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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.
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