mike b

not great at twitter

[ripe @ripe0x]

there's a lot to unpack with the permanent collection protocol

the website has the full write ups and i'll be writing a few threads, but here's some TLDRs

- goal is to acquire one punk for each trait in an immutable vault contract, 111 in total
- there's one live bid on all eligible punks
- eligible punk == punk with uncollected traits
- the coin is $111
- trading volume continuously refills the live bid
- each acquired punk goes through a 72h return auction
- if the auction reserve isn't met the punk is vaulted and triggers a $111 buy + burn event
- a winning bid sends it back out, proceeds go to the bid pool and also trigger a $111 buy + burn event
- each vault event mints a proof nft to the seller, one per trait, 111 total
- no transfer restrictions on the $111 token, but buys on side pools get a 15% tax applied (taxed tokens get burned on each vault event)
- collection title nft auction kicks off when the collection reaches 20% complete
- erc20 and nft artworks are completely onchain and pull from PunksData.sol
- accepting the bid with your punk happens on the main punk market contract, via the PC ui

https://t.co/YuSrIl2TtT

[mike b @meattybones]

@ripe0x I tried it again and it worked! I'm participating in 111. Thanks Ripe!

[mike b @meattybones]

@ripe0x Wild network fee range: Network fee

$7.98 – $513.00

[mike b @meattybones]

@ripe0x It was

[Figure31 @figure31]

New work: fully on-chain fluid animations fueled by live blockchain data.

Coming next week.

[mike b @meattybones]

@puretoken_ @token_works New mechanism only if I know about when the 15 minute window is. LOLOLOLOL. Good luck on a successful endeavor.

[KasoiaNFTs🇧🇷🔺️CKCB 🦑🤥 @KasoiaA]

GM

I stepped away for a while.
I thought about stopping. I thought about disappearing.

But my love for art was stronger.
And in that silence, something new was born.

Coming soon: 1,000 hand-drawn pieces.
Still unnamed.
But with soul in every detail.

🐨🤘

[Adam @Rhynotic]

I’ve been seeing a lot of threads about the Ten Thousand Tokens launch, how the project doesn’t work, TokenWorks is for grifting, etc. and wanted to give my thoughts.

I wouldn’t wish launching new ideas in the crypto space on my worst enemy, especially tokens. I truly think this is the hardest medium to work in, as every action is permanent and there will always be someone who feels wronged regardless of how above board you act. I try to act as ethical as possible both onchain and with my marketing. We don’t work with KOLs, Market Makers, or “crime” tokens. If this is what you’re looking for, there are thousands of projects that do.

Every idea is a derivative, but I do try to release new ideas to the space. I’m transparent about the rules ahead of time, that way everyone is on the same playing field and can try to solve the game their own way. There’s a reason almost everything is a fork, it’s much easier to launch an idea that is proven to work than brainstorm your own.

“You just abandon ideas and move onto the next to rake in fees” When an idea has reached completion, you can either take what you’ve learned and apply it to the next one or lie through your teeth about how it’s “going to change the world” or “going to last forever” which I personally refuse to do. I run the TokenWorks twitter myself just so nothing that could be considered an over-promise slips through. Again, if this is what you’re looking for, there are tons of projects out there that love their marketing.

As for TTT, I still really like the idea as a novel launchpad on ETH. We’re going to keep tweaking it and see if anything catches on. Maybe we need to change the launch mechanics, maybe we need to ditch the artistic UI. The core idea of an ecosystem of holders rallying behind launches rather than PvPing feels strong to me. By design it will run as long as Ethereum does, but eventually if nothing catches on my attention will shift but we will have curated 2500-10000 new participants in the TokenWorks ecosystem that we can include in the future.

TokenWorks is a playground for onchain financialized ideas, on Ethereum. The mantra has always been we need to keep iterating on new primitives to see what works, and maybe a new killer protocol will be created that is really useful (ie. The Casino on Mars). We’re trying to build coordination games in a space that is inherently zero-sum. It’s difficult. Most will fail. If you want to support us and try our ideas, thank you so much. Regardless, we’re going to keep doing what we do best: experimenting on the frontier.

[Diane Lindo @DianeeLindo]

sweet dreams 🩸

[ripe @ripe0x]

chaos mode

[die with the most likes @toadswiback]

good meat.

[Mallorca @Storeofvalue]

A huge thanks to @toadswiback for this insane meat mash up of a classic Lucrece piece that I was fortunate enough to pick up a while back.

The original is one of the great tezos pieces and now reworked meat manager style in all its brutality.

Hell Is Real.

[hafftka @hafftka]

Six new works from my ongoing series, figures drawn from the stream of images we swim in every day. Social media as source material, social media as subject. The pose, the gaze, the performance of self. I’ve been working with Zachary Presley at Dopamine Contemporary for years now, and this collaboration keeps pushing me somewhere I need to go.
Love at First Sight. Peace. Reckless Grace. Rebel. Clear Message. In and Out. 2025. Ink wash and watercolor on Barcham Green Hayle paper.
Available exclusively through Dopamine Contemporary

[alperaym @alperaym]

PEPELIFTSBTC

SECURED THE LIMITED ON SECONDARY MARKET! 🔥

[mike b @meattybones]

Fellaz by @alperaym

[mike b @meattybones]

Thank you, @alperaym, for your generosity. I'm loving this piece.

[tinoch🤳 @tinoch]

Just minted the inaugural Liquid Edition, $VALUE, by
@ripe0x on @SuperRare !

[ripe @ripe0x]

recently settled machines