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📣 PULI: Announcements 📣

📢 Welcome to the Puli Token Official Announcements Channel. 💬 Puli Token Community Chat: https://t.me/puli_inu

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Hi everyone, We will be renouncing the smart contract later today. We have also trimmed down on socials. Telegram will be the primary place for people to discuss $PULI.
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Dear Puli Community, I hope this letter finds you well. I am writing to formally tender my resignation from my position as the Chief Marketing Officer (CMO) at Puli Token, effective July 27th, 2023. I am grateful for the opportunity to have served as the CMO of Puli Token. During my time here, I have had the privilege of working with an exceptional team and being a part of this vibrant community of gaming enthusiasts. The experiences and knowledge I have gained will undoubtedly stay with me. I would like to express my sincere gratitude to you and the entire management team for your support, guidance, and trust throughout my tenure at Puli Token. It has been an invaluable experience, and I am truly thankful for the opportunities I have been given. Thank you once again for everything, and I wish all the best for Puli Token, hoping a full market reversal could still bring  prosperity and success in the future. Yours sincerely, Shane C
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Dear Puli Community, I'm writing to share some important updates about our project, as well as some personal changes on my end. On 27th July, XT.COM has scheduled to enable the withdrawal of our liquidity. This significant milestone will set the stage for us to burn tokens to bolster the floor price, reinforcing our commitment to supporting the value of Puli given the current circumstances. This action serves as reassurance that we aren't clutching onto a supply that could potentially be dumped as we recalibrate the direction of our project. Simultaneously, on the 27th of July, we will adjust the taxes to 0% and renounce the smart contract. As part of our continued commitment to trust and transparency, we want to ensure you that there is currently $63.85K in liquidity, and there will always be a market available with the LP locked for a century. Now, on a more personal note, I will be stepping down from my role as CEO on the 27th of July. This decision, although difficult, is necessary for me to devote adequate time to managing my own company, which I've unintentionally overlooked during the past year. Having embraced the good, the bad, and the ugly throughout our journey, I've come to understand that it is not the challenges we face, but how we respond to them, that truly defines us. I hope you have found my leadership transparent, fair, and compassionate. Reflecting on our journey, when Puli launched, it was in a state of immediate disarray due to issues with the original founders. I initially stepped up as a volunteer, only to later find myself serving as the CEO. It's been quite a whirlwind since then, with travels all over the country, but I am most proud of our achievements in showcasing P2E and the robust community we've built during that time. Today, we have an even more mature cohort of members in the Web3 community, all interconnected in some way. As we continue our conversations, I'm confident that we can explore further opportunities and possibilities together. I'll leave that final thought open-ended for now. I send the message with utmost respect, MLS
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Hi everyone, In the previous message I shared the impact to the business due to recent actions that have trickled down from the SEC as well as changes that will have to happen. As a recap, my company is unable to provide direct support anymore as it has been debanked on Binance and Crypto.com. Nevertheless, I hold myself accountable to ensuring that downscaling is done properly with the support from the team. So far the following things have been done: - The website was renewed for another year. $351.12 was paid via my business paypal account and reimbursed by the project. We will continue to make adjustments to the site to reflect the changes being made. - We cancelled the paid translation services on the website, which would have cost the project $350 for a year. - We cancelled reserved domain names and other IP so that the project is not charged renewal fees. - We converted the LinkTree to a free service. - We converted Gitbook to a free service. - We had cancelled the monthly subscription to the website's Content Delivery Network, which was used to speed up the site internationally, earlier this year. The above actions should be all that is needed to remove almost all the overhead costs to the project. In addition, the following steps are also being taken: - Play2Earn comes to an end - without the revenue sources, this cannot be sustained long-term. Still, we are very proud that this was a self-sustaining endeavor and that we had players that truly did well with the experience. - Advertisements are now turned off in the games. Players can still select NFTs and enjoy the game with them if they wish. The store will be patched out soon and the games converted entirely to free-to-play. They will serve as a legacy of