We’ve reached Peak Crypto, in which the frenzy about its rise has now been exceeded the frenzy about its crash.
Case in point: HEXCOIN, which is such a ridiculous idea I actually spent more research time making sure it wasn’t a reprint from The Onion than I did the actual story:
Dutch DJ Don Diablo is well known as a music producer, DJ and influencer, who has worked on producing remixes for Ed Sheeran, Rihanna, Madonna and Coldplay, among others and is regarded as a significant figure in the Future House music scene. Hexcoin is Don Diablo’s attempt to create a monetisation platform for a shared VR/AR world called Hexagonia.
If you’re like me, you’re thinking “This is, by far, the dumbest cryptocurrency story I’ve ever read. Thanks, 5 Magazine.” True, it is a hilariously insipid idea clothed in all sorts of techno ornamentation, but please take it in. Years from now, you’re going to be asked about the Great Crypto Swindle and you’re going to remember the time when “Don Diablo” launched a cryptocurrency based upon another cryptocurrency which monetizes how long you look at fucking lasers and polygons.