TLDR: We used UMA’s Synthetic Token Builder to create an ERC-20 token that tracks the frequency of poop sightings as reported by San Francisco’s SF311. The holders of the token “profit” the more shit reported; the “issuer” wins if shit goes down.
Such a system could be used to align the incentives of local government: the city of SF could issue “shit coins” to credibly commit to fixing the homelessness problem (and earn a profit if they succeed); residents of the city of SF could buy shit coins as an “emotional hedge”—they make money if the problem gets worse.
The Tron Foundation gives away 50 mln TRX to the Super Representatives, while a crypto trader goes bullish on the TRX price
Ripple’s argument that an XRP holder waited too long to file suit has no precedent, a new legal filing claims.
There are numerous cryptocurrencies that are nothing more than copies of other cryptocurrencies with marijuana logos slapped on. Perhaps the developers of these cryptocurrencies were running dry and decided to do an ICO or premine in order to fill their war chest with marijuana. Whatever the motives may be, the human race has created 18 weed-themed cryptocurrencies. Each one will be reviewed and properly burned on this link.
Serial swindler, Dan Larimer, who conned his way into becoming a Blockchain Billionaire, was awarded the “Guinness World Record” for most crypto exit scams. Larimer, who is best known for his role in creating popular hit scams such as Bitshares, Steem, and EOS received the award after brilliantly exit scamming EOS in October and announcing plans for creating his fourth new shitcoin. Dan Larimer responds: “I have this brilliant idea to tell people I can create a better Bitcoin. People believed me three times already. Why not four?”