If you have been involved in the world of altcoins like I have been, there aren’t too many funny things taking place. That has changed though, ever since RipOffCoin has launched. Apparently, this is the most honest scam we have ever seen!
RIpOffCoin is targeted at the elites of trading who have a vast understanding of the inner workings of cryptocurrency. RipOffCoin will rise like a phoenix and shoot past the moon pretty fast. The developers are ultra-super-competent!
RipOffCoin has no pre-mine! Honestly! Ok , ok, fine, there is a hidden 1.125% pre-mine. But that’s it. No other hidden features! Except maybe for that ninja IPO of 1.125%… THere will be atotal of 12 million RIPO, which can be mined through the Scrypt algorithm.
But what would this fun, awesome and competent Scrypt altcoin be without some special block rewards, right? All of the first 10,000 RIPO blocks are special, with very special rewards. You can check out the block reward structure here.
As far as the additional RipOffCoin features go, this coin has been blatantly ninja launched. In order to do some promotion, over 2,000 Twitter followers were bought. Escrow isn’t needed for this coin either. THere weren’t even compiled wallets available at launch!
RipOffCoin does have one of the best whitepapers I have ever seen. No big words, no fancy colors and schematics that draw your attention away from the actual content. It’s the way a whitepaper should be. Take a look here.
RipOffCoin also think about the future, as they offer a variey of serivces. Coordinated DDoS attacks, ProofofStupidity rewards, RIPOTrade, RIPOBlubberOut (for your sad portfolio), file sharing, Tor integration, and mixing features. The mixing features involve a real mixer and a turntable.
If you are looking to trade RipOffCoin, you are sheer out of luck. This coin is a Mt Gox operation and that exchange has been closed.
In case you still haven’t figured it out, this coin is pure sarcasm and tons of fun to write about.
BitcoinTalk thread : https://bitcointalk.org/index.php?topic=721006.0