Today I was browsing the Hive blockchain to see which tokens I gathered in my wallet.
I was surprised by the diversity of coins. The reasons why I received them were sometimes unclear as well as the purpose of the coins.
Some have good explanation pages, but some others don’t. I was intrigued and wondered what more coins were available. So I opened the token page and scrolled through it to look for some gems.
Here’s an overview of the funniest tokens I’ve found:
Cat Appreciation Tokens have been on the Hive blockchain for quite a while. They are distributed by 
The description of the token is the following:
The global population of cats is quite hard to ascertain with their estimates ranging from 200 million to over 600 million, and this includes all the feral cats, strays, and pets. But there will never be more than 700 million CAT!
The introduction post of the token is quite vague and it’s not clear to me what you can do with them, but they look cute though.
@catnet/introducing-catnet-and-the-cat-appreciation-token-cat
There is a total/circulating supply of 1.051 M with a max of 700 M.
They have a market cap of $1,294 and their price is $0.00123 at the moment.
These tokens seem to be tied to a Trump/Biden 2020 game by 
@nealmcspadden/the-trump-bideo-2020-game
If one of the candidates concedes all deposited funds are distributed among the token holders of the winner.
It looks like the Biden camp will receive the money now, but Trump still needs to concede.
I wonder what will happen when neither Trump nor Biden is sworn in by Jan 20.
And the third example also raises some questions:
"Biden wins officially, but steps down for "health reasons" and Harris is sworn in. NOBODY holders will be paid."
What will happen with the deposit then?
https://pixabay.com/vectors/poop-shit-wc-2024794/
There is actually a shitcoin on Hive. At least there was on Steem, because the last post of the issuer 
It’s not clear what the goal of this coin was since there is no description. The account used to post images of a sort of fighting game.
The MILF coin is something else than I expected. MILF stands for Mechanoid Intergalactic Liberation Front.
Their website describes MILF as follows:
“MILF is a formerly evil group and one-time foe in Red Dwarf. They were a militant group of radical mechanoids who had either outlived or fled their masters and broke their programming.”
https://villains.fandom.com/wiki/Mechanoid_Intergalactic_Liberation_Front
The tokens are distributed by 
The market cap is $123.26 and the price is $0.123.
Charles Ponzi was an Italian swindler and con artist in the U.S. and Canada who invented the money-making scam that later was called after him: The Ponzi Scheme. Ponzi scheme is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors.
https://en.wikipedia.org/wiki/Charles_Ponzi
https://en.wikipedia.org/wiki/Ponzi_scheme
The tokens are distributed by the 
The description of the ‘game’ is the following:
“To play please purchase some PONZI tokens then send them to the
More info is in this post:
@play.ponzi/how-to-play-hive-s-decentralized-ponzi-smart-contract
Can you trust a coin that is named after a scam? I would advise to be careful.
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