Bonk meme coin launches Bonk Arena, its first licensed video game with Bravo Ready, featuring a pay-to-spawn, win-to-earn shooter model.
The game was published on Monday and features a pay-to-play model integrated with a win-to-earn model directly linked to the BONK token ecosystem. The model is licensed to Bravo Ready under an agreement that mandates the use of 50% of the generated revenue for READY token buybacks. The same concepts apply to BR1: Infinite, Bravo’s other shooter based in Solana.
Bonk has allocated USD 10,000 in BONK to the game’s reward system to facilitate the launch. Bonus tokens will be randomly dispersed to players during the launch window, and a portion of them will be allocated to a prize pool for users who generate social media content related to the game.
Understanding the Bonk Arena Game
Bonk Arena is a top-down arcade shooter that can be played directly on browsers such as Brave or Chrome and crypto wallets like Phantom.
Additionally, a version is being developed for the forthcoming PSG1 handheld gaming console. To enter the game, users must pay 10,000 BONK (approximately AU$0.26). Participants accrue BONK by eliminating opponents and reclaiming their entry fees, with a variable fee of 0%–10% levied.
Decrypt was informed by the studio responsible for the new arcade shooter, which is based in Solana, that it intends to further enhance the utility of the BONK meme currency by incorporating unlockable characters, level-based rewards, and loot crates.
This is about giving additional utility to a meme token through highly engaging, competitive gameplay. All player spawns and kills are recorded on-chain, so this game will generate substantial on-chain Bonk volume – Evan Ryer, CEO and co-founder of Bravo Ready
Burning BONK, player rewards, and donations to the Bonk for Paws charity will comprise half of the game’s revenue. The remaining half will be used to finance the buybacks of the READY token. This distinct asset was introduced by the company Ready, the original developer of the “Real Money Gaming” model implemented in Bonk Arena.
