Useless Ethereum Token

Useless Ethereum Token (UET)

Confidence: 38%


Useless Ethereum Token (UET) - Reviews & Ratings

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avatar stellarowl12 186 rated: March 04, 2019 20:19:35

Loved this idea, too bad I didn't come up with it haha. It was hilarious, this guy told ppl explicitly NOT to buy his worthless token yet many people did. He also included a public estimate of how many flat-screen TVs he'd be able to buy from the "donations" people sent. Because of the radical honesty/transparency, I can't give this project too shady of a score. Yet it is anonymous and has no value except comedy so I can't give it the lowest Shady rating either!

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avatar Fiat Daily 107 rated: March 01, 2019 07:33:56

The name says it all: this was the most honest scam in history because the anonymous founder clearly states on his website that the token would represent nothing and that he would use the funds for his personal interest. Yet the ICO raised quite a good sum and proved the ridiculous excuberance of the 2017 ICO gold rush! This token even got listed (on HitBTC) and was actually traded for some time. But it is now a dead coin and the whole project has ended. I won't classify it as super shady because the founder was fully transparent about his "malicious" intentions. However, apparently there are/were copycats that were indeed maliciously trying to steal funds from people, so be aware of those too. 

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Market information:

Price (USD):$ 0.001848
Market Cap (USD):$ 7,330.28
24h Volume:$ 7.10

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