welcome to ShiddyPunks!!!!
 

Hybrid ERC-20 & ERC-1155 Standard

"ERC69420"
 

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Our newly developed ERC69420 token standard takes inspiration from the incredible innovation of ERC-404 (ERC-20 & ERC-721) and remixes it as a hybrid of ERC-20 & ERC-1155, combining all features from the two standards to allow ShiddyPunks to exist as both a Fungible and Non-Fungible Token at the same time
 

ERC69420 is it’s own dual-standard token and isn’t a clone

It utilizes ERC-1155 as the NFT interface as opposed to ERC-721. We chose this as ERC-1155 and ERC-20 do not share function signatures while ERC-721 and ERC-20 do share function signature, which requires a workaround 

ERC69420 protects what we love about NFTs (immutable & scarce) while providing all the functionality of an ERC-20 token (can buy as little as 0.000000000000000001 of the token)
without the need for any wrapping of our token (all in one step)
 

ERC69420 works like a ERC-20 on all DEXes (Uniswap, etc.) and works like an ERC-1155 on all NFT marketplaces (Opensea, etc.)
 

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NFT Rarity Preservation
 

To protect scarcity of the NFTs, we’ve removed the ability for the tokens to be “rerolled.” Because managing token state is expensive, many contracts have chosen to repeatedly burn and mint NFTs, which allows a user to simply transfer tokens to themself repeatedly in order to “reroll” the NFT.  The ERC69420 contract allows the user to transfer tokens to themselves but the NFT is not burned / rerolled, which saves gas + remint fees and NFT rarity

The NFT IDs of ShiddyPunks will never exceed the fixed supply of 10,000 and all IDs are recycled + reused for new mints of the token which will ensure rarity stays intact and prevent a constantly changing rarity due to re-rolls. ERC69420 monitors which NFTs are in circulation to preserve uniqueness and value. This also means a reduction of risk of potential exploits related to ID manipulation

 

Gas Efficiency
 

ERC69420 utilizes bitpacking to save the state of all tokens which allows NFT transfers / mints to be as cheap as ERC20 transfers. For example, at a 25 gwei gas price, a mint costs about 0.0059 ETH in transaction fees and a transfer costs about 0.0016 ETH

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TRADE ON OPENSEA OR UNISWAP

* You will generate an NFT once your token balance hits a whole number (E.g. - 1,2,3,etc)
 

* If your account has less than 1 token, you will not generate a NFT

* You may also work your way up to the NFT simply by accumulating 1 token or more total in your wallet (E.g, 0.3 token purchase + 0.3 token purchase + 0.4 token purchase) 

* If you sell on Uniswap, you have no control over which individual tokens are transferred so if you want to keep a specific NFT but also want to sell some on Uniswap, make sure to transfer that token you want to save to a different address first