PNL Whitepaper
Idea Tokenization: Where Dreamers Meet Believers
Version 1.0 • December 2025
Solana Mainnet
"Fueling the world's brilliant ideas — from anywhere, for everyone."
Yours could be next.
Abstract
VC funding isn't accessible to everyone. The traditional path to capital requires connections, geography, and credentials that most brilliant minds simply don't have. Every day, world-changing ideas die—not because they lack merit, but because their creators lack access.
PNL changes that. Through Idea Tokenization, builders can transform their vision into something the world can fund. Supporters back ideas they believe in and receive tokens in return—becoming early stakeholders in projects they helped make real. Builders get the capital they need to keep building. Everyone wins.
The community validates through prediction markets—ensuring only ideas with real believers get funded. No gatekeepers. No VC rejections. No knowing the right people. Just merit, vision, and a global crowd ready to believe in the next big thing.
✅ For Builders: Raise capital from believers worldwide—no VCs required
✅ For Supporters: Fund ideas you believe in, receive tokens in return
✅ Community Validated: Prediction markets filter quality, believers back winners
✅ Global & Permissionless: From anywhere, for everyone—0.01 SOL minimum
✅ Discover Treasures: Find the next breakthrough before the world does
The Problem: Capital is Gatekept
You have a brilliant idea. You've done the research, built the prototype, and you know it can change the world. But you need capital to make it real. What are your options?
VCs won't return your emails. They fund Stanford dropouts and YC alumni—not dreamers in Lagos, Manila, or São Paulo. Less than 1% of startups get funded, and it's rarely about merit. It's about who you know, where you went to school, and which zip code you live in. The system is broken.
VC Gatekeeping
Connections over merit. Geography over vision. Credentials over capability.
No Global Access
Brilliant builders worldwide locked out of capital that flows freely in Silicon Valley.
Ideas Die Daily
World-changing visions fade—not for lack of merit, but lack of access.
Web3 offered hope. Peer-to-peer funding without intermediaries. But there was a missing piece—what do supporters get in return? Donations alone don't scale. People need skin in the game, a reason to believe and benefit.
The answer? Tokenize the idea. Give supporters ownership. Let the crowd become co-founders.
The Solution: Idea Tokenization
Core Insight
Prediction markets are the most accurate forecasting tools ever created—outperforming polls, analysts, and experts across every domain. PNL harnesses this collective intelligence to separate brilliant ideas from noise.
When real money is on the line, people do their homework. Critics are incentivized to find flaws, while Early Supporters are rewarded for spotting winners before anyone else.
How Idea Tokenization Works
- Founder tokenizes their idea: Create a market for your vision
- Community evaluates: Early Supporters back it, Critics challenge it
- Price discovery: The market reveals true sentiment
- Validation gate: Only ideas with majority support get tokenized
- Presale rewards: Early Supporters receive 65% of tokens at launch
Result: The world's best ideas rise to the top. Real treasures get discovered.
How PNL Works
The Journey: From Idea to Token
Every great project starts with a vision. Here's how PNL turns yours into reality.
Create
Founder tokenizes their idea
0.015 SOL
Validate
Community backs or challenges
Min 0.01 SOL
Resolve
Market decides outcome
At expiry
Launch
Token goes live on Pump.fun
If YES wins
Three possible outcomes—each one fair.
YES Wins
Token launches → Early supporters get 65%
NO Wins
No launch → Critics share 95% of pool
Tie / Under Target
Everyone gets 98.5% refund
Let's break down each phase. The process is simple, transparent, and designed to reward conviction.
Create
Founder submits their idea with project details, token economics, and target pool size.
Cost: 0.015 SOL
Validate
Community votes YES or NO. Early supporters back winners, critics filter quality.
Min: 0.01 SOL • Fee: 1.5%
Resolve
At expiry, shares are counted. More YES shares = launch. More NO shares = critics win.
Completion fee: 5%
Launch
If YES wins, token launches atomically on Pump.fun. Early supporters get 65% of tokens.
Up to 50 SOL → Pump.fun
When the community says YES, tokens are distributed fairly—no insiders, no VCs, just believers.
Token Distribution
65%
Early Supporters
33%
Founder (vested)
2%
Platform
Why Build & Invest on PNL?
For Founders & Dreamers
Turn your vision into reality
- 🌍 Global capital: Raise from believers worldwide
- 🚀 Instant community: Early supporters become your first fans
- ✅ Validation: Know your idea has market demand
- 💰 Fair deal: Keep your equity, share tokens
- ⚡ Fast launch: Go from idea to token in days
For Early Supporters
Find treasures before the crowd
- 💎 Presale access: Get tokens at ground floor
- 🎯 Due diligence pays: Research → spot winners → profit
- 📈 65% allocation: Majority of tokens go to believers
- 🤝 Direct connection: Build relationships with founders
- 🔮 Shape the future: Back ideas you believe in
For Critics
Get paid to filter quality
- 🔍 Quality control: Your skepticism protects the ecosystem
- 💵 Earn from flops: When bad ideas fail, critics profit
- ⚖️ Balance the market: Keep hype in check
- 🛡️ Protect others: Your NO vote warns the community
- 📊 95% pool share: Winners split the pot
Economics: Fair by Design
Traditional fundraising is unfair. VCs get preferential terms, insider access, and early exits—while everyday believers get nothing. PNL flips this model entirely. Everyone plays by the same rules, and the supporters who backed the idea first get the biggest rewards.
No VCs. No Insiders. Just Believers.
❌ VC-Backed Projects
- • VCs: 50-70% at $0.001
- • Team: 15-25% at $0.001
- • Public: 5-10% at $0.10
- → 100x price gap
✅ PNL Distribution
- • Early Supporters: 65%
- • Founder: 33% (vested)
- • Platform: 2%
- → Same price for all
Transparency is non-negotiable. Here's exactly where your SOL goes:
0.015
SOL to create
Spam prevention
1.5%
Per vote
Platform revenue
5%
At resolution
Completion fee
When YES wins, up to 50 SOL goes to Pump.fun for token launch. Any excess above 50 SOL goes to the founder (8% immediate, 92% vested over 12 months)—keeping founders committed long-term.
Vision: Where We're Going
For too long, tokens and equity have been treated as different things. But what if they're the same—just evolved for the internet age? PNL is pioneering Idea Tokenization—where your vision becomes an asset the world can believe in.
Traditional VC: Broken
Less than 1% of startups get funded. The other 99%? Rejected—often not because of merit, but geography, network, or pedigree.
Brilliant builders in Lagos, Manila, São Paulo—locked out of capital that flows freely in Silicon Valley.
PNL: Borderless
No rejection—every idea gets a fair shot. Build from anywhere, raise from everywhere. The crowd decides, not gatekeepers.
The next unicorn might be building in a bedroom right now. PNL will find them.
For early supporters, PNL is a treasure hunt—discover hidden gems before the world knows about them. Every market is a potential breakthrough waiting for believers to back it.
What's Live Now
Community features already shipped and ready to use:
Community Chat
Real-time discussions per market
Voice Rooms
Live audio spaces for each project
AI Analysis
Smart project scoring & roasts
What's Coming Next
More features on the roadmap:
Reputation System
Track record & credibility scores
Teams & Talent
Find collaborators for your project
Technical Architecture
Blockchain
- • Solana (high throughput, low fees)
- • Anchor framework (Rust)
- • Program ID:
C5mVE2BwSehWJNkNvhpsoepyKwZkvSLZx29bi4MzVj86
Frontend
- • Next.js 14 (React, TypeScript)
- • Privy (embedded + external wallets)
- • Responsive, mobile-first design
Infrastructure
- • Helius RPC (primary)
- • QuickNode (fallback)
- • Address Lookup Tables (transaction compression)
Token Launch
- • Pump.fun integration
- • Bonding curve mechanism
- • Automatic PumpSwap graduation
On-Chain Program Architecture
All funds are held in Program Derived Addresses (PDAs) controlled by the smart contract—not team wallets. This ensures trustless, transparent fund management.
PDA Account Structure:
├── Market PDA — Stores market state, receives distribution funds
├── Market Vault PDA — Holds SOL during active voting
├── Position PDA — Tracks user shares per market (1 per user per market)
├── Treasury PDA — Collects platform fees (creation, trade, completion)
├── Team Vesting PDA — 25% token lockup (12-month linear vest)
└── Founder Vesting PDA — Excess SOL lockup (if pool > 50 SOL)
AMM Price Discovery
What is an AMM?
An Automated Market Maker (AMM) is a smart contract that enables trading without order books. Users trade against liquidity pools using mathematical formulas, ensuring prices reflect real-time supply and demand.
Why Constant Product?
