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Finding cofounders with cofounders .com – DNW Podcast #475
Domain Name Wire Podcast
The Rise and Fall of a Cryptocurrency Algorithm
In the fall of 2017, the speaker developed a hype score algorithm for altcoins based on social media metrics and market cap. To market the algorithm, the speaker approached John McAfee, who initially doubted its efficacy. After persistence, McAfee agreed and promoted the algorithm on Twitter, resulting in significant growth to 60,000 members. The project launched a token without an ICO, reaching a market cap of over 30 million dollars but eventually failed amidst a market crash after 12-18 months.
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