Sell Me This Pen (SMPEN) White Paper 1. Introduction Sell Me This Pen (SMPEN) is a meme coin project built on the Solana blockchain. The purpose of SMPEN is to create a fun and engaging community-driven project that allows people to participate in the meme culture while potentially benefiting financially. 2. Problem Statement In today’s fast-paced world, many individuals are constantly stressed about financial problems. SMPEN aims to provide a light-hearted and entertaining way for people to spend their money and become part of a vibrant and supportive community. 3. Project Overview SMPEN operates on the Solana blockchain, utilizing its speed and low transaction costs. The project is currently available on decentralized platforms such as DexScreener and DexTools, with future plans to be listed on CoinGecko and to penetrate centralized exchanges (CEX). 4. Vision and Goals Our primary goal is to develop and sustain a meme-based project that resonates with people and fosters a strong community. We aim to: Launch a two-phase NFT collection. Expand our presence on major crypto platforms and exchanges. Ensure long-term engagement and project activity for at least the next five years. 5. NFT Collection We plan to release our NFT collection in two phases: Phase 1: Consisting of 100 NFTs categorized as follows: 10 Diamond 20 Legendary 30 Epic 50 Rare Phase 2: Consisting of 1000 NFTs categorized as follows: 200 Uncommon 800 Common 6. Tokenomics The token distribution for SMPEN is straightforward: 80% of the tokens are allocated to the users. 20% are reserved for the project team, to be used for project development and occasional airdrops. 7. Team While specific team members are not disclosed in this white paper, our team is composed of dedicated and experienced professionals committed to the success of SMPEN. 8. Roadmap Our roadmap outlines our key milestones: Q3 2024: Listing on CoinGecko by July. Q3 2024: Launch of the first phase of the NFT collection by the end of August. Q4 2024: Launch of the second phase of the NFT collection by the end of November. 2024-2025: Listing on various centralized exchanges. We are committed to updating our community with new plans and milestones as the project progresses. 9. Legal and Regulatory Aspects We are committed to complying with all relevant regulations and legal requirements to ensure the sustainability and legality of the SMPEN project.