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Useless Ethereum Token

The world's first 100% honest Ethereum ICO

The UET ICO transparently offers investors no value, so there will be no expectation of gains. No gains means few investors, few investors means few transactions, and few transactions means no Ethereum network lag—not to mention no depressing posts on /r/ethtrader about people losing all their savings!

1.0
7 6 expert ratings
Benchy 0.9
Experts
1.0
1.0
1.0
View rating distribution
~$80,520
value of tokens sold in ICO
Trading
0.00 USD
From HitBTC on 2018-11-19 16:10:04 UTC
Token
Price in ICO
0.0200 USD
ICO start
4th Jul 2017
ICO end
11th Jul 2017
More on ICO
Report

About Useless Ethereum Token

First of its kind ICO


Let's be honest—everyone's tired of ICOs. They get hyped up for weeks, and then they launch and clog up the Ethereum network for days, Coinbase goes down for a while, and then “investors” see the new tokens lose most of their “value”. This ICO is going to be different.

The UET ICO transparently offers investors no value, so there will be no expectation of gains. No gains means few investors, few investors means few transactions, and few transactions means no Ethereum network lag—not to mention no depressing posts on /r/ethtrader about people losing all their savings!

Might be secure, definitely not audited


I learned all about Ethereum smart contracts and Solidity over a weekend so I could launch this ICO. Most of the smart contract contract code is copied from GitHub and Stack Overflow posts, so it should be pretty much right… right?

Also, I definitely didn't have any smart contract experts look at the contract before I launched it. I mean, why bother? All the other ICOs go through weeks of auditing and they still end up with bugs and vulnerabilities in their contracts.

Guaranteed token value


Unlike with every other token sale on the market, I can guarantee here and now that the value of UET will not (in fact, can not) reduce during or after the ICO. Since these tokens aren't worth anything to start with, there's nowhere to go but up!

But remember—this is a completely honest ICO, which means I don't want anyone to mistakenly expect the value of the tokens to go up, either. They're called Useless Ethereum Tokens for a reason.

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