This article details 10 of the weirdest cryptocurrencies available on the market today. This, of course, includes dogecoin.
Most mainstream cryptocurrencies include BitCoin, Ethereum, and LiteCoin.
But, as has been shown, there are dozens of cryptocurrencies available for a wide variety of uses from buying skins in video games to buying bottle openers and keychains.
What are some of the weirdest cryptocurrencies available?
1. It’s That Thing From Avatar – Unobtanium
You might remember the immensely successful film Avatar from 2009. The one where humans invade a planet on a mining expedition and nearly kill everyone/everything.
The expedition wanted to invade the planet because it had large deposits of the most ridiculously named resource — “unobtanium.” Well, naturally, someone went and named a cryptocurrency the same thing…kind of. This currency is called “Uno”.
The intro to their website plays through an anecdote about how gold used to be the standard. Bitcoin, in this story, represents gold. But, much like in real life, there are substances better than gold like platinum. Unobtanium is the platinum.
“It’s rare and fair,” it says, appealing to everyone. The creators value low inflation, fair distribution, and scarcity. It was not pre-mined and, years after launch, remains “highly collectible”, though it isn’t immune from price swings in the short term.
It’s an ambitious business model they have: allowing only 250,000 Uno coins to be mined over the next 300 years. It makes one wonder if Uno will ever become a true currency with such a limited supply.
2. It Started as a Simple Meme – Dogecoin
Inspired by the popular doge meme, this currency started as a total joke. Despite this, Dogecoin’s peak valuation reached around $2-billion USD as of January of this year and definitely holdest the title for the most successful coin of the weirdest cryptocurrencies.
Jackson Palmer, an Australian entrepreneur and technologist, created the currency as a joke. He thinks that the fact that his illegitimate currency reached such a high valuation signals endemic issues with cryptocurrency as a whole system.
Given that the current Bitcoin value is around $6,200 USD as opposed to its once-soaring value of near $20,000 USD, the issues may be dissipating or — to the dismay of many investors — the cryptocurrency bubble may soon pop.
3. Another Ether Rift – Useless Ethereum Token
There are many riffs on the AAA cryptocurrency Ethereum and this is one of them.
With a very clear take on the original, the logo sports a generally offensive hand gesture. The title of the currency maintains the theme, calling Ethereum tokens “useless”.
However, the ICO offers investors total transparency in its entirely value-less currency.
“You’re going to give some random person on the internet money, and they’re going to take it and go buy stuff with it. Probably electronics, to be honest. Maybe even a big-screen television. Seriously, don’t buy these tokens…” states their website.
My favorite part of this parody-heavy currency branding is the phrase “Might be secure, definitely not audited.” More than a little shade thrown against the unregulated ICO market in that phrase.
The craziest thing about this is that they generated $98,864 USD in contributions.
If the currency gains traction, whoever wrote the website copy (presumably, the creator) said they will “use some of the ICO proceeds to constantly and incessantly manipulate the market.” The website also says that UET doesn’t need to return your money. Hilarious.
4. Iä! Iä! Cthulhu Fhtagn! – Cthulhu Offerings
Shout out to the center of the Venn diagram of H.P. Lovecraft fans and crypto traders.
This currency plays on the legendary mythos and its main character: Cthulhu.
For the uninitiated, Cthulhu is a giant sea monster/humanoid elder creature from another dimension. He sleeps under the Pacific Ocean, awaiting release by his loyal cultists. Of course, true Lovecraft fans know that there are bigger baddies to fear.
However, the strangest thing about this currency isn’t necessarily the inspiration.
It is the fact that the coins/tokens play a role in the “religion” surrounding Cthulhu. In fact, they are a part of the “ritual sacrifice” of the lore. Coins become offerings, users become cultists, and they conduct mining via sacrifices.
The currency utilizes OFF to generate coins slowly, just like Bitcoin.
5. A Russian Exclusive – Whoppercoin
A food-based cryptocurrency seems like a total long shot. But the Russian sect of fast food chain Burger King thought a blockchain-based rewards program made sense.
So, they instituted a program where customers earn a Whoppercoin for every ruble they spend. When you get 1,700 Whoppercoins, you get a free burger.
So, if the cryptocurrency operates at a 1:1 ratio, that’s 1,700 rubles. When you plug that into a currency translator, it comes out to around $25 USD.
6. Sadly Not Alien Related – UFOCoin
The title and graphic do not, in fact, relate to aliens or unidentified flying objects at all.
“UFO” stands for “Uniform Fiscal Object”. It uses neoscrypt technology for stronger encryption and extra network protection.
Essentially, this means that almost anyone with a desktop computer can mine UFO coins.
Of all the currencies on this list, however, this one seems the most cogent. They advertise their proof of work, 90 second block time, total coinage (around 4 billion), and how many coins come per block (625).
There is automatic checkpointing to protect from attacks and eHRC (enhanced Hashrate Calculation), as well. Check it out.
7. For Crypto Enthusiast Dentists – DentaCoin
Could cryptocurrency be the thing that changes modern dentistry forever?
DentaCoin sees itself as the solution to preventative dental care and improving cost-effectiveness for both patients and dentists.
The video mentions that DentaCoin is already traded on many exchanges, but doesn’t really explain how it works exactly. But the coin is supposed to do more than just offer tokens, however.
It is supposed to make it easier to share data and medical records, pay for procedures, and trade materials and products. There is a supporting app, health database, and “dentavox” — the online market research platform.
Unfortunately, it only has around 4,000 dentists supporting it in just 9 countries.
8. The Once Prominent, now Defunct – Coinye
Coinye started as quite the hilarious spoof ripping on the trend of creating the weirdest cryptocurrencies possible. The official logo design also featured some refreshing design. It isn’t technically in circulation today, but I couldn’t make a list of weird cryptocurrencies without including it.
Sadly, Kanye West and his estate was none too pleased with the association.
Coinye soon became swept up in a trademark infringement lawsuit. West’s estate disputed that, since he had no affiliation with the project, Coinye could not use his “likeness”.
As a result of the lawsuit, the creators abandoned the project. RIP.
9. Complete With a Programming Language – Mooncoin
Okay, this one is definitely one of the weirdest cryptocurrencies, but only because of the moon thing.
The currency is limited to as many coins as the average distance between the Earth and the moon. It is adjusted for micropayments, available for everyone, and, supposedly, faster than Bitcoin.
It even has its own programming language associated with it known as MoonWord. The creators designed it specifically for record-keeping and coding for Mooncoin blockchain. You can use it on the decentralized app (DApp), as well.
10. Enhanced Anonymity on the Tor Network – DeepOnion
I have written about the TOR Network before as part of my Top VPN article.
DeepOnion offers the latest TOR integration along with instant confirmations, enhanced privacy, and multiple layers of protection.
Their website has these creepy animated avatars of their employees. But the network seems legitimate and it uses its own wallet for computers or mobile devices.
The company’s chief goal is user privacy, so much so that they guarantee anonymity and confidentiality for users. If you’re interested in it, you can find a complete review here.
This is an exciting time for new kinds of currency and the centralized vs decentralized debate, especially as an insight into the human imagination in creating the weirdest cryptocurrencies. However, you should still watch out for the many and varied cryptocurrency scams.