@OGDfarmer@OthersideMeta I HAVE to believe they’re prepping some stupidly massive launch. They’ve been teasing this for more than a year. But the fact the almost nothing leaks either means they have nothing or they’re good at keeping secrets.
Let’s hope for the latter.
Our whole team has been quietly cooking, and tomorrow, you’re going to start to see a small piece of what we’ve been working on.
OtherdeedStrategy launches at ApeFest with a new mechanic, where in addition to buying Otherdeed NFTs, 0.5% of fees will also go to buying and burning $APESTR.
This is the first strategy where fees will go to burning a collection’s strategy token in addition to NFTs, with many additional custom strategies to come.
Over the coming weeks, you'll see more novel strategy launches before a massive platform release in early November.
@punk9059 Good. Drives volume from people unwilling to buy the underlying NFT. Increased liquidity, especially when it’s not simply incentivizing farming is a good thing.
@rektmando Strategies like @token_works
They’re bringing new technical and financial innovation and experimentation (like some of the themes you listed). But I like that they’re (chaotically) reviving the NFT market right now.
In the new Strategies, looks like @token_works has fixed the the issue with buying initial NFTs way above floor. A simple but great addition to prevent extraction.
I'm going to be bearish on any NFT collection that launches a token from here on out that doesn't have a % of fees going towards helping the NFT floor price
Either build your own flywheel like Token Works where it buys it's own collections floor, then lists, sells, burns...
Or
Help the Token Works flywheel work too by generating a pool of fees to buy NFT's out of the NFT Strategy wallet
Then list those NFTs, sell them, take proceeds to buy and burn their own ecosystem token
Or keep the NFT's in the treasury for marketing and giveaways
Something
But don't give me another shitty NFT ecosystem token that will go straight down
Do something that helps the NFT project that got you to where you are
hey guys @BoredStrategy
might be better to wait for @token_works to open up the contract (apparently its gonna be soon) for all collections who want to do it, and let @yugalabs do it themselves, so as to not ruin it irreversibly
Every new NFTstrategy clone should be treated as a rug.
They’re all launched by anon devs, not permissionless, and they can rug both the token and the purchased NFTs at any time.
My advice: wait for the next strategies launched by @token_works don’t let FOMO trick you.
Which strategy not named $pnkstr is gonna be first to hit $10m MC.
@MeebitsNFTs is the most undervalued becuase people don’t realize 4% of token supply has already been burned.
Once that data is visible, @Rhynotic confirmed it’s coming soon, going to get spicy 🔥
👀