think @punksOTC has raised some interesting points today, following along where i can i think i slightly disagree with his overall framing re: @Token_Works new product 'PunkStrategy' ($PNKSTR) speaking as someone with a decent amount of exposure to cryptopunks, there is a pretty clear distinction to me about what type of exposure i am subscribing to in both the below scenarios: - owning a single cryptopunk represents sovereign ownership of a unique object within a capped supply, networked, generative art collection - owning a single $PNKSTR token represents exposure to (perceived) future transaction activity on the cryptopunks network (specifically, the moving delta between open market buys and open market sells associated with the protocol) the core mechanics are instructive on this point: each transaction of $PNKSTR generates a tax that is pooled and later funneled into the lowest priced cryptopunk on the marketplace, where it is purchased, relisted, and eventually sold at a later date, driving new ETH to procedurally purchase and burn $PNKSTR from the open market in this way, $PNKSTR serves less as exposure to any "x" number of cryptopunks objects themselves, and more a moving average of economic value transacting on the cryptopunks network said differently, $PNKSTR is backed by future flows of economic activity, not any one or number of objects i think what i find most interesting about stuff like PunkStrategy is the potential to create a dual, non-competing pathway for different flavors of exposure one can buy a cryptopunk for ownership of a scarce, networked, SoV digital object or one can buy a $PNKSTR token for exposure to economic value transacting on the cryptopunks network also v important to note: obviously 'PunkStrategy' is a very early experiment, and nothing in here is financial advice. like any of this stuff in our space, you can lose all your money in a gazillion different ways not worth repeating here that said, enough interesting surface area and conversation where i thought it might be interesting to verbalize a few details i think are cool nice work on the protocol @Rhynotic, @tetonotsorry, and the @token_works crew + v much appreciate the thoughtful public discussion @punksOTC