Have gotten many questions on the difference between
$CREDITSTR and
$JACKSTR so will answer here!
===
How CREDITSTR Works: Pros and Cons
@token_works and
@Rhynotic has made an absolutely awesome mechanic to buy back
@jackbutcher Credit NFTs with over $1+ mil in total/incoming buy pressure!!
Freaking amazing-however, from ROI perspective of someone new coming in, it's not optimal
Based on its mechanism of innately encouraging holders to sell on the way up and current marketcap of 1 mil-
it's ROI potential is realistically 3-10x from here to 3-10 mil marketcap. It's currently the 3rd ranked sitting below
@ChimpersHQ at 1.5 mil marketcap while
@cryptopunks is at 15 mil marketcap
nftstrategy.fun/
The real ones who truly benefit are the
$PUNKSTR holders where fees reroute to buying back that token. However to be frank, many of them are deeply underwater with entries at 30-60 mil marketcap. This is why they're pushing so hard.
nftstrategy.fun/strategies/0β¦
This is also a mechanism driven thesis based on purely numbers: this means it appeals most to degen ETH NFT whales and some investment whales.
It also relies purely on volume driving mechanisms by constantly relisting NFTs 20% higher and not necessarily profit maximization (ex selling into more hyped periods).
Without culture or a true meme, there is no appeal for other web3 participants, Web2 retail, and other FOMO inducing moments (ex. going viral on copy trading apps like
@fomo /
@Pumpfun consistently).
====
How JACKOFF Works: Pros and Cons
$JACKOFF on the other hand is wayy smaller at $6.5k marketcap and is on
@RobinhoodCrypto (
@ponsdotfamily launchpad)
This means it may not appeal to people who don't like micro caps, absurd meme name, etc. And whales can barely buy ~1-5% without it looking too suspicious or flagged on chain.
However, from maximum reward:risk ratio, it greatly far succeeds CREDITSTR.
Meme coins like deez can easily run 100x short term within weeks (650k marketcap) to 10000x during bigger euphoric bull market within a few years (65 mil marketcap).
Furthermore, 100% of fees goes towards buying back
@jackbutcher Credit NFTs and holding them until things are more clearly hyped in the coming months before slowly swapping them for
@SpaceX stock tokens to emit to holders.
This means there will be less sell pressure instead of constantly listing them for 20% higher. Thus JACKOFF is price driven of the token itself instead of volume focused like CREDITSTR to pump PUNKSTR primarily.
The name JACKOFF can easily go viral at any moment if a big creator, streamer, or celebrity finds and shares it across any platform.
Even if someone sells
$JACKOFF for a 10x+, their fees generated will accumulate more
$SPCX for the holders in the end
Thus, JACKOFF holders maximize their rewards both short, medium, and long term with more 'risk'.
====
So What To Buy?
NFA and DYOR but here are some options:
1. Just Buy the Credit NFTs Directly and Hodl:
opensea.io/collection/creditβ¦
Want maximum ownership without a token? Snag as many as you can before they explode!
2. Get CREDITSTR and PUNKSTR with Size:
nftstrategy.fun/strategies/0β¦
Want moderate ROI with less volatility and 'safer' risk? Snag some above!
3. Get JACKOFF For Extreme Reward-Risk Ratio:
ponsfamily.com/launchpad/0x5β¦
Want to be apart of a fresh meme movement and potential maximum upside? come
$JACKOFF with us!
CA: 0x5458B19214CaBa7eBbD550D1514a674c3BbFe2B1
Or better yet, snag all 3 to get exposure to all!!!
===
Cheers on the epic growth and start of the community so far and can't wait to keep cooking with y'all.
I hope Credit NFTs, Jack Butcher's other NFTs, CREDITSTR, PUNKSTR, JACKOFF, and anyone else supporting it does well and has a good time this cycle
Hope y'all have a great weekend!