Psilocybin was created back in 2015 and launched in May the same year. It is an abandoned cryptocurrency. It is based on the Proof of Work & Delegated Proof of Stake method. The Psilocybin was chosen as a tribute to the Psilocybin mushrooms also known as Magic mushrooms. The coin's symbol is PSY. The currency applies the sha256d algorithm. In technical specifications, it has an average of 1 minute block time. The article will be further updated in case of additional information about Psylocybin.