What is Pepenode?

Pepenode is a new project introducing a gamified “mine-to-earn” system centered around virtual cryptocurrency mining. The platform allows users to build and manage digital mining rigs to earn its native token, $PEPENODE, and other memecoins. The concept removes the need for physical hardware and high electricity consumption, translating the mechanics of crypto mining into an interactive online experience.

The project is launching with a presale for its $PEPENODE token, which is integral to participating in the ecosystem. According to the project’s information, the presale price is set at $0.0011778 per token.

How the Virtual Mining System Works

Participation in the Pepenode ecosystem begins with a virtual server room, which serves as a blank slate for each user. To start earning, participants use $PEPENODE tokens to purchase virtual Mining Nodes. Each node possesses unique properties, and they can be upgraded or combined to enhance mining efficiency.

The platform’s strategy revolves around optimizing these node combinations to increase the virtual hash rate, which in turn boosts the daily yield of $PEPENODE tokens. Users can monitor their performance through stats like daily mining output and their share of the total network hash rate. Once tokens are mined, they can be claimed to the user’s wallet. The platform also suggests that nodes can be sold later to reclaim the initial token investment.

Acquiring $PEPENODE Tokens

To get started, prospective users first need to have a crypto wallet, such as MetaMask, funded with cryptocurrency. By connecting their wallet to the Pepenode website, they can purchase $PEPENODE tokens. The platform offers an option to buy and stake the tokens in a single transaction to begin earning staking rewards immediately. A card payment option is also available for users who connect a compatible mobile or browser wallet.

Project Roadmap and Development

The project’s development is structured in several key phases. The initial stage is the presale, designed to give early participants access to $PEPENODE tokens at introductory prices and offer staking opportunities.

Following the presale, a Token Generation Event (TGE) will mark the official launch of the token. At this point, holders can use their $PEPENODE to build their virtual server rooms and activate their mining operations.

The final phase is the full rollout of the mine-to-earn game. This will allow users to strategically build and upgrade their virtual mining facilities to generate rewards, which may include other memecoins like $PEPE and $FARTCOIN through airdrops for top performers.

Token Economics

The total supply of $PEPENODE tokens is allocated across several categories to support the project’s growth and operations. Protocol development and a fund for economics and treasury each account for 35% of the supply. Another 15% is dedicated to infrastructure, which includes marketing and media outreach. Finally, 7.5% is allocated for node rewards to incentivize community participation, and another 7.5% is reserved for growth initiatives and exchange listings.