The Pepes Token: What is it?
The 8BitPepes ecosystem and metaverse is very complicated by the sounds of it, but it quite simple.
There are the 8BitPepes NFTs and the Pepes ERC-20 Tokens that circulate within the system.
Both function separately, but are intimately tied together.
8BitPepes NFT
The NFTs are the hallmark pinnacle of the ecosystem. They represent the digital forefront as well as hold the lucrative benefits. Here is a quick aggregated list of the NFT:
- Used for interacting with the Bank of Pepes as collateral
- Claiming passive income
- Pepe Freeing Program
Pepes ERC-20 Token
- Minting of 8BitPepes for a 1:1 swap
- Post-Mint- Adopting 8BitPepes for 1:1 swap
- Holder + Whale rewards [Tier List available on white paper]
The combination of the two allows 8BitPepes ecosystem to be more vibrant and cohesive. While the NFTs can sit in ones wallet as a collection, the tokens can circulate as a reward function to collect more Pepes as needed.
Official links: