We all know of plenty of altcoins that have real value and tangible utility. But once in a while it’s quite fun to have a look at those that… just don’t.
Some pretty crazy crypto concepts have been cooked up over the years - here are some of our favourites.
It may no longer exist, but back in 2014, Coinye West was a thing. Briefly - until Kanye West sued the living daylights out of it.
The Coinye creators initially responded to the lawsuit by removing all references to the rapper and replacing his image with a sunglassed-fish version of him. Needless to say, they didn’t quite get away with that either.
The project was eventually killed off altogether, just a few months after its inception. And the saddest part is the team were merely Kanye fans, trying to pay homage…
Useless Ethereum Token (UET)
The world’s first 100% honest Ethereum token is proud of its commitment to transparency - it claims to transparently offer investors absolutely no value.
So why buy UET? Well, according to the website: “You’re literally giving your money to someone on the internet and getting completely useless tokens in return.” That clears that up then.
A personal favourite: Burger King Russia created a crypto-burger-rewards-scheme on the Waves blockchain in 2017, to help loyal customers earn themselves a free Whopper.
A translated statement from Burger King Russia at the time claimed that “eating Whoppers today makes for a financially prosperous tomorrow.”
However, with customers given one WhopperCoin for every rouble spent, and a free Whopper for every 1,700 coins - it seemed like a bit too much effort and not enough incentive for many.
Today, WHO is only listed on one exchange and unfortunately doesn’t appear to be doing much trade.
No crazy crypto list is complete without the POTUS’s unofficial token, TrumpCoin. Aiming to “make crypto great again”, the coin is dedicated to supporting Trump’s presidency as a political action committee you can invest in.
There are six million TrumpCoins available for purchase, with 200,000 of these set aside in a “Trump Fund” to be donated to his campaign. Great news for Donald - if there weren’t unsettling rumours suggesting the developer might have been trying to steal the Trump Fund for himself…
Then there’s Garlicoin. Which… is a bit of a mystery to everyone. Born from a joke, it now markets itself as a fully fledged crypto, with similar features to Litecoin. We’re not 100% sure of its intentions, though. Or relation to garlic for that matter.
There you go - some weird and wacky cryptocurrencies for you. There were almost too many to choose from… let us know your favourites!