using the most popular payment methods, including credit cards, direct bank or SEPA transfers, or mobile payments like Apple Pay and Google Pay.
- Prepare Your Wallet: Set up a TON-compatible wallet like Tonkeeper to manage and store PUNK.
- Swap for PUNK: Use the purchased TON coins to swap for PUNK tokens on STON.fi.
PunkCity (PUNK) is a unique gaming project within the TON blockchain ecosystem. It combines gaming and earning mechanics, creating an innovative GameFi platform powered by a Telegram bot.
In this guide, we’ll explore what PunkCity is all about, how the PUNK token works, and how players can earn within the ecosystem. We’ll also cover the game mechanics, the role of the TON Punks NFT collection, and the staking options available.
What Is PunkCity (PUNK)?
PunkCity is a Play-to-Earn metaverse powered by a Telegram chatbot, where players can join player-versus-player (PvP) battles and earn rewards in PUNK tokens. The main feature of the ecosystem is a collection of 5,149 NFTs called TON Punks, which also play a key role in the staking system. The game itself is built around the project’s native token, PUNK.
PunkCity (PUNK) Overview
| PUNK Price | $1.38 |
| PUNK Market Cap | $24.36M |
| PUNK Total Supply | 49.96M PUNK |
| PUNK Circulating Supply | 17.37M PUNK |
| PUNK Trading Volume | $58,492.88 |
| All-Time High (ATH) | $1,403.06 |
| All-Time Low (ATL) | $0.001358 |
What Is PUNK Used For?
As mentioned before, PUNK is the native token of the TON Punks project and the in-game currency for PunkCity. You can earn it by winning arena battles or through NFT staking. It’s also easy to swap TON for PUNK on STON.fi. PUNK plays a key role in the game, powering:
- Buying in-game Web3 assets like weapons and gear
- Repairing in-game gear
- Placing bets on battles in PunkCity
- Staking
PUNK Tokenomics
Each in-game transaction includes a deflation mechanism. After every battle, 2.5% of the bet amount is burned. Additionally, 25% of the tokens used for repairing in-game weapons are burned, helping to maintain token scarcity and drive demand. The total supply of PUNK tokens is capped at 50 million. PUNK tokens are distributed as follows:
- Ecosystem Fund: 41% (for ecosystem support and acquisitions)
- Founders, Team & Core Investors: 22% (for team and core investor rewards)
- Liquidity: 20% (to maintain liquidity)
- DAO Treasury: 15% (for managing community funds)
- Pre-seed Round: 1% (for early investors)
- Airdrop: 1% (to reward users)
How to Play PunkCity: Key Things to Know
PunkCity is a Telegram bot game that launched in late 2023. The game allows players to compete in PvP battles by betting PUNK or TON tokens. Since the game is fully integrated into Telegram, it’s easy to access — just click the ‘Play’ button in the bot to start a battle.
The battles use a ‘rock-paper-scissors’ style system, where players pick one of six weapons. Each weapon beats two others but can also be beaten by two. Once a weapon is chosen, players battle until one wins, with the winner earning PUNK tokens as a reward.
The Gaming Process
You don’t need to sign up to start playing — your Telegram profile is all you need. The game is all about luck, with the luckiest player winning. You start off with basic gear, but if you want to boost your chances, you can buy better weapons through loot boxes. There are four levels of gear rarity:
- Common (basic level)
- Rare
- Epic
- Mythical (the top level)
The game also features missions that players can complete to earn extra tokens. These tasks can be anything from dealing a certain amount of damage to swapping TON tokens for PUNK.
Game Strategy
As mentioned earlier, there’s no clear strategy for winning since the game is entirely based on chance. The only way to boost your chances is by using rarer gear, but even that doesn’t guarantee a win. The ‘rock-paper-scissors’ mechanic involves random weapon choices, making each battle unpredictable.
Referral Program
PunkCity offers a referral program that rewards users 10% of the commission from battles played by people they refer. This initiative encourages users to spread the word about the game and attract new players, helping to grow the community.
How to Withdraw Earnings from PunkCity?
Winnings are paid in PUNK or TON tokens and appear in the Telegram bot’s built-in crypto wallet after each battle. You can transfer these tokens to your main crypto wallet. After that, you can swap the tokens on exchanges and withdraw the funds to your bank card.
TON Punks NFT Collection
TON Punks is a collection of 5,149 unique pixel avatars central to the PunkCity ecosystem. Currently, the floor price for an NFT from this collection is 120 TON, with a total trading volume of 797,000 TON. Owning a TON Punks NFT comes with several benefits, including:
- Participating in a decentralized autonomous organization (DAO)
- Staking to earn PUNK tokens
- Using them in PvP battles in the PunkCity game
TON Punks NFT Staking
Staking NFTs from the TON Punks collection is a great way for owners to earn extra income. Each month, you receive 1/12 of the floor NFT price on Getgems through staking. These payments are made daily in PUNK tokens, and the floor price of the collection unit is key to determining how much you earn.
How to Stake TON Punks NFTs?
- Open the ‘Profile’ tab in the bot.
- Click ‘Connect TON Punks NFT’ and enter your punk’s number.
- Once connected, go to ‘Staking’ and select either NFT or PUNK to stake.
- That’s it! Start earning your staking rewards.
PUNK Staking
Players can stake both NFTs and the PUNK token itself. There are three staking options for PUNK, each with different lockup periods:
- No lockup: 5.5% per year
- 3-month lockup: 9% per year
- 6-month lockup: 15% per year
As mentioned, PUNK has deflationary tokenomics, meaning the total number of tokens in circulation decreases over time. It’s important to keep this in mind when staking PUNK.
PunkCity Development & Latest News
The PUNK token was airdropped several times before PunkCity officially launched. The only official Telegram channel for PunkCity is the one for the TON Punks NFT project, which includes the game itself in its ecosystem. PunkCity is growing rapidly, with its community now reaching around 230,000 members.
In 2024, the project achieved several key milestones, including getting listed on CoinMarketCap and improving the game’s interface. New features are regularly added, such as PunkCity citizen passports in NFT form and unique weapons that players can get from loot boxes.
PunkCity Future Prospects
At the time of writing this guide, the project team has completed all the roadmap stages, including the game’s release. In the future, the project will likely expand its ecosystem by adding new games and NFT collections connected to PunkCity. There’s also a chance the PUNK token will become available on more exchanges, though for now, it’s only traded on STON.fi.
Conclusion
PunkCity is a fast-growing project on the TON blockchain that combines gaming with earning opportunities to give users a unique experience. With its simple Play-to-Earn system, players can earn by joining battles and staking NFTs. Thanks to the TON Punks ecosystem and its integration with Telegram, the project is easily accessible to a broad audience.
Disclaimer
This information is provided for informational purposes only. Such information is not intended as and may not be relied upon as investment advice. Before deciding to buy cryptocurrencies, you should carefully consider your objectives, level of experience, and risk appetite. Please do your own research and due diligence on the services provided by online cryptocurrency exchange platforms.
FAQ
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