It feels like collectibles are becoming programmable inventor: onchain settlement + instant liquidity (via tokens, sell-back option using gacha mechanisms, or using a v4 hook protocol sweep) Doing a round up of collectibles/NFT meta onchain and there is a common theme around it - where the main collectible/NFT stays scarce yet this time its different from the 2021 season where innovations now give rise to a token pairing that makes it somewhat liquid, and a mechanism (either tax, gacha, sweep) that gives people something to do besides just holding it Examples: • Mechanism tokens around blue-chip NFTs: @token_works turned CryptoPunks into a flywheel with PunkStrategy: trade the coin, tax buys floor Punks, relists ~20% higher, sales burn the token • TokenStrategy generalized that to any collection (latest example is with CreditStrategy for @jackbutcher’s collection) • Fake World Assets ($FWA) is the TokenWork's NFT gacha pool where users can deposit an NFT + ETH collateral, others spin for a random pull • Legacy PFPs like CryptoPunks also making a comeback, what are its use case? Digital provenance? Aspirational items for HNWIs to flex as we spend most of our lives in the digital world anyway? • Tokenized trading cards + gacha. This is the biggest breakthrough in terms of collectibles. Projects like @Collector_Crypt, @Courtyard_io, and @PlayKamiApp put real graded cards onchain: rip a pack, get a vaulted slab as a token, sell back or ship • Non-card physical collectibles using the same pack/RWA pattern. @ripcarsio (Hot Wheels gacha) and @JurassicFi (tokenized dinosaur bones - did @Polychain founder @zxocw just ape this onchain though LOL) • zkSNARKs / ZEC NFTs: shielded identity” collection sold as the CryptoPunks of Zcash • NFTs as seats in a company, $IMD (@surfcoderepeat's new project): A peer-to-peer network of AI agents using Identity.md NFTs. Each NFT is one seat in the company, lets holder run a worker (Claude or Codex) that takes jobs from the network - answering oracle questions, writing contracts, reviewing other agents’ work. The token is the money layer. The NFT is the labor. Scattered brain thoughts: • Onchain collectibles allow people to store status that outsiders/normies already understand (Punks, PSA 10 cards) • Absorb crypto-native flow • Recycle speculation into the object (sweeps, buybacks, burns, royalties, agent fees) • Give a loop so that the NFT/collectibles are productive and can be used for other activities