Teletubbies launch cryptocurrency TubbyCoin

The Teletubbies have announced that in response to the overwhelming global demand for cryptocurrencies, they have launched TubbyCoin, an innovative new cryptocurrency employing the groundbreaking power of HugTech. 

Developed at WildBrain Labs, a secure research facility in the Coachella Valley, TubbyCoin is a new virtual system that employs cutting-edge cryptographology to convey the inherent value of Big Hugs in the form of exchangeable TubbyCoin BigHugs! Tokens, featuring Tinky Winky, Laa-Laa, Dipsy and Po.

To mine TubbyCoin, all users need to do is share Big Hugs! tokens on social media with anyone who needs a hug, accompanied by the hashtag #TubbyCoin. Then, HugTech will do the rest, as your TubbyCoin grows in value by collecting good vibes from being so nice. HugTech is harnessing the power of Teletubby antennae.

As part of the initial offering of TubbyCoin, WildBrain will be making a base donation of $5,000 CAD to Kids Help Phone, and for every TubbyCoin shared or liked on social media, they’ll add one additional dollar to the donation, up to a total of $10,000 CAD. Be sure to use the hashtag #TubbyCoin. 

Kids Help Phone gives millions of youth a safe, trusted space to talk over phone or through text or in self-directed support in any moment of crisis or need. In 2020, Kids Help Phone had 4.5 million connections with young people, reflecting a 137 per cent increase over 2019.

The result of years of research at WildBrain Labs, HugTech is a unique, proprietary technology that harnesses the value of the Teletubbies’ trademark BigHugs! through a nascent technology that marries the secret power of the Teletubbies’ antennae with cutting-edge cryptographology.

WildBrain Labs principal Scientist and Cleverness and Fabrication head Dr. Rolf P. Solia said: “We have finally arrived at the unachievable! Everyone knows the Teletubbies spread joy and delight across the world. But until now, few outside WildBrain Labs knew those special powers emanated from their antennae. Now, through the magic of cryptographology WildBrain Labs has harnessed that power to offer people around the world the opportunity to share the ebullience of the Teletubbies through TubbyCoin.”

Commenting on the initiative, WildBrain owner and Teletubbies chief brands officer Michael Riley added, “I’d like to wish everyone a Happy April Fools’ Day! Although TubbyCoin is not really a cryptocurrency, our hope is that you’ll still enjoy sharing TubbyCoins with friends, family and anyone who needs a hug – all to bring some very real smiles to faces. And the part about WildBrain’s donation to charity is no joke. To help ensure kids have the assistance they need in these difficult times, we’ll be making a $5,000 donation to Kids Help Phone and adding one dollar to our donation for every TubbyCoin shared on social media up to a total of $10,000. So, share those virtual BigHugs!”

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