This finance startup chose a most unfortunate name and got entirely the mockery you’d expect
Well, it’s one way of generating a bit of attention for yourself, a new finance company that went viral on Twitter today because, well, look.
📢 @noncefinance is building on Polygon!
🚀 With Polygon, NFT users will be able to increase the liquidity of their NFTs by utilizing Nonce’s fractionalization protocol that creates a seamless bridge between the NFT and ERC20 world.
— Polygon (@0xPolygon) July 2, 2021
Now, in one particular part of the world, a nonce is a ‘random or semi-random number that is generated for a specific use, typically related to cryptographic communication or information technology.
‘The term itself stands for “number used once” or “number once” and is most commonly referred to specifically as a cryptographic nonce’.
So entirely appropriate, then. Except, in another part of the world, it means something entirely different.
And it got just the responses you think it got on Twitter.
Nice company you got there, it'd be a shame if someone named it Nonce. https://t.co/YDBxplFbZI
— Champion Regent Sterling (@JimSterling) July 5, 2021
Here’s a bit of marketing research for you: put your company name into Google before your launch. That’ll be £2000, DM me for paypal deets.
— Matt Ratt (@MisterRatt) July 5, 2021
Nonce Finance: where your investment never reaches maturity. https://t.co/4eFfxlEmuz
— Dan (@JeSuisUnDan) July 5, 2021
It is only a matter of time before nonce coin becomes a thing. One day we may be able to purchase goods and services using nonce coins. https://t.co/eymG4KOiNv
— Memeulous (@Memeulous) July 5, 2021
— Jonny Sharples (@JonnyGabriel) July 5, 2021
NONCE FINANCE lmao are you kidding? Will this be the quickest rebrand of all time ? https://t.co/I5FUupPPer
— ∞ CO฿IE (@CryptoCobain) July 5, 2021
signs you never ran your company name past a british person https://t.co/mZXDYvgI0D
— Freya C (@Spdrcstl) July 5, 2021
I am yet again BEGGING Americans to simply Google a word before using it. https://t.co/Yj5yvKKHNW
— Daniel Sugarman (@Daniel_Sugarman) July 5, 2021
Not everyone saw it as a problem.
They’re a cryptocurrency company, so it’s an appropriate name.
— WAHa.06×36 ↙︎↙︎↙︎ (@WAHa_06x36) July 5, 2021
this is fantastic, keep up the good work. don’t change the name, don’t mind the haters, stick to your guns
— Alex May (@thestarboretum) July 5, 2021
To conclude …
Social media can be a horrible place sometimes and then it makes you aware that someone called their NFT company “Nonce Finance” and everything is forgiven
— Shiro Sirius (@ShiroSirius) July 5, 2021
Source Twitter @0xPolygon
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