PEPE from Squid World ($PESW) ICO

This presale funds PESW, a token for a Web3 gaming metaverse rewarding player skill with crypto incentives, developed by Plan A Labs and combining Pepe meme branding with a Squid Game-inspired narrative. Distinguished by a completed SolidProof audit and a named developer studio, the project offers more product substantiation than many purely speculative meme-metaverse presales. This review documents the sale, its confirmed audit, and a specific, separately tracked token-address concern.

PEPE from Squid World ICO and the Skill-Based Gaming Concept

Built on Ethereum Layer 1 and Layer 2 infrastructure, PESW offers a 3D interoperable gaming metaverse where player skill, rather than chance-based mechanisms, determines in-game value earned. The platform includes "PESW GATE," a described proprietary cross-chain bridging solution addressing blockchain gaming's ecosystem fragmentation. Per the project's roadmap, the presale was set to conclude by 25 July 2025, followed by a public beta launch in early August 2025 and planned mobile app releases by Q4 2025. These milestones remain important when evaluating the current status of the PEPE from Squid World ICO.

A Confirmed Completed Security Audit

Unlike many meme-metaverse presales, the project's smart contracts underwent a comprehensive audit by SolidProof, an established third-party security firm, with the audit report publicly viewable via CoinSniper's listing. This provides a concrete, independently verifiable security reference that distinguishes the project from unaudited comparable presales.

A Concerning Contract Found on a Separate Tracker

This review found a specific concern worth flagging directly: ApeSpace's tracker for a separate PESW token address (0x5f9087a5a6845749b89fcebfd0bcf52de9438bde) states that it "has a 0% tax on any buys and a 100% tax on any sells," creating an effective honeypot structure. This address differs from the officially audited address (0xCC77098Ac9612707c2bFf4cb84AAb880a408Aaa6) referenced by CoinSniper and the project's own materials. The difference makes exact address verification essential before any transaction because multiple similarly named tokens appear across trackers.

ICO Conclusion: A Genuine Audit Amid Contract Verification Risk

The completed SolidProof audit and named developer, Plan A Labs, represent meaningful product substantiation. However, the existence of a separate, differently addressed token carrying a 100% sell tax remains a serious concern. Users should therefore confirm the exact official token address before interacting with the asset.

Current PESW Listings and a Critical Contract Warning

The officially audited address (0xCC77098Ac9612707c2bFf4cb84AAb880a408Aaa6) shows just 7 holders on Etherscan with a $0.00 price, while a separate token tracked by ApeSpace carries a 100% sell tax. Verify the exact address directly before any transaction and independently confirm the project's current exchange listing status.

Project Progress and Expansion Today

Current public beta status and mobile app launch should be confirmed directly at pepesquid.world, cross-checked against its SolidProof audit. For a comparison against another audited gaming-metaverse presale, browse the Beer Bear presale review, or see the Race to a Billion ICO for another gaming-prediction presale.

Red Flags and DYOR Checklist for PESW

Treat the following as mandatory checks: multiple token addresses using the PESW name appear across trackers, and one is reported by ApeSpace to carry a 100% sell tax. Confirm that any address matches the officially audited version (0xCC77098Ac9612707c2bFf4cb84AAb880a408Aaa6) before interacting. The audited token also shows just 7 holders and a $0.00 price on Etherscan, indicating minimal current adoption. Public beta and mobile app status should also be verified directly because these are important milestones in the project's roadmap. Never interact with a similarly named token without confirming its official address first.

For related research, see Billion Dollar Jackpot token sale.

Glossary

SolidProof audit: a completed smart-contract security review by an established third-party firm, offering independent verification of code-related security findings. PESW GATE: the project's described proprietary cross-chain bridging solution addressing blockchain gaming ecosystem fragmentation. Skill-based rewards: a gaming model where player performance, rather than chance, determines earned in-game value, distinguishing the platform from purely luck-based play-to-earn games.

Disclaimer

This content is for informational purposes only and documents a specific, independently reported sell-tax issue involving a separate, differently addressed token. This is not investment advice. Verify the exact official token address directly before any transaction.