TechFlow news, October 6 — @Punk6529, a CryptoPunks KOL and NFT collector, posted on X analyzing the market-making mechanism and impact of PunkStrategy. He stated: PunkStrategy is a tokenized market-making experiment based on CryptoPunks, funded by trading fees. Its significance lies not in investment returns, but in exploring new interaction mechanisms between NFTs and fungible tokens. PunkStrategy can generate short-term gains during market upswings and may incur losses during downturns. However, if one believes in the long-term rise of the CryptoPunks NFT floor price, profits can still be achieved over time. In the long run, this market-making mechanism benefits the CryptoPunks floor price more than the token price itself, as it creates sustained buying pressure. Regardless of its success or failure, PunkStrategy already exists on-chain, representing the spirit of "network art" experimentation, and similar mechanisms will continue to emerge in the future.
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