CraftCoin is a cryptocurrency based on Litecoin. CraftCoin was designed to be a portable in-game currency for Minecraft servers. The currency is used to buy in-game items on Minecraft servers and can be instantly transferred to any other Minecraft server that supports CraftCoin. The reason this coin was made is: Prior to the spike in the value of LTC, I ran a successful Minecraft server that used LTC as an in-game currency. The sudden spike in value caused a "bank run" and suddenly people stopped playing on the server due to hyperinflation. This coin aims to solve this problem, since the value of a CraftCoin will be based on what players are willing to pay for in-game items, rather than being tied to a coin with fluctuating value. CraftCoin is not intended to be a competitor with Bitcoin, Litecoin, or any other currency. It's one and only purpose is simply being a game currency that is protected from wild price swings that cause inflation/deflation on Minecraft servers and yet remains portable across any group of servers that wish to adopt the currency. _**The official Craftcoin ticker is “CRAFT” and trades under that name on all the exchanges where it has been listed. The designation “CRAFTCOIN” is for CryptoCompare.com only.**_
