WASHINGTON — The Air Force has announced the release of NFT challenge coins this week which will be supported by its cryptocurrency, Blue Falcoin. The move comes weeks after the Air Force revealed a $1.7 million investment in Herbalife.
The announcement was made during a Twitch stream by former Enron CFO and current Air Force Secretary Frank Kendall: "Bro, you gotta trust me. We are going to be legends after this. L-E-G-A-N-D-S (sp). Crypto is the future, bro. We are the future. The dollar isn't a dollar but crypto is the new dollar. We can be like Elon Musk and John McAfee. In and out, pump & dump, just like Iraq."
Blue Falcoin, the massively unsuccessful Air Force cryptocurrency, will be used to support the digital Challenge Coins. Blue Falcoin lost 90% of its value earlier this year after a slide in the stock price of Bed Bath & Beyond. It is currently trading at .000000000002¢.
The inaugural coin was on the NFT trading site Open Sea shortly after the announcement from Kendall. Originally bid for $20,000, the coin depicting Hiroshima's bombing was ultimately purchased by Reddit user /u/vladamirputinmybutt for $3.