Shitcoin of the Week #0steemCreated with Sketch.

in cryptocurrency •  7 years ago 

Cause everyone can review good coins i will make the total opposite.
Every week i will review one Shitcoin, which will be total bullsh***.

To qualify as a Shitcoin it has to minimal reach a score of over > 10.
As a further requirement the market cap should be at least 1 Million USD.

The following list describes, how a Shitcoin can earn points:

  1. it has a no working website ( +1 points)
  2. the website is rented out via godaddy ( +2 points)
  3. it could not even afford a own TLD domain ( for example a wix website ) (+ 3points)
  4. no reference to the names of the development team (+2 points)
  5. the development team is completely anonymous (+3 points)
  6. the premine is > 20% (+1 point)
  7. no source code for the wallets (+1 point)
  8. no purpose other than as a currency (+1 point)
  9. last git commit more than > 8 months ago (+1 point)
  10. BONUS: only one git commit (+3 points)
  11. BONUS: is used in a PUMPnDump scam. (+2 points)

........ and now
Introducing the first Shitcoin of the Week.

VIDZ - Decentralized Streaming WebTorrents

It has no working website(+1), no development team/work(+1), only one commit(+3 points), only one anonymous github account (+3) did the commits and the development team is completely unknown.
They also state in the bitcointalk thread: The 3 key holders will be ourselves :)
Furthermore it was recently abused in a PumpnDump (+2 points).
I also have to give this coin 3 bonus points for their active twitter account, which still posts random movies all day long.
... and recently coinexchange announced VIDZ/BTC is added to their trading platform hillarious!

A solid 11 points!!

If you find this hilarious and want more upcoming post please upvote :)

If you have points i should ad to the list please share them with me in the comments.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Haha, nice one.