A viral ‘speedrun’ video from digital artist Johnny Shankman shows just how easy it is for anyone to create a new cryptocurrency out of thin air.
, created by the crypto cybersecurity firm OpenZeppelin. The Contacts Wizard tool generates code for an ERC-20 token with a few quick clicks of a cursor. On the program, users can select a number of potential features for their token., which compiles the token’s smart contract and deploys it on a given blockchain network. In the video, Shankman opts for deploying his EASY_MONEY token on the Ethereum testnet.
He notes in the comments section that the video was “for educational purposes only” and clarifies that by deploying EASY_MONEY on the Ethereum testnet, it is not a real token to be speculated on. Notably, Shankman’s video was picked up by a number of large accounts on Crypto Twitter, being reposted by the likes of, which has now seen the video gain more than 3 million views across a series of different accounts.
The viral popularity of Shankman’s post comes at a time where “shitcoins'' have gained drastically in popularity throughout the broader crypto ecosystem. The
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