17 set 2016 ano - PEPECASH

Descrição:

Early on, in the first series of the Rare Pepe Directory, it was theorized to have a project centered currency to trade against all the cards from all the artists in the directory.

Since many tokens were already being sold against XCP and since the Counterparty Decentralized Exchange supported 'asset-for-asset' trading pairs, PEPECASH became the currency of exchange for trading Rare Pepe's in the community. It was also a card in the directory itself with minted art by Mike.

PEPECASH was originally distributed to holders of RAREPEPE, GOXPEPE, AND SHITCOINCARD. A portion of PEPECASH was also donated to FoldingCoin miners. After some giveaways on Twitter and in the Rare Pepe Telegram chat, the rest was burned, which ended up being about 300 Million units.

This card was also used to submit cards into the directory from that point on, though you were required to send it to a specific burn address to do so.

These trading theories were done because this project predates the 'destroy' function as well as the 'dispenser' function.

This asset also historically became one of the 12 cryptocurrencies officially approved of by the Japanese government in 2017.

It is not uncommon for more recent projects to still use PEPECASH, for instance the Fake Rares 'Commons' section requires a 'destruction' of PEPECASH for submission.

Issuer: Mike