TechCrunch was onto BitConnect last year

Here's the some of the "elevator pitch" lines from the excellent article at https://techcrunch.com/2017/11/19/100-cryptocurrencies-described-in-4-words-or-less/

Bitcoin         | BTC   | Digital gold                             
Ethereum        | ETH   | Programmable contracts and money         
Bitcoin Cash    | BCH   | Bitcoin clone                            
Ripple          | XRP   | Enterprise payment settlement network    
Litecoin        | LTC   | Faster Bitcoin                           
Dash            | DASH  | Privacy-focused Bitcoin clone            
NEO             | NEO   | Chinese-market Ethereum                  
NEM             | XEM   | Batteries-included digital assets        
Monero          | XMR   | Private digital cash                     
Ethereum Classic| ETC   | Ethereum clone                           
IOTA            | MIOTA | Internet-of-things payments              
Qtum            | QTUM  | Ethereum contracts on Bitcoin            
OmiseGO         | OMG   | Banking, remittance, and exchange        
Zcash           | ZEC   | Private digital cash                     
BitConnect      | BCC   | Madoff-like investment fund              

There are more (100) --see the full list at https://techcrunch.com/2017/11/19/100-cryptocurrencies-described-in-4-words-or-less/