@nftstrategy
Introducing NFTStrategy: A Perpetual Machine for every NFT collection
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.
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.