White Paper: The Pulse Abides - Revolutionizing Token Distribution and Liquidity on Pulsechain
Abstract: The Pulse Abides (TPA) is a groundbreaking cryptocurrency token built on the Pulsechain network, launched on May 17th, 2023. TPA aims to foster a vibrant and inclusive community by utilizing an innovative distribution model centered around a YouTube channel and leveraging ad revenue for daily airdrops and buy-and-burn mechanisms. This white paper outlines the key features, tokenomics, and benefits of TPA, showcasing its potential to create liquidity, widespread token ownership, and price stability.
1. Introduction: The Pulse Abides (TPA) is an PulseChain-based PRC-20 cryptocurrency token designed to disrupt the conventional approach to token distribution and liquidity. TPA leverages the power of a YouTube channel, named "The Pulse Abides," to create an engaged community and drive ad revenue. This revenue is then utilized to support daily airdrops and sustain the buy-and-burn mechanism on the PulseX DEX.
2. Token Distribution: To ensure widespread ownership and participation, TPA held a sacrificial event prior to its launch. Over 350 addresses contributed to the sacrifice, demonstrating their support for a free and open press. The total token supply of TPA is fixed at 963,963,963,963 tokens, with a circulating supply of 300,000,000 tokens on launch. This distribution strategy guarantees a broad and diverse community of token holders.
3. The Pulse Abides YouTube Channel: The Pulse Abides YouTube channel, accessible at www.youtube.com/thepulseabides, plays a central role in the TPA ecosystem. Subscribers to the channel have the opportunity to receive daily airdrops of TPA by leaving their wallet address in the comment section. The ad revenue generated from the channel is utilized to finance the airdrops and support token buy-and-burn activities.
4. Daily Airdrops and Buy-and-Burn Mechanism: The TPA token employs a unique approach to generate liquidity and value. Each day, users who subscribe to The Pulse Abides YouTube channel and leave their wallet address in the comment section become eligible for a daily airdrop of TPA tokens. The YouTube ad revenue received is allocated to finance these airdrops.
Furthermore, the same ad revenue is utilized to execute buy-and-burn operations on the PulseX DEX. In a 50/50 ratio, the revenue is split to buy TPA tokens from the market and subsequently burn them, reducing the overall token supply and potentially increasing token value.
5. Benefits and Advantages: The distribution model of TPA presents numerous benefits and advantages:
a. Wide Distribution of Holders: By utilizing the YouTube channel's viewership, TPA achieves a broad distribution of token holders, enhancing decentralization and community engagement.
b. Price Stability: The buy-and-burn mechanism contributes to price stability by reducing the token supply, potentially creating a positive impact on the token's value over time.
c. Liquidity Enhancement: The buy-and-burn operations on the PulseX DEX provide increased liquidity for TPA, allowing for seamless trading and improved market efficiency.
d. Community Building: The Pulse Abides YouTube channel, in combination with the airdrop system, fosters a vibrant and engaged community around TPA, promoting long-term growth and sustainability.
6. Conclusion: The Pulse Abides (TPA) introduces an innovative and effective model for token distribution, liquidity creation, and community building. Leveraging the power of a YouTube channel and the ad revenue it generates, TPA provides daily airdrops to subscribers while executing buy-and-burn operations to support token value. This simple yet powerful approach ensures broad ownership, price stability, and an active ecosystem for TPA on the Pulsechain network.
With a total token supply of 963,963,963,963 and an initial circulating supply of 300,000,000, TPA achieves a wide distribution of tokens among participants who took part in the sacrificial event. This inclusive approach fosters a sense of community ownership and encourages participation from a diverse range of individuals.
The Pulse Abides YouTube channel serves as the epicenter of the TPA ecosystem. Subscribers to the channel not only gain access to valuable content but also have the opportunity to receive daily airdrops of TPA tokens. By leaving their wallet addresses in the comment section, users can actively participate in the token distribution process and receive tokens directly into their wallets on a regular basis.
The ad revenue generated from the YouTube channel plays a vital role in sustaining the airdrop system and supporting the overall token economy. This revenue is utilized to finance the daily airdrops, ensuring a constant flow of tokens to the community. Simultaneously, a portion of the revenue is allocated to executing buy-and-burn operations on the PulseX DEX.
The buy-and-burn mechanism creates a positive feedback loop for TPA. As the YouTube channel generates ad revenue, a portion of it is used to buy TPA tokens from the market. These purchased tokens are then permanently removed from circulation through burning, effectively reducing the total token supply. This reduction in supply has the potential to increase the value of the remaining tokens, benefiting existing holders.
By integrating these mechanisms, TPA establishes a self-sustaining ecosystem that incentivizes community engagement, rewards subscribers, and creates a liquidity-driven market. The community-driven approach, coupled with the continuous buy-and-burn activities, contributes to price stability and fosters a healthy trading environment on the PulseX DEX.
The Pulse Abides (TPA) token and its associated distribution model provide a unique opportunity for individuals to actively participate in the cryptocurrency ecosystem. By subscribing to The Pulse Abides YouTube channel and leaving their wallet addresses in the comment section, users can receive daily airdrops of TPA tokens, benefiting from the revenue generated by the channel's ad views. With a focus on community, inclusivity, and liquidity, TPA aims to create a sustainable and thriving ecosystem on the Pulsechain network.