Pills as a way to distribute value
Pill holders will have the opportunity to choose what to do with their pill: receive a token bag or hand-drawn PFP NFT. The rarity of the pill determines the possible NFT traits or size of the token bag โ depending on the userโs choice.
The first 500 pills can be opened exclusively by Prescription NFT holders, then the choice will open for everyone else. Users who choose PFP will have the opportunity to receive unrevealed NFT from the new PFP collection in the next couple of days (with reveal coming later in May), while the opportunity to receive tokens from the pill will appear only after token launch (date is TBA).
Features of distribution
NFT โ The first 500 pills turned into PFPs receive a boost to the traits rarity. This boost applies on top of the rarity of the opened pill.
Tokens โ A certain percentage of token supply is allocated specifically for the rewards for opening pills. Every time someone chooses NFT instead of a token, there are fewer potential applicants for the pool of tokens, which means the rewards for token bags increase. Long story short โ more people choose PFP = more tokens per pill for the rest.
Pills traits
Presale Opportunity
On the day of onchain coin presale, users will have the opportunity to get a presale spot. There will be 3 phases of 200 spots in total available for holders and public. All phases will have the same token size and price. A separate presale round for backers takes place 1 day before the official presale date. Presale for backers doesn't differ in terms of max buy and token-per-eth ratio. The Presale date is to be announced.
Phase 1: Lottery, 200 spots
The winners of the presale lottery take part in this phase. Each lottery winner gets a guaranteed spot. The results of the lottery is announced 1 hour before the start of Phase 1. Several spots per winner is possible, since some participants hold a lot of lottery tickets.
Phase 2. FCFS for NFT holders, 200 spots
Users who have Pill or Prescription NFTs will have opportunity to buy presale in FCFS basis. Users who participated in Phase 1 (Lottery winners), will not be eligible for Phase 2.
Phase 3. Public FCFS, 200 spots
Everyone who did not buy in previous phases will have the opportunity to buy one spot in this phase
Presale Lottery is prolonged
Onchain Pill and Prescription holders are eligible for the Presale lottery, which you can enter via our frame on Farcaster. The lottery allocates 200 guaranteed spots for the winners.
You can safely add NFTs to your Farcaster wallet until snapshot to participate. Snapshot takes place 1h before presale. If you sell NFTs before snapshot, you'll be disqualified.
The frame reads multiple LINKED wallets (not custody wallet that was automatically created when you first created Facraster account).
You can't change connected wallets after click, so make sure you have the NFTs on the exact same wallet(s) that was(were) linked to your Farcaster account at the moment of your first click on the lottery frame.
Points can accumulate, so the more NFTs you hold in a wallet connected to Farcaster โ the more chances you have. Since the lottery is entirely random and chooses 200 random tickets from a pool of total tickets, some users with large holdings of pills may secure more than one spot in theory.
Tickets per NFT
Purple Pill โ 1 ticket
Rainbow Pill โ 1.5 tikets
Genetic Pill โ 2 tickets
Radio Pill โ 4 tickets
Red Pill โ 10 tickets
Prescription โ 5 tickets
Example: if you hold 2 purple pills and 1 Prescription, you total amount of lottery tickets is 1+1+5=7
__________________________________________________
Follow onchain coin on Farcaster, Twitter and Telegram to stay tuned. We still have so much to uncover. The future is onchain!
Over 400 subscribers
Lama Boo
You are complete scum, you paid the community $ 1-4 each, which you can't even pick up! Burn you bitches in hell
https://t.me/ZARGatesBot/?start=1891280902
Want
How to get?
So I just burned a rainbow pill just to find out the secondary pills were 0.14 eth and the secondary pfps are 0.08 eth so I lost out on 0.06 eth. Well no problem for the pill burn!
Wens the reveal? Very difficult to get a response from this team . Any idea?
This is the roadmap Details https://paragraph.xyz/@lama/onchain-pills
Thanks. So the raffle will be one hour before the presale. Then as holders we can buy or skip and wait for the air drop (assuming we didnโt flip our pill to a pfp) Whatโs your take on the NFTs and their price drop? Do you think itโs a momentum thing? Also 1.5m users on the onchain game ?
Just got done reading this https://paragraph.xyz/@lama/onchain-pills by @lamaboo.eth squadโ๏ธ A rising tide lifts all ships๐ 1g
@jahkay
thank you bro! Cracking it open right now!!!!
How arr you doing today dan?
gm otti!! just still waking up hosted a /farhouse for a couple hours
๐๐๐๐ฅ๐ฅ
Yoo Iโm so gassed with the pfp
whos the artist?!
Got #18 Red
hamn! thats low!๐ค
Good luck ๐บ๐๐บ๐๐บ๐
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Onchain pill 4์ 20์ผ PFP or Token presale ์ ํ๋ผ์ด๋ ์ถ์ฒ : https://paragraph.xyz/@lama/onchain-pills?referrer=0x42b3fc1e3e9766f719344a79349b1aec05cc129d ์ด์ด์
PFP NFT ๊ฐ๋จ ์ ๋ฆฌ 1. Onchain PFP๋ฅผ 4์ 20์ผ๋ ์ ํํ ์ ์๋ ๋ผ์ด๋๊ฐ ์ด๋ฆผ 2. ์ฒ๋ฐฉ์ NFT ํ๋๋ฅผ ์ฐ์ ์ ์ผ๋ก 500๊ฐ ์์ฝ์ ๊ฐ๋ดํ ์ ์์ ์ด "500๊ฐ์ opening pills" 2-1. ์๋ก์ด PFP ์ปฌ๋ ์ ์ ์ป์์ ์์ 2-2. ํ ํฐ ๋ฐฑ(ํ ํฐ)์ ์ป์ ์ ์๋ ํ ๋น๋๋ฐฐ์
โยป ์ฆ PFP ์ปฌ๋ ์ ์ ๋ง์ด ๋ฏผํ ํ๋ฉด ํ ํฐ๋ฐฑํ์ด ์๋์ ์ผ๋ก ์ ์ ์์ ์ฌ๋์๊ฒ ๋์๊ฐ๋ฉด์ ์ด๋์.
