Useless Ethereum Token

in #blog7 years ago

All that have heard of the Useless Ethereum token, say "I". Can somebody please tell me, in a day and age where the average American mortgage debt is $172, 806 and the average American school loan is $49, 042, not to mention the combined average credit card debt is in the trillions, is anyone finding any spare money to invest in this trash, this joke, this jest?

I can't believe the fact that some troll even had the gull to conceive this idea past an utter thought. But here it is, ladies and gentlemen. Let us just take one wholesome look at this bloody dick yank for a minute. USELESS Ethereum Token. A coin that does absolutely nothing and, as indicated in it's name, is absolutely useless. I mean, regard the first thing you see when you come to invest in this. Right at the top of the page, the creator of this token says "seriously, don't buy these tokens". I can't imagine that he/she wouldn't have even imagined the outcome!

Reference 1.png

And if that wasn't any indication that maybe you shouldn't put your hard earned dollars into this, the logo for this token is a one big "fuck you" to everyone that invests, literally, I mean take a look!

Reference 2.png

I think to myself, "No, this crap can't be real. Someone isn't actually making money with this unimaginable, unfunny prank on the current state of cryptocurrency and this ICO craze", I pinch myself and then realize, "no wait, this is 100% real. Someone(s) actually did this, and someone(s) actually invested in this and someone(s) actually made money off this…a sizeable amount of money off this. WTF?!

Now how much is sizable you ask, after you take a moment and think "I should have thought of this, paid someone on Fiverr to design me one crappy but honest page and raked in some easy money". Well let's take a look at these details;
Reference 3.png

That's right, as of July 6th, 6:06pm in the evening, 120.109 ether has been contributed to this jest. That's a total of $31,591 worth of ether at it's current price. You know what's even crazier? This is still going up as I typed this. You know what's even crazier than that, look at the commentary under the Ether contributed column; "I had a feeling someone would waster their money", he/she says. The creator makes no attempts to hide investor stupidity in this coin and mocks you all throughout this page. Yet, the people continue to invest, in droves.

So now you're thinking "wait…is this a joke? Is it a scam? What's discussed in the whitepaper that actually makes it so valuable? Is there even a whitepaper? What does this token do? No worries, this is all answered in the bloody FAQ on the page. Go ahead, have a read.
Reference 4.png

And to add insult to injury, this jest was released onto the market HitBTC at a whopping $58.03 USD at it's ATH (all time high).
Reference 5.png

This token has no platform, no intrinsic value, it doesn't solve any problems in real life or in the blockchain community. Like seriously people. Do I need to even say anymore? Someone please tell me that this is in fact some actual joke and that I've got my research and facts all wrong. Someone please tell me someone actually didn't make this token and that people actually didn't invested in this. Is this considered a novelty? Am I missing something? It's these types of projects that might threaten to make cryptocurrencies look like they are nothing but the new marbles or Pogs of 2017.

Rant done ~

And no I am not salty, bitter or jealous, I'm shocked and disappointed.

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