CoinJanitor completes its first buyout of another cryptocurrency


Jul 2, 2019
CoinJanitor, the first project in the space to suggest a method to unlock value in deadcoins and recycle it, has completed its first buyout.

After months of intense negotiations with several different deadcoin developers, CoinJanitor’s team has struck a deal to acquire Globycoin. A CoinJanitor community member played a key role in establishing the channel of communication between Globycoin and CoinJanitor team members, showing how crucial community members are to the project.

The buyout was completed on May 12th, 2019. Asset transfer from Globycoin to CoinJanitor was completed immediately following the buyout and now the CoinJanitor team is working to finalize the next phase of the buyout, which includes analysis of code, transaction data and meta data, Globycoin asset integration, and of course the coin swaps for Globycoin users.

CoinJanitor also has a token swaps page where crypto users can list the deadcoins that they would like CoinJanitor to purchase. Project owners can also contact the CoinJanitor team through this page.