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#What is Project StreetPunks
StreetPunks was born in late October 2021, created by an enthusiastic group of individuals brought together by their passion of CryptoPunks. Project StreetPunks strives to be a decentralized community orientated token which supports our NFT collections.
The tokens and NFTs are created on the BSC (Binance Smart Chain). Holding a StreetPunks NFT is your gateway to a ton of utilities, including StreetPunks airdrops, staking bonuses and a revenue share from the NFT sales. Moreover, StreetPunks aims to integrate its NFTs into the Metaverse with the purpose to expand holder privileges into the virtual world.
#PUNKS token
The buyback function of the StreetPunks smart contract exchanges liquidity from the reserve liquidity pool for $PUNKS tokens in the main liquidity pool. These tokens are automatically sent to the burn wallet. This adds value to the liquidity pool of the $PUNKS token, and permanently reduces supply. The StreetPunks contract is coded to collect 15% in fees from all transactions (buys, sells and transfers):
? 5% for strategic automatic buyback.
? 10% contribution to project sustainability: enhancements, development and marketing.
The buyback is only deployed strategically at specific moments to allow StreetPunks to maintain a stable price floor during downward market trends, chart manipulation, and whale dumps, securing the long-term success of the project.
#The NFTs
There will be a total of 1000 unique full body StreetPunks, all of which will differ in street wear, special costumes and accessories. The NFTs are divided into the following categories:
Legendary 1-10 (Top 10 Punks special theme)
Epic 11-50 (Top 50 Punks Special accessories)
Rare 51-150 (Random Punk with accessories)
Common 151-100
