9 Cryptocurrencies with Bizarre Name Origins

If you’ve only peered through the magic curtain, crypto can be a little perplexing. But that is precisely why we are here. Today, we’ll take a look at a few cryptocurrencies and the backstories behind them!

1. Cthulhu Offerings

The coins are used as a ritual sacrifice for the iconic Lovecraft monster, and are named for him! This is a direct quote from the webpage.

“As the equinox approaches, we begin the ritual; four weeks and five days long it builds until Cthulhu awakens and one worshipper is rewarded greatly…During the last five days, the ‘Tharanak shagg,’ or “promise of dreamland,” the ritual reaches the final pitch, and the daily special blocks are highly increased. Finally, Cthulhu will return after the xxx665th offering has paid tribute to the Great Old One, and he will bestow a bounty deserving of Him upon one lucky worshiper. All hail Cthulhu.”

2. FuzzBalls

This coin can be used to purchase gifts or to host parties. In the Fuzz shop, you can also get keychains and bottle openers. According to the coin’s website, you mine this to present individuals in IRC groups or Chat rooms. Small gift items, including keychains and bottle openers, will be introduced to the FUZZ shop over time and will be available for purchase with FUZZ or equivalent BTC.

3. Unobtanium

It is platinum to bitcoin’s gold, according to the cryptocurrency’s website. It is named after the mythical metal Unobtanium, which is very rare and only found in the moon Pandora’s core. Over the next 300 years, only 250,000 Uno coins will be mined.

4. Coinye

Coinye, previously known as Coinye West, is a defunct cryptocurrency. Although it bears Kanye West’s name, the musician has nothing to do with it. In reality, it was sued by West and his lawyers for trademark infringement.

5. Putincoin

Putincoin was “made to pay honor to the people and the president of one of the world’s largest and best countries: Russia!” It was named after Russian President Vladimir Putin. The PutCoin is a popular nickname for it.

6. Trumpcoin

While Donald Trump isn’t directly affiliated with the cryptocurrency, Trumpcoin’s website claims that it seeks to “integrate itself into Donald Trump’s agenda” and “assist in funding domestic and international projects.”

7. Potcoin

The name comes from the fact that PotCoin is aimed to provide a decentralized banking infrastructure for the legal cannabis business. On a decentralized network, Potcoin provides a banking solution that connects cannabis businesses and consumers.

8. Ethereum

One of the book’s authors, Vitalik Buterin, came up with the name after looking through a list of science fiction components on Wikipedia. Anime was the inspiration for the name. Vitalik Buterin was influenced by Hayao Miyazaki’s Laputa: Castle in the Sky.

9. Dogecoin

Dogecoin is a satirical bitcoin parody. It was called after the renowned Shiba-Inu meme and began off as a prank. It was designed by software programmers Billy Markus and Jackson Palmer to mock the many cryptocurrencies available on the market.

Well, this is one place where you must be inventive, or you will be judged!

UniFarm is a one-of-a-kind staking solution where the best projects in DeFi space come together to provide value to investors. UniFarm allows you to stake one token but earn multiple high-value tokens, so in addition to a great APY, your returns are automatically diversified as well.

One thought on “9 Cryptocurrencies with Bizarre Name Origins

Leave a Reply

Your email address will not be published. Required fields are marked *