In today’s cryptocurrency landscape, many of the existing currencies are only present to make a financial profit. Others, however, try to promote a long-term vision or ideology, while trying to highlight one of the most important things for the success of a project, the community. Without the support of a community, a project cannot move forward to achieve its goals.
This is why in exchange, it is normal for this same community to expect a fair and equitable distribution for everyone. A world where the financial benefit is not the goal, where the possibility of joining the network is not closed and decided by a group of individuals. A summary that perfectly represents the opposition of Libra and its corporation.
As we mentioned in the previous article, Libra will not be “open-source” but owned and led by the Libra Corporation. Access will be restricted depending on interest or sufficient financial means, and therefore closed for the vast majority of the world.
Zbux led the way with this new currency, seeking to protest against Libra and its principles, while providing a digital, parodic and fair solution for all.
The distribution of the coins was done in a fair way for all. Since ZuckBucks is a token based on the Ethereum network, it was very easy to interact with the smart contract before the emission to incorporate a specific function.
The principle is simple:
Each Ethereum transaction sent to the contract address received a certain amount of Zbux, varying according to the number of transactions already made. For example, the first transaction returned 66,666 ZBUX while the 25th returned only 3851. This method allowed to remove all those not caring about the project and saw only a financial interest.
The different airdrops and contests have also allowed Zbux to offer different users on social networks for their participation. The network is accessible, free of investment for all, community-oriented and symbolise the exact opposite of Libra. But the project Zbux has in its community many artists who participate actively to feed this parodic dimension and always create more contents.
A parodic currency
The first parodic currency ever created was Dogecoin in December 2013 as a satirical coin in response to some of the ridiculous altcoins (alternative coins than bitcoin) that were entering the crypto market at the time. Dogecoin’s creators named the coin after the famous Shiba-Inu dog ‘Doge’ meme that was circulating the world at this time. Despite being a joke, Dogecoin was created with serious technology beneath it as it is a fork of Litecoin which is based on the Bitcoin original source code.
Zbux is more recent but is full of promises for the future. The name Libra alimented a lot of controversies in the society regarding its abilities to be a financial entity.
Zbux is the new meme coin to be known by all. If Doge entered the market to protest against all the altcoins entering the market in 2013, Zbux is THE currency to protect against Libra entry next year. All the community is working hard to bring more contents to share. More parodic contents to protect against that capitalism system brought by Libra Corporation in the crypto sphere. More memes to symbolise this fight against the Facebook and Mark Zuckerberg dictatorship.
“Stand up for your freedom, and stand up to those who wish to control you and your money. Support Zuck Bucks to show Facebook that you’re tired of their stranglehold on our society. »
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