CoinJanitor offers a recycling mechanism to simultaneously unlock value trapped in coins that are functionally dead and reduce dilution in the markets, through the amalgamation of
dead coin communities into the CoinJanitor community.
The network effect created through the amalgamation of
dead coin communities is the cornerstone of our value proposition.
The amalgamation of
dead coin communities and other dead coin assets under a single roof — the CoinJanitor project.
Unlocking value trapped in dead coins, adding value through the integration and amalgamation of
dead coin communities under the CoinJanitor umbrella to create a network effect, and allowing people to transfer that value openly into cryptocurrency markets will be the first step we take in that direction.
Not exact matches
CoinJanitor works by selecting specific
coins that have failed or are functionally
dead; contacting creators and
community members; buying their
coins out with the CoinJanitor token allowing them to transfer their value into the markets; burning the
coins it bought from these
community members and manually decommissioning the blockchains of those
dead or failed
coins afterwards.
As we integrate more
dead or failed
coin communities under the CoinJanitor umbrella, that network effect should grow, compounding the value of our token.
We aim to unlock value trapped in failed or
dead coins, add value through the amalgamation of deadcoin
communities and make that value transferable into the markets.
By opening the debate on
dead and failed
coins, the
community will start benefiting even before the public sale of the CoinJanitor token begins on March 15th, 2018.