According to the squid project’s whitepaper, the token is a play-to-earn cryptocurrency inspired by the South Korean streaming series where contestants play games that can end in riches or death .
Read moreHow do I sell my Squid Game?
Specifically, users must hold so-called “Marbles” tokens in order to sell a certain amount of SQUID , the white paper notes: “If you hold some Marbles, you can sell certain amount of SQUID at any time you want on PancakeSwap. After you sell some SQUID those Marbles in your wallet will be automatically burned.”
Read moreCan you sell Squid Game token now?
The token will allow holders to compete in online games inspired by the show—but it’s been labeled a scam.
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