TORIPUNKS DECEMBER 2023 UPDATED

4 min readAug 24, 2023

With the sell-out of the ChadPunks collection, the Punks journey on Teritori is now in full swing. The circular economy model will soon kick into gear and we can already feel the impact on the secondary marketplace. Remember ChadPunks will be directing 30% of the staking rewards monthly towards the ToriPunks bar games. Details can be found here: https://medium.com/@aaa.metahuahua/unleashing-the-power-of-the-chadpunks-1fb9aa6717d2

THE TORIPUNKS BAR GAMES

Found in Toripunks dApp:
https://app.teritori.com/dapp/tori-punks/welcome

Get a ToriPunk here: https://app.teritori.com/collection/tori-tori1plr28ztj64a47a32lw7tdae8vluzm2lm7nqk364r4ws50rgwyzgsapzezt

GIGANTIC DRAW

· Each ToriPunk is a raffle ticket for the monthly draw held on every 15th of the month live in our discord. We select 1 random ToriPunk as a winner.

· A player can hold as many ToriPunks as he/she wants to increase their odds of winning.

· VERY IMPORTANT, make sure to delist your ToriPunks off the secondary marketplace as we airdrop the rewards to the person that is holding the winning ToriPunk at the moment of the transfer of funds.

· The winner receives 10% of the monthly staking rewards of the PUNKS GAME WALLET.

RUSSIAN ROULETTE

· Each 15th of the month, on a FCFS (first come first serve) basis, 5000 tickets are available for purchase on the Russian Roulette Game.

· 2500 Tickets are winners which means 50% odds of getting a winning ticket.

· Each ToriPunk you hold allows you to purchase 1 x 1 $TORI Ticket. FCFS

· 60% of the staking rewards from the Punks Game Wallet are distributed equally between 2500 winning Tickets monthly. Rewards are distributed the following month on the 15th directly into your wallet.

· All unplayed winning tickets rewards will now be used to sweep floor of the ToriPunks and fill the ToriPunks DAO with NFTs that will be used to start monthly raffles while we wait for V2 of the DAPP.

· If your purchasing Punks on secondary and they already played their ticket, you cannot play it again until the following month.

RAFFLE

10 000 Tickets will be made available monthly and each ToriPunk you hold will allow you to purchase a 1 $TORI ticket for a raffle prize.

While we wait for the DAPP to be ready for the raffles, we will start the draws as of October 15th 2023 , where 1 ToriPunk from the DAO will be raffled off monthly with a random number generator and will have to be claimed in our discord. The owner of the ToriPunk at the moment where we send the reward will be the one that gets it, so make sure to unlist your Punks.

The ToriPunks Comic Books

The ToriPunks Comic Books are a way for you to earn a ToriPunk NFT.

How does it work ?

1- Complete a full set by collecting Comic Book 1–2–3–4–5 and redeem it for 1 ToriPunk.

2- Collect any single Comic Book and redeem it for a 1/10 chance at winning a ToriPunk via a draw.

Redeem process instructions here: https://medium.com/@aaa.metahuahua/toripunks-comic-book-burning-event-c56007c6fb2b

ToriPunks Comic Books can be purchased here: https://app.teritori.com/collection/tori-tori1syx6q5rxhntng93pmk9xep25638dqy3dcnppvvytnccxrp7urt7s2570jc

THE COMMUNITY WALLET

Punks Game Wallet

This wallet funds the Gigantic Lottery with 10% of it’s monthly staking rewards. It also funds the Russian Roulette game with 60% of it’s monthly staking rewards. 30% is compounded back into the wallet to assure its continual growth. All ticket sales from the games + 50% of royalties are also returned to the Punks Game Wallet to ensure a steady inflow of $TORI tokens, the other 50% of royalties go to the BAR TEAM.

Track wallet for 100% transparency here: https://www.mintscan.io/teritori/account/tori1g2nuu04v4ckhvknuadudcwz7dpefftzuud9839

#WeArePunks ⛩️