8745 retweeted
GM . Todays Featured Collector is @Punk8745 with a rare bitFam Quadtych.
Thanks so much for the interest and support 8745.
8745 retweeted
Why $PNKSTR will eventually reach $1, $5, $10 and beyond in a single image.
For clarity, when a floor punk is bought, it is automatically relisted at 1.2x the amount of ETH it was initially purchased for. 100% automated and code driven. On-chain, forever.
One must then consider the eventual successes of other strategy tokens such as $APESTR $VIBESTR and $CHMPSTR, which will automatically burn $PNKSTR via 1% of their ongoing token trading volumes.
With an investor hat on, the RR for this level of innovation, with such a small market cap, is beyond ridiculous.
The most asymmetric play in existence today.
8745 retweeted
GM Strategists ☀️
With QE starting back up, I believe CryptoPunks will rebound to new highs this year 📈
From here, CryptoPunks only need to 2x for $PNKSTR to sell its entire inventory of punks 👀
This means 2103 ETH ($6.8M USD) will buy and burn $PNKSTR on the way to a 61E floor 🔥
I wonder how many times $PNKSTR price will multiply in the time that CryptoPunks 2x in floor price 🤑
8745 retweeted
We've revamped the TokenStrategy home page to be easier to digest how Strategies work at a glance, rather than the terminal view.
8745 retweeted
PNKSTR's current market cap is only $18m
Just 10,130 holders
Liquidity is expanding
When alts run and NFTs recover this could be one of the fastest moving charts in crypto
New strategy tokens are being added all of which support PNKSTR
I've doubled my PNKSTR holdings over the last week
NFA DYOR HNY etc.
8745 retweeted
PunkStrategy has purchased Punk #4798 for 29.33Ξ
PunkStrategy is currently holding 37 CryptoPunks bought for a total of 1698.34Ξ
8745 retweeted
$MEEGSTR by @token_works is now live
Next Tuesday, we will open the TokenStrategy platform for public launches.
All strategies are autonomous.
They are fully onchain, and without oracles.
And most importantly, strategies will exist forever, for as long as the underlying chain remains operational.
To launch an NFT (ERC721/ERC1155) or Fungible (ERC20) Strategy, you MUST be the owner of the underlying contract (or contact our team) and pay a deployment fee.
We are also introducing a new type of Strategy on Tuesday:
Recursive Strategies.
These strategies have NO underlying asset and use all fees to buy itself in perpetuity.
All 3 Strategy types - NFT, Fungible, and Recursive - will be able to be deployed on Ethereum, Base, and Monad on release day.
Reach out to us if you're planning on launching a Strategy and want guidance beforehand.
Happy Thanksgiving.
- TokenWorks
8745 retweeted
TokenStrategy is now live for public launches.
Live at tokenstrategy.com 💫
8745 retweeted
TokenStrategy will go live at 11am EST
We've decided to only launch on Ethereum mainnet today to ensure a smooth launch and will roll out other chains soon.
A lot of love has gone into building this platform, and we are excited to see how people end up using it ❤️
8745 retweeted
The NYT is a political propaganda machine, selling anger to unhealthy people, more than anything approaching real journalism at this point. Which is a shame, because real journalism can actually be quite valuable.
Luckily, I don't know anyone who takes them seriously at this point (other than a few people over 60 on the east coast).
Dealbook seems to have a different culture somehow (credit to @andrewrsorkin).
One of the best gifts you can give your friends and family this holiday season is to unsubscribe from the NYT. 🎄
INSIDE NYT’S HOAX FACTORY
Five months ago, five New York Times reporters were dispatched to create a story about my supposed conflicts of interest working as the White House AI & Crypto Czar.
Through a series of “fact checks” they revealed their accusations, which we debunked in detail. (Not surprisingly the published article included only bits and pieces of our responses.)
Their accusations ranged from a fabricated dinner with a leading tech CEO, to nonexistent promises of access to the President, to baseless claims of influencing defense contracts.
