OWN CHARACTERS FROM ONE OF THE MOST GROUNDBREAKING PROJECTS IN THE NFT
SPACE: WELCOME TO NFi (NFT + DeFi)
A PROJECT BY
PUNKS Comic, Issue #1
As human attention shifted away from the world and into the
Metaverse, society was beginning a digital revolution. Crypto
consumed everything from currency to finance and was primed to
devour the Art world next. Few could foresee what lay ahead.
One man wasn't going to let this opportunity slip through his
fingers. Rising from the ranks of auction house busboy to
world-renowned art critic (and flipper), follow Beanie as he
endures kidnappings, clowns, anons, and the mysterious Elvis
Punksley, on his quest for enigmatic relics of cryptoart history.
Watch the story unfold as Beanie and the 15 PUNKS Hunt for the
Lost Robbies.
MINT
10,000
0.2 ETH
20 MAX PER TX
OF 10,000 AVAILABLE
Your purchase of the PUNKS Comic does NOT CONSTITUTE AN
INVESTMENT.
to MINT your nft, you must access this website from your metamask
browser or a desktop
MINT
0.2 ETH
20 MAX PER TX
Your purchase of the PUNKS Comic does NOT CONSTITUTE AN
INVESTMENT.
27 random mints to receive punks nfts from hackatao, killer acid, and
robbie trevino
*Claiming of the printed comic will only be available to those who
choose not to burn their NFT. Claiming window will be announced soon.
Printed comic will include a premium protective case and a serialed
certificate of authenticity.
WHAT YOU CAN DO WITH YOUR NFT: COMING JULY, 2021
FOR 50% OF $PUNKS TOKENS
$PUNKS TOKENS
$PUNKS represent fractional ownership of the 16 CryptoPunks
represented in the comic.
APPROX. $PUNKS STAKING VALUE
600+ETH
50% of total 1,200+ETH value
50,000,000 tokens (out of 100,000,000 in total) will be
distributed to those staking their PUNKS Comic NFT over a
24-month period.
FOR OWNERSHIP OF THE VAULT
FOUNDER’S VAULT DAO
Founder’s Vault tokens represent proportional ownership over
the Founder’s Vault DAO.
APPROX. VAULT VALUE AT INCEPTION
600+ETH
Burning available until the release of Issue #2
Token holders will have governance over the DAO and its
contents (fractionalization, individual item sales, buyouts,
etc) + access to a private Discord.
$PUNKS and Founder's Vault tokens are merely a means by which you
may be able to utilize certain services on a platform that is yet to
be developed.
the purchase of the genesis punks comic is the only way to
participate in either of the opportunities above. no future editions
will be staked for $punks or provide access to the founder’s vault.
KEY INFORMATION
WHAT IS IN THE VAULT?
1/1 TEAM-SIGNED
mint of punks, issue #1
“LOST ROBBIE” ie. ai generated nude portrait #7, frame #92 by
robbie barrat
genesis mint of
punks, issue #1
(Serial 1/10,000)
1/1 killer acid
“killer acid punks”
1/1 hackatao
queen of punks
1/1 robbie trevino
punks issue 1 back cover
25%
of all fractional $punks tokens
THE FOUNDER’S VAULT WILL GROW ACROSS FUTURE PIXEL VAULT PROJECTS
PIXEL VAULT TEAM MEMBERS HAVE NOT RETAINED ANY COMIC NFTS OR
FOUNDER'S VAULT TOKENS.
ALL TEAM MEMBERS WILL MINT IN OPEN MARKET WITH THE PUBLIC.
HOW DOES FRACTIONALIZED OWNERSHIP WORK?
Our 16 CryptoPunks will be
bundled, secured, and fractionalized
by our launch partner, Fractional.
Fractional will then provide 100,000,000 ERC-20 $PUNKS tokens to
be distributed throughout the project (worth approx. 1,200+ETH
at inception).
THE FRACTIONAL CRYPTOPUNKS VAULT WILL BE SUBJECT TO A BUYOUT RESERVE
PRICE VOTED BY $PUNKS TOKEN HOLDERS. SHOULD THE RESERVE BE MET, AN
AUCTION FOR THE ENTIRE VAULT WILL BE TRIGGERED. INDIVIDUAL
CRYPTOPUNKS WILL NOT BE SOLD.
