CloudCrypter.com allows anyone to make their own cryptocurrency for a small fee.

[Vitalius]

Here is the site.

 

Basically, you name your coin, provide your email (to receive the information regarding it), decide on the block rate, and the abbreviation for said coin (i.e. BTC). Actually making the coin costs 0.04BTC ($33.20).

For 0.02 BTC or $16.60 at current prices, you can have the CloudCrypt watermark removed from the splash screen. And for 0.04 BTC ($33.20), you can have the source for the coin (i.e. the code for it that you would normally have made yourself). 

Then you decide the algorithm (SHA256 or Scrypt), and everything else that is basic to all cryptocurrencies (halving rates, value of blocks, etc).

Firstly, let me say this is a terrible idea. There's this thing called pre-mining which basically means that someone who invent a coin can mine it for a while before letting anyone else mine it. Or they can give themselves coin just because (as they know the source code). 

Letting that be handled by strangers in the cloud is not a good idea. But, to be honest, you literally have to do that regardless of what coin you invest in, because the maker of Bitcoin could have done it, or of Litecoin, or of Feathercoin. 

Or the pool operators could cut and run with your mining earnings. Etc etc. You are always trusting random people. But I wouldn't trust this site. Just a gut feeling I have. 

YMMV

[FlamingDefibs]

Yeah, this seems like it won't even lift off the ground.

[MatheusSanzo]

Linuscoin, Slickoin, anyone?

[Vitalius]

[TopWargamer]

This is so freaking stupid.

[legopc]

there are plenty of retards that are willing to pay for this :L 

[AlexGoesHigh]

next week someone releases a MLP themed coin if it hasn't been done before

[sysloc]

This points out the real value of cryptocurrencey in the first place

[Giggitygoebbels]

Server cannot be found.

[Vitalius]

Server cannot be found.

I can access it.

[mgsstar]

The different types of crypotcurrencies are going to go out of control with this service which is not a good thing imo...

[Nineshadow]

FINALLY!