DopePaper

About DopeHeadz

Supply: 2420

Mint Price: 1.5 SOL

Description: DopeHeadz are a collection of dopamine fueled individuals that are trippin’ on the Solana Blockchain

DopeHeadz’s Addiction: $PILLZ

The DopeHeadz are a group of people that are continuously euphoric. They’re addicted to $PILLZ to the point that their lives rely on it. Dopeheadz tend to get restless, insane, and finally lose their worth in the absence of $PILLZ.

$PILLZ strives to provide a plethora of utilities, one of which is to mutate your DopeHead into a species that no longer requires $PILLZ to thrive.

$PILLZ Tokenomics

Total $PILLZ : 4,200,000 capped supply (all minted at once)

Supply Distribution:-

★ Staking will contribute to 75% of supply = 3,360,000 $PILLZ

★ Liquidity Pool will have 5% of total supply = 210,000 $PILLZ

★ Team will hold 10% of supply (6 months vesting period) = 420,000 $PILLZ

★ Project Reserves will have 10% of total supply = 420,000 $PILLZ

DopeHeadz aims to provide every DopeHead holder 10 $PILLZ every day initially.
After which a Rarity based v2 Staking will be introduced which will give out 11 to 28 $PILLZ to the holders based on the attribute rarity

The maximum quantity of $PILLZ that will be given to holders each day is 2420 x (11 to 28) $PILLZ, totalling 26620 to 67760 $PILLZ.

Regardless of the token’s inflation or deflation, the price of 1$PILLZ for all utilities will always remain 1$PILLZ.

Raffles and Sweeps

DopeHeadz team will be sweeping the floor every once in a while to enhance the Floor Price.

Exclusive NFTs of other big projects and DopeHeadz will be raffled out to the Community, the holders can buy in the raffle by purchasing tickets via $PILLZ.

Forbidden Budz

Once we have settled in and got rid of paper hands, the holders will be rewarded with Forbidden Budz(FBUD) which will $PILLZ booster for them.

These Forbidden Budz can be staked and it’ll give you additional 4 $PILLZ per day along with your previously Staked DopeHeadz! This will ensure that you have an adequate $PILLZ supply when we progress further in the Roadmap!

$PILLZ’s Utility: DopePillz

Staking their NFT will earn DopeHeadz holders 11 to 28 $PILLZ every day. After launch of v2 staking and when the $PILLZ have been circulated well among the community, holders will be able to mint a DopePillz NFT at the following price:

250 $PILLZ

• When 50% of the DopePillz are sold out, the price of the DopePillz will be raised by 50 $PILLZ, making the price 300 $PILLZ for 1 DopePillz. As a result, holders will need to keep their DopeHeadz staked for additional days in order to earn sufficient $PILLZ to mint a DopePillz.
• Similarly when 75% of the DopePillz are sold out, the price of the DopePillz will be raised again by 100 $PILLZ , making the price 400 $PILLZ for 1 DopePillz. As a result, holders will need to keep their DopeHeadz staked for even more additional days in order to earn sufficient $PILLZ to mint a DopePillz.
• DopePillz are divided into two types: The Blue Pill and The Red Pill, which will not be revealed at the time of minting; holders will have to wait to find out which pill they’ve received.
• Blue Pills are unique since they feature anti-addictive and recuperation capabilities that can assist DopeHeadz overcome their $PILLZ intoxication problems.
• Hence, only 40% of the DopePillz collection will be Blue Pills, with the remainder 60% being Red Pills, that are nothing but stronger $PILLZ that ensure the DopeHeadz never break out of their $PILLZ abuse.

The $PILLZ used by holders to mint DopePillz will be used in the following manner:

1. 40% of the $PILLZ collected is burnt, making the token deflationary, and scarcity only enhances its value over time.

2. 20% of $PILLZ will be returned to the Staking Pool.

3. Project Reserves get 5% of $PILLZ, which will be increased to 10% after 12 months.

4. After 12 months, 5% of $PILLZ will be airdropped directly to unlisted holders, with the percentage increasing to 10%. This gives even another compelling reason for investors to remain invested.

5. The DopeHeadz Team receives 20% of $PILLZ, which will be reduced to 10% after 12 months.

DopeHeadz Rehab

Holders of both the DopeHeadz and the DopePillz can use the minted DopePill to send their DopeHeadz into rehab. Holders will be confined into rehab for 420 hours.

Rehab will be a special application developed by the DopeHeadz Team on the website where users would be able to connect their wallet and lock both their DopeHead and DopePill.

If the DopePill turns out to be a blue pill, the DopeHead and DopePills will be mutated into a new race of Mutants who are no longer enslaved to $PILLZ and therefore live a much happier life, since they’ll be more efficient and motivated for they are now finally free of all their addictions.

The Mutants will have their own distinct art style. The old DopeHeadz and DopePill will be burnt, and a new mutant will be airdropped to the holder’s wallet, representing this new and improved mutant of DopeHeadz, complete with refreshed visuals.

The staking return for these mutants will increase to twice what it was previously, amounting to 22 to 56 $PILLZ every day.

If the DopePill turns out to be a red pill, the user receives nothing and his DopeHeadz are returned to him after 420 hours. In both circumstances, the DopePill is consumed by the DopeHead.

Liquidity Pool Setup

Once the project is operational and we have holders of our NFTs and $PILLZ tokens, we will reward them by incorporating a Liquidity Pool to the $PILLZ token, allowing them to trade and liquidate their $PILLZ for $SOL. $PILLZ will be listed on top tier exchanges such as Raydium as well as others for the same.

To be continued…

The DopeHeadz team will continue to contribute to the growth and development of the token price, by increasing its demand for the $PILLZ through the launch of unique and innovative utilities in the future.