what the project stood for. - Staking pool will also come to an end - we had 18 months of reserves and they will soon run out. Please unstake when it is convenient for you. - Support on socials is trimmed down: Facebook group is on pause, Reddit group is on the strictest posting controls, other socials with no activity will be deactivated i.e., instagram and pintrest. - All team managed tokens will be burned. There are 370,138 Puli in the safe, 379,715 Puli in the game wallet, and 2,357,645 tokens on XT.COM . Burning ensures the community knows the project team will not take advantage of the circumstances and try and front run anyone with a token sale. XT will be releasing the tokens held there in mid-July. The other tokens will be burned shortly after this message. - Taxes remain 0% Buy and 10% Sell for the next 90 days. Liquidity is locked up for 100 years. There will always be a market for people to trade against. - We are going to lock the smart contract for 90 days, This will give the community time to discuss a way forward or fully shut down centralized control of the project by setting taxes to 0 / 0 and renouncing the smart contract. While I am very displeased with having to relay these steps, I hope I have done well in being an honest voice in this space and looking out for everyone's best interest. Most people just simply up and abandon a project, but I'll be here to help drive this to a proper project closeout or migrate to a new solution if it's feasible given market conditions, etc., One final note: We will still be moderating our groups. Please be respectful and cordial. MLS
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Hi everyone, As many know, I am not the founder of Puli, but a holder that volunteered to help during very rough times in January of 2022. I volunteered to support the best I could via my company at the time. That support can no longer be provided, and I’ll do my best to explain: Recently, the SEC sued Binance, Coinbase, and other exchanges recently. Those actions have had an impact on my company in a couple of ways: 1. Binance US has become a crypto-only exchange, so my institutional account at Binance is no longer able to on and off ramp funds to my business banking accounts. 2. I have a backup with Crypto.com, but just a day later Crypto.com notified all institutional investors and businesses that they would be closing business accounts due to a significant drop in institutional interest in the crypto market. This has left my company with no institutional accounts to properly onboard and offboard funds. While there are still some exchanges where I can set up an institutional account, this is a very lengthy process as it includes submission of banking records, anti-money laundering policies, company bylaws, etc. I will be starting that process soon, but it forces some hard decisions. Lightspeed Crypto Services, LLC., can no longer support projects with the transfer of fiat revenues to crypto. This activity is highly risky to the company and much too centralized. The accounting has been exceedingly expensive as well as the taxes and insurance costs. This means that the fiat advertisements have now been turned off in the games and the in-app stores will also be turned off. The hybrid model that Puli has been operating will no longer work. The previous model kept the prizes self-sustained for 18 months. We are very proud of that accomplishment. We still have a prize reserve that can last a few months, around 415,000 in Puli, but there is no longer a way to sustain it long term unless the project begins using the taxes again. This is something we have managed to avoid the entire time. We may have to adopt a meme-token only approach going forward without play-to-earn and enjoy the free games that we have put together as a legacy of what the project has accomplished. I have asked the developers to see if we can adopt a true Web3 / decentralized solution, but our resources are limited to fund an entirely new initiative. I will let you all know the outcome of that discussion soon. MLS
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Hi everyone, Here is the schedule for an orderly delisting process at XT.COM: Announcement: 2023/5/25 Hide&Close Deposit:2023/5/28 08:00 (UTC) Close Trade:2023/6/1 08:00 (UTC) Close Withdrawal:2023/7/25 08:00 (UTC) MLS
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Hi everyone, I sent a cordial message to the CEO at XT that we would like to delist on 31 May because of market conditions. It saddens me, because I have had an opportunity to visit the team a couple times at crypto conferences and they were gracious hosts. However, at the end of the day, it’s simply business and we all know that market conditions make it hard to afford the management of the order books. If any holders from XT come with questions, please greet them warmly and offer support. I don’t think there will be too many as the run for the bank was long ago. Respectfully, MLS
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Dear Puli Community, A surprise for you all: $PULI is now tradeable on MetaMask! https://portfolio.metamask.io/networks/56/tokens/puli-inu/0xaef0a177c8c329cbc8508292bb7e06c00786bbfc MLS
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Hit the tweet!
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