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Remixing the NFTStrategy Playbook: 3 New Takes

PunkStrategy sparked a meta, and now remixes are pushing out in new directions.
Remixing the NFTStrategy Playbook: 3 New Takes
William M. Peaster William M. Peaster
Oct 7, 2025 • 3 min read
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In the NFT scene, TokenWorks kicked off the strategy token meta.

It all started with PunkStrategy, which uses fees from PNKSTR trades to buy CryptoPunks, relist them at a premium, and buy-and-burn PNKSTR with the ETH proceeds.

NFTStrategy, also by TokenWorks, is the generalized version. It can run this strategy loop (buy, relist, resell, buy-and-burn) for any other NFT collection. Per project, 8% of the trading fees go to accumulation, 1% go as royalties to the collection's creators, and 1% goes to burning PNKSTR.

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William M. Peaster

Written by William M. Peaster

994 Articles • View all      

William M. Peaster, Senior Writer, has been with Bankless since January 2021. Immersed in Ethereum since 2017, he writes the Metaversal newsletter on the onchain frontier, covering everything from AI projects to crypto games, as the team’s lead NFT analyst. With a background in creative writing, he writes fiction and publishes art on Ethereum in his free time.

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