Blur burned NFTs to the ground DATs could help NFTs rise from the ashes Back in 2023, @blur_io hyperfinancialized NFTs as if they’re memecoins in a jpeg. On top of that, Blur Season 1 pushed NFTs to be farmed to the ground This 2025, when NFTs are down, @token_works came out with $PNKSTR. The basic idea is: 1️⃣ People buy $PNKSTR 2️⃣ Use 10% of trading fees to buy Punk 3️⃣ List Punk for 1.2x over floor 4️⃣ When Punk is sold, use ETH to buy $PNKSTR & burn supply 5️⃣ Repeat Right now, Punk Strategy has acquired 9 Punks and are able to sell 1 Punk. This idea is so brilliant that we see: - @token_works working on a version of this for other NFTs (BAYC, Pudgy Penguins, Moonbirds, Meebits, Cryptodickbutts) that will launch this week. 1% of trading fees here will be used to burn $PNKSTR - @PDGYSTRG launching in Abstract. It was already able to acquire 2 Pudgy Penguins with the same mechanics - @LocalFloridaApe working on Bored Strategy looking to do the same for BAYC and maybe...
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