Despite the overarching fear imposed by the coronavirus outbreak that is now gripping all corners of the Western world, companies around the world still took to the Internet to ‘celebrate’ April Fool’s Day — presumably to lighten the mood.
Crypto startups, too, joined in on the fun.
Here are some of CryptoSlate’s favorite Bitcoin-themed pranks from April 1st.
Out with Bitcoin, in with Toilet Paper Token?
CoinMarketCap, just acquired by Binance for a reported $400 million in equity, kicked it off by ‘launching’ a token: the Toilet Paper Token, which can be purchased through one “Shitake Exchange” and can be minted through a Know-Your-Colon (KYC) process:
TPT’s goal is to ensure the integrity of wipers around the world and to maintain the “fair distribution of toilet paper worldwide.”
The ‘asset’ traded over 1,000% higher on April Fool’s, outpacing every other crypto in existence, allowing it to unseat Bitcoin from its porcelain throne. Better yet, TPT ran out of stock, making it even more scarce than our favorite orange coin, set to see a halving in May.
In with Toilet Paper Token and out with Bitcoin? pic.twitter.com/GhvWjfwUFa
— Nick Chong (@_Nick_Chong) March 31, 2020
Fortunately, this crappy April Fool’s joke of a digital asset has since been unseated by Bitcoin. In fact, it’s nowhere to be found.
Forget the Lightning Network
Speaking of Bitcoin, Blockstream decided to ‘introduce’ the Lava Network on April 1st, a “sidechain-based settlement network for BTC transactions on Mars” seemingly based on the company’s Liquid Network.
With the ongoing push to put humans on Mars, the Bitcoin infrastructure company felt it necessary to make our favorite orange coin available on the orange planet with an orange-colored scaling solution.