So if I get this straight, would this mostly be useful for people who do day trades?
Sounds like a cool idea hahah. I had a similar idea a while back and planned on building it but never got around to it.
I can see a lot of potential for day-traders - though it sounds like death for HODLers.
Topic: [ANN][ICO] Hot Potato Coin - Limited Lifespan Token - ICO Live Now! (Read 111 times)
January 12, 2018, 06:10:38 AM
January 12, 2018, 03:10:42 AM
So If I get this right, tokens selfdestruct after one month, and value increases and you have to sell before the end not to be left with any hot potatoes?
Genius
Like the idea!
Gonna buy some
Genius
Like the idea!
Gonna buy some
January 11, 2018, 09:28:52 PM
WEBSITE | WHITEPAPER
Hot Potato ICO Live Now!
Hot Potato is the world's first limited lifespan token. Every 30 days, all remaining tokens self-destruct.
COIN INFORMATION
Token Name: Hot Potato
Symbol: HPO
Decimals: 18
Type: ERC-20 Token
Hot Potato ICO Live Now!
Hot Potato is the world's first limited lifespan token. Every 30 days, all remaining tokens self-destruct.
COIN INFORMATION
Token Name: Hot Potato
Symbol: HPO
Decimals: 18
Type: ERC-20 Token
What is Hot Potato
If you are anxious about not knowing when that new altcoin you bought is going to stop increasing in value, or if you should have held them just a little longer - this is the token for you. Built on the revolutionary HOTPOTATO protocol, Hot Potato Coin allows you to stop worrying about how much the tokens are going to be worth in the distant future and focus on what's important today.
ICO Structure
The ICO lasts for the duration of the month, resetting every 30 day cycle. The price goes up following an exponential curve - 10x every week, before each reset. This allows the market to decide the threshold at which to cease the token sale.
What Can You Do With Hot Potato?
Almost anything you can do with cryptocurrencies, you can do with Hot Potatoes: you can buy them, sell them, buy them again, sell them again.
Unlike other ICOs, we promise that Hot Potato will never have any real-world use, and that all price movement will be completely speculative and arbitrary. Only thing you can't do is keep them for too long, so make sure to sell them before the 30 days have passed!
Our Commitment to Hot Potato
Stay tuned for new updates on bounties, faucets and availability on exchanges.
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