In honor of April 1st, April Fools' Day, CoinMarketCap analytics service placed the nonexistent Toilet Paper Token in the TOP 10 cryptocurrencies to the “zero” position, causing an ambiguous reaction from the crypto community.
We’ve lifted the lid on CMC’s first digital asset, the Toilet Paper Token. Our goal in launching TPT is to secure the community’s Right to Wipe. 🧻 With TPT, your roll quota is recorded on the blockchain. Get the details here! https://t.co/gHMs18Q5FW#crypto #TPT
— CoinMarketCap (@CoinMarketCap) March 31, 2020
A specific chart, “out of stock” instead of a supply indicator, and a jump in prices more than ten times beat the hype around one of the necessary everyday products in the context of a coronavirus pandemic.
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In the Wipe paper (wiping paper) of the project, it is stated that the history of the token goes back more than one century. The distinctive features of the TPT token are the use of dirty contracts, ISO (Initial Scattering Offering - the initial offer of unwinding), as well as a listing on the Shitake exchange.
To comply with regulatory standards, customers need to go through the KYC (Know Your Colon) procedure, which is interconnected with the proof-of-wipe (wipe proof) consensus algorithm.