์ฒ๋ฐฉ์ & ์์ฝ NFT ํ๋๋ค์ ํ๋ฆฌ์ธ์ผ ๋ณต๊ถ ์ด 3๋ผ์ด๋ ์งํ 1. 200๋ช ์ฌ์ ํ๋งค ๋ณต๊ถ https://t.me/magonia_B/1972 2. NFT ๋ณด์ ์๋ฅผ ์ํ FCFS 200์๋ฆฌ ์์ฝ & ์ฒ๋ฐฉ์ NFT ๋ณด์ ํ ์ฌ๋๋ค FCFS ๊ฒฝ์๋ฏผํ ๊ธฐํ 3. ํผ๋ธ๋ง FCFS 200์๋ฆฌ
๋ฏธ๋ฆฌ ๊ฐ๋คํ์ ๋.. ํํํ ๊น ์ํ ๊น
1000 $degen ๊น์น์์ฅ๋ ์ค๋ฆฌ์ ๊ฐ์ฌํฉ๋๋ค ๋์ ์์ธ ใ ใทใท
๐๐๐๐
ํํ ์์ฝ๊ฐ๊ณ ์ํผ
์ ๋ ๊ตฌ๊ฒฝ๋ผ์ด๋๋ฐ์ ์๋จ๋ค์.. ์๊ฐ์ด ์ง๋์ ๊ทธ๋ฐ๊ฑธ๊น์..
1๏ธโฃ The lottery has been extended, the snapshot will take place 1 hour before the start of the presale. There will be no snapshot on April 16. 2๏ธโฃ The first choice has been moved to April 20, on this day you will be able to burn the pill and get unrevealed PFP of an onchainer
Is there really a one hour window for the presale and you aren't even telling people when its going to be?
10000 $DEGEN
Whacky wild stuff
ok sir
โ๏ธโ๏ธ
i mean why so little time between the lottery and presale? Ppl can't be here 24/7! Put set times and give enough notice please!
Burn the pill or go for the tokens? Dude we may need an ama for this. To dumb it down a little
https://paragraph.xyz/@lama/onchain-pills?referrer=0x42b3fc1e3e9766f719344a79349b1aec05cc129d dude read it please
How does the onchain score tie into this?
Ok. First 500 pill choices are for prescription pass holders via phase 1.2.3? The document describe a total of 600 spots meaning pill only hodlers can make a choice for the remaining 100 available ? Correct ?
What will be application of PFP?
I just subscribed to @lamaboo.eth on /paragraph! Check it out:
Lotteryใฎในใใทใงใฏใใฌใปใผใซใฎ1ๆ้ๅใพใงๅปถ้ทใ ใงใใฎใงใใใใพใงใฏNFTใๅฃฒใใชใใใใซใจใฎใใจใงใ ่ฉณ็ดฐใซใคใใฆใฏไธ่จใฎ่จไบใ่ชญใใงใฟใฆไธใใใ https://paragraph.xyz/@lama/onchain-pills?referrer=0x42b3fc1e3e9766f719344a79349b1aec05cc129d
wowow 300 $DEGEN ๐ธ
I just collected Based and Purplepilled on Paragraph.
thanks for sharing it ninja๐ฅท 100 $degen
Based and Purplepilled. Details on pills role in onchain value distribution.
Minted your post!
https://opensea.io/assets/base/0xcaa4f5ebdc1f6102c8dd80a28012904327c2e956/5
was informed ๐ซก
All I think about is popping pills 200 $degen
Frank unsolicited feedback: itโs way too complicated for me to keep track Even after asking chatGPT to summarize, itโs too complicated. My degen ape brain needs less than 2 choices.
The game theoretical incentive to choose an NFT compared to a token bag does not make a whole lot of sense to me tbh. It almost feels like picking the NFT is a sacrifice for others to pick the token. Maybe I misunderstood tho. Curious to hear more about the rationale here.
The nfts will be very limited and therefore probably also more valuable if most people think like you when making their decision. Makes u wonder how many will be minted.
There is rewards for nft holders and could be airdrop later .as i understood it
If you choose the NFT you get faster gratification as those who go for the token have to wait for (tba)
Everyone has to wait in this case. The entire thing is so vague. NFT -> Presale = Some future date and amount. NFT -> PFP = Some future reveal date. Still not convinced this is all anything other than a ruse to pump up secondary sale creator royalties, but I'd be happy to be mistaken about a scam for once ๐
Yeah all fair TVM do be a thing. But anyhow to each their own I guess.
Also some folks value pfpโs over tokens
Wow. Sounds interesting
Rad
Based and onchain. I have two pills, so I will at the very least participate in both. Excited to watch it unfold.
โ๏ธโ๏ธ
why i can't mint?