Restoring lost value into the cryptocurrency markets.
Our mission is to reduce cryptocurrency market dilution and restore lost value to the Crypto Economy, by providing holders, community members and creators of failed coins, a buy-out, a way to join a project that has the network effect that the projects they created or supported failed to achieve, and implementing a subsequent systematic burn of the coins bought out.
People who created, supported or were otherwise involved with cryptocurrency projects that are now functionally dead, have all the value they invested in them trapped. They cannot transact or trade these coins. This trapped value can serve as a source of growth for cryptocurrency markets if it is freed. It will also be beneficial for those who hold these failed coins because it will allow them to join a new community that can achieve the network effect that the coins they hold failed to achieve.
There are more than 4,500 different cryptocurrencies; only about 1,400 are traded on exchanges. This is the by-product of the growth rates that cryptocurrency markets had in the last few years. As a community, cryptocurrency users and enthusiasts need to take care of these failed projects. CoinJanitor is the first service offering to do so, and one of the first to open the discussion about what to do with these failed projects.