Purpose: To create a new crypto-meme currency inspired by the popular Netflix series Squid Game, with the goal of building a united community around the project and achieving great success.

Function: The project aims to function as a meme coin, potentially gaining value through community support and virality. However, the specific use cases or functionalities of the token are not explicitly mentioned.

Utility: The project claims to offer the "first real mega prize" in crypto-meme currencies, but the nature of this prize is unclear. Additionally, it aims to become the "token of the community," suggesting it may be used for governance or other community-related activities.

Differentiation: The project emphasizes its intention to be trustworthy and avoid scams associated with previous Squid Game tokens. It focuses on building a strong team and avoiding making unrealistic promises.