Dear WHALE Members,

We are happy to announce that the latest revision of the
📜WHALE Whitepaper (version 5)
has been drafted and confirmed by the WHALE Council.

Notable changes are:

1, Mission Statement wording
2, Addition of Core Values
3, Addition of History
4, Update of 70-30 split on reinvestment vs. WHALE buyback
5, Updating of all live links
6, Updating on WHALE DAO Governance structures
7, Notation on iterative processing for whitepaper management
8, Language has been toned down for more objective reading

What does not change are:
1, Tokenomics
2, $WHALE utility
3, Our dedication towards a transparent, equitable and community driven future

While the recent move to a multisig wallet and the decentralization-of-everything related to WHALE does indeed provide a key improvement to the nature of the token, please do your own research (DYOR) and do your own DD (DYODD).

The updated WHALE Whitepaper can be found here:
docs.google.com/document/d/19aW3ztqEwIeks1HNLYI2un1PpXRYBCc1J0uo5vJMgq0/edit?usp=sharing

Currently the team is working on putting the Whitepaper on-chain (as was done with the Charters for the Council and the DAO), and future changes to the Whitepaper will require supermajority consensus from both WHALE DAO and WHALE Council members.

As the space evolves, changes to how the project needs to remain culturally relevant, operationally efficient and profitable will undoubtedly arrive. This means that the Whitepaper will need annual/ bi-annual updates with the blessing of WHALE Members. We expect an iterative process driven by community discussion, debate and consensus.

Items that should never change are the tokenomics of the project and the core values that WHALE Members represent as an industry thought and collection leader.