PepeNode turns mining into a strategy game: Can 70% token burning save GameFi?

[Coin World] Did GameFi die and come back to life? There's a project called PepeNode that turns Mining into a strategy game — you need to use PEPENODE Token to upgrade your virtual Mining Rig, and in the end, the output is meme coins like PEPE and FARTCOIN.

Sounds like a nesting doll? The key is that they designed a harsh tactic: 70% of the tokens consumed during each upgrade are directly destroyed. If this deflationary mechanism works, it could solve the old problem of those “play-to-earn” projects dying from inflation.

The presale data is quite impressive, having already attracted 2.24 million dollars. The current coin price is 0.0011731 USD, and there are only 24 hours left. The development team has positioned themselves as the blockchain version of “Factorio”, meaning they want to retain players with strategic depth rather than relying on a game of hot potato.

Whether it can succeed depends on whether the output of the Mining Rig and the consumption of the Token can be balanced after going live. After all, in the graveyard of GameFi, there are already plenty of “innovative models” that have died.