Eric Henderson

Ever since I first heard about Bitcoin back in 2011 I was hooked on blockchain. After Chinacoin was created and all of the memecoins started popping up I tried my hand at creating an altcoin. Around the end of 2013 I created a coin called 42 coin. It went viral and ended up being worth millions of dollars per coin. It is currently priced at $22,000 per coin.

Around that time I also created a Bitcoin Soda machine and a Bitcoin ATM, from scratch using a raspberry Pi, a backup camera screen, a dollar validator, a relay, and some python code.

I also got a taste for crypto mining. In 2013 I had a few dozen GPUs mining and heating up my bedroom. At one point there was 3 foot of snow on the ground and I have my window open with a fan blowing cold air inside and I was still sweating.

Once Ethereum came out I got quite obsessed with smart contracts. I wanted to make everything and use a smart contract for the backend. So I started with simple games. I made a 2D top down MMORPG using a smart contract to determine player interaction, including position on the map, movement allowances, player storage, player physical hp, magic mp, physical attack, physical defence, magic attack and defense. The entire map was also stored in an array on the smart contract with each map square having properties and the ability to hold items.

I built many more simple games like this but never got much traction with users playing them.

I got caught up in Defi and made some good money just getting in early, the same strategy I used to make money on the first and second altcoin bullrun.

I figured since defi was taking off why not making my won defi app. So I decided to allow users to mine an erc20 token by building mining rigs using NFT parts. Each rig used electricity which was a token in itself and mined an erc20 token called virtualBitcoin at a rate determined by an algorithm I called the inchworm algo. Basically each 1mh that a miner processed gave it a ticket with a unique number, when the block time was reached a random number would be chosen, then it would go through the array and find the miner with the winning ticket number and then send the virtualBitcoin block reward to that user. I also had it set up for pools. The problem that I ran into was the gas it takes to run through the array to find the winner. So I came up with a devious solution that uses greed to get the job done. I set up a button that when pressed had a random chance at giving an NFT prize box, the box would contain a random miner part. The side effect of pressing the button is it would push along the inchworm to do the next batch and try to find the winner.

Ferengi Rule of Acquisition #10 Greed is eternal.
Greed is what runs our financial markets and it is the only reason Bitcoin exists or is worth anything. ;)

I went on to create more defi type games. I created a game where a user can buy NFT hotsauce, and peppers and ingredients. They could combine them to create new hotsauces and mint their new hotsauce NFT variant.

My newest project is going to change the game. I'm combining traditional fiat paper currency with crypto currency. It's called Silverbacks crypto cash or Silverbacks for short. Each physical Silverbacks bill is backed by a stablecoin such as USDT or USDC. Each bill has similar anticounterfeit features to US dollars but has one extra feature that the US treasury can only dream about. We embed a public and private key on the bill and transfer to that keypair the NFT of that bill. That NFT can be redeemed by scratching off the private key and then sent to a smart contract which then destroys the NFT and sends back it's face value in a stablecoin. This bridges the gap between physical money and cryptocurrency without needing any KYC. You buy the bill in person from an individual, from a store like walgreens, or you accept it as payment for goods or services. If silverbacks are spent as paper bills they are untraceable.

I'm a guru with solidity but am clueless when it comes to advertising and community building.