2.4 Diverse Activities in the Punkyvism Ecosystem

The NFT Equipment Enhancement System

The NFT Equipment Enhancement System enables users to create “Equipment NFTS” by combining PunkyKongz and sub-collection NFTS with Punkyvism (PVT) Tokens. Participants can acquire Equipment NFTs of varying grades through a designated process of NFT and token allocation.

• Mechanism

  • Process: Allocate the required number of NFTS and PVT tokens → Click "Equipment Draw" and sign the transaction → Receive Equipment NFT

  • Equipment Grades: Common, Rare, Epic, Legendary (Available grades vary based on the combination used).

• Combination Requirements

• Key Features

  • Difficulty Adjustment: Genesis NFTs require fewer assets but may involve higher PVT consumption or adjusted probabilities.

  • Probability-Based Draws: The Equipment NFT Grade is determined based on predefined probability distributions.

  • PVT Token utility: Used PVT tokens are either burned or reintegrated within the system to drive demand.

• Equipment Synthesis

  • Input: Two identical Equipment NFTs and a specific amount of PVT tokens (N).

  • Process: click “Equipment Synthesis” and complete the transaction signing process

  • Outcome:

Success: “Success” message displayed, enabling the user to draw a higher-grade Equipment NFT (+2 levels). The upgraded NFT is issued upon transaction confirmation (50% probability of higher-grade Equipment NFT).

Failure: “Failure” message displayed. (In this case, the input Equipment NFTs remain unchanged, while the PVT tokens are consumed.)

Note: The Official list of available Equipment NFTs will be disclosed at a later stage.

Punkvism NFT Level-Up System

To incentivize long-term NFT holding and engagement, the Punkvism ecosystem introduces the "NFT Level-Up System." This system is managed through a dashboard, allowing users to track progress and rankings in real time. A leaderboard will be integrated into the official website, enabling a transparent and competitive environment for the community.

• Objectives

  • Enhancing Long-term Holder Incentive: Rewarding NFT holders with exclusive incentives and utilities to strengthen community loyalty.

  • Encouraging Community Engagement: Fostering competition and collaboration through ranking and leveling mechanics, increasing the long-term value of PunkyKongz NFTs.

• System Structure

  • Dashboard: A user-Friendly interface that displays NFT levels, points, and rankings in real time.

  • Ranking System: A publicly visible leaderboard showcasing top-level NFT holders, fostering a sense of achievement.

  • Naming Feature: NFTs reaching Level 10 can be assigned unique names, which will be officially registered and displayed on the website.

  • Level 10+ Mechanic: From Level 10 onwards, each level-up consumes 10 PVT tokens.

• Level-Up Point Allocation Criteria

  • Coin Stating Duration: Points are granted based on the duration of PVT token staking. Longer staking periods gain higher point rewards.

  • Punky League Participation: Additional points are awarded based on guild activities and tournament contributions.

  • Chaos Cube Engagement: Points can be earned through participation in the Choas Cube (NFT Gacha draw).

  • Domain-Specific Missions: Additional points will be awarded upon completing missions associated with different domains.

• Expected Impact

This system extends beyond passive holding, promoting active ecosystem participation. Long-term holders reward from unique features and incentives, increasing the rarity and value of their NFTs. Furthermore, the ranking system fosters community engagement by enhancing user involvement and encouraging competition.