See ETH ICOs Craze? Meet Useless Ethereum Token!

in #ethereum7 years ago

Anyone checking cryptos right know is aware of crazy Ethereum based ICOs that mostly pay out really good.
While some of this tokens are really coded new things on the network many are just a copy-paste template of ERC20 to get funding.

So for laugh (just like DOGE long ago) some guys made a token called - Useless Ethereum Token UET.

ICO Investment

Sounds like trolling right? Well it just got real. Its trading!

HitBTC exchange that ive already spoke of here few times added it and its running already with volume.


Of course it just started, first trades are always super big on markets and we see 100% off later but the interesting thing is the coin actually getting an exchange with volumes.

TLDR; Coin was made for lulz but remember where DOGE is now!

Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips!

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lolz awesome, thanks for finding this.

True Flip {ICO} - Already running a transparent blockchain lottery! Bomb! Bonus 20%! Hurry! :)
The platform is already working and making a profit :)
https://steemit.com/ico/@happycoin/true-flip-ico-already-running-a-transparent-blockchain-lottery-bomb-bonus-20-hurry

I'm making the crypto world friendly and accessible for everyone by explaining acronyms and terms related to cryptocurrency. Here I found:

ICOInitial Coin Offering is a means of crowdfunding the release of a new cryptocurrency, the tokens being sold to raise money for technical development
ERC-20A token standard of Ethereum, which defines a common list of rules for all Ethereum tokens to follow, meaning that this particular token empowers developers of all types to accurately predict how new tokens will function within the larger Ethereum system

Please upvote for visibility. If there are any missing terms here you want to be added to the database, please comment, so I'll become better.

Section 13. All additional funds, not being utilized, will be used for the building of a space elevator tethered to the earth, in the effort to disrupt transnational and corporate efforts to privatize space exploration.

Very nice of you to do for those not aware. Thanks :)

haha so funny. is it difficult to create a coin?

Not at all. I've created our own YEHEY coins. You can buy our coins using SBD or STEEM
https://steemit.com/ethereum/@yehey/we-now-have-our-own-yehey-coins-cryptocurrency

Check it out.
Follow me @Yehey

ERC20 tokens are almost a copy-paste

I'm buying that coin.. is it ok?

Useless Ethereum Token UET - lol this is crazy :))) .com bubble

super easy

No it is not difficult to create a coin. This stuff is magic for real!

Wow, this scam is going on a whole new level and is getting a little out of hand. I guess there will always be a greater fool.

Scam? Who's scamming who?

I don't think it in scam. This token is a joke coin blatantly making fun of how many ICOs have been launching and the investors willing to Shell out cash and risk it all for a project and team they may know nothing about.

A friend just showed me the ICO website for this.
It may be a parody coin but hes thinking of getting involved.
The internet loves meme's this could work.

Thanks @kingscrown
I want to buy ethereum but i dont know which wallet i will use please help me to select wallet.

Just an amazing post as usually you do on topic of cryptocurrency.

Thanks @

I recommend to use
https://www.myetherwallet.com
Or install metamask chrome extension
MetaMask is a bridge that allows you to visit the distributed web of tomorrow in your browser today. It allows you to run Ethereum dApps right in your browser without running a full Ethereum node.
https://metamask.io
(I use both - I.e. Imported myetherwallet to metalask)

Here use my wallet for ETH: 0xe136c02c0c6263672bc45d12a3176e0571ea28c3

https://www.ethereum.org/
you can download ETH wallet here

THAT'S AWESOME!!! HAHAHA

Ahahah great! You have a new follower, man!

lol

crazy? - indeed
surprising? - not at all :-)

The king's(crown) new clothes!

Looks stupid and crasy but also fetching money. It is a dilemma right now. I hated dodge for being a joke coin but hei people are still making a living through it so never say never.

Justin Bieber yoww

Yes!!! Never say never.

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