tokenworks00

what's tokenworks?

TokenWorks is a decentralized platform designed as a playground for onchain financialized ideas, primarily focused on NFT strategies. It enables the creation and management of strategy tokens that represent automated approaches to acquiring, holding, and trading NFTs from specific collections, such as CryptoPunks or Bored Ape Yacht Club. These strategies incorporate mechanisms like fee loops, where trading volume contributes to treasury growth, NFT purchases at floor prices, and token burns to enhance scarcity and align incentives among holders. The platform operates through soulbound tokens and smart contracts that enforce predefined rules for NFT arbitrage and portfolio management. For instance, strategies can automatically buy undervalued NFTs and sell at premiums, with proceeds funneled back into burns or further acquisitions. This creates a self-reinforcing ecosystem where community participation drives value accrual, making TokenWorks a hub for innovative, programmable NFT investment vehicles on the Ethereum blockchain.

Snapshot

Tokenworks launched strategy AB500 to collect/sell all 500 Art Blocks Genesis pieces.

1W ago
TECH EVENT

Launched new strategy AB500 to collect and sell all 500 Art Blocks Genesis pieces.

1M ago
TECH EVENT

Experienced technical issues with the launchpad requiring support intervention.

The team announces $sweepstr token as the next upcoming development.

Chimpers HQ community burns 4+ ETH worth of $chimpstr tokens through the nftsweepsfun burn flywheel mechanism, with 6 completed sweepstakes and 6 NFT purchases from the strategy vault.

nftsweepsfun deploys to sell vaulted NFTs from the Strategy platform and activate the token burn flywheel mechanism.

Chimpers HQ and Good Vibes Club adopt Strategy Tokens as their main tokens, with both NFT collections holding up better than others in the current market.

Nouns DAO Proposal 900 is in active voting with 3 days remaining, submitted in consultation with tokenworks founder rhynotic who provides support for the proposal.

Generative collection "less" announces upcoming mainnet launch, featuring recursive token technology where decreasing supply produces art.

Fwog NFT floor collapses from 0.27 ETH to 0.1 ETH in hours following tokenworks strategy launch, with 150 items listed to 0.15 ETH.

Strategy token teams post only initial launch announcements with no follow-up communication about token incorporation into their projects.

$FRENSTR token launches as a TokenStrategy for Circle of Frens² NFT collection, costing 1 ETH to deploy and serving as a test case for art-focused collections rather than PFP projects.

Nakamigos approves $MEEGSTR, with a request to add the token to Nakamigos marketplace on OpenSea.

Fwog announces collaboration with the platform today for strategy tokens.

The protocol's NFT treasury value is larger than the token's market cap for many cases, while ETH/BTC approaches a breakout level.

Nakamigos token $MEEGSTR reaches 650k market cap on 750k trading volume within 2 hours of launch, while Nakamigos NFT floor price increases 25% on the day.

Nakamigos deploys their strategy on the platform.

$MEEGSTR token launches and is now live.

Good Vibes Club pledges approximately $900K from NFT Royalties, Treasury funds, and the 1% Protocol Fee to support their VibeStrategy.

78 recursive tokens launched with $1.7M total volume, alongside 1 ERC721 and 1 ERC20 token. Platform completes rebranding.

Recursive token $RSTR reaches $1.3M market cap.

The token launches with 13% of supply burned by the largest recursive runner and trades at $800k market cap.

Strategy deployments are now public, enabling any contract authority owner to permissionlessly launch their own strategies for collections including Rare Pepe, Fake Rares, Ordinals, and crosschain strategies. Chimpers is confirmed as a major adopter alongside Good Vibes Club, and a recursive strategy has accumulated over 20 ETH in fees for buy/burn operations.

The first recursive strategy is deployed on the platform.

Platform transitions to fully permissionless deployment today at 11am, allowing anyone to launch strategy tokens for NFT collections, ERC-20 tokens, or self-buying token mechanisms. Tokens feature sell tax and early sniping tax structures.

Good Vibes Club embraces $VIBESTR as their main ecosystem token.

Platform goes live Tuesday allowing all NFT and Memecoin communities to launch strategies for fees that buy and burn PNKSTR, introducing recursive strategies that automatically buy and burn themselves using accrued swap fees with anti-manipulation protections.

EmblemVault treasury owns 10% of all $NAKASTR tokens, purchased using Emblem Vault minting revenues from October/November and Token Works royalties from November.

