Introducing NFTStrategy: A Perpetual Machine for every NFT collection
PunkStrategy started as an art project, and turned into a whole new token meta. It was bound to be forked, and we felt like we should create a way to launch your own while still being permissionless and safe for buyers. We also wanted to make sure each one strengthened
$PNKSTR, and also gave value back to project creators/artists that have slowly been cut out of royalties.
How it works:
- Every ERC721 NFT collection can have a single NFTStrategy token deployed for it (1 to 1)
- Fees pool up from trades, buy NFTs for that collection, and relist them at 1.2x
- When the NFT sells, all of the ETH is used to buy and burn that NFTStrategy token.
- This continues, forever.
Fee Breakdown:
- Right now
$PNKSTR has a 10% trading fee, with 8% going to the NFT accumulation pool, 1% to TokenWorks supporters, and 1% to the TokenWorks team.
- NFTStrategy tokens will have a slightly different fee structure. Each will still have a 10% fee, with 8% going to the NFT accumulation pool. 1% will go to the collection owner as royalties, and 1% will be used to buy and burn
$PNKSTR
How To Launch:
- There will be 3 launch phases. First, 5 NFTStrategy tokens will launched by the TokenWorks team on Day 1:
$APESTR (Bored Apes),
$PUDGYSTR (Pudgy Penguins)
$DICKSTR (Dickbutts)
$BIRBSTR (Moonbirds),
$MEEBSTR (Meebits).
- Later, deployments will open up to any owner of an NFT collection. Finally, deployments will be open for anyone for a fee.
Fair Launch:
- Each token will launch at a starting marketcap of $50k, with all of the tokens added to the initial LP.
- For public launches, the deployer will also get 1% of the token included in the deploy fee.
- To deter snipers, buy fees will start at *95%* and decrease by 1% each minute, eventually resting at 10%.
All announcements will come only from the official
@token_works account, and time will be announced in advance. Goal is to launch tomorrow, Sept 18th. Avoid scams and stay vigilant.