Color Protocol
@colorprotocol404
The first BC-404 Meme is coming.🌟 We are about to launch the first Conversion Pool for $PEPE —— converting your ERC20 $PEPE into $colorpepe (BC-404 PEPE with PFP NFT, deployed on @base ).🚀 Addresses with color whitelist can participate first. Check your whitelist: https://colorprotocol.com Free conversion, free reversion, no barriers. 🔄 Join this extraordinary MemecoinFi experiment and embark on a vibrant journey of discovery. 🌈 Don't forget to put a few $PEPE in your wallet. 🐸
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Color Protocol
@colorprotocol404
2/ BC-404: BC-404 is an innovative token standard inspired by ERC-404. It integrates the bonding curve model, which stipulates that the number of tokens required to generate an NFT continues to increase until reaching a pre-set cap, therefore early participants will have a cost advantage.
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Color Protocol
@colorprotocol404
3/ Conversion Pool: Conversion Pool is a platform where you can convert popular memecoins into BC-404 standard (bridging between different chains if necessary), enabling native memecoin assets to be endowed with NFT attributes.
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Color Protocol
@colorprotocol404
4/ Colorpepe: $colorpepe is the first BC-404 asset (deployed on @base ) and the first pepe PFP Collection generated from $PEPE. It merges the unique and scarce nature of NFTs with the popularity and liquidity of memecoins.
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Color Protocol
@colorprotocol404
5/ Details of the conversion： 1⃣Free Conversion: Only gas fees needed, no extra cost. 2⃣Reversible Conversion: No need to worry about your holdings of $PEPE. You can revert $colorpepe to $PEPE at any time while the corresponding amount of colorpepe will be burned. 3⃣Limited Supply: The total supply of $colorpepe tokens is limited, which means the amount of $PEPE that can be converted is also limited. Conversion has a time window and will not last indefinitely. 4⃣Whitelist Priority: Conversion will be divided into two phases. Phase 1 is for whitelist addresses only, and phase 2 is for the public. Under the BC-404 mechanism, the number of tokens required to generate an NFT continues to increase, so it would be best if you queued up ASAP. $colorpepe NFTs can be traded on mainstream NFT marketplace after the conversion. 5⃣Reminder: Make sure that your wallet holds a few $PEPE (ETH mainnet) and enough $ETH to cover gas fees.
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Color Protocol
@colorprotocol404
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