Hold the Burn
In this post
There will be no burn mechanism for Pepe Checks from VincentVanDough, according to a tweet from VVD.
❗Why It Matters
Given the size of the collection - more than 230,000 NFTs - many had suspected that VVD would enable a burn mechanism like the original Checks collection. Burn mechanisms have been implemented for nearly every open edition of late, including from notable artists and collections like NessGraphics and KILLABEARS. While no burn means, no supply reduction - VVD indicated he is comfortable with the 12,000 unique holders building a Pepe Checks community.
🎤 Founder Feedback
Having 12k holders allows Pepe Checks to act as a powerful tool for community building and enabling distribution mechanisms.VincentVanDough
🔜 What's Next
Although no burn is coming, VVD did indicate that more news is coming this weekend.
Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice. AI may have assisted in the creation of this content.
