STATUS REPORT: Purple Pills minted to-date 154/1000

The current token strategy is a 1 billion total supply with 0/0 tax structure. 

It’s important for us to reiterate that we deeply value group consensus and would like for the Purple Pill holders to help guide the project forward through each phase of development.

Our mission is to $PurplePill the masses and onboard the next wave of users to the DegenChain network

https://twitter.com/PurplePillDegen

Voting will be conducted on chain. One Purple Pill “PFP” NFT will equal one vote. Each proposal will require a simple majority of 51% approval.

As for the PFPs, the design team has transitioned from a 2D to a 3D nft collection. This is a significant development and will provide more function, usability and entertainment for the holder base. Ten unique pill personalities each with distinctive moods and temperaments. Sneak peaks are coming soon.

TL/DR: Purple Pill holders will receive a bag of $PURPLEPILL tokens for trading on the Degen Chain + a custom Pill PFP needed for treasury votes ☑️

As for the Treasury, it will standalone and be protected by a Gnosis multi-signature wallet with a 3/4 authorization threshold for each transaction. 

Treasury funds may be used for various proposals and initiatives focused on profit and revenue.