This is a very important thing clarify.
There is an important distinction every member of the
#PeeNetwork Ecosystem community needs to understand.
The Pee Network ecosystem is designed around two different assets, each serving a different purpose.
$PN — THE NATIVE LAYER 1 COIN
$PN is the native Layer 1 blockchain coin of the Pee Network ecosystem.
$PN is currently being distributed through mobile mining. Users can earn
$PN through mining activities within the official Pee Network mobile mining app.
At this stage:
$PN has no assigned market value.
$PN is not currently tradable on exchanges.
$PN cannot be purchased from an exchange.
The current way to obtain
$PN is through the mobile mining activity.
As the native Layer 1 coin,
$PN is designed to power the Pee Network infrastructure, including network transaction fees, on-chain execution, business verification, trusted digital identities, reputation, commerce, value settlement, and ecosystem services.
In simple terms,
$PN is the native economic asset powering the trust business infrastructure we are building and as well, an asset being built into the foundation of the blockchain itself.
$PNMT — THE COMMUNITY MEME TOKEN
$PNMT is different.
$PNMT was created as a community meme token and awareness asset.
Before the mobile mining of
$PN went live,
$PNMT served as part of our community campaign to introduce the Pee Network vision to the wider Web3 space.
It helped us start conversations, build awareness, activate the community, and communicate one important message:
We are coming to build blockchain infrastructure.
$PNMT is currently traded on PancakeSwap, and therefore has a market price determined by its own trading activity.
⚠️ IMPORTANT:
The price you see for
$PNMT on PancakeSwap does NOT automatically represent the price of
$PN coin.
They are two separate assets.
$PN = Native Layer 1 blockchain coin (Not tradable)
$PNMT = Community Meme Token (tradeable)
One is being distributed through our mobile mining journey and is intended to power the underlying Pee Network infrastructure.
The other was created to build awareness, community energy, and visibility around what we are building.
Understanding this distinction is essential.
Do not confuse the two assets. Do not treat the market price of
$PNMT as the current value of mined
$PN.
Different assets.
Different purposes.
One ecosystem.
I hope this helps!