Introduction of the $ARTE — official ArtPunks ecosystem token!

ArtPunks
3 min readJan 14, 2022

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1) Token creation — $ARTE token — the official token of ArtPunksNFT ecosystem was successfully created and it’s waiting on #solana blockchain proudly until we finish and check if the staking smart contract is fully interoperable and safe to use for everyone (scheduled for February 8th, 2022 to be done).

Ready to go!

From today until the token distribution start we will publish further information about $ARTE tokenomics, distribution, airdrops and utilities. We will also soon publish the lite paper for the $ARTE token and its own brand-new website. As you may already know one of the $ARTE utilities will be a rewarding system to loyal holders of ArtPunks NFTs and Achievements NFTs. You would be able to stake both NFTs to get rewards in $ARTE for this! Each staked ArtPunk and Achievement will produce $ARTE tokens. We will publish more details soon!

2) Main utilities of the $ARTE token will be:

  • ArtPunks Restoration (Upgrades system) — available for all ArtPunks
  • Art-Lotteries (with quality prizes)
  • ArtPunksVerse Integration (VR art gallery also available in web browsers and mobiles)
  • Landscapes NFT — burning & breeding mechanism
  • Art Fractionalization (in future)
Some of the $ARTE utilities.

In all of the mentioned above utilities, used $ARTE tokens will be completely burned — reducing its supply and increasing its value!

We will publish more details about each utility in the coming weeks. We also have some other ideas and will keep you updated about them if they will be fully approved and possible to be done!

3) $ARTE token Airdrop for ArtPunks holders.

We have prepared a special airdrop for all our beloved ArtPunks holders!

Between days 01/13/2022 02/08/2022, 4 secret snapshots will be taken; we will fetch the addresses of all holders who hold ArtPunks in their wallets (they must be delisted from marketplaces!). Each snapshot will award you 50 $ARTE per ArtPunk. So if your ArtPunk is delisted throughout whole this period, you will receive 200 $ARTE tokens for each delisted ArtPunk!

Having more tokens right after $ARTE’s release will be very beneficial, as some of the utilities will have special, discounted prices in the first week after token distribution, staking and trading starts!

Better delist your ArtPunks as soon as possible to be included in the first secret snapshot. You don’t wanna miss that!

4) Other giveaways & contests!

To promote $ARTE as well as we can, we are currently organizing many giveaways and contests where you can win valuable prizes. We also started a new activity program and invitations-contest on our discord. Other current giveaways are listed below:

Good luck!

5) The first 24h after the $ARTE creation announcement.

In the first 24h after the $ARTE creation announcement number of listed ArtPunks decreased by 115 (from 1070 to 955), the floor price has increased by around 20% (from 0.65 SOL to 0.80 SOL), sales volume has also increased by around 30%, and that’s all just the beginning!

ArtPunks are available to buy on the Magic Eden marketplace:

Links:
https://linktr.ee/artpunks
Community
https://discord.com/invite/ArtPunks
Twitter
https://twitter.com/ArtPunksNFT
https://twitter.com/nft_frame

https://twitter.com/NfthodlZone
https://twitter.com/ArtpunksFamily
Websites
https://nfthodl.zone/
https://artpunks.fun/
https://frames-nft.com/your-frames
Marketplace
https://magiceden.io/marketplace/artpunks
https://magiceden.io/marketplace/framesnft
Rarity
https://howrare.is/artpunks
https://howrare.is/framesnft/

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ArtPunks

ArtPunks is a collection of 10,000 NFTs created by neural networks (AI), through a combination of famous paintings with CryptoPunks.