THELOGICALINDIAN - If you anticipation that action on deathmatch angry was cadaverous that hasnt got annihilation on CoronaCoin Its a cryptocurrency that lets users acquire accomplishment on their predictions over the cardinal of deaths and contagions that will aftereffect from the virus
CoronaCoin Rewards You for Betting on Death
The aboriginal above account bureau to advance with the story of the CoronaCoin was Reuters. It was again quickly best up by the New York Post, area the facts were anon skewed. Their commodity compares the CoronaCoin to BTC. “The Bitcoin-like cryptocurrency,” it says.
Needless to say, the mother of all sh**coins is not one bit like bitcoin. It’s based on the ERC-20 protocol, instead. And conceivably the saddest affair about this grotesquely aberrant new badge is that it will apparently be absolutely successful.
What’s CoronaCoin backed by? The COVID-19 virus itself. And it has an in-build absence to accomplish your claret run cold. The cardinal of accessible tokens accessible decreases as added bodies die.
Its accumulation will abate every two canicule based on the amount of new cases, according to its website. This agency that its amount will acceleration as added fatalities aftereffect from the virus. It calls itself:
Just When You Think It Can’t Get Any Worse
If you anticipation it was a ailing joke, sadly, it’s not. The CoronaCoin apparently highlights best of what’s amiss with the cryptocurrency industry–and altruism in general.
And it gets worse. Guess how abounding tokens were issued? A set cardinal of 7,604,953,650–to represent the estimated all-around population. The website reads:
As of the time of writing, 92,013 tokens had been burned.
One extenuative adroitness for CoronaCoin is that it wants to accord article aback for the accumulation it makes off of all that animal suffering. Apparently, its creators will accord some 20% of its account accumulation to the Red Cross. Whether or not the Red Cross will accept donations in CoronaCoin is addition catechism entirely.
What do you accomplish of the CoronaCoin cryptocurrency? Add your thoughts below.
Images via Shutterstock, Twitter @Corona_token
