PHILANTHROPY IS THE REAL PUNK: TokenWorks Founder Rhynotic Donates $50K To Non-Profit Node Foundation After Strategy Coins’ Success

Philanthropy is the real Punk!

 

On Monday, TokenWorks’ Founder Rhynotic announced that he was donating $50,000 to the Infinite Node Foundation, the non-profit that owns the CryptoPunk collection that inspired his Strategy coins, to support their work in keeping Punks punk for years to come.

On September 6, Rhynotic launched his PunkStrategy token, a perpetual NFT buying machine that uses a 10% trading fee on the coin to buy and flip Punks for 1.2X, then buy back and burn the token supply.

 

 

Today, PunkStrategy has a market cap of $144 million and holds 30 CryptoPunks. The team has since expanded the Strategy ecosystem to include coins for Good Vibes Club, Pudgy Penguins, Bored Ape Yacht Club, Moonbirds, Checks, Meebits, CryptoDickButts, Squiggles, Max Pain, Goblintown, and Toadz Collections.

With so much early success, Rhynotic wanted to give back and support the team at the non-profit Infinite Node Foundation, whose mission is to “carry the Punk ethos forward through an evolved model of stewardship, one grounded in three essential pillars: Preservation, Community, and Expansion.”

 

“Inspired by Matt and John, I'm proud to contribute $50,000 to @nodefnd,” he tweeted today. “PunkStrategy would obviously not exist without @larvalabs, and the success of Node (and carrying the torch of the CryptoPunks IP) will only bring more collectors into our space. I continuously go back to this @VitalikButerin

about how these coins can become more positive-sum and long lasting, and I really think @token_works is helping this become a reality.”

 

 

Following Rhynotic’s donation, other PunkStrategy holders like RedBeard also donated to Node, and the non-profit thanked the Strategy ecosystem for their support!

 

“Because it takes a network to make art work,” Node tweeted. “Thank you  @redbeardnft @Rhynotic for investing in spaces where digital art lives, evolves, and connects us. Your generosity - inspired by  @larvalabs - proves the power of collective stewardship. NODE is a nonprofit foundation, this work belongs to everyone. Your tax-deductible gift builds cultural infrastructure that will last and nourish what's next.”

 

 

As the Boed Ape Gazette previously reported, Yuga Labs sold the CryptoPunks IP and five Punk NFTs to the Infinite Node Foundation back in May 2025.

 

 

 

The Bored Ape Gazette will continue to follow Rhynotic, his Strategy coins, and the Infinite Node Foundation. Stay tuned for updates!