Punk.Network

About Punk.Network

Punk is committed to provide comprehensive asset solutions for the virtual world, providing decentralized issuance, circulation and high-performance technical support for various types of contracts (legal, financial, contract, etc.) for diversified virtual assets (Fungible Token & None Fungible Token) to be applied to games, art and derivative mass scenarios, in combination with the highly autonomous DAO (Decentralized Autonomous Organization), it will become a diversified and futuristic electronic-cyber ecosystem.

What is Punk.Network?

Punk.Network is a high-performance NFT-Friendly mainnet based on the Substrate architecture with NPoS (Nominated Proof of Stakes) as the consensus mechanism, which can accommodate a wide range of asset types, a large number of transactions and various type of smart contracts.

Punk.Network is an active proponent of Polkadot ecology. It is the vision of Punk.Network to enable everyone to use Web3.0 blockchain technology efficiently and cost effective, and to enjoy the convenient services and cutting- edge ecological dividends it brings. Artwork, gaming and IP (intellectual property) products are the three most important directions in NFT-type assets.

Home to the Next-generation Blockchain

Punk is designed as a powerful ecosystem of user-first products that anyone can use to easily develop, trade, monetize, and market with blockchain and NFTs.

GAME & NFT: Punk.Network has reached a strategic cooperation with CMGE(00302.HK). Its flagship trading card game “Red and Blue” will authorize Punk.Network to issue and sell assets exclusively.

Art & NFT: NFTCastle, marketplace on Punk.Network Has held NFT art exhibitions in Beijing, China, with great success!

DeFi & NFT: The native DApp developed by Punk.Network can achieve one-stop construction of NFT-type asset, DeFi smart contract products, DGAME smart contract game products and Prc-20 standard Token issuance.

Token Format

PRC-20: The rules include 6 operation and 2 event functions. PRC-20 is the format of fungible token, and all token units have the same value and can be divided.

PRC-721: PRC-721 is a standard interface for Non-Fungible Token (NFT), which contains 11 operation and 2 event functions. Each Token is different and has its own uniqueness and unique value, this also means that they are indivisible and traceable.

PRC-1255（St NFT): PRC-1255 proposes to enable NFT assets to be issued as standardized assets in StNFT (standardized NFT) format based on the underlying technology. When an NFT asset is created, you can choose to split it into a specific number of StNFTs.

This is what I can say in this article. If you need accurate and reliable information, you can visit their official link, which I have provided below: