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Being GenZ, what comes in your mind when you hear the word 'Punk'? Do you use that word irl? How would you feel if that word is used for a brand. Will it be good?

It has a negative vibe to it. Should be combined with some specific to be used for a brand.

Interesting take. Do you feel simple, easy names, will resonate more with today's youth?

Depends on what you're building. But in most cases memorable words would work imo

Awesome, how about for a fancy product?

Just add something before or after it