In the beginning, there was Bitcoin - followed by several thousand other crypto-currencies trying to make names for themselves. Almost immediately people started getting excited and dumping their money into these big ideas for de-centralized currency systems. And even more immediately, people on the internet started making fun of these coins. One of the first satirical crypto-coins was DogECoin, based on the famous DogE meme. Much coin, much wow. DogE coins themselves are still not worth much today but they have millions of dollars invested in their market cap. Somebody out there probably has a buttload of DogEcoin and they are just waiting for the price to pop (lol).
Now that coins are following in the footstpes of Tech stocks, with the new craze - initial coin offerings - we are seeing a new boom in satirical crypto-currencies. Among the latest are 2 of my favorites, the Useless Ethereum Token (UET - https://uetoken.com/) and Fuck Token (FUCK - http://www.fucktoken.io). Both these coins take jabs at other cryto-coins that are trying to make serious ICO's - claiming that they are all basically BS with tricky lingo that are trying to get you to waste your money.
While UET is probably one of the funniest coins I've come across, I don't see any long term use for it - in fact the creator doesn't either. This coin was specifically created to mock other coins and to make people feel stupid for getting involved in these ICO's. My favorite line on the website: "Why are you doing this? Who knows? Maybe it's because I lost money in the GDAX flash crash. Maybe I got inspired by the guy who crowdfunded the potato salad. Maybe I'm just way too bored and need a better hobby." Realistically, I won't be investing anything in UET - however several people have so far and the market cap on that coin is well over $50,000 lolololol.
Fuck Token on the other hand seems a bit more useful. I haven't been very active on reddit but I have a pretty large twitter following. I have been working hard on twitter to gain followers and to write interesting things that keep people around. Fuck Token acts like Steem tokens in the way that people will be able to sell out and collect Fuck Tokens on social media by creating or viewing interesting content. Had Fuck Tokens been around for the last few years, more people probably would have given fucks about my work - literally. I look forward to seeing where this coin goes. The marketing behind the coin seems quite good and the bounty incentives seem interesting - hence this very article. By writing this article, I have been promised a bounty of 1000 Fuck Tokens. If you read the white paper (downloaded from their site), you will find several ways to earn bounties of thousands of fuck tokens. It actually seems like a promising coin as well. It might never be worth the value of Ether, mainly because it is built on ethereum, and it will probably never outshine bitcoin - but I like seeing these coins popping up that are meant to be used by the everyday person. It will be something. And people definitely already give a fuck in real life, it's time for regular people to give a fuck about the crypto world.
The initial coin offering begins today, July 13th, and will have a hard CAP of 400 ETH. The total amount of coins initially being offered is 70,856,775.0000 FUCKs.
I must warn that I do not advise making large investments in ICO's. I prefer to watch and wait. Good luck.