Alert warning circulates advising caution regarding the project and associated account @Rhynotic.

The platform opens to the public next Tuesday, marking a major accessibility expansion.

The platform now features "recursive strategies" functionality, positioning it as a token launchpad.

Bryan Brinkman collaborates with the project for a Brinkworks collection, while additional projects including Punks, REKT, Wolf Game, and Football Dot Fun embrace the Strategy model framework.

Floor price rises 50% over the past week with team deploying 20 ETH wall strategy and $1.3M-1.5M USD in buybacks stored in strategy-listed NFTs set to release into $vibestr token if floor increases by 0.38 ETH.

Holders receive whitelist access for SKRUMPEYS project in new collaboration.

Strategy treasuries hold NFTs at a loss as the flywheel mechanism becomes ineffective in current market conditions with no token burns happening due to lack of Strategy-listed NFT purchases.

Strategy tokens launch on OpenSea marketplace through a new partnership collaboration.

Strategy token collaboration with ChimpersHQ goes live alongside a Xeet Campaign and raffle tournament with 10 days remaining.

2M ago

Emblem dedicates 100% of Pepe-related revenues (vaulting, OpenSea royalties, TokenWorks royalties) toward $NAKASTR purchases until January 1st, 2026. $NAKASTR achieves #1 in 24H trading volume for the second time since launching 72 hours ago.

Project representative appears on Ordinals Show to discuss $NAKASTR and EmblemVault partnership with the Bitcoin community.

$NAKASTR reaches 103 holders (passing the 100 milestone) with 11.6 ETH in treasury for its first RAREPEPE purchase and $300k market cap.

$NAKASTR progresses to 27% toward acquiring its first RAREPEPE and nears 100 holders.

TokenStrategy announces first ERC1155 strategy for the Rare Pepe Nakamoto card.

First ERC1155 Strategy collection $NAKASTR launches featuring Rare Pepe's Nakamoto Card with 35 ETH floor and 88 of 300 cards vaulted. Partnership with Emblem Vault enables cross-chain NFT strategies from Bitcoin Ordinals, Counterparty, Solana, Base, and Abstract to Ethereum.

GradeVault acquires approximately $20,000 worth of Pokémon cards at the London Card Show, bringing total vault purchasing power to approximately $48K. $VIBESTR gains 31.4% as the top performing alt-strategy.

Good Vibes Club deploys 134 ETH total including 108.66 ETH ($454,436) in $VIBESTR buybacks from team funds and protocol fees, plus 24.73 ETH to purchase 36 NFTs from OpenSea. $VIBESTR ranks as second highest market cap token on TokenWorks.

TokenWorks builds its NFTStrategy product using Uniswap V4 infrastructure, described as a permissionless NFT DAT.

GradeVault V2 website goes live enabling Pokémon card purchases with $CSTRAT or USDC, with 37 cards currently listed. StrategyPunks' first $STRMOG position sale burns 12.5% of supply with the token up 72% to 72K market cap.

A bottleneck prevents most collections from launching strategy tokens with the platform, despite many wanting to use it, explaining why groups launch their own tokens instead.

@osf_rekt endorses an official $REKTSTR token structured for community interest within the TokenWorks platform.

World of Women's $WOWSTR strategy acquires only 4 NFTs at ~0.2E and reaches $180K market cap, performing 3x worse than the lowest TokenWorks strategy.

Typical Token Works strategy token launches generate 50-100 NFT buys in volume. World of Women opted to build their own strategy token contract independently instead of partnering with Token Works, generating less than 1 ETH, while all strategy tokens currently struggle in poor market conditions.

$WOWSTR strategy token launches for World of Women with $166K market cap and 10% transaction fee structure (5% for NFT relisting at 1.2x, 4% rewards, 1% treasury). MacroStrategy airdrops 50% of supply to registrants.

OSF announces the ecosystem will be decentralized in the future, allowing anyone to launch their own Rekt strategy tokens and directing where value flows.

OpenSea acquires CryptoPunk 9763 from token_works and adds it to their rewards pool, along with an additional $500,000 ETH.

The platform launches tomorrow starting with ERC20 capabilities, then expanding to more NFT variations before the full platform release.

$REKTSTR launches as the first strategy token targeting an ERC20 token ($REKT) rather than NFT collections, with 8% of the 10% trading fees buying $REKT, 1% burning $PUNKSTR, and 1% going to RektBrands.

