New York, New York, October 9th, 2024,
Chainwire
The Rare Utility Memecoin Takes a Major Step Toward Increased
Scarcity and New Utility
PepeCoin, the OG 2016 memecoin known for its
rarity and utility, is about to undergo a significant
transformation. The team behind PepeCoin is introducing a
deflationary burn event that will reduce the supply of PEPECOIN,
creating a potential supply shock in the market. This move is set
to make the memecoin even more scarce, potentially boosting its
value and utility in the process.
As part of this event, PEPECOIN holders will be able to burn
tokens in exchange for Brain credits. These credits will then be
used to obtain BasedAI Brains, the powerful subnets driving the
innovative BasedAI Network. BasedAI tokens have been fairly
distributed to PepeCoin holders through a staking farm as rewards
for loyalty and locking tokens. This initiative is a step toward
addressing the challenges of centralized AI systems, particularly
in privacy and security, by leveraging a decentralized AI
network.
A New Era of Utility for PepeCoin
With this burn event, the coin will cement its status, offering
holders a direct role in the development and growth of BasedAI’s
decentralized AI network. Holders will participate technically in
the BasedAI network through staking and contributing resources to
the network including the mining and validation processes.
By participating in the burn event, PEPECOIN holders are not
just reducing the supply, they are also gaining a stake in the
future of decentralized AI. BasedAI is tackling critical issues in
centralized AI systems, ensuring enhanced privacy, security, and
user control over AI technology.
About BasedAI and the Future of Decentralized
AI
BasedAI (powered by BasedAI:BASED) is a network
designed to solve the issues plaguing traditional, centralized AI
systems. With the introduction of BasedAI Brains, users will have
the ability to control their own AI subnets, directly contributing
to a more secure, decentralized AI ecosystem. This initiative
aligns with Pepecoin’s mission of breaking down barriers in both
the cryptocurrency and AI worlds.
The upcoming PepeCoin burn event is set to bring even more
utility to the token, while also playing a key role in the future
of AI decentralization.
About PepeCoin
Established in 2016, PepeCoin ($PEPECOIN) is the
original meme coin. It leverages the viral internet meme ‘Pepe the
Frog’ to build a strong community of crypto enthusiasts and memers.
PepeCoin is also building the first decentralized social wrapper
for DeFi through open-source tooling and dank memes.
Contact
Marjore
Barros
marjore@energentmedia.net