Skip to main content

🐝 Punkpoll Tokenomics

1. Overview

Punkpoll is an innovative platform for 'live voting and global public opinion polls.' It aims to transform participation itself into a value-creation activity, forming a new ecosystem where participants, content providers, and brands all benefit. To achieve this, we've designed a dual-token economy centered around the Punk Token and Channel Token.

  • PUNK TOKEN: The base token of the platform, used for fee payments, participation rewards, governance decisions, Channel Token collateral, and more.
  • CHANNEL TOKEN: Each media channel's native token, whose value is determined by its operational value (e.g., participation rewards) and acquisition performance.

Punkpoll's tokenomics design principles are user and community-centric, driven by three objectives: 'flexible growth scaling' as user and channel participation increases, 'securing strong liquidity and community' for Channel Tokens, and 'incentives for ecosystem contributors.'

2. Token Types & Roles

2.1 Punk Token

  • Issuer: Punkpoll
  • Total Supply: fixed at 100 million (no additional issuance)
  • Token Nature: Utility Token
  • Distribution: Users & Community (Public Distribution) 65%, DEX (Liquidity Provision) 5%, Core Team & Ecosystem (Investors, Platform, Foundation Operations) 30%
    • Users & Community (65%)
      • Community Incentives (USER participation rewards, channel rewards)
        • Designed to provide tokens for actual participation and activity → embodies Punkpoll's philosophy of "participation itself as value creation."
        • Used for early beta and official launch events, governance voting rewards, partner collaboration campaigns, etc.
        • Ensures decentralization and self-sustaining growth by allocating more equity to the community.
        • Aims to foster a sense of ownership among token holders, making them feel like "I am the project's owner."
    • DEX Liquidity (5%)
        • 5% is deposited into a liquidity pool, establishing a strong liquidity base with Channel Tokens to ensure smooth buying and selling.
        • Minimizes slippage to build trust with early users and investors.
    • Core Team & Ecosystem (30%)
      • Secures funds for the initial ecosystem contributors: team, investors, and foundation operations.
      • Used for development, operations, marketing, legal, partnerships, and as incentives for external VCs and advisors to encourage long-term commitment to the project.
      • Most of the 30% is locked with a 1-year cliff + 2-4 year vesting structure, ensuring rewards are focused on "platform growth contribution" rather than "short-term profit-taking."
      • 3% is provided as unvested tokens for dedicated contributors.
  • Key Functions
    • Platform Utility Token: Used for public opinion poll commissioning fees, advertising/subscription payments, and various reward distributions.
    • Collateral Deposit: A certain amount of Punk Tokens must be deposited when a new media channel is opened → determines the initial value of the Channel Token.
    • Governance (Optional): Grants governance rights to participate in platform decision-making (e.g., adjusting fee rates, changing burn ratios) (adjustable based on design).

2.2 Channel Token

  • Issuer: Media Channel (the organizer who opened the channel)
  • Total Supply: fixed at 100 million (no additional issuance)
  • Punk Token Pairing: A minimum of 1,000 PUNK TOKEN is required.
  • Distribution: Channel Organizer 30%, DEX (for exchange with Punk Tokens and other tokens) 5%, Community Incentive Treasury 65%
  • Vesting: Channel Organizer 30%: 30% vests annually starting after 1 year, with full release after 3 years.
  • Initial Price: 0.0001 PUNK or more
  • Key Functions: Participation rewards and fandom utility
  • Value Basis
    • Initial value is formed based on the Punk Tokens deposited when the channel is opened (e.g., if the total supply is 1,000, depositing 1,000 PUNK would mean 1 Channel Token = 1 PUNK).
    • The value of the Channel Token increases as the channel earns additional Punk Token rewards based on operational performance (e.g., panel acquisition, survey count) ('Pairing Structure').
  • Role
    • Channel Operation Incentives: Media must conduct active surveys, content creation, and panel management to increase the value of their Channel Tokens, which encourages platform activation.
    • Panel Participation: Panels contribute to the channel ecosystem and share in the benefits of internal channel activities by holding or receiving rewards in the respective Channel Tokens.

