What dead crypto currencies do you know?
What are the possibilities for crypto currencies that almost can't be exchanged any more?
Do you have any ideas how to make money on big amounts of abandoned cryptos?
I've had an idea for quite some time now, and yet to see any success (or real effort) in the creation of a blockchain, or some sort, of asset that derives value from shitcoins.
Idea can be really novel, accepting any investment/token or asset that has any value, and issuing a new crypto (pegged at a certain valuation), where those shitcoins can be traded in for. Those shitcoins can all be eventually be burned off, thus creating a unifying crypto (for those who participated), even swapping in shit tokens for eternity, proportional to the cost of the new crypto asset.
This would be a legit project, based around community/investor participation, how a crypto should truly be.
I don't have time or the real desire to create any crypto anymore, i mostly advise teams in creating successful projects these days. Idea is open for anyone; would love to see it come to fruition some day, could be quite lucrative for whomever aswell
There was a coin over at poloniex ages ago (coinsource? or a similar name) that did a 1-1 swap for dead coins. And unlike a lot of 'cleanup' coins, a working wallet wasn't a requirement. Instead they accepted a screenshot of a wallet, with a general limit on how much would be given out -- as otherwise folks would fake it and abuse the giveaway.
That could work again, if anyone out there ever felt like making a Lazarus coin and bring dead coins back to life.
Otherwise with no working blockchain, I guess tax loss harvesting is the only way to get anything out of it? You may need to destroy the wallet or do something like that to prove the loss... not entirely sure what is required, but a tax guy would know.
Coins Source was quite different, but we did aid in this area somewhat. I was the founder/ceo/creator of Csource btw
https://cteadvisor.com/about/Interesting you remember.