# Bonk > The community token of web3 BONK is a cryptocurrency token that aims to serve as a community coin for the web3 ecosystem. It has been integrated into various platforms and has a growing user base. BONK helps users interact with Solana DeFi applications through a programmed token system. With it, you can trade across exchanges, provide liquidity to protocols, and participate in decentralized governance. BONK reduces available supply through transaction burns while integrating with multiple blockchain applications. - Type: Project - Sector: Meme - Status: Active - Founded: 2022-07-01 - Profile: https://thegrid.id/profiles/Bonk ## Products - [LetsBonk](https://thegrid.id/profiles/Bonk): LetsBonk implements token creation through a web interface, enabling generation of custom Solana tokens and automatic liquidity provision. (Launch Pad, Live, Main Product) ## Assets - [Bonk (BONK)](https://thegrid.id/profiles/Bonk): BONK is a memecoin operating on the Solana blockchain. It is used for tipping, community rewards, and as collateral in Solana DeFi applications. Launched on Christmas Day 2022 during Solana's downturn following the FTX collapse, it was airdropped extensively to NFT holders, developers, and active ecosystem participants, serving as a morale booster that helped revive activity and sentiment within the community. (Memecoin) ## Links - [Whitepaper](https://www.bonkcoin.com/BONK-Paper.pdf) - [Main](https://bonkcoin.com) - [Media Kit/branding](https://drive.google.com/drive/folders/13rUp99HkBZzjXAJK_Ma4yZMBaxz5Jw6W) - [Twitter / X](https://x.com/bonk_inu) - [Discord](https://discord.com/invite/qaQa6M6mN2) - [Telegram](https://t.me/Official_Bonk_Inu) - [YouTube](https://www.youtube.com/@bonk_inu) - [Instagram](https://www.instagram.com/official_bonk_inu) - [Medium](https://medium.com/@bonk_inu) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation. Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service. The following applies to both licensing models. - All data is provided AS IS with no guarantees of accuracy. - The Grid does not provide investment, legal, or tax advice, and - a project's presence in The Grid's data does not imply endorsement. - [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers - [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service. - [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service. - [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services. - [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures ## Optional - [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model - [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships - [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type - [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types - [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP