What is pepper? The first Memecoin on Chiliz

The 2024 European Football Championship (Euro) is approaching, the crypto community is also paying more and more attention to token fans and the Chiliz network. At this time, Pepper emerged as a phenomenon at Chiliz network. So what is Pepper? What is Pepper's highlight?

What is pepper?

Pepper is the first memecoin project on the Chiliz Chain ecosystem, a network focused on fan token activities. Pepper also means chili, another word for Chili.

Pepper's purpose is to build a community, increase the number of users to the Chiliz network through airdropping PEPPER tokens and creating humorous stories.

Pepper's story

By the end of 2023, most memecoin projects develop stories related to animals dogs, cats... such as WEN, WIF or even Rune with the ticker DOG. Pepper is a project that builds a story around chili peppers. They started spreading the Pepper story by comparing the Fat Protocol theory to a chili pepper plant.

According to Fat Protocol theory, if a blockchain platform has good technology and structure, the dApps built on top can thrive. Similar to this theory, the better the roots of the chili plant, the better quality the chili fruit.

Although it was implied that the story was simply about the reason for choosing Pepper's network, Chiliz founder Alexandre Dreyfus also expressed interest and retweeted the above story.

Receiving positivity from the community and Chiliz founder, on November 11, 2023, Pepper continued to post a tweet announcing the PEPPER token airdrop to the Chiliz community, attached with the image "Soon the Harvest Season".

However, between November 2023 and March 2024, under the position of Chiliz's first memecoin and supported by its founder, the PEPPER project still did not have any more airdrop information and this also caused a lot of anger. Anger for the community.

On March 22, 2024, Pepper launched the project whitepaper, revealing airdrop information and keywords related to the "jalpeno" pepper. From here, some people realized that the picture "Soon the Harvest Season" refers to The time of airdrop is equivalent to a season of planting chili peppers. Normally, a season of chili peppers lasts 2 - 5 months, meaning the time of airdrop may fall in April 2024 or at the latest in May 2024.

In addition, in Pepper's whitepaper, the team also added "spice" to the PEPPER token, telling the community that "A little Pepper can make the dish delicious, but not everyone can stand Pepper." ".

What is PEPPER token?

At the time of writing, the PEPPER token has not yet been released to the community. But according to the project whitepaper, the PEPPER token will have a standard of CAP20 to match the Chiliz network. At the same time, the total supply of PEPPER is relatively large, with 1 million PEPPER for each CHZ circulating in the market.

Pepper's whitepaper also mentions the airdrop criteria, including:

·      Wallet owns Scoville Testnet NFT.

·      The wallet owns at least 1,000 CHZ tokens.

·      Have an account at Socios.com website

·      Wallet with SSU tokens.

·      CHZ Staking Wallet.

Some projects similar to Pepper

Here are some projects similar to Pepper:

BOME: Memecoin on the Solana ecosystem and created by an artist on X named @Darkfarms1.

PEPE: Memecoin was created on the Ethereum network, inspired by the green frog meme.