(cXc)'s Creator Rewards Token 🎸 Info on 🟣 $PURPLE ~ April 17, 2021 Noon GMT 📅
Tags: tokenomics, release, purple, alcor
Published: 2021-04-17 02:46:28

$PURPLE's unique tokenomic model rewards creators daily for co-creating on cXc.world (receiving Ups), whilst directing traffic to streams on paying services.  

[Learn more about PURPLE](https://github.com/currentxchange/purple-explainer/blob/master/Purple.md) 


![Alt Text](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/5cq98p1mfi3h4roehy2t.png)

PURPLE's initial release starts **April 17, 2021** on [Alcor](https://wax.alcor.exchange/trade/purple-purplepurple_wax-eosio.token)

Because of the very limited supply of PURPLE, ascending pricing + time-limited sell orders will be used to ensure that everyone has a chance to acquire the PURPLE they need to benefit fully from cXc.world. There are no per-account limits on purchases.  


# PURPLE Utility: Digital Advertising Gold
> What can you do with PURPLE?

**PURPLE** can be staked for daily Blu Ups (or [BLUX](https://wax.alcor.exchange/trade/blux-bluxbluxblux_wax-eosio.token)) to a piece of content; a rare form of digital advertising purchase that allows someone to buy once and hold **continual attention** for all of time. This attention means huge value, particularly to independent creators and creative organizations such as independent labels and artist collectives.

Furthermore, **PURPLE** need only be [unstaked](https://github.com/currentxchange/purple-explainer/blob/master/Everstones.md) for the holder to receive back the same amount of tokens. This means an artist can advertise their art and meanwhile hold something of increasing utility as each future cXc.world mapp is released, and future uses of PURPLE are announced.  

## Today Musicians, Tomorrow All Creators
PURPLE has a unique utility for musicians, as **cXc Music** is the first [**cXc.world**](https://cxc.world) mapp, but this utility will expand to all creators and creative collectives when **cXc Video**, **cXc Photo**, **cXc Scribe**, **cXc Art** + more mapps are available.  

# Initial Sell Orders
Starting 4/17/2021, 1/12th of the 1/12 Max Supply designated for sale will be listed with pricing starting at **20 WAX** per PURPLE. 

These sell orders will be offered one at a time, with a one week gap between each listing starting after the previous listing's completion. 

> Tokens for Sale: 1/12 Max Supply or 12<sup>6</sup> (2,985,984), issued + offered 12<sup>5</sup> (248,832) at a time. Here's how we'll price the April 17th tokens.

| Price  | 🟣 PURPLE Available | 
| :----:  | :-------------------: |
|20 WAX | 3,190    (April 17, Noon GMT)|
|21 WAX | 6,380   (TBD)|
|22 WAX | 9,570   |
|23 WAX | 12,760   |
|24 WAX | 15,950   |
|25 WAX | 19,140   |
|26 WAX | 22,330   |
|27 WAX | 25,520   |
|28 WAX | 28,710   |
|29 WAX | 31,900   |
|33 WAX | 35,090   |
|36 WAX | 38,280   |


# Liquidity Promise
Of the first **1,000,000 WAX** raised by the direct listing of PURPLE, no less than **500,000 WAX** will serve as liquidity on Alcor exchange and DeFi swap.


# Proceeds
WAX earned will be used to pay for all end-user transactions on cXc.world, and also purchase RAM for our records and accounts who interact with our tokens, mapps, and NFTs.  

Remaining Proceeds from the listing will go towards development of cXc.world, including the final 1.0.0 release of cXc Music, native mobile apps, and the creation of other cXc.world [mapps](https://docs.google.com/document/d/1YppJ2EYumRI2j0UHYdZh7NJMObMI_NfHgaFRLbjgBtw/preview) like cXc Video, cXc Art, cXc Ideas, cXc Pueblo and more. Funds will also pay for all other cXc operational costs, employees, promotion, events, etc. cXc will publish a running list of expenses with corresponding transactions on Github.


cXc spending transactions are inherently transparent and can be tracked here: [dplug4purple](https://wax.bloks.io/account/dplug4purple) and here [currentxchng](https://wax.bloks.io/account/currentxchng).

# Requirements & Restrictions
 
Participating in the direct listing requires that you adhere and agree to the requirements, restrictions, terms and conditions laid out in [disclaimer.md](https://github.com/currentxchange/purple-explainer/blob/master/Legal/Disclaimer.md) and [legal-agreement.md](https://github.com/currentxchange/purple-explainer/blob/master/Legal/Legal-Agreement.md)




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## 💥 FIND OUT MORE ABOUT [cXc](https://cXc.world) 💥
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Current X Change is dedicated to harmonizing Humans, Collectives, and Gaia. Our media Mapps are just the start. As we refine Purple, we also seek to redefine what it means to come together as humans and co-create. We hope you'll enjoy the tools already here, and are infinitely stoked for what the future holds. 

## 🗺️ Experience [cXc.world 🌎](https://currentxchange.com/vision)

## 👁️ Step into our [vision](https://currentxchange.com/vision)

## 🎥  [Add Music to cXc.world](https://www.youtube.com/watch?v=7NCaG2ZPHOQ)

## 💸 Get to know our [Economy](https://github.com/currentxchange/purple-explainer)

 
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# Follow cXc on Social Media 📱🌎
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- [🖼️ Instagram](instagram.com/cxc.world)

- [🐦 Twitter](twitter.com/currentxchange)

- [📺 YouTube](youtube.com/channel/UCBjTUosp2R_FN6AFdHV-v-Q)

- [🐝 Hive](peakd.com/@currentxchange)

- **[🏘️ Hive Community](https://peakd.com/c/hive-179421)** 

- **[🔑 Discord Musician Community](https://discord.gg/4fhWgZ5R5s)** (Collab channels + more) 

- [🔺 Reddit](https://www.reddit.com/r/cXcMusic) 

- [✈️ Telegram](https://t.me/joinchat/RcfWf3iGr-XEl08B)

- [🌊 Wavvy Music Accolades](https://medium.com/wavvys) (NFT Music Awards)


## (cXc) [Roadmap 🛣️ ](https://github.com/currentxchange/purple-explainer/blob/master/Roadmap.md)