CORE

CorePunks: The First Punk NFTs on the Core Blockchain Have Been Sold Out

by BSC News

March 4, 2023

With its unique attributes, CorePunks is already making its mark as the first punk PFPs on the Core chain.

‍What is CorePunks?

CorePunks is a 10,000 digital collectibles punks pfps launched and deployed on the Core Network. They are the 1st Punk NFTs on the Core blockchain. Each of the Core Punks has attributes that make them unique according to a defined rarity system. The entire collection of 10,000 Punks was officially minted out on Feb 23 2023, solidifying their history as the 1st Punks on the Core Chain.

Why is CorePunk special?

The original cryptopunks on the Ethereum mainnet shocked the world when rare punks sold for over $6 million. To this day, even non-rare cryptopunks trade within 5 to 6 digits! Why? Some people ask, as there is no tangibility to NFTs. As famed Cathie Wood stated, there is wonder in these digital arts as “blockchain technologies [provide] — immutability”. There is preservation and worth stored in these cute little art pieces, and with varying rarity, it makes sense the extremely rare ones fetch a high price.

So back to the question, why CorePunk? Simple: Speed, Supply, and Scarcity. Not only is Core chain extremely fast and cost-efficient, but there will also be a rise in demand for NFTs that are both scarce and in demand.

Once all 10,000 punks are minted, there will only be an opportunity to get your hands on one if you buy on the market.

How to Mint Corepunk?

CorePunks were minted at 0.3 Core, and all collection were minted out within 24hrs, but you can visit the link to purchase from the market.

How to Purchase CorePunk

To purchase corepunk, make sure you have already funded your wallet, now follow the steps:

Visit Youngparrot Marketplace
Connect your Metamask
Make sure the network is on Core Mainnet
Find any Piece you wish to buy, and confirm the transaction on your wallet.

How to Check After Purchase

Visit your profile here
Click “Collected”
You will see your punk nft under there.
You can sell/List, transfer /make profile Picture.

What is CorePunk utility?

CorePunks were originally created with no utility but to serve as its own native utility for upcoming projects that will be launching on Core Ecosystem & projects that could want to share some incentives to CorePunk Holders as cultural tributes.

But after much deliberation, the team decided to introduce some interesting utilities that will keep the project advancing in the long term & make the floor price increase further.

The 3 Major Core Utilities

Launching a Community Token ($CPUNK)

$CPUNK is a cultural community token created to reward corepunk holders & as a set of functions to govern the corepunk ecosystem. CorePunk NFT Holders will be airdropped $CPUNK Token. More info about the drop will be revealed later!

NFT staking

The team wanted to build a dynamic nft staking system whereby users can stake their punk nft holdings and earn $CPUNK token as rewards on a time frame basis. This will allow many to hold their punk, thereby leading to a spike in the corepunk floor price.

A NFT AMM Live Liquidity Pool

CorePunks be allocating 20% of Funds generated from $CPUNK token sale to add Liquidity to our NFT AMM Marketplace, where users can swap/sell their punk nft directly without waiting for buyer confirmation. This system will, in turn, have a historical impact on the floor price of the corepunk collection.

RoadMap

Below is a pictorial description of the CorePunks roadmap.

Tokenomics & Token Distribution

Below are pictorial descriptions of the CorePunks tokenomics and distribution.

About $CPUNK Presale/IFO/IPO

Token Sale Date: TBA
Total Supply Allocated for Presale: 30%
Presale Price: TBA
Listing Price: TBA
LaunchPad: Shadowswap DEX/LFG Finance
Total Supply: 100M

Corepunks will partner with Launchpad platforms to hold its Token Sale. The details will be revealed after finalizing all deals with partners.

$CPUNK Airdrop Distribution

The CorePunk team will announce a snapshot date of Corepunk nft holders, or take a snapshot of nft holders unannounced. They might be distributing the biggest Airdrop in Core History - Just make sure you hold a CorePunk NFT. The date of the distribution will be announced to the public later.

Note: All Listed NFTs won’t be included in the snapshot. You must delist your corepunk to qualify for the drop.