Ktrap

Building at the intersection of Crypto, AI & Digital Assets. Day 1 Neo Tokyo Citizen. Founder @GridPhantoms @GridLabsX. Not financial advice.

[Ktrap @ktrap]

🎃 A Halloween treat from me to the CREDITS community

🧧 I’ve been teasing this gift for a week or so now; happy to report it’s finally ready

I’ve built a free way to put your @jackbutcher CREDITS into digital collector cases

CREDIT ARCHIVE keeps the original artwork intact, with rarity rank, Credit Rating & print traits together on each label

I also wanted a quick reference for my own collection: an easy way to see its rarity mix & scan each CREDIT’s CR points without opening everything individually

Hopefully you’ll find that useful too

No wallet connection, mint or fee

Just a new way to understand, display & share what you collect

▷ HOW IT WORKS

Enter a wallet address or ENS name to load its loose CREDITS, or look up a single CREDIT by token number

Browse in grid view, switch to larger cases, sort by rarity or filter by R-grade

Tap “View case” to open an individual case & save its image

For a collection image, tap “Make collection image”

Choose your own selection of up to 12, or use “Select top 12” to grab your rarest

Smaller collections get a “Select all” option

You can also copy a public gallery link to share your wallet’s collection

▷ WHAT DO R10–R1 MEAN?

They’re rarity tiers based on the original 122,154-piece ranking, with R10 the rarest

Each CREDIT gets the highest tier it qualifies for

R10 ▷ Top 300
R9 ▷ Top 600
R8 ▷ Top 1,200
R7 ▷ Top 2,500
R6 ▷ Top 5,000
R5 ▷ Top 10,000
R4 ▷ Top 20,000
R3 ▷ Top 35,000
R2 ▷ Top 50,000
R1 ▷ Ranks 50,001–122,154

Burns don’t reshuffle the grades

This is our independent collector shorthand, not an official Jack Butcher grading system or a price estimate

My 12 rarest below 👇

Give yours a spin & show us your collection

Access here, hosting & compute compliments of @GridPhantoms & @GridLabsX:

https://t.co/XGPOgtQaxS

[Ktrap @ktrap]

👀 $BALANCE is becoming BARS

Casting is LIVE from @jackbutcher

As of 19:11 UTC:
▷ 363 Bars cast
▷ 58 minting wallets
▷ 66,066 BALANCE deposited

That’s ~66k tokens off the market

Each Bar is a numbered collectible with its own vault

Bar #1 holds 1 BALANCE
Bar #363 holds 363 BALANCE
Etc…

Its colors come from the tokens deposited

You’re not paying those tokens to the artist, you’re putting them inside an artwork

🔑 WHO CAN CAST?

Each window opens at 11AM Eastern / 16:00 UTC

Today: Eligible Statement participants, auction buyers & liquidity providers

Nov 12: Eligible repeat buyers

Nov 13: Other eligible never-sold holders

Nov 14: Everyone

Early access follows the finalized never-sold rules & a fixed wallet list, so check your eligibility on Jack’s official page

Listed wallets get up to 10 Bars TOTAL before public access, not 10 each day

⚠️ MELTING OPENS NOV 19

When casting closes at 11AM Eastern / 16:00 UTC, you can burn your Bar to recover its BALANCE

Until then, the tokens stay locked, but the Bar can be traded

A melted serial is never cast again

10,000 Bars max, with higher serials requiring more BALANCE

Your number can advance if someone casts before you, so review your deposit limit

My wallet is confirmed for Day 2, so I’m watching the first numbers roll out today 👀

Keep the art, trade it, or melt it later

Cast & check eligibility:
https://t.co/iSehHeOknw

Browse:
https://t.co/TsLXhyUCP9

[@jackbutcher @jackbutcher]

credits
statements
balance
bars
clients

[Ktrap @ktrap]

@BrightAvian @PapawPengu 😮‍💨😮‍💨🔥 let’s go

[@jackbutcher @jackbutcher]

bars minting open

https://t.co/WjuiUoWZkf

[Ktrap @ktrap]

@KrownCryptoCave Translation: higher ☑️

[Ktrap @ktrap]

@BrightAvian @PapawPengu 😄😄😄

[Ktrap @ktrap]

😮‍💨 $BALANCE

The 53.75M supply headline needs some context

Refresher: Those “points” in the graphic are Credit Rating points

1 CR point = 1 BALANCE when a Statement is converted

Only ~17.25M has actually been released as tokens

The rest is still represented by CREDITS & unconverted Statements

At ~$0.0177, that’s roughly $305K against released supply, versus ~$950K fully diluted

