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In Pup We Trust
whitepaper
We bring real life designer dogs to the blockchain to trace and verify their lineage by tokenizing the dogs, their family and their lives in the form of NFTs.
PupToken is a long-term hold, BSC Utility Token that was created to be used for finalising payment for the purchase of puppies and/or genetics on the block chain through smart contracts that mitigate the process of buying/selling, while creating a trusted system for transactions .
The American XL bully has become very popular in recent years amongst celebrities and dog lovers alike. Bred to be the perfect family companion dog, showcasing the most impressive and best qualities of various bulldogs and pitbull terriers.
Chanel, our fearless leader, loves the spotlight and attention almost as much as she loves chewing on her toys, but she won’t be a puppy forever! One day she will have a litter of puppies of her own that will all need good homes to go to.
Holders of PupToken earn additional tokens (for free!) whenever someone buys or sells the token as a reflective reward. Holders will also be given the opportunity to bid against each other for a chance to pre-order a puppy of their own and may be included in governance of the bloodlines. Holders are encouraged to stake in liquidity pools to earn additional profits as well, as it will take two years before our puppies will be available at auction. In return this creates stability and further longevity for PupToken. A lotto pool is another great defi option for holders who want to earn extra as well. As the popularity of the breed and Chanel herself continue to grow, as well as the genetics/generations to come, it will develop a demand and increased price for future puppies, creating even more value for long-term holders.
Donations: Anyone can donate directly to Chanel and her family or to a dog rescue charity of the communities choice. We will be giving our own personal feedback of said charity as well as our experience with them.
Tokenomics: Pup is a reflective token that has a 10% tax for every purchase or sale, 5% of which is provided to liquidity and 5% is rewarded amongst PupToken holders. From the total supply of tokens, 5% will be used for development, 1.5% allocated to the breeder, 2.5% for marketing, 2.5% for rewards and lottery, then 0.25% to our advisory. 50% of the entire supply of 1 trillion PupTokens were burned, bringing the remaining supply to 500 billion. The remaining tokens will be locked in a liquidity pair with BNB on Unicrypt with BNB initially provided out of the teams pockets as there is no pre-sale ICO or ILO. When liquidity is unlocked we will migrate an allocated amount to other exchanges, using a small percentage for a future marketing campaign, then lock the liquidity again on Unicrypt.
Click here for the liquidity lock contract link.
V2
(coming soon)
Disclaimer: Pup token is a utility token for purchases we are not financial advisors use risk management
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