What is Pepelon?

Launched in 13/5/2023 by a team based in Pepe Land, Pepelon was birthed to highlight the collaboration between Elon Musk and Pepe. Two people on the same mission to Mars. Pepelon is here to bring back the hype which memecoins always deserved. As the say goes, missed $DOGELON and $PEPE? Make sure not to do the same with $PEPELON. Pepe and Elon join forces on an epic space odyssey to colonize Mars. An unforgettable Mars mission with the most memeable memecoin in existence.

Pepelon

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MultiversX is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. Its smart contracts execution platform is reportedly capable of 15,000 transactions per second, six-second latency and a $0.001 transaction cost.

MultiversX rewards the community and active participants with EGLD tokens. EGLD, or Electronic Gold, is MultiversX's native token. It acts as a store of value currency to pay for network usage. The coin also serves as a medium of exchange between platform users and validators. Users pay transaction fees in EGLD and validators provide services.

EGLD allows developers to deploy smart contracts, protocols, and dApps on the platform. It empowers participants to perform any network action. Through staking and validation rewards, as well as transaction fees, EGLD manages the MultiversX network. Plus, EGLD is endowed with the functionality of a governance token, so its holders can vote on network decisions.

MultiversX was first announced in August 2019, and its mainnet went live in July 2020.

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