# What is $PepeVerse

<figure><img src="https://2072222317-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FUiRymxJ5LzhxnGqQD3ag%2Fuploads%2FG59ixJtwx9wFg8BpMn2o%2Fpepeverse%20banner%20post.jpg?alt=media&#x26;token=cfe04e3b-ac99-4501-9e5b-12fd941d3edf" alt=""><figcaption></figcaption></figure>

$PepeVerse is the Primary token of the PepeVerse ecosystem: the layer-1, metaverse, NFT ecosystem, and native GameFi. The token economy includes staking, locks, liquidity incentives, buybacks, and burns. These are driven by demand drawn by gameplay perks and value removed from the metaverse economy.

The $PepeVerse token utility includes but not limited to the following:&#x20;

<mark style="color:purple;">**Purchases and transactions**</mark>

* NFTs
* Metahuts, Home assets (e.g. rooms), or upgrades.
* Event tickets, premium access&#x20;
* Services (promotions or tools)
* Brand stores

<mark style="color:purple;">**Community incentives**</mark>

* Token holder incentives
* Transaction fee incentives
* Affiliate incentives
* Activity incentives
* Staking incentives&#x20;

<mark style="color:purple;">**Governance**</mark>

* Voting
* Curation
* Metaclan memberships