The Fractal Puppets NFT project is a pioneering initiative that brings together innovative blockchain technology and digital art on the Bitcoin network. Built upon the foundations of BIP-420, this project takes full advantage of enhanced Bitcoin scripting capabilities to create Recursive Ordinal NFTs, allowing for complex smart contracts and expanded functionality.
At the core of the Fractal Puppets project are the Wrapped Puppets ($PUPPETS) tokens, launched on Bitcoin. These tokens are designed to enable a variety of interactive features and earning opportunities within our ecosystem. By integrating with Fractal Bitcoin ($FB), our platform provides unique utilities, including token swaps, cross-chain functionality, and yield mining, all accessible through our upcoming PuppetSwap platform.
Our ecosystem is set to redefine the DeFi and NFT landscape on Bitcoin by introducing zero platform fees for holders and developers, encouraging broader participation and engagement. With a capped supply of 20 million Wrapped Puppet tokens and a strategic distribution model, we are committed to building a sustainable and rewarding environment for our community.
About the Project
Behold the Fractal Puppets collection: 3,333 unique and gloriously high-quality digital characters, each one bursting with its own quirky charm! These puppets aren’t just digital doodads; they’re a bunch of delightful misfits, each crafted with such detail and flair that you’ll swear they’ve got minds of their own. Think of them as a digital circus troupe where no two performers look the same, but every single one is a showstopper!
From the wild-eyed adventurer puppet to the one who looks like it’s got a PhD in quantum mechanics (don't ask how), there’s a Fractal Puppet for everyone. But don't be fooled by their good looks—these puppets are your ticket to an exclusive club on the Bitcoin blockchain. Collect them, flaunt them, and let them lead you into the mad, wonderful world of DeFi adventures!
THE ART
The Puppet Cycle
The Puppet Cycle (The revenue Loop) —a brilliantly absurd loop where puppets keep the show running and the fun never stops! Here’s how it works:
1. Puppets Provide the Fund: First, puppets bring in the funds through various sources like initial minting and token sales. Think of it as puppets passing the hat around after a great street performance!
2. Fund Liquidates Wrapped Puppet Tokens: The collected funds then dive into the market to liquidate Wrapped Puppet tokens ($PUPPETS), giving these digital puppets some liquidity power. This is like puppets turning those hat-collected coins into something more valuable!
3. Funding the PuppetSwap: Next, the liquidated funds help build and power up PuppetSwap—the first all-chain bridge exchange. It’s like puppets using their newfound wealth to build a stage for the greatest cross-chain DeFi show on Earth!
4. Wrapped Puppets Give $FB Rewards: Holders of these Wrapped Puppets ($PUPPETS) start earning $FB (Fractal Bitcoin) rewards. It’s like the puppets sharing the spoils with their biggest fans—if you’re holding a puppet, you’re getting a piece of the action!
5. PuppetSwap Returns the Favor: PuppetSwap isn’t just for swaping tokens; it also shares revenue with the puppet holders. And guess what? Puppet holders enjoy service fee-free access on PuppetSwap, making them VIPs in this puppet show!
6. Back to the Puppet Holders: The magic of the Puppet Cycle is that everything ultimately flows back to the puppet holders as rewards! It’s a never-ending loop of value, where puppets perform, earn, build, and then hand the benefits back to their loyal holders.
And just like that, the Puppet Cycle keeps spinning—puppets earn, build, reward, and repeat! So, hold on tight to your puppets and enjoy the ride in this wild, revenue-generating puppet ecosystem!
UTILITIES
The Fractal Puppets NFT ecosystem is a playground for both crypto enthusiasts and digital art lovers. Here are some key features:
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Tokenized Puppets: Each Fractal Puppet is tokenized and represented as an NFT. Holders of these NFTs will receive rewards in the form of Wrapped Puppet tokens ($PUPPETS).
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Earning $FB: Holders of the Wrapped Puppets can earn Fractal Bitcoin ($FB). Through our advanced tokenomics and reward system, NFT holders gain $FB simply by holding their Fractal Puppets in their wallets.
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PuppetSwap: Introducing the first-ever all-chain bridge crypto exchange called PuppetSwap. Here, you can swap Wrapped Puppet tokens ($PUPPETS) with $FB and also swap $FB across other blockchains. This is made possible by leveraging the groundbreaking capabilities of BIP-420. And here’s the kicker—PuppetSwap comes with zero platform fees for Fractal Puppets holders! Imagine swapping crypto, $FB, or anything you want without paying a dime!
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No Platform Fees for Inscription: Puppet holders can inscribe anything on Bitcoin without any platform fees because they are the foundational supporters of building this ecosystem.
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API Keys for Developers: PuppetSwap also offers an API key for developers, opening up a world of possibilities for integrating PuppetSwap functionalities into your own applications.
Fund allocation and Revenue Sharing
To develop our puppet ecosystem and maintain a robust liquidity pool, the total supply of Wrapped Puppet tokens is capped at 20 million. Here's the breakdown:
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37% (7.4 million $PUPPETS) will be distributed among the NFT holders of the 3,333 Fractal Puppets. This percentage is set because we aim to gather enough funds to support liquidity—initially around $63,000(its also help us to build the puppetswap in global level) from minting, and our goal is to raise around $300,000 to further stabilize our liquidity.
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Revenue Sharing: 37% of our revenue will be distributed among the NFT holders. This isn't just a one-time deal; holders can also earn through yield mining, making them integral participants in the ecosystem's growth.
PuppetSwap: The First All-Chain Bridge Crypto and Ruine Token
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Meet PuppetSwap, the first-ever all-chain bridge for crypto, tokens, and Ruine tokens in the world! This innovation is powered by Fractal Bitcoin's revolutionary BIP-420. PuppetSwap is currently in testing and is expected to launch in mid-October.
Special Features of PuppetSwap:
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Zero Platform Fees for Puppet Holders: Because we love our puppet holders and appreciate their support, PuppetSwap will offer them the unique ability to swap any crypto or $FB with zero platform fees.
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Developer-Friendly: PuppetSwap provides developers with API keys to build on top of this ecosystem. This means endless possibilities for creating new features and integrations.