Bumblebee - The Buzz in Crypto

BumblePunks Collection

Bumblebee NFT & DeFi

Introducing the BumblePunks Collection: A Revolutionary Fusion of NFT Artistry and DEFI Utility

Welcome to the BumblePunks Collection, a whimsical assembly of 200 uniquely rebellious NFTs that are more than just digital collectibles. Each BumblePunk is not only an artistic statement of individuality and punk vibrancy but also a pivotal part of an innovative DEFI product from the Bumblebee platform.

How the Power of BumblePunk Works:

Each BumblePunk is intrinsically linked to a specialized vault within our platform. Proceeds from the sale of BumblePunks in USDB go directly into this vault, where the total amount is used to purchase the Bumble token. A nominal fee of 1% in Bumble supports the deflationary mechanism of our token burn fund, while the remaining 99% is reinvested into the vault. This process creates a communal fund from the Bumble yield of all NFT sales.

On the 25th of each month, the closing takes place. We calculate the total Bumbles in the vault, divide it by 120 (representing 10 years in months), and then distribute the monthly Bumble yield equally among BumblePunk holders. On the 1st of the following month, the corresponding share is sent to each holder's wallet, net of transaction fees.

Pricing Mechanism and Lifecycle of a BumblePunk:

As detailed in the attached file, the price of BumblePunks increases with each new issue. Starting at 50 USDB, each subsequent BumblePunk is priced 10 USDB higher than the last. Upon sale, each Bumblebee is given a profile on our platform's website, showcasing its "date of birth." At 10 years of age, a Bumblebee "passes away" but can be revived by its owner at half the market price at that time. It's important to note that each number in the series is slightly more expensive than the previous one.

The Second DEFI Product by Bumblebee:

This collection marks the second DEFI product launch by Bumblebee, a testament to our commitment to innovation in the DEFI space. Investors are afforded the unique opportunity to sell their Bumblebees, perhaps purchased at 50 or 60 USDB, at market prices potentially as high as 600 USDB in the future. Your NFT grants remarkable rights within a deflationary token like Bumble, potentially attracting buyers willing to pay just below market price.