And released doesn’t mean every token is sitting there for sale

👀 The two main ETH pools currently show only ~$92K combined liquidity

My bull case isn’t that supply magically disappears

It’s that sustained demand would be arriving in a very small market, while BARS introduces another reason to acquire & hold BALANCE inside collectible art

Those tokens can return through melting, and more supply can enter through Statement conversions

But this is why I’m watching

👉 A relatively modest wave of attention could matter A LOT here

Thin liquidity cuts both ways, but the scale of this market is easy to overlook

Not financial advice, just my observations, do what ya like

▷ Enjoy all my CREDITS tools, including Market Intelligence, Value Finder, Wallet Appraiser & Collector Galleries:

https://t.co/sg8Bca1Qwv

[Ktrap @ktrap]

@DSA_Watch Surprise surprise 🗑️

[Ktrap @ktrap]

Reminds me of the great Bitcoin energy drain fake news of 2021

This psyopp too shall pass

[ApoStructura @ApoStructura]

Reminder that the “datacenters use too much water” problem is fake.

[Ktrap @ktrap]

🤫 don’t say a damn word you dumbasses fear fear fear sell all panic it’s joever

[Brick @brickcryptox]

Bitcoin | Net shorts just hit an ATH.

The last 4 times we saw these levels, they marked a major bottom.

[Ktrap @ktrap]

@elliotrades

[Ktrap @ktrap]

@EaglewulfStrat @NeoTokyoCode A beaut of an Android,
must say

[Ktrap @ktrap]

👀 A little piece of 2021 @NeoTokyoCode history found a new home

S1 Citizen #1639 sold for 0.609Ξ (~$1,263)

🤝 Congrats to OpenSea user “Seraph_Aurelion”

I went digging through this one’s history & found an original build still intact

▷ Assembled December 7, 2021
▷ Identity #20 + Vault #20
▷ Item Cache #464 + Land #1389

All four parts were originally minted by its assembler

That wallet kept the Citizen for nearly three years before a 7Ξ (~$24,100 at the time) sale in November 2024

Today’s buyer paid just 8.7% of that ETH price; sweet deal

Apparently the 2021 provenance comes with 2026 pricing 😂

Still carries those same four original components

▷ One of just 21 S1 Assassins, rarity rank 592 & Reward Rate 4

🗼Grand Rising

[Ktrap @ktrap]

@dez_onchain @KrownCryptoCave He’s a utc guy

[Ktrap @ktrap]

@acidgnostic @KrownCryptoCave Yep ☑️

[Ktrap @ktrap]

@Zeneca Gud test ☑️

Still here Zeneca 🔮🫡

[Ktrap @ktrap]

@BrightAvian 😂😭

[Ktrap @ktrap]

Wake up. ☕️📢

[Sam Lyman @SamLyman33]

Fun fact: The woman pictured here credited the viral success of her campaign to the Party for Socialism and Liberation, a China proxy organization operating here in the United States.

PSL is the political arm of the Shanghai-based Neville Roy Singham, an avowed Marxist multimillionaire who has bankrolled anti-American, pro-CCP nonprofits to the tune of $278 million.

Singham’s political foot soldiers have been boots on the ground in dozens of anti-data center fights across the country. But striking down the $5 billion data center campus in Landover, MD, was by far their biggest scalp.

In the ongoing campaign against American AI, cui bono?

More than anyone, it’s our chief political adversary.

[Ktrap @ktrap]

@BrightAvian True, how do we long retardation?

[Ktrap @ktrap]

@BrightAvian @jackbutcher See? Never resting, ser. Seen.

[Senator Cynthia Lummis @SenLummis]

BREAKING: Water is wet.

Of course the woman who wanted to recruit an “anti-crypto army” is unwilling to acknowledge the many positive things digital assets have done for affordability and everyday Americans, so allow me to name a few:

-Payroll processing takes 5 days on average today, as you can see below. Stablecoins permit employers to pay their employees nearly instantly. For most Americans living paycheck-to-paycheck, getting paid 5 days earlier is a big deal.

-Warren’s beloved big banks charge nearly 15% to send $200 overseas, and the money takes days or weeks to arrive. Digital assets spare its customers many of the unnecessary fees and can move the funds nearly instantly, any day of the week.

For someone who claims to champion affordability and hates junk fees, she sure loves protecting them. Ultimately, digital assets have made a clear case, but she just keeps voting against them and the rules of the road she claims she wants, because she actually wants to kill crypto.

Builders should plan accordingly.

[Ktrap @ktrap]

@SenLummis Thank you for standing up to this vile and fake person