A new trend has been widespread through the crypto world: deflationary tokens. These are tokens that, when used, their supply steadily decreases, making them scarce over time. Tokens such as $ BombToken and $ Fuze are spearheading what happens when token supply is cut with every transfer. Due to the fact that future generations will likely seek a non-inflationary monetary system, participating in these experiments will help provide data-points for future generations looking for the best implementation of a currency .
So far, there has been a 1% and 2% reduction in the supply amount of any transfer in these experiments. This would certainly provide for interesting results.
However, these tokens are more of a social experiment than just an attempt at everyday currency. They are not trying to produce real applications. It is not entirely clear what the goal of these projects is.
Introducing SMASH token, deflationary cryptocurrency with real life use-case
I am pleased to introduce SMASH Token, a self-deflationary cryptocurrency based on the Ethereum blockchain. The SMASH token mission is to become the world's first deflationary token with a real-life use case. At the same time introducing a deflationary cryptocurrency that will serve as a repository of value and one can easily obtain, the low entry barrier.
The SMASH Token Core algorithm is designed to ensure that for every transaction made with the token, 2% of the transferred amount is lit. This inbuilt self-destructive process will improve the shortage of SMAS tokens as an asset base over time. The developer intends to provide SMASH as an asset base that will serve as a store of value cryptocurrency as well as a hedge against inflationary conditions that are most frequently associated with currently available cryptocurrencies .
In addition to breaking the issue of usability within deflationary tokens, the SMMS token creator aims to develop a social platform, which will allow interaction between caregivers and supporters driven by SMASK tokens. The platform will operate as a decentralized economy that will grow out of poverty and this world.
Token Description and Breakdown
Token Expansion:
Token Symbol: SMASH
Total Supply: 1,000,000
Platform: Ethereum
Token Symbol: SMASH
Total Supply: 1,000,000
Platform: Ethereum
Recipient breakdown:
30% - Airdrop, 300,000 SMAS tokens will be available through Airdrop programs.
20% - Bounty, 200,000 SMASH tokens will be available through the reward campaign.
20% - Investors and exchange listings, 20% of the total supply (200,000 SMASH) will be available for investors and exchange listings.
10% - DAP & Marketing, 100,000 SMASH tokens will be used for DAPP development and marketing.
10% - Team, Team will be allocated 100,000 SMASH tokens. The team's token will be locked for 6 months.
30% - Airdrop, 300,000 SMAS tokens will be available through Airdrop programs.
20% - Bounty, 200,000 SMASH tokens will be available through the reward campaign.
20% - Investors and exchange listings, 20% of the total supply (200,000 SMASH) will be available for investors and exchange listings.
10% - DAP & Marketing, 100,000 SMASH tokens will be used for DAPP development and marketing.
10% - Team, Team will be allocated 100,000 SMASH tokens. The team's token will be locked for 6 months.
More information:
Smash Token Website: https://smashtoken.xyz/
Smash Token Medium Page: https://medium.com/@smashtoken
Smash Token Official Telegram: https://t.me/SmashToken
Smoke Token Official Twitter: https : //twitter.com/smash_token s = 09?
Smash Token Website: https://smashtoken.xyz/
Smash Token Medium Page: https://medium.com/@smashtoken
Smash Token Official Telegram: https://t.me/SmashToken
Smoke Token Official Twitter: https : //twitter.com