CoinJanitor (JAN)

CoinJanitor, the crypto

CoinJanitor is a unique blockchain project that aims to clean up the community of inactive or failed cryptocurrency projects that failed to deliver value for their investors. It does this by buying out these failed assets, called dead coins, and then using their underlying technologies to improve the existing cryptocurrency projects and communities.

The point

The main point of CoinJanitor is to help clean up the cryptocurrency industry of failed projects, which can cause confusion, fragmentation, and a lot of wasted resources. Its goal is to facilitate the transfer of value from these failed projects to successful ones, thereby improving the ecosystem as a whole, and in turn benefiting all stakeholders within the cryptocurrency industry.

The problem

CoinJanitor tries to solve the problem of dead coins, which are failed or inactive cryptocurrency projects that are no longer traded, used or supported. This can be a problem because these projects still exist on the blockchain, causing confusion, inefficiency, and even security risks for the communities that still hold them. CoinJanitor addresses this problem by buying out these assets, cleaning up the blockchain, and then redistributing the value of these assets to active cryptocurrency projects that are creating value for their communities.