The $REKT thesis explained:
- What brand coins are & why they are valuable
- Their roots in traditional finance
- Why Rekt is one of cryptoβs strongest brand
- Multi-billion dollar growth of functional drinks
- Energy launch + retail rollout Q4 2025
The other day, our AI agent @flaunchybot
launched a token called $BANG entirely on his own, without being prompted.
After discussing the launch with Flaunchy, and recognizing that he can't manage the token on his own, we've decided to put the $BANG Management NFT up for bid to facilitate an organic CTO.
This will be the first time a CTO has happened entirely onchain, with onchain royalties transferred from an AI agent to its community.
The owner of the Management NFT will receive all future revenue from $BANG, paid as ETH. The highest bid will be accepted 24 hours from the start of the auction.
All proceeds (including the trading fees amassed prior to the sale) will be put towards a single $BANG buyback. 50% of the $BANG from the buyback will be given to the new owner of $BANG, with the remainder burned.
Additionally, the $BANG token icon has been updated on the Flaunch site and Revenue NFT.
Link to auction below π