About the coin

NFTPunk Finance is a unique project that aims to redefine the way digital art is valued and traded. Unlike traditional NFT projects that often replicate and duplicate digital art, NFTPunk Finance emphasizes the importance of visible traces of time and authenticity in artwork. This approach is termed as NFT 2.0, where the focus is on genuine art valuation.

Main features

The project introduces a novel concept where public art can be utilized to earn profits through the token, drawing parallels with the current DeFi landscape. The idea is to create a system where NFTs must be burned to progress public art, ensuring that the art remains unique and valuable. Additionally, the concept of 'Locked Art' is introduced, where NFTs are certified and published by art galleries, and if the NFT owner loses the private key, the art is incinerated, maintaining its exclusivity.

How it works

NFTPunk Finance operates on the Binance Smart Chain, leveraging its capabilities to facilitate transactions and interactions within the ecosystem. The process involves using public art galleries to certify and publish NFTs, with mechanisms in place to lock and incinerate art as needed. This ensures that the art remains exclusive and valuable, providing a new way for artists and collectors to engage with digital art.