Crypto Fun Facts | Funny ICOs

Crypto Fun Facts

Crypto Fun Facts

This week, in one of the regular Crypto News, we wrote about CryptoKitties and how the ICO received 12 million in funding from several investors. It is basically a game which lets its players breed virtual cats and store their “genetics” on the blockchain. Users will later be able to buy the cats as digital collectibles in exchange for Ether. Everybody knows that the Internet loves cats, so there’s no way that the project will fail. As interesting as this sounds, it is still not the craziest ICO conceived to date. Hearing the news prompted us to take a look at some other funny ICOs that took place over the years.

After talking about CryptoKitties, we couldn’t ignore Dogecoin, the prototype “joke” ICO. When Dogecoin was first released in December of 2013 to show that Internet users will invest in anything, everyone was understandably laughing. But who’s laughing now, when Dogecoin has a market cap of $400 million? Dogecoin has accomplished some great things over the years, including charitable causes like sponsoring water wells in Africa and sending the Jamaican bobsled team to the Winter Olympics. Most importantly, Dogecoin is the unofficial currency for tipping on the Internet.

Another kind-of wacky cryptocurrency is Potcoin, although now that marijuana is being legalized, it may lose some of its edgy counterculture punch after a decade or two – if it survives that long. Potcoin famously paid for Dennis Rodman’s trip to North Korea.

Talking about insane, what could be more insane than the Insane Coin? Apparently, a lot of things. While the coin talks about insanity all the time, what it proposes is in fact pretty sane. The only thing Insane Coin is insane about is crypto, being and control and protecting individual rights and freedoms. Apart from the rough exterior, it’s just like any other crypto underneath its wrappings. A bit disappointing, but also comforting.

There’s also the Useless Ethereum Token, which is basically just a sarcastic take on ICOs and a way to make fun of all the cryptocurrency scams. The coin is brutally honest about its uselessness and it tries to lay bare/expose the rest of the cryptocurrency space. Didn’t stop people from giving them money, though. The ICO raised $160,102.

It should come as no surprise that there are also various ICOs with lewd or explicit names, including FuckToken (FUCK), Penis (PNS), Titcoin (TIT), LustCoin and SpankChain. We’ll leave it up to you to google those.

Some ICOs were modelled after real people or their public images, primarily the notorious and huge TrumpCoin, as well as CoinyeCoin, which was forced to close after a cease and desist letter from Kanye’s lawyers.

Lastly, it is a well-known fact that for all ICOs you need at least a little bit of faith. Which makes coins such as JesusCoin and ChristCoin the logical next step in the evolution of ICOs. 

You know, when you think about it, in a lot of ways, funny ICOs are actually pretty natural. Of course, now everybody is talking about regulation and the fact that the majority of ICOs from 2017 have already gone off the radar, but there are still some other considerations to be made. When we talk about funny ICOs, we are not looking to disrespect the scene or to make fun of people’s dreams and passions. Quite the contrary, we are trying to honor them. After all, ICOs are about people who are fed up with the system, who are looking for new opportunities, creative ways of solving problems, for people who are trying to fund their projects outside of the cold, rigid, traditional avenues. And sure, many of them are scams and should be exposed as such, but so many more are just really talented people who are trying to achieve financial independence to be able to give back and do the things they were supposed to do in life – making the world just a little bit better for everyone else.

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Author: Max Rothstein

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