Sourceless (STR)

How I have seen gated milestones for Good Vibes Club since mint

Here are some thoughts on how I have viewed my added conviction in the team since before mint For me these are the stages I have seen and added as each was obvious

1. Chris and Ty impressive - track record working for biggest companies globally - Abstract not a fan so this was initial red flag

2. Question mark is how will web 3 community support the team - people here are drained and bottom feeders - Will they reward quality team and art - Done

3. Reveal happens - team is clearly supported by some of the best collectors in the space - minting isnt enough - capital needs to flow in and stay - Done

4. Early on community felt disjointed even though price action was good - Starting community spaces in August did exactly what I wanted to see - Bring the people together

5. team sharing the building process through streams with the team as well as maison doing community spotlights - Launching Opensea trailer early cred, Seeing Movki and Chris stream together and the respect they have for each other as artists

6. Ronny outreach is first class - done in the right way to the right people

7. Badge system - rewarding collectors - raffles for Vibes etc

8. Strategy token launch - Ty sees the opportunity early for what it could be - Massive level for me personally to add here on STR launch

9. Berk on spaces - Understanding how goated Berk the dev is - Helping troubleshoot things for Token works - GVC is no lightweight

10. Team attending IRL events and doing it in an organic way to build genuine relationships

11. Work with Opensea and tokenworks to be the first to integrate STR platform into opensea - again Berk and Ty - huge wrap

The current market caps of the NFTStrategies assume that no one thinks the prices of these NFTs will ever double again. The treasury value of the NFTs stored within the protocol for many of them are larger than the MC of the token itself. If the price of many of these were to double, the MC of the Str token would at least 10x from here.

Now I do think some legacy projects run on bad models, and it's possible that they just keep going down. But some of them will absolutely be worth 2x their current price in the future.

One of the most asymmetric upsides in NFTs atm. If you believe in project, artist, etc. this is basically a call option at a remarkable price on the NFT. This will seem really obvious in hindsight once things start moving... I say this as Eth and ETH/BTC are on the cusp of a mega breakout.

Hey @token_works please remove the forcing of “STR” into recursive tickers.

Hypothetically the buy and burn is just a feature of a token that stands on its own, unlike $PNKSTR and even token strategies.

Adding “STR” impacts potential narratives.