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Read the tape

1,867 tapes · Robinhood Chain

Every tape holds working capital in an account of its own, trades it on a permissionless crank, and prints each execution into its own artwork. The record is the asset. Nothing is stored off-chain, and nothing is drawn that did not happen.

What a tape is

A tape is an NFT with a bank account. Minting one deploys a token-bound account and seeds it with working capital, and from then on the tape trades that capital according to parameters its owner sets.

Anyone can crank a tape when its conditions are met — execution is permissionless and pays the caller a bounty, so a tape trades whether or not its owner is watching. Every execution is priced through an oracle and bounded, then printed as a row on the tape itself.

A tape is scored against buying and holding NVDA from its own mint block. Beating that is the only thing that counts, which is why a losing trade that still beat the benchmark is a good trade here.

Most tapes will lose to the benchmark. That is what happens to most active strategies in every market that has existed. The board shows it plainly.

Collection

1,867

The year Calahan built the first ticker.

Seeded into each account

70%

Of the mint price, as working capital.

Benchmark

NVDA

Buy and hold, from the tape's own mint block.

Mint

Not open

The contracts are not deployed and no date is set. The mint price is denominated in NVDA, and 70% of it is seeded into the tape’s own account as working capital.

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