USDT

SHITCOIN

burueau

“Crypto is everyone walking around with a Swiss bank in their pocket'
-Former President Obama

“Crypto is .. an additional form of currency”
-Former President Trump

"Fiat is the ultimate shitcoin”
-Gun Gun Febrianza

“Retirement is one trade away, if you dump on your followers.”
-Some Influencer, Probably

The Bureau of Shitcoins, a subdivision within the Department of Treasury, is tasked with the oversight, administration, and, on occasion, the initiation of digital assets colloquially termed "shitcoins" or more informally, "memecoins." It aims to evaluate the potential and implications of these assets in a uncontrolled environment. The insights and knowledge acquired through these experimental endeavors will inform future Central Bank Digital Currencies (CBDCs).

→ About USDT Bureau of Shitcoins

FAQs

  • The Shitcoin Bureau is what happens when a bunch of great ideas from different people come together. We see it as a journey into web3 memetics, digital art, and digital currencies.

    In more specific terms, we intend to explore memecoins and NFTs, but with a key differentiator - we value honesty and integrity above all else.

    Too many projects, especially memes, are short-lived capital extractions. Insiders and founders make millions, leaving a trail of bagholders.

    We don’t promise you generational wealth. We promise fun times, good memes, unique art, fair tokenomics, and transparent roadmaps. Everything you (and I) wish this space was. Ambitious af.

  • We bring a wide range of experiences to the team, with founder backgrounds somewhere between Silicon Valley and the military & government (yes, one is a fed). We’ve done nearly everything web3 has to offer, from buying high, selling low, and launching podcasts.

  • Yes and no. We provided our doxxed identities to trusted third-parties in the web3 space, for the purposes of the launch. In the vent we rug, they will share that information with the relevant authorities, or ZachXBT. If and when Shitcoin Bureau achieves certain revenue milestones, we will doxx to everyone. A little mystery also makes things spicier at the start, no?

  • In our opinion L1s are not as interchangeable as some suggest. Each is it’s own unique social network and memetic ecosystem. We will not remain active on only one chain.

  • We are not a launchpad, at least not in the way you commonly think of them. We will not launch tokens or art on behalf of other projects. We will release unique in-house projects over time.

  • Apes, like Goblins, are an iconic web3 archetype that precedes their now infamous NFT collections. Nearly all of us have aped into something at one point or another.

    A common frustration is with $APE, the APECOIN DAO, and it’s debut alongside the Otherside mint. We believe that was a low point for web3.. and its time for a new sort of $APE ..

Another dog themed memecoin

$ADTM

Better memes

Fair memes

The people’s memes

The treasury department observed the digital assets market for several years, noting what works and what doesn’t. Among the most glaring issues are the lack of fairness and accessibility.

Prominent memecoin projects like $APE are a great example:

Nearly 25% of its distribution allocated to a corporate entity, and launching into a manufactured pump saw the general public enter at grossly inflated values. This led to a lot of disenfranchised investors, effectively using them for corporate exit liquidity.

At the treasury department, we believe there is a better way to build digital memetic assets.

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Future PROJECTS

$TOKEN stands as the sole digital asset introduced and maintaned by the USDT Shitcoin Bureau at this time.

Speculation about additional non-fungible art and digital assets is overstated and remains officially unconfirmed.

Future initiatives will be unveiled with particular attention to the interests of existing Shitcoin Bureau holders.

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