Why an NFT? (NB: The PEPE NFT is NOT JUST ANY NFT)

The main objective of LAB69 is to bring $PEPE to a wider audience, which serves as the ultimate measure of success for the culture. In recent times, NFTs (Non-Fungible Tokens) have revolutionized the mainstream by offering collectible assets that people can appreciate for their beauty, reap rewards from, utilize (if applicable), and in turn, introduce millions of mainstream collectors from diverse backgrounds to the world of cryptocurrency.

By utilizing NFT technology as a bridge, along with traditional ERC20 tokenization (specifically the $PEPE token) and incorporating modern standards like ERC6551, we are able to enhance both the practical usefulness and asset-oriented mindset to a whole new level. This approach not only strengthens the existing loyalty towards the $PEPE token, but also significantly expands its presence and appeal in the mainstream by presenting a more accessible and familiar financial/asset class that is already widely recognized and accepted.

Since our goal is to continually purchase and distribute $PEPE to our token holders, you can expect to receive $PEPE within your NFT as if it were a crypto wallet.