We all know USD Thether (USDT), TrueUSD (USDT) or even DAI but in times of need and because of the high demand and volatility in price of toilet paper rolls, we got something new, S*it Ticket. The SHT token was created to solve a new rising problem, scarcity and high demand for toilet paper rolls. But what is really S*it ticket? Lets take a look into it.

Disclaimer : I´m not affiliated in any way with the project.

What is S*it ticket?

S*it ticket claims to be the first toilet paper backed cryptocurrency, every SHT token in existence represents a physical sheet of toilet paper that the team buys and stores in a real world location. They also claim they handpicked the best quality toilet paper , they tested the product and could assure me that it was premium, soft and strong. Planning to become a safe heaven for bathroom essentials, the team is planning to secure more toilet paper rolls and mint 1 SHT token for every sheet of paper acquired.

Lets take a look at the numbers. The rolls the team buys have 425 sheets of paper, i could check that there are 12750 SHT tokens in circulation, so the team needs to have in their possession 30 rolls of toilet paper. Not a great amount by any means, but i went to the S*it ticket discord and asked the developer for proofs. Funnily enough he was easy to contact and was happy to show me his growing stack. And this is what i was shown:

As we can clearly see, the team is already in possession of a valuable amount of toilet paper rolls, they also told me that they are planning to stock way more and are setting a way to trade and deliver your tokens. Remember 425 STHs are equal to 1 roll of paper.

I will leave you some links, you can do your research and secure your stack of toilet paper, you will never know when you may need it. The team is distributing the first tokens doing an airdrop, you can contact them by:

Its a very recent project so not everything is in place at the moment. There are currently 77 proud owners of toilet paper backed crypto and the token is trading at Uniswap and Saturn Network. The token can be stored in any ERC20 wallet, make sure to keep your private keys secure, you do not want to be left without the most basic of bathroom hygiene supplies.

Final thoughts

This is clearly a "meme" project, but in the world of cryptocurrency you never know what projects will take off. From what i saw from the team, they are taking the project in a serious way ( as serious as you can, its toilet paper!!). As always do your own research (DYOR).

I will continue to follow this project, i will make new posts about the S*it Ticket project and other new interesting crypto tokens . Make sure to follow me so you will know all about the new projects in the crypto world.

Tell me in the comments what you think about The SHT TOKEN.