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We've been doing some intense thinking and strategizing behind the scenes.
How can we make the flywheel spin harder and faster?
The answer we found, was hidden in math.
After running the simulations hundreds of times, we've finished executed the move and here's what's new:🧵
How can we make the flywheel spin harder and faster?
The answer we found, was hidden in math.
After running the simulations hundreds of times, we've finished executed the move and here's what's new:🧵
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2 Sales in a day means the flywheel is spinning extra hard! We sold 2 NodeMonkes for 0.069 BTC and bought back and burned 2.45 million $NODESTR. We have now burned 34.02% of the ENTIRE SUPPLY just as the market is heating up
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A sale a day keeps the flywheel going, we sold a VHS NodeMonke yesterday for 0.0396 BTC and bought back and burned 1.45 million $NODESTR. Congratulations to the buyer on an excellent NodeMonke
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We just sold a beautiful pristine Rainbow Nodemonke for 0.04 BTC on Monkedex that we originally bought on the dip for 0.0197 BTC. We used the BTC to buy back and burn 1.53 million $NODESTR, for a total of 33.63% of total supply burned!
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Proud to announce that we begun listing on the official @nodemonkes marketplace yesterday, and already got the first official sale from @BitMonk5060! We used the proceeds to buy back and burn 1.45 million $NODESTR. The Monkedex is officially open (beta) for business! Link in 🧵
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Public beta is now live, no need for an invite anymore, just connect your wallet and begin trading! Our short term ladder listings are already on there. nodemonkes.com
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With the uptick in the recent BTC pump, we sold 2 NodeMonkes and bought back 2.9 million $NODESTR with the proceeds and burned it! We've now surpassed the important milestone of 1/3rd or 33.34% of the ENTIRE SUPPLY of the token burned.
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Things have been a bit slow, so we've been saving up our trading fees, and we just bought back and burned ~2.49 million $NODESTR. We are now at 33.04% of all NODESTR burned permanently!
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It's that part of the market where everyone's low on funds. (including us!) Despite that, the flywheel continues. Another NodeMonke sold and we just bought back and burned 1.12 million $NODESTR and we are now up to 32.79% of total supply burned!
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Some things are inevitable, another sale, and we bought back and burned 1.29 million $NODESTR! We are now at 32.68% of the entire supply burned.
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Another NodeMonke sold.
Proceeds bought back 1.47m $NODESTR.
Tagged and burned.
Total supply burned: 32.58%
Tagged. Burned. Gone.
Proceeds bought back 1.47m $NODESTR.
Tagged and burned.
Total supply burned: 32.58%
Tagged. Burned. Gone.
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Another 2 NodeMonke sales executed.
Proceeds bought back 2.87 million $NODESTR. Sent straight to the burn.
Total supply burned: 32.4%%
The Strategy continues .
Proceeds bought back 2.87 million $NODESTR. Sent straight to the burn.
Total supply burned: 32.4%%
The Strategy continues .
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Quick update on the team and token:
The original team of 4 is still listed on the transparency page and hasn’t changed since launch.
Team allocation sits at 14% with a 6-month cliff followed by a 5-month gradual unlock. We’re already roughly 40% of the way through the linear unlock — about 40% of the team tokens are unlocked, but not a single token has been moved or sold.
Burns have taken ~32% of the supply out of circulation, which automatically increases everyone’s relative share (including the team’s) by the same proportion.
All of this comes down to the team being fully aligned on taking actions that support the long-term success of the project.
#SendNodes
The original team of 4 is still listed on the transparency page and hasn’t changed since launch.
Team allocation sits at 14% with a 6-month cliff followed by a 5-month gradual unlock. We’re already roughly 40% of the way through the linear unlock — about 40% of the team tokens are unlocked, but not a single token has been moved or sold.
Burns have taken ~32% of the supply out of circulation, which automatically increases everyone’s relative share (including the team’s) by the same proportion.
All of this comes down to the team being fully aligned on taking actions that support the long-term success of the project.
#SendNodes
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We just sold these 2 NodeMonkes for 0.065 BTC and bought back and burned 3 million $NODESTR for a total of ~32.12% of the entire supply burned now!
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The symbiotic flywheel of coins for Monke, and Monke for coins continues with the sale of this NodeMonke which we used to buy back and burn another 1.44 million $NODESTR with.
Now 31.81% of the supply is burned!
Now 31.81% of the supply is burned!
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When provenance is in your favor, time is on your side.
Another day of strong flywheeling. We sold another 2 NodeMonkes including this rabbit one for 0.065 BTC and bought back and burned ~3.1 million $NODESTR.
We have now bought back and burned 31.48% of the entire supply!
Another day of strong flywheeling. We sold another 2 NodeMonkes including this rabbit one for 0.065 BTC and bought back and burned ~3.1 million $NODESTR.
We have now bought back and burned 31.48% of the entire supply!
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This rainbow NodeMonke sold last night and we used the funds to buy back and burn 1.53 million $NODESTR! Flywheel has resumed, spinning faster --> stay tuned.
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Big day in NodeMonkes land, with momentum from the recent Alien sale, one of our Monkes sold for 0.0284 BTC and we bought back and burned 1.37 Million $NODESTR!
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NodeStrategy retweeted
Really excited to have just acquired @nodemonkes Alien #8806 from OG collector @CrownJewel369 to show my support to the Ordinals community. Special shout out to @lifofifo and the @ord_net platform, as the buying experience was very smooth for my first time buying a Bitcoin NFT !
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