A live auction begins for Wardaddy, a 1/1 Special Character NFT with Strategist ability that receives 5-9% of fees from the first 10 days of $GLHFSTR trading activity.

A new NFT strategy launches today or tomorrow targeting either Nakamigos or Azuki collections.

A live auction begins for Gadriel, a 1/1 Special Character NFT with Strategist ability that receives 5-10% of fees from the first 10 days of $GLHFSTR trading activity.

A live auction begins for Blockrunner, a 1/1 Special Character NFT with Strategist ability that receives 5-9% of fees from the first 10 days of $GLHFSTR trading activity.

All strategy activities now added to artacle platform for tracking.

OtherdeedStrategy launches with under $800K market cap, the lowest of all launches to date, holding only 83 ETH after the 85-minute launch window and declining to 42 ETH with 284 Otherdeeds bought and 21 sold.

A new metaverse round strategy token launches that includes OthersideMeta and playgigaverse GLHF assets as part of weekly rotating strategies.

$VIBESTR launches with 1.1x listing premium mechanism to maintain parity between market and Strategy pricing. Nested mother Strategies roll out with $APESTR and $DEEDSTR for ecosystems with multiple collections.

TokenWorks prepares for a massive platform release next month while setting up new strategies, and features $CHMPSTR in their weekly blog.

Chimpers announces adoption of $CHMPSTR Strategy Token, launching The Dojo Reserve as a digital asset treasury for collectors, creators, and the Chimpers ecosystem.

GradeVault burns 97% of supply during migration to new liquidity pool, with $CSTRAT trading at $1M (+847%). StrategyPunks opens its first $MOG position, burning $STRPNK, $PNKSTR, and $MOG with $STRMOG trading at $131K (-13%).

GLHFSTR treasury reaches 69 ETH with NFT auction launching that distributes first month fees to special NFT holders and uses proceeds to buy and burn GLHF NFTs, GLHFSTR, and PUNKSTR.

GLHFers strategy token goes live in less than 30 minutes.

MacroStrategy ($MSTR), built by CryptoPunk holder Arkaydeus, opens airdrop registration running until early November with full protocol launch targeted for mid-November, implementing similar trading tax buyback and burn mechanics plus staking rewards.

ChimpStrategy treasury is fully depleted six days after launch. StrategyPunks launches Strategy Universe with 1% fees to buy and burn $PNKSTR and 1% to buy and burn $STRPNK, debuting first token $STRMOG at $180K market cap.

Open edition mint extends 3 hours to 3PM EST, with proceeds used to buy $CHMPSTR, $PNKSTR tokens and NFTs from Strategy communities.

ChimpStrategy treasury drops from 207 ETH to 73 ETH while Chimp holdings increase from 118 to 267 (+74 recent additions). All alt-strategy tokens trade down with $APESTR -20.3%, $CHMPSTR -18.4%, $CHKSTR -10.3%, and $PAINSTR -8.8%.

NFTStrategy charges 1% fees on trades to buy and burn $PNKSTR, with 4% of total $PNKSTR supply burned from trading volume and Punk sales.

Partnership with OpenSea announced for a special 24-hour Open Edition artwork celebrating the strategy ecosystem and creators. Physical event "A Fistful of Tokens" hosts a spaghetti western dining experience with community partners.

Chimpers adopts $CHMPSTR strat token, receiving a share of the 1% protocol fee to power their Dojo Reserve digital asset treasury which will acquire $CHMPSTR tokens.

VibeStrategy treasury is fully depleted 10 days after launch, while GobStrategy reaches 10.1% of tokens burned and ChimpStrategy holds 207 ETH with 118 Chimps owned.

Chimpers integrates as the second TokenWorks collection with $CHMPSTR token featuring buy-and-burn mechanisms funded by 1% protocol fees, with pre-season rewards currently active and new platform launching Q1 2026.

58 of the first 100 GoodVibesClub listings are via TokenWorks protocol, which triggers automatic $VIBESTR buys and burns on NFT purchases, totaling approximately 45 ETH in buy/burn activity.

3M ago

Access remains restricted to select creators, with daily auctions reportedly coming as a new feature instead of opening deployment to all creators.

A factory protocol concept for minting NFTs containing ERC20 tokens via ERC-6551 token bound accounts is proposed, running on NFTStrategy by @rhynotic and @token_works, with mint/burn mechanics for locking/withdrawing tokens and trading fees accumulating in $TKNSTR.