These cryptocurrencies are nothing but funny

Perhaps when it comes to cryptocurrency, everyone's first reaction is Bitcoin, Ethereum, and Ripple. But in fact, in addition to these, there are thousands of other cryptocurrencies. Some of them are truly meaningful. Some of them have no meaning at all, and many of them are relatively common and lack special features.

The reason why so many different types of cryptocurrencies have emerged is that almost everyone can create their own cryptocurrencies based on Ethereum at this stage. There is even a dedicated application on the market that automatically helps you create your own cryptocurrency.

Therefore, in recent years, there have been hundreds or even thousands of strange and meaningless cryptocurrencies on the market, some of which are also slightly rough. To put it bluntly, if you really want to, you can have an electronic wallet full of dirty tokens. And, even more exaggerated, you can earn money with some electronic wallets full of dirty words tokens. 

Here, I will introduce 3 kinds of strange and useless cryptocurrencies.

1.Yenten

An electronic currency called "yenten (ytn)" ("yenten" in Japanese means "Japanese yen from heaven") can be used not only for online shopping but also for "changing money!" Is there such a good thing?

Since 2001, L&G, a Japanese bedding company, has begun selling this product to investors. Investors can receive “yenen” on their cell phones and can use them in the flea market or online. Not only that, the company also promised that even if it does not consume, as long as the deposit of 1 million yen, you can get a 9% dividend every three months, the annual rate of return as high as 36%.

In 2009, the company’s chairman and other 21 company executives were arrested by the Japanese police and accused of organized fraud. A police spokesperson refused to confirm the specific amount involved, but according to relevant sources, the amount involved in the case may reach 226.5 billion yen, or about 2.5 billion U.S. dollars, becoming the larger fraud case in Japan so far. Since then, "Japanese yen from heaven" has broken into hell. And in addition,if you have checked the yen price chart, you may found that yenten’s price to USD didn’t performed well this year.

2.GeoCoin

GeoCoin (geo for short) is a real map treasure hunt game. Reaching the designated location on the map can get the corresponding geo currency reward.

A geocoin is a symbol of metal or wood, cast in a similar manner as a medal, symbolic coin, military challenge coin, or wooden nickel coin for geocaching. The first geocoins were developed by Jon Stanley. Many people can track their production on the website so that visitors around the world can leave a comment when they discover it. A geocoin is usually 1.5 inches to 2 inches in diamete,r and 0.098 inches to 0.16 inches in thick. A coin that is 1 inch in size is called "macrocoin".

3.Titcoin

Titcoin (short for tit or tits), it seems to be a legitimate token item, although there is no future. The goal it sets for itself is to become a payment method for adult content consumption. Although in essence, this is not a bad idea, but in real life, there are not many partners who can accept this cryptocurrency. In January of this year, its price also rose sharply, rising from almost zero to 0.06 dollars. However, Its current trading price has dropped to 0.0074 US dollars(1 titcoin=0.0074 usd).

Some people strongly criticized these types of cryptocurrency. They firmly believe that these three currencies are useless, and who are buying who are stupid. Although my level of aversion to these types of coins is not that strong, I am really not optimistic about them, especially yenten. For these small currencies, investors should be more cautious, of course, this does not mean that I deny all small currency, in contrast, some small currencies are still worthy of attention, such as dew. These are just my personal opinions. If you have different opinions or good ideas, you can share them.