via juggalocoin.org

An Insane Clown Posse fan has created the world's first juggalo cryptocurrency. His name is Papa Nutt, his product is the JuggaloCoin (JUG).

"You probably see it everyday. Coins with no purpose," Nutt explained on his website. "A couple of weeks ago someone attempted to launch something called 'CableCoin'—a coin for buying computer cables. Why in the hell would anyone go to the hassle of obtaining a coin with the sole purpose of purchasing computer cables? It makes no sense. There is no benefit for the consumer. JuggaloCoin (JUG) is different."

He's hoping his fellow juggalos will take to the coin, using it to buy merch at the Gathering. "Juggalos don't just buy hatchet man gear online. They buy all kinds of s**t."

Billboard reports that Psychopathic Records and ICP have nothing to do with the project, but Nutt is taking it very seriously. The bitcoin innovator asks those who have signed up to tweet their JUG address with the hashtag #JuggaloCoin and a picture of themselves. How else are you going to prove yourself part of the Family?

Check out clips from Insane Clown Posse Theater on our show page.

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