Shitcoin of the Week #0

in #cryptocurrency7 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.