Ok, No Hyped rocket ships, but I want to run something by you guys.
What would the perfect Crypto coin look like?
Seriously. Think about it.
- BTC is the grand daddy but is slow
- MEME coins could be argued as a passing fad.
- ETH has its place, but also has its negatives.
Imagine a coin that is completely decentralized; every token in existence is owned and controlled by the Community that supports it.
I mean truly decentralized.
The supply is fixed. And there is no central figure or organization.
No more coins can ever be created; the minting keys are burnt. As a result, the price can't be controlled by developers, or a foundation, or a vesting schedule, or some sort of computer algorithm; instead, intrinsic value is determined by old-fashioned economics - supply and demand. It would have to be cheaper than bitcoin and faster than ethereum; in fact, it would have to be demonstrably better than any other top ten coin.
In summary, it would be the purest, fastest, cheapest, most-democratic medium of exchange the world has ever known, and it would be all that right now - in the year 2021.
Now, the problem with such a cyrptocurrency is no one would actively develop it; there's no fiduciary interest in simply creating coins, then releasing them. No one ever got rich, or even kept their job, by wasting resources. But what if the special circumstances of a black-swan event compelled the developers to make decisions they wouldn't normally make?
Well, they did.
And what if those decisions inadvertently created a coin with no owner, no foundation or governing body, no one who could or would manipulate the price?
And they did that Too.
Don't only the harshest circumstances, the most severe, acute conditions, typically create the purest, rarest, most beautiful objects on earth?
They did, and they do, because the cryptocurrency TITAN i(IRON TITANIUM COIN) is as pure, rare, and beautiful as a diamond.
It's a completely decentralized, entirely vested, fixed supply coin that runs on the Polygon Network, so it's cheap, fast, and reliable.
The Black Swan Event
Originally developed by Iron Finance as part of their collaterized stablecoin project, its value crashed from $65 to $.00000002 in ONE DAY after some sort of "bankrun" occurred in decentralized finance. In a marketplace accustomed to drama and uncertainty, it was possibly the most dramatic, most catastrophic collapse in the short history of cryptocurrency:
As a result of this collapse, Iron Finance severed their relationship with TITAN forever, determined to start again. They renounced ownership of the coin, and burned the minting keys.
https://twitter.com/IronFinance/status/1410527504079654912
They simply abandoned it, let it go. And now it simply exists - as big, wild, and free as the most ardent cyberpunk's dream. It's an outlier, exceptional not for what it once was, but for what it has become.
And that's the most fundamentally perfect form of democratic cryptocurrency the world has ever seen.
The Opportunity or Why Should You Care?
Today (3 NOV) the coin is trading at $0.00000100
(you want to look up the TITAN, Iron Titanium coin, not the other TITAN)
The highest it ever traded at was $64.
With the burnt keys, limited supply, a huge opportunity awaits.
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