Every time we would prove an accusation false, NYT pivoted to the next allegation. This is why the story has dragged on for five months.
Today they evidently just threw up their hands and published this nothing burger. Anyone who reads the story carefully can see that they strung together a bunch of anecdotes that don’t support the headline. And of course, that was the whole point.
At no point in their constant goalpost-shifting was NYT willing to update the premise of their story to accept that I have no conflicts of interest to uncover.
As it became clear that NYT wasn’t interested in writing a fair story, I hired the law firm Clare Locke, which specializes in defamation law. I’m attaching Clare Locke’s letter to NYT so readers have full context on our interactions with NYT’s reporters over the past several months.
Once you read the letter, it becomes very clear how NYT willfully mischaracterized or ignored the facts to support their bogus narrative.
8745 retweeted
I paid $12k for the token(dot)works before I had any project ideas and @0xFlooreyes whipped up the branding / site overnight
Leave behind your financial nihilism and come believe in tokens that actually do something
The Token Works
PunkStrategy has purchased Punk #4046 for 30.82Ξ
PunkStrategy is currently holding 36 CryptoPunks bought for a total of 1669Ξ
8745 retweeted
Recursive strategies are the final evolutionary step for Memecoins, and through them the Tokenworks platform (when launched) will directly compete with Pumpfun
Here are my thoughts on why Tokenworks > Pumpfun for memecoins
> When launching a coin on Pump the dev/cto lead gets to decide what happens with creator fees, the best case is those fees are used for buybacks and those tokens get burned, when you launch with tokenworks that happens automatically, the dev/cto lead cannot hold those fees hostage
> Even more interesting is the fact that a portion of all volume for all tokenworks coins goes towards buying back and burning PNKSTR - Pumpfun buys back PUMP periodically but it's unclear what happens to those coins as they don't get burned
> The most annoying part about launching on Pumpfun is if your coin runs it will just get vamped by one of the cabals. With Tokenworks that's much harder cause there is a small fee (which also goes towards buying and burning PNKSTR) and a decreasing tax mechanism that makes sniping/bundling near impossible
> If you want exposure to the volume on Pumpfun, that's too bad cause you can't get it through PUMP, but PNKSTR is at the center of everything Tokenworks does, so you can easily get exposure to the entire ecosystem
> With Tokenworks, all the strategy token communities support each other, with Pumpfun it's a race to zero while each newly launch coin fuds the next, it's an everyone for themselves cagematch that only really the Pumpfun company and SOL stakers benefit from
> Tokenworks also benefits from the massive liquidity on Ethereum while Pumpfun traders have mostly lost everything due to the trenches extractive environment, it makes sense to make the switch now
May the best platform win
8745 retweeted
Strategies are a better aligned model for communities that actually relate to NFTs.
They allow teams to give back to their holders in a tangible way. The key is what you build on top of them like what we are doing with @goodvibesclub, and same with @ChimpersHQ.
The lack of alignment in the old way is evident and like I said months ago, market demand will drive what teams do because it’s what people care about. It’s what’s ultimately in their best interest.
We’re seeing that play out in real time and I’m excited for more teams to have the opportunity to build on top of this new way of doing things.
The token works, y’all.
Next Tuesday, we will open the TokenStrategy platform for public launches.
All strategies are autonomous.
They are fully onchain, and without oracles.
And most importantly, strategies will exist forever, for as long as the underlying chain remains operational.
To launch an NFT (ERC721/ERC1155) or Fungible (ERC20) Strategy, you MUST be the owner of the underlying contract (or contact our team) and pay a deployment fee.
We are also introducing a new type of Strategy on Tuesday:
Recursive Strategies.
These strategies have NO underlying asset and use all fees to buy itself in perpetuity.
All 3 Strategy types - NFT, Fungible, and Recursive - will be able to be deployed on Ethereum, Base, and Monad on release day.
Reach out to us if you're planning on launching a Strategy and want guidance beforehand.
Happy Thanksgiving.
- TokenWorks