Dangermoon White Paper

There are more than 4000 cryptocurrency as of January 2021 (Investopedia.com), that is more than 20 times of the traditional currencies in the world. When cryptocurrencies gained so much attention they were linked with anonymous transactions in the dark market. Now, more and more regulations have entered the market; however, it is still common to see cryptocurrency scams.

The purpose of this crypto currency is to showcase how easy it is to create a crypto currency. “Danger” in the name “Dangermoon” represent the potential risk in investing in such cryptocurrency. “Moon” in the name is satire for the phrase “To the moon” which represents the wish for the value of cryptocurrency or stock goes up.

The code for the coin was obtained from Github.com. It took a second to copy and paste and the code was fully usable. I only had to add the name for the token and the number of tokens I wish to make, which further proves the point that anyone can build their own cryptocurrency. The process of making this token can be found on YouTube.

The coin supply is 1000 . There is no additional features, as everything is kept as simple as possible.