NakamotoStrategy (NAKASTR)

NakamotoStrategy (NAKASTR) is a unique cryptocurrency designed to function as a perpetual machine for managing NFT collections. The protocol leverages automated trading strategies to efficiently buy and list floor NFTs, with the aim of generating profit through trading fees associated with the token. This innovative approach allows participants to turn any chosen NFT collection into a continuously operating asset, providing opportunities for traders seeking to optimize their investments in the dynamic NFT market.

The underlying mechanics of NakamotoStrategy include a fully decentralized and on-chain system that automates market orders, ensuring that bids are executed without reliance on oracles or counterparty risk. The protocol features built-in mechanisms for fee collection, which includes the distribution of 1% of trading volume directly to the owners of the NFT collections. This system not only supports the original creators but also fosters an environment conducive to the continued growth and vitality of the digital art marketplace.