Hello,
I have this idea for an novelty/satire coin.
PUMP & DUMP COIN aka SCAM COIN
What does this coin promise to do or track?
- Absolutely nothing. This coin is solely made to enrich the guy who thought of it i.e. me
What is "under the hood"?
- A bunch of back doors that my dev team and I can utilize if "security reasons"/I just feel like it.
Who is behind this coin? Who is part of the team?
- Anonymous bitcoin forum user and other anonymous dev team members. Trust us, we are legit.
How many coins are available for the ICO?
- As many as you suckers are willing to buy.
Is there short term value?
- If you sell before the dump
What is the long term value?
- None
The white paper can be 1 page long with minimal info.
This idea came to me because of the frenzy in the alt coin space and I thought it would be funny if someone actually made this type of coin to see the response.]
Would there be any laws broken if I actually made this type of coin? Would it be considered deceptive?