Lesson

Comprehensive Overview of Tokens:
- Purple’s ecosystem is built around three core tokens: PURPLE, BLUX, and SOL (SOL is not a token, but similar), each with a distinct role and purpose.

See the latest market cap of PURPLE and BLUX

PURPLE Token Dynamics:
- PURPLE is the primary reward token within the ecosystem, scarce and valuable.
- It’s designed to be earned through content creation, community engagement, and significant contributions to the platform.
- The supply of PURPLE is limited, enhancing its value and desirability.
BLUX Token Utility:
- 1 BLUX = 1 UP
- BLUX is the only way to have a lot of liquid UPs to use at any time
- When a creator gets a Sol UP, they earn one BLUX
- Unlike PURPLE, BLUX has an abundant supply, it’s minted by Sol Ups and is (usualy) burnt when used to UP.
SOL Distribution and Use:
- SOL was originally planned as a regular token, but now is internal to the smart contracts, saving on-chain resources
- SOL is claimed daily, max 288 SOL per person, encouraging daily participation.
- It’s used to ‘shine a light’ on content, supporting creators and promoting content visibility.
- The regular distribution of SOL ensures a constant flow of engagement and interaction within the ecosystem.