PNL uses the x × y = k formula (same as Uniswap) because:
- • Self-adjusting — larger trades have more price impact
- • Always liquid — you can always buy/sell
- • Manipulation-resistant — moving price requires real capital
- • Battle-tested — proven across billions in DeFi
Core AMM Formula:
x × y = k (constant product)
Where: x = YES pool, y = NO pool, k = constant
Derived Price Formulas:
YES Price = NO_Pool / (YES_Pool + NO_Pool)
NO Price = YES_Pool / (YES_Pool + NO_Pool)
→ Prices always sum to 100%
Buying YES
Your SOL → NO pool → YES pool shrinks → You receive YES shares
Effect: YES price ↑, NO price ↓
Buying NO
Your SOL → YES pool → NO pool shrinks → You receive NO shares
Effect: NO price ↑, YES price ↓
Example Trade:
Start: YES=15, NO=15, k=225 → Prices: 50%/50%
User buys YES with 5 SOL:
1. 5 SOL → NO pool (now 20)
2. YES pool = 225/20 = 11.25 (maintain k)
3. Shares = 15 - 11.25 = 3.75 YES
After: YES=64% ↑, NO=36% ↓
Price Impact & Slippage
Larger trades move prices more. This is called price impact:
- • Small vote (0.1 SOL) → ~0.3% price move
- • Medium vote (1 SOL) → ~3% price move
- • Large vote (10 SOL) → ~25% price move
This protects against manipulation—you can't move prices without real commitment.
Key Insight: Shares Determine Winners
The winning side is determined by total shares, not total SOL invested.
Early voter: 1 SOL @ 50% → ~0.67 shares
Late voter: 1 SOL @ 80% → ~0.25 shares
Same SOL, 2.7x more voting power for early voter!
This rewards early conviction and discourages bandwagon voting—the core of prediction market accuracy.
Interactive AMM Simulator
Experiment with votes to see how prices and payouts change in real-time.
Starting liquidity in each pool (YES and NO start equal)
k = 15 × 15 = 225
Max: 45 SOL
Max: 45 SOL
Price (Probability)
Share Distribution (determines winner):
Total Pool
0 SOL
After 5% Completion
0.00 SOL
k (constant)
225
Fee Structure:
Calculate Your Position
Enter your vote amount and side to see your potential shares and payout.
If YES wins:
YES voters get TOKENS (65% of supply)
If NO wins:
NO voters get SOL (95% of pool)
Shares You'd Receive
0.9375
Your % of YES Side
100.00%
With your 1 SOL YES vote:
🚀 YES would win! → You receive TOKENS
Token allocation: 65.00% of total supply
Estimate token value (if token 2x):
Est. value: 1.2350 SOL
Est. ROI: +23.5%
* Simplified simulation. Trade fees (1.5%) are not deducted from displayed amounts. Actual on-chain calculations include all fee deductions.
Atomic Token Launch
When YES wins, token creation and distribution happen in a single atomic transaction. No intermediary steps where funds could be lost or stuck.
Single Transaction Flow:
1. Create token on Pump.fun (via CPI)
2. Create market's Associated Token Account
3. Buy tokens with pool SOL (up to 50 SOL)
4. Deduct 5% completion fee to Treasury
5. Set token allocations (65% YES / 33% Team / 2% Platform)
6. Mark market as resolved
✓ All-or-nothing: Either everything succeeds or nothing changes
Security Features
One Position Per Wallet
Users cannot bet on both YES and NO in the same market—prevents manipulation.
Permissionless Resolution
Anyone can resolve a market after expiry—no single point of failure.
Vested Token Distribution
Team tokens vest over 12 months—aligned long-term incentives.
Rent Recovery
Closed accounts return rent to users—no locked SOL.
Join the Revolution
The world is full of brilliant ideas waiting to be discovered—and brilliant people waiting to discover them. PNL connects the two. Whether you're a dreamer with a vision, an early supporter hunting for the next breakthrough, or a critic keeping the ecosystem honest— this is where you belong.
Needed
Ideas die for lack of access. PNL fixes that.
Aligned
Everyone wins when quality rises.
Proven
Battle-tested AMM + prediction markets.
Global
The next unicorn could be anywhere.
Fueling the world's brilliant ideas.
From anywhere, for everyone. Yours could be next.
Connect With Us
Disclaimer: This whitepaper is for informational purposes only and does not constitute financial, investment, or legal advice. Token launches involve substantial risk, including potential total loss of investment. Prediction markets are not guarantees of project success. Always conduct your own research and consult with qualified professionals before participating. PNL makes no representations or warranties regarding the accuracy of information presented, the success of any project, or the value of any tokens. Cryptocurrency markets are highly volatile and speculative. Past performance does not indicate future results.