ICO Death Spiral Inspired Graveyard IdeaKemper says the idea of ShitcoinGraveyard was born in the depths of that market collapse. At the time, he was alarmed by the lack of information about sham ICOs. He also felt there was a need for comic relief for the crestfallen newbs who had lost money betting on worthless altcoins.
"With all the shitcoins piling on — going to almost 1,000 different bad investments - we felt there was a need for a sh*tcoin graveyard that can provide comic relief for the rekt shitcoin holders and educate at the same time. Never forget: Don’t give a sh*t! Except if you are visiting our site."
Team Has Compiled a Database of 4,000 CryptocurrenciesYannick Eckl, ShitcoinGraveyard’s marketing director, told CCN that his team has compiled a database of 4,000 cryptocurrencies. Of those, roughly 900 are "dead" based on their cratering trading volume and dismal social media buzz.
"The world needs a place for all the dead cryptocurrencies and tokens to rest in peace," Eckl says. "The last honor for exit scams, rekt coins, tokens, and digital cloud-castles - a place where rekt sh*tcoin holders get entertained and educated while waiting for the moon."
Failed Crypto Projects Get Final Resting Place In Altcoins Graveyard
