Inscribed Pepes are a type of digital asset that can represent ownership in an artwork, object, or even a company. They are created by using the Ethereum blockchain and ERC-721 tokens to store and transfer value.
These tokens were first introduced in 2018 by artist Matt Hall as part of his Pepe Collection project. He wanted to create a way for people to own unique art pieces without having to actually buy them, so he created Inscribed Pepes (IPs). The IPs are essentially non-fungible tokens (NFTs) that can be bought, sold, and traded like any other cryptocurrency on various exchanges.
The main difference between regular cryptocurrencies such as Bitcoin and Inscribed Pepes is that each one is unique. This means that no two IPs have the same properties or characteristics; they’re all different from each other in some way. For example, each IP might represent a certain piece of artwork with its own set of characteristics such as color scheme or subject matter.
In addition to being able to trade your owned IPs on exchanges just like any other crypto coin, you can also use them for physical goods and services through third party providers called “merchants” who accept these kinds of payments with their “Merchant API” feature. These merchants will then convert your payment into traditional currency so you don’t have to worry about exchanging it yourself when making purchases with Inscribed Pepes!
Finally, owning an Inscribed Pepe isn’t just about buying something cool – it’s also about investing in something valuable since these types of assets tend to appreciate over time due to their uniqueness and limited supply . So if you’re looking for an interesting way to invest your money while enjoying some truly original artwork at the same time – consider giving Inscribed Pepes a try!
