What is CryptoPunt?
CryptoPunt is a decentralized gaming and gambling platform that provides users with a seamless experience while ensuring high-throughput and secure transactions. The platform is underpinned by the Polygon blockchain and underwent a careful planning process to ensure its frontend was entirely intuitive and user-friendly. It officially launched on October 18th, 2021.
CryptoPunt offers a selection of three decentralized gambling games: Blackjack, Coinflip, and Jackpot. The platform's founding team intends to launch additional gaming options in the future. Anyone with a Web3 wallet can easily connect and access the games without registration or KYC requirements.
PUN is the native token of the CryptoPunt platform, used for accessing discounts on betting fees, tapping into promotional campaigns, participating in farming and staking opportunities, and platform governance.
There is a total supply of 160 million PUN tokens, of which 50 million were issued to early-stage investors during the sales process. 40 million tokens were allocated to financing operations, with half of the operational financing allocated to funding operational tasks and the remainder to fund partnerships. Additionally, 20 million tokens were allocated to CryptoPunt contributor incentives, including the establishment of bounty programs, and 20 million to the CryptoPunt team and advisors. Five million tokens were stored in a storage solution, reserved for liquidity purposes, and another five million dedicated to the CryptoPunt staff and bootstrapping the project.
The CryptoPunt team is led by an executive team with experience in the tech and gaming industries. Additionally, the platform onboarded VYSYN Ventures CEO KVESTOR as an advisor. VYSYN Ventures were among the early-stage supporters of the CryptoPunt project.
CryptoPunt received investment and incubation services from several cryptocurrency-focused venture capital companies, including VYSYN Ventures, Insignius Capital, and Black Dragon. These early-stage supporters of the project have provided invaluable support to the CryptoPunt team.
In conclusion, CryptoPunt is a decentralized gaming and gambling platform that offers users a seamless experience while ensuring high-throughput and secure transactions. With its selection of decentralized gambling games, PUN token economics, and experienced team and supporters, CryptoPunt is poised to make a significant impact on the gaming and gambling industries.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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