The digital currency PepeCoin was first birthed into the crypto scene with the initiation of its genesis block on March 5, 2016. Because of the political implications tied to “Pepe The Frog”, the coin was introduced as Memetic on Bittrex US, a popular cryptocurrency exchange. One of the initial objectives of the team behind PepeCoin was to establish an NFT platform, leading to the creation of Kekdaq in 2017. This was one of the earliest NFT platforms, and was built as an on-chain solution using Counterparty technology. This venture was a success, and the value of a single PEPE coin even soared to 1.75 USD on December 8, 2017.
However, the PepeCoin team encountered some limitations with further on-chain development of the Kekdaq layer, leading them to the decision to introduce an ERC-20 token named PepeCoin, while retaining the Memetic name for the original chain that was mineable via Proof of Stake X11. Memetic continues its developmental journey, now alongside the newly launched ERC-20 token, PepeCoin, which debuted in April 2023.
PepeCoin is poised to fuel several innovative releases, including the evolution of Kekdaq to Kekdaq 2.0 and PEPEAI, a game-changing solution for training and running AI models, including the team’s own ChatGPR-33. They’re also developing an image generation AI known as MemeJourney, which will feature Discord and Telegram bots along with a revenue-generating web portal. All revenue from AI operations will be funnelled back into the PEPEAI network to fuel its expansion.
In addition, the team aims to integrate their NFT marketplace, Kekdaq, into a new social media platform named Pepe.dj. This unique site will offer users the chance to display their NFTs and share live music playlists. Equipped with text and voice chat features, the site will primarily focus on cryptocurrency and meme culture.
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Pr0m3theus, damoos3, Big Brain Pepe, and Wuthonker are listed as the the development team for PEPECOIN.