CoinJanitor (JAN)

CoinJanitor is a community funded project that sweeps up inactive coins and pays users to trade them in.

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What is CoinJanitor

The CoinJanitor Project identifies four key groups of people, who may benefit from the use of CoinJanitor tokens:

• Users of Failed Coins: They may benefit from the opportunity to get value back from coins that cannot be sold. They may also benefit from joining a community that may grow exponentially as CoinJanitor continues to amalgamate communities of other failed coins that are otherwise cut-off from the markets.
• CoinJanitor Users: They may benefit from the creation of a new economy that wouldn’t exist otherwise. This economy is based on unlocking value trapped in failed coins and achieving a network effect by amalgamating the communities of these failed coins into a single one.
• The Market: Cryptocurrency markets may benefit from 2 positive externalities that the CoinJanitor project will produce: the reduction of dilution in the markets through the decommissioning of blockchains that trap value, and the ability of CoinJanitor to become a vehicle through which the trapped value can be transferred elsewhere in the market.
• Project Creators: They may benefit from creating a new project in the space, opening a debate that cryptocurrency enthusiasts should have about the best way to deal with failed coins, and the possibility of leading a newly created community with the development of more tools that may be useful to cryptocurrency enthusiasts and markets across the board.