Pepe cash is a blockchain-based cryptocurrency and is the main currency that powers Rare Pepe cards. It is with this cash that enables users to perform all their rare pepe dealings including paying the submission fee, buying and selling of pepe cards. Once the users get admittance in the pepe directory and facilitate the digital artists and content creators to generate and register their content on their own. The rare pepe platform is exploring and creating a new concept of bringing and trading rare digital assets into the blockchain technology. It original was conceived as an internet meme (a frog) but soon was converted and developed into a cryptocurrency.
There are certain rules that must be followed. The pepe must be of 400x 560 size and must be compressed. The creator decides and locks the issuance to control inflation. The creator must own a minimum of 100 shares with an upper limit of 100k shares. A creator can submit only 1 Pepe per day. The approval may take a minimum of 24 hours. Uniqueness and rarity must be maintained. There is a separate rareness quality team that checks for the quality and standards.
The approved cards are then released in the Rare Pepe Directory and the information is recorded in the Rare Pepe wallet. The wallet is a 12- word passphrase and must be stored and kept safe. Recovery of the money is very difficult if the wallet passphrase is lost or stolen.
The submission fee that a rare pepe creator must pay for getting approval is about 700 PEPECASH. Once the approval is done, more Pepe cash is spent as a celebration in praise of Lord Kek. The Rare pepe has a team of scientists that review and approve the cards.
It is highly reliable. The fact that more than a billion people accounts have been created on PEPECASH thus far, talks of its popularity. Being an open platform, it allows third-party developers to put in their contributions. The PEPECASH market capital earlier in the month was equal to about 4,416 BTC. It is predicted to be good for a long-term investment and chances of it going out of value is very low. The rareness is guaranteed since under each meme “rareness 132” is written. This means although the meme can be copied and reproduced several times, only 132 people can own it since the creators establish the originality by signing it.
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