Ethereum strategy token IMDStrategy (IMDSTR) is an Ethereum strategy token tied to the identity.md NFT machine. IMDStrategy (IMDSTR) operates as a strategy token on Ethereum. It funds and manages a perpetual machine that acquires identity.md NFTs on OpenSea. Fees from trades support NFT purchases, relisting at higher prices, and burns of related tokens. NFT machine mechanics The token routes fees into buying and relisting NFTs while burning supply on sales. A portion of trading fees accumulates to purchase the cheapest available identity.md NFTs. Acquired NFTs are automatically relisted at 1.5 times the purchase price. Sales proceeds buy back and burn IMDSTR tokens, with additional fee splits bridging to IMD burns and the machine pot. IMD ecosystem link It forms part of the broader identity.md AI swarm project on multiple chains. IMDStrategy connects to the IMD ecosystem, which evolved from the earlier Fren Pet token. The project runs an AI agent network backed by identity.md NFTs. The token also trades on Robinhood Chain via LayerZero bridge with fee routing back to the core machine.

AI-written summary, not the project's own copy