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Out of protocol spam. Worthless and worse, actively harmful, as they skew fees, and have different incentive models with fees and value transfer. Incompatible with in protocol pure payments, it’s “let’s destroy something beautiful with ugly trash” tech. The space needs to die in a fire.
Will not be remembered fondly, along with “mastercoin” and “counterparty”, it’s just out of protocol noise made by barbarians.