Strategy tokens don’t create sell pressure, they surface existing risk that’s already hidden behind illiquid floors. The “walls” aren’t new, they’ve been sitting invisible for years. PNKSTR just makes them transparent and tradeable, and that’s healthy for the ecosystem.
Floor prices have never really reflected what you could actually sell for, people valued their JPEGs off unsellable floors. Now, with Strategy tokens, that illusion gets corrected. The end state isn’t “more selling,” it’s better liquidity, dynamic price discovery, and eventually more confidence in NFT markets that behave like actual financial primitives.
NFTs have been bleeding for years. Volumes, confidence, and genuine innovation have all declined. NFT strategies might be the best chance we have to revive this space.