WHACKD is a distinctive digital asset brought to life by the late John McAfee in 2019. It operates on the Ethereum blockchain and is recognized for its aggressive burn tokenomics. With each transaction, 10% of the tokens are sent to a burn address, effectively removing them from circulation. Additionally, every 1000th transaction results in a complete burn of the tokens involved, a process known as getting WHACKD. This deflationary mechanism strives to enhance the utility of the remaining tokens and benefit long-term participants.

WHACKD operates on a deflationary model, where a portion of the tokens involved in each transaction is permanently removed from circulation. Specifically, 10% of the tokens from every transaction are sent to a burn address. Furthermore, every 1000th transaction triggers a 100% burn of the tokens involved. This burn mechanism is embedded in the token's smart contract, ensuring its automatic execution with every transaction. The deflationary nature of WHACKD strives to enhance the utility of the remaining tokens and encourage long-term participation.

WHACKD is a socio-political project that seeks to leverage unique tokenomics and the immutable nature of the Ethereum blockchain. It aims to challenge modern token economies where bad actors can manipulate the price to the disadvantage of the wider community. By implementing a burn mechanism, WHACKD strives to reverse the power structure of a corrupt financial system. It benefits benevolent parties who participate and discourages market manipulators and other malicious actors by reducing their token holdings with every transaction.

WHACKD was created and released in November 2019 by John McAfee and his team. The token was distributed at no cost to people who previously registered for the airdrop. The launch of the token was preceded by the widely-publicized death of Jeffrey Epstein, a notorious underground operator. McAfee created the coin as a meme to remind people that Epstein didn't kill himself in prison, he was "WHACKD". After McAfee's death in 2021, the once-obscure WHACKD token has risen from the ashes, capturing the attention of multitudes and gaining attention.