3.Value Accrual Mechanism

3.1 Channel Token Value Accrual (Pairing Structure)

  • Initial Deposit
    • When a channel is created, the deposited Punk Tokens (e.g., 1,000 PUNK) form the initial value of the Channel Tokens (e.g., 1,000 tokens) (e.g., 1.0 Channel Token = 1.0 PUNK).
  • Acquiring Additional Rewards
    • As a channel operates actively, it acquires additional Punk Tokens from the platform based on: (1) panel acquisition rewards, (2) survey activity rewards, and (3) advertising/subscription acquisition performance.
    • Example: If 1,000 panels are acquired, an additional 1,000 PUNK are obtained → total value of 2,000 PUNK → 1 Channel Token increases to 0.2 PUNK.
  • Punk Token Price Linkage
    • If the platform as a whole grows (increased revenue, burning, etc.) and the 'unit price' of the Punk Token itself rises, the valuation of the Punk Tokens held by the channel also increases → Channel Token value rises again.

3.2 Punk Token Value Accrual (Burning & Revenue Inflow)

  • Platform Revenue (Fees, Ads, Subscriptions, etc.)
    • Cash (or Punk Tokens) paid by poll commissioners, advertisers, and subscribers flows into the platform → used to buy Punk Tokens or directly received.
  • Burning Mechanism
    • A portion (e.g., 10-30%) of the Punk Tokens that flow in from fees, etc., are burned → decreases circulating supply → increases scarcity → contributes to Punk Token price increase.
  • Overall Value Increase
    • Simultaneous value increase of Punk Tokens and Channel Tokens held by Channel Token holders (media) and panels.
    • Inflow of new channels and investors → increased demand for more Punk Tokens → further price increase → virtuous cycle.

4. Token Utility

  • Panel Rewards
    • Punk Tokens or Channel Tokens are paid to panels participating in surveys, voting, and opinion submission.
    • Panels can use the acquired tokens to purchase other Channel Tokens or sell them on exchanges for cash.
  • Channel Operating Costs/Revenue
    • Media can purchase and hold additional Punk Tokens or sell Channel Tokens to secure operating funds for channel maintenance and expansion.
    • As a channel successfully grows, the value of its issued Channel Tokens also increases.

5. Positive Feedback Loop

  • Channel Creation
    • New media purchase and deposit Punk Tokens → increased demand for Punk Tokens → increased Punk Token price.
  • Panel Expansion
    • Increased panel (citizen) participation through active channel marketing → increased survey demand/advertising & subscription demand → increased platform revenue.
  • Punk Token Revenue and Burning
    • Platform revenue (advertising, subscriptions, survey fees) → a portion of Punk Tokens burned → increased scarcity → increased Punk Token value.
  • Channel Token Value Accrual (Pairing)
    • Punk Token increase transfers to Channel Token value → expanded channel operation rewards → accelerated media influx.
  • Maximizing Participants' Economic Benefits
    • Media: Increased value of Channel Tokens and deposited Punk Tokens.
    • Panels: Increased value of Punk and Channel Tokens acquired through survey participation + additional earning opportunities.
    • Result: The entire platform grows continuously, attracting new users.

6. Expected Benefits & Outlook

  • Sustainable Growth
    • With Punk Tokens flowing in from fees and a portion being burned, there's significant potential for stable long-term token value growth.
  • Transparency & Decentralization
    • Blockchain-based voting and survey data → prevents manipulation and fraud, ensures trust.
    • If governance (token holders' participation in decision-making) is applied, decentralized platform operation is possible.
  • Benefits for All Participants
    • Media (channels) and panels both receive rewards, with potential for additional asset growth through token value appreciation.
    • Public opinion poll companies/advertisers gain high-quality data through an expanded panel pool and high participation rates.
  • Social Value
    • Transparent and fair opinion-gathering processes lead to accurate public opinion reflection → enables better policies and decision-making, contributing to increased social trust.

Punkpoll Tokenomics aims to:

  • Ultimately, by pairing the base asset PUNK with Channel Tokens, Punkpoll’s tokenomics create a virtuous, win-win cycle for every stakeholder. Active channels boost token value, panels earn rewards, and the platform sustains that value through fees and burns—delivering trustworthy, decentralized polling to the world.

Update May 15, 2025