Bonk Inu to Offer NFTs on Magic Eden

Solana-based token Bonk Inu ($BONK) will offer over 15,000 NFT collectibles on Solana marketplace Magic Eden.

The NFT collection has been made in collaboration with the team behind the popular "Fracture" and "Gods" Solana NFT projects and is fashioned as “profile pictures” for holders to use on social media networks such as Twitter. 

The BONK profile pictures will be purely art-based with no imminent plans for utility, representatives said. Pricing for the mint will be set at $25 worth of $BONK, and secondary trading will be transacted with $SOL tokens.

A portion of the collection will be given to Gods holders for supporting the project and studio. Over 8,000 of the supply will be left to be minted for only wallets that hold $BONK.

Holders of the “Gods” NFT collection on Solana will be the first to be able to mint the Bonk collectibles. As such, all $BONK raised will be burned and deleted from existence. Half of the royalties generated from sales following the launch will also be used to buy and burn $BONK forever.

Future governance for the Bonk Inu project will remain with the Solana-based $BONK token, not the NFT, meaning NFT holders do not get voting rights for the future of the Bonk Inu.

Source

Solana

NFT

Meme

In This Article

Related News
Solana's key SIMD-228 proposal fails to pass validator vote, token emissions unchanged Solana's key SIMD-228 proposal fails to pass validator vote, token emissions unchanged
Transaction fees generated on Solana network fall to lowest weekly amount since September Transaction fees generated on Solana network fall to lowest weekly amount since September
Argentine prosecutor seeks to freeze $110 million in proceeds tied to Libra memecoin scandal: report Argentine prosecutor seeks to freeze $110 million in proceeds tied to Libra memecoin scandal: report
BNB Chain will prioritize memecoin transactions as gas fees surge 400% BNB Chain will prioritize memecoin transactions as gas fees surge 400%
CZ’s dog’s name sparks ‘Broccoli’ memecoin frenzy CZ’s dog’s name sparks ‘Broccoli’ memecoin frenzy
Latest News More More
12 Hours Ago 0xbow unveils ‘Privacy Pools,’ a new blockchain privacy tool drawing from Vitalik Buterin’s research
5 Days Ago Ethereum edges closer to deploying Pectra on mainnet with successful upgrade on Hoodi testnet
5 Days Ago MEXC Extends DEX+ Platform to Binance Smart Chain Users
March 25 Binance suspends employee for allegedly profiting off of insider information
March 25 BlackRock launches bitcoin ETP in Europe following US success
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open