How will ownership of the 100,000,000 $PUNKS Tokens be distributed
across the project?
50%
AVAILABLE VIA STAKING
OF PUNKS COMIC NFT
25%
SENT TO THE
FOUNDER’s vault dao
25%
RETAINED BY
PIXEL VAULT, LLC
$PUNKS tokens will be traded in the open market via Sushiswap and
Uniswap.
ON GOVERNANCE & MONETIZATION
$PUNKS VS founder’s vault
$PUNKS TOKENS
$PUNKS tokens represent incremental ownership of the 16
CryptoPunks brought to life in the comic. Individual CryptoPunks
may not be sold. $PUNKS token holders will vote on the reserve
price at which an auction for the full buyout of the 16
CryptoPunks may begin.
founder’s vault dao
The Founder’s Vault DAO, fully governed by its members, has the
flexibility to sell individual vault items, fractionalize the
vault, accept a buyout, or even potentially raise funds to
acquire new vault assets.
WHERE THE TWO CONVERGE
25% of $PUNKS tokens will belong to the Founders Vault DAO. The DAO
will vote its 25% of outstanding tokens on a "reserve price" for the
vault of 16 CryptoPunks through Fractional. This reserve price is the
minimum price that would be acceptable for a full buyout of the
CryptoPunks Vault. If a buyout offer is placed in excess of the
average weighted reserve price, an auction will kick off for the sale
of the 16 CryptoPunks. Once the auction is complete, 25% of the
proceeds in ETH will flow to the Founder’s Vault DAO.
Product image for illustration purposes only
aDDED VALUE FOR ALL $PUNKS TOKEN HOLDERS
100% PROFIT on all PUNKS COMIC MERCH SALES will flow directly to
$punks token holders
This does not convey ownership in Pixel Vault, LLC or the PUNKS Comic
business, including but not limited to the rights to PUNKS Comic or
any other potential future
uses of the Intellectual Property. At this time, "100% of Profits” is
expressly limited to apparel sales made by Pixel Vault which leverage
the PUNKS Comic brand.
Your purchase of the PUNKS Comic does NOT CONSTITUTE AN INVESTMENT.
THE 27 RANDOM MINTS
X/9 HACKATAO
GOD SAVE THE QUEEN OF PUNKS
X/9 KILLER ACID
PUNKS ORANGE
X/9 robbie trevino
punks issue #1 back cover
A smart contract will be deployed containing the winning serial
numbers. This contract will not be interactable; its sole purpose is
to hold these numbers in a way that is provably fair. This contract
will remain on-chain but unpublished until the conclusion of the sale,
at which point it will be verified and the NFTs will be distributed to
the addresses holding the winning serials. This contract is separate
from any minting.
As another member of the Lopez crew, Violet is an
enforcer with hard fists and a temperament to match. She
will shoot first and ask questions later. Fearless
despite her small stature, Violet is willing to take on
helicopter hats of any size.
As another member of the Lopez crew, Violet is an enforcer
with hard fists and a temperament to match. She will shoot
first and ask questions later. Fearless despite her small
stature, Violet is willing to take on helicopter hats of any
size.
PUNK #2963
Violet
PUNK #1068
Cheetah
PUNK #9057
BELCALIS
PUNK #8146
BEANIE
PUNK #2146
COURTNEY
PUNK #9723
THE futurist
PUNK #1288
gfunk
PUNK #9973
the skull
PUNK #2925
RANDY
PUNK #7848
FRANK LOPEZ
PUNK #2152
IVANOVA
PUNK #2041
HILARY
PUNK #7547
MARVIN
PUNK #4852
elvis
PUNK #5724
elvira
PUNK #6014
Sgt. wiggles
FAQs
INTRODUCTION & BASICS
PUNKS comics are ERC-721 NFTs created by Pixel Vault, LLC: a comic
that chronicles Beanie's journey - from humble auction house busboy
to digital art kingpin - to capitalize on the digital revolution in
the Metaverse (enduring kidnappings, clowns, anons, and the
mysterious Elvis Punksley, all as part of his quest).
Pixel Vault is a media company focused on elevating crypto-native
assets across a variety of mediums through the development of
intellectual property and empowered by decentralization. Pixel
Vault's team expands the story and lore of static on-chain assets
accruing value to both stakeholders and the broader crypto
community.
Issue #1 of PUNKS Comic is the first ever PUNKS Comic produced. It
was released on May 10th, 2021.
It is a limited edition (10,000 prints) comic.
It may also come as a physical copy with a special case which will
include a serialed certificate of authenticity, depending on your
choice to stake or burn your ERC-721 token. To claim a physical
copy, the PUNKS Comic NFT may not be burned. See Sections 2 and 3
for what you can do with your PUNKS Comic, Issue #1.
Issue #1 is tied to ownership of EITHER:
50% of the 16 CryptoPunks represented by $PUNKS token holders (stake
your PUNKS Comic NFT to earn fractional $PUNKS tokens - see Section
2 for more staking information); OR Partnership in the Founder's
Vault DAO, composed of 25% of the 16 CryptoPunks represented by
$PUNKS token holders PLUS collective ownership of the other works in
the Founder's Vault DAO (by burning your PUNKS Comic, Issue #1) -
see Section 3 for more staking information.
Only Issue #1 of the PUNKS Comic will be tied to ownership of these
assets. Any subsequent issue of the PUNKS Comic may have its own
unique value proposition, but they will not be tied to the ownership
of the 16 main CryptoPunks or the Founder's Vault DAO.
In addition, 27 random mints of Issue #1 will receive NFTs from
either Hackatao, Killer Acid, or Robbie Trevino.
Moreover, Pixel Vault will create and sell PUNKS Merchandise, the
profits (100%) of which will be distributed to $PUNKS Token holders.
*PUNKS IP owned by Pixel Vault LLC
The Pixel Vault Founder's Token (PVFT) holders collectively own the
works held in the Founder's Vault DAO (See Section 1F for more
details on what is held). You can obtain this token by burning the
PUNKS Comic Issue #1 NFT before the release of the second issue
(date TBD - expected August) (See Section 3 for more details on
burning). There is a maximum supply of 10,000 Pixel Vault Founder's
Tokens, but the final supply will depend on how many PUNKS Comics
are burned.
The $PUNKS tokens are fractional tokens (100,000,000 in
circulation), each representing fractionalized ownership of the 16
CryptoPunks who are characters in Issue #1 of the PUNKS Comic. You
can obtain this token by staking the Issue #1 NFT (See Section 2 for
more details on staking). You can also get exposure to $PUNKS tokens
via the Founder's Vault DAO, which holds 25% of the $PUNKS tokens in
circulation.
The Founder's Vault DAO collectively holds all Founder's Vault DAO
assets and its fate is decided by a vote of Pixel Vault Founder's
Token holders.
The estimated value of the Founder's Vault DAO at inception is
600+ETH.
The Founder's Vault DAO includes the following works (and it is the
intention of Pixel Vault to continue to add more works across future
Pixel Vault projects):
- 25% allocation of $PUNKS Tokens
- Genesis mint of PUNKS Comic, Issue #1 (1/10,000 serial)
- Team-signed edition of PUNKS Comic, Issue #1 (1/1)
- Robbie Trevino PUNKS Comic, Issue #1 Back Cover (1/1)
- “Lost Robbie” ie. AI Generated Nude, Portrait #7 Frame #92 by
Robbie Barrat (1/1)
- "Queen of PUNKS" by Hackatao (1/1)
- “Killer Acid Punks” by Killer Acid (1/1)
- "Test Ape" by Chris Wahl (1/19)
- Future works to be added to the Vault TBD
Future Founder's Vault DAO content will be provided by the Pixel
Vault team as they produce future installments of the comic or even
should they begin new product lines/series. However, given that the
Founder's Vault DAO is a DAO, the DAO may also choose to internally
fundraise, strategically acquire, among other options.
The estimated value of the 16 CryptoPunks owned by $PUNKS Token
holders is 1,200+ETH.
The 16 CryptoPunks are:
#8146 Beanie: Beanie (44), Cigarette (961)
#2146 Courtney: Choker (48), Clown Eyes Green (382), Black Lipstick
(617)
#2041 Hilary: Cigarette (961)
#7848 Frank: Clown Hair Green (148), Mustache (288), Earring (2459)
#9723 The Futurist: 3D Glasses (286), Luxurious Beard (286), Do-Rag
(300), Mole (644)
#6014 Sgt. Wiggles: Buck Teeth (78), Police Cap (203)
#9057 Belcalis: Pigtails (94), Purple Lipstick (655)
#4852 Elvis: Vampire Hair (147), Big Shades (535), Earring (2459)
#1068 Cheetah: Big Beard (146), Mohawk (441)
#1288 GFunk: Cap Forward (254), Pipe (317)
#7547 Marvin: Police Cap (203), Luxurious Beard (286), Earring
(2459)
#2925 Randy: Police Cap (203), Nerd Glasses (572), Earring (2459)
#5724 Elvira: Wild Hair (447), Eye Patch (461)
#2152 FBI Special Agent Ivanova: Frumpy Hair (442), Nerd Glasses
(572)
#2963 Violet: Purple Eye Shadow (262), Mohawk (441), Purple Lipstick
(655)
#9973 The Skull: Chinstrap (282), Do-Rag (300), Eye Patch (461)
The value of burning vs. staking at the project's inception is very
comparable, with each option calculated to be worth approx. 600+ETH.
By burning your PUNKS Comic, Issue #1 NFT you receive a Pixel Vault
Founder's Token providing proportional ownership of the Founder's
Vault DAO, which includes the Vault's current contents as well as
any future additions. By staking your PUNKS Comic, Issue #1 NFT you
will accrue $PUNKS tokens over a 24-month period, although you are
not committed to staking for the full 24 months. By staking, you
will also be able to keep your NFT with the option of eventually
trading on a secondary market (such as OpenSea). Longer-term, the
value of burning vs. staking your NFT will be affected by A. the
amount of PUNKS Comic, Issue #1 NFTs burned vs. staked (as one
option may be rarer than the other), and B. the performance of the
$PUNKS tokens vs. the Pixel Vault Founder's Token, keeping in mind
that the Founder's Vault DAO will contain 25% of all outstanding
$PUNKS tokens. Please use the Discord community to discuss the
options and DO YOUR OWN RESEARCH.
In July you will have two options for your PUNKS Comic:
Option 1: Stake your PUNKS Comic, Issue #1. See Section 2
Option 2: Burn your PUNKS Comic, Issue #1. See Section 3
You can read your issue of the PUNKS Comic, Issue #1 from the moment
you purchase it. See Section 4
You can also collect the physical copy of the PUNKS Comic, Issue #1.
See Section 5
2. STAKE
When you stake your PUNKS Comic NFT, you will be allocated $PUNKS
tokens which represent your proportional ownership of the 16
CryptoPunks.
$PUNKS Token holders will also receive 100% of the profits of all
future PUNKS Merchandise sales*. *PUNKS IP owned by Pixel Vault LLC
There will be 100,000,000 $PUNKS tokens in circulation.
50,000,000 $PUNKS tokens (50%) will be available to those who stake
their PUNKS Comic, Issue #1 NFT over a 24-month period.
(25,000,000 $PUNKS tokens (25%) will be owned by the Founder's Vault
DAO; 25,000,000 $PUNKS tokens (25%) are owned by the Pixel Vault
Team.)
To stake your contract, simply deposit your Comic NFT(s) into the
custom smart contract provided at punkscomic.com. In return for
staking, you will receive a proportional award of $PUNKS tokens.
When you stop staking the comic, you will receive back your unique
ERC-721 NFT with corresponding serial number.
$PUNKS tokens will be earned on a rolling basis as you stake your
PUNKS Comic NFT. When you stop staking the comic, you will be able
to claim your rewarded $PUNKS tokens.
Once staking begins, you will be able to stake for 24 months. After
that point, you can no longer accrue more $PUNKS tokens as the total
supply will be in circulation.
Yes. Please keep in mind that you will be subject to gas fees when
staking and again when withdrawing. There may be nominal lock
periods to ensure that sufficient tokens have been claimed (such as
a 30-day lock to earn $PUNKS tokens). You are not committed to
staking for the full 24 months.
No. Your choice will be to either stake OR burn for a token to the
Founder's Vault DAO.
Yes. $PUNKS tokens will trade freely in the open market through
Uniswap and Sushiswap.
3. Burn
Upon burning a PUNKS Comic, Issue #1 NFT, you will receive a Pixel
Vault Founder’s Token. The Pixel Vault Founder’s Token represents
proportional ownership of the works held by the Founder’s Vault DAO.
Maximum supply of Pixel Vault Founder's Tokens is 10,000 and would
require every PUNKS Comic, Issue #1 to be burned.
The works in the Founder's Vault DAO will be transferred to a custom
trustless smart contract by July 2021. The DAO will be formed in a
similar timeframe.
No. In order to obtain Pixel Vault Founder's Tokens, the Pixel Vault
team will need to buy comics to burn for Pixel Vault Founder's
Tokens in the market during the public sale of PUNKS Comic, Issue
#1.
No. The window for burning the PUNKS Comic, Issue #1 in exchange for
a Pixel Vault Founder's Token will close upon the release of PUNKS
Comic, Issue #2. Once this window is closed, the supply of Pixel
Vault Founder's Tokens will be final.
No. Once a PUNKS Comic, Issue #1 NFT is burned you cannot claim the
physical PUNKS Comic, Issue #1.
Yes. You will be able to trade your Pixel Vault Founder's Tokens
freely in the open market via marketplace platforms (OpenSea). Your
Founder's Token will be an ERC-721 minted by Pixel Vault in
collaboration with a prominent artist.
Yes. The Founder's Vault DAO is intended to be a collection of
long-term holders looking to build a community around these
characters. As such, Pixel Vault Founder's Token holders will have
access to a private Discord to discuss the future of the PUNKS
project, the Founder's Vault DAO, and more.
The long-term fate of the Founder’s Vault DAO will be determined by
a vote of the holders of the Token - these holders will have full
governance over the Vault and its contents (buyouts,
fractionalization, sale of individual items, internal fundraising
for acquisitions, etc).
The Founder's Vault DAO is intended to run as a typical DAO would
operate - the Pixel Vault team is on equal footing with the other
holders in this long-term project. The initial expectation is that a
vote will need to reach a simple majority, however, holders of the
Pixel Vault Founder's Token will determine the ultimate DAO
governance procedures.
4. Read
Visit your NFT's page in OpenSea.io and expand 'About PUNKS Comic'.
Open the PDF in the link provided and don't forget to save, as it's
one download per computer. (Clearing your cache may allow for
additional downloads.)
5. Collect the physical
Keep an eye on the Discord channel for details on how to claim your
physical copy of the PUNKS Comic, Issue #1 (which comes with a
special case and a serialed certificate of authenticity). A window
of 1-2 weeks will be provided for redemption.
Remember, you can only claim a physical copy of the PUNKS Comic,
Issue #1 if you have not burned your PUNKS Comic, Issue #1 NFT.
6. Future PUNKS Comics and Opportunities
This will very much be a community-driven project. We hope to lead
the comic down a path that our supporters will enjoy. It is our goal
to integrate more storylines involving other CryptoPunks, other
crypto projects, and any other events that are pertinent to the
crypto/NFT landscape.
The first 5,000 original minters of a PUNKS Comic Issue #1 will
receive a PUNKS Comic Issue #2 for free. You will receive one free
PUNKS Comic Issue #2 per PUNKS Comic Issue #1 minted in the first
5,000 sold. (So if you buy 5 PUNKS Comic Issue #1s in the first
5,000 minted, you will receive 5 PUNKS Comic Issue #2s.)
Your purchase of the PUNKS Comic does NOT CONSTITUTE AN INVESTMENT.
ABOUT PIXEL VAULT
Pixel Vault is a media company focused on elevating crypto-native
assets across a variety of mediums through the development of
intellectual property and empowered by decentralization and
crowdsourcing. Our team expands the story and lore of static
on-chain assets accruing value to both stakeholders and the broader
crypto community — and we have fun doing it. Our flagship property,
PUNKS Comic, launched on May 10, 2021.
OUR PARTNERSHIP WITH FRACTIONAL
Fractional allows for NFTs to be broken down into fungible ERC-20
tokens which have ownership over the NFT, trade in the open market,
and can manage buyouts. When an NFT is bought out, tokens can be
redeemed for Ethereum. As Fractional’s launch partner, Pixel Vault
will fractionalize the 16 CryptoPunks featured in the PUNKS Comic,
creating shared ownership by the community and building the PUNKS
brand together.
