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JUNO PUNK, with ticker PUNK, is a token designed to support the future of Juno and its community. It aims to unite communities to make JUNO one of the top 20 cryptocurrencies by market cap. Additionally, the $PUNK token will drive the development of the Punks decentralized protocol, which will have a wide-reaching impact on multiple industries within the crypto market, including gaming.
The Juno Punk DAO operates under the principle of a decentralized autonomous organization, meaning it functions without a recognized leader. The DAO is open to all $PUNK holders, allowing them to participate in decision-making processes regarding ecosystem fund allocations, governance rules, projects, partnerships, and more. The Punk DAO offers the potential for community-focused decision-making and a socially conscious structure.
The Juno Punks Council comprises the top 10 Punks NFT holders and is overseen by the Punk Foundation. The council aims to administer DAO proposals and serve the community’s vision. The Punk Foundation is responsible for managing decisions made by the Punk DAO, including daily administration, project management, auditing, and other tasks necessary for supporting and expanding the ecosystem fairly and inclusively.
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