Abstract:
Taipan (TPN) is a cryptocurrency built on the Solana blockchain, designed to provide a secure and efficient means of exchange. TPN ensures scarcity and value preservation over time, instilling confidence in investors. This white paper outlines the key features, tokenomics, and distribution mechanisms of TPN.
Introduction:
Taipan (TPN) aims to address the need for a reliable and scalable cryptocurrency on the Solana blockchain. By leveraging Solana's high-speed and low-cost transaction capabilities, TPN offers users seamless transactions and an enhanced user experience. Empowering Financial Freedom on the Solana Blockchain.
A snapshot of all wallet addresses holding TPN taken every 3rd Thursday at 3:21 am (MST) of the month.
Airdrop Example:
Wallet balance of 100,000,000 TPN is 1% of the circulating supply.
Each airdrop totals:
338,000,000 TPN for distribution.
Multiply the percentage of circulating supply held in the wallet with the current distribution amount.
(.01 x 338,000,000=3,380,000 TPN)
That Wallet receives 3.38 Million TPN Per Airdrop. All airdrop distributions are rounded up, no decimal payouts.
All airdrops use the 10Billion Circulating Supply calculation, even though airdrops contribute to the circulation.
Sub Authority wallets receive airdrops.
Minimum TPN | Market Price |
---|---|
10,000,000 | $0.000001 or below |
1,000,000 | $0.00001 or below |
100,000 | $0.0001 or below |
10,000 | $0.001 or below |
10,000 is the minimum purchase quantity for TPN on Raydium.io
Due to the rapid fluctuations of cryptocurrency, the airdrop minimums requirement will be applied on:
AIRDROP PAYOUT DATE
NOT ON THE SNAPSHOT DATE
Example:
Market price: $0.000011
This price requires a minimum holding of 1,000,000 TPN to receive the AirDrop.
Basically the equivalent of $10 USD minimum requirement for airdrops.
2024 Snapshot Dates:
Taipan will distribute payouts to all TPN holders from the Airdrop wallet every 4th Thursday at 3:21 am (MST) of the month, for the remainder of the 2024 year.
(Excluding March 2024)
2024 Payout Dates:
Airdrop wallet: Holds all Taipan Token TPN for airdrop distribution.
Authority wallet: Minted the Taipan Token TPN. Primary DEX Liquidity provider.
DEV wallet aka developer wallet: Provides SOL from sales, for future marketing, airdrop fees, maintaining domain, and any other expenses associated with running the project.
Sub authority wallets are required to sustain the project, and provide liquidity for potential future DEX listings.
These wallets remain dormant with ZERO SOL BALANCE the remainder of 2024, while recieving the dividend benefit of the airdrops.
Approx. 10.5% of the Total Supply at launch of the Taipan Project.
Taipan (TPN) is focused on long-term success, offering a robust and efficient cryptocurrency solution on the Solana blockchain. With its scalability, security, and accessibility, TPN aims to become a preferred choice for users seeking fast, secure, and cost-effective transactions.
This white paper is for informational purposes only and does not constitute financial advice or a recommendation to buy, sell, or hold any cryptocurrency or asset. Investing in cryptocurrencies involves risk, including the risk of loss. Readers are encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions.