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$COOP was created by Cooper Daniels and fully distributed as a surprise to anyone who had opted in.

$COOP was created as a joke around the time of the name memecoin craze

Until that time it was believed that each person would only be given a single $coop.
This was not announced or expected. Cooper kept exactly zero $coop for himself.
It should have gone to zero and stayed there, as there was not even a token roadmap in place.

But the Algorand commuinity reacted with interest.

Liquidity Pools were created. Some paper-handed it, others gobbed it up.
$coop was the talk of the town, and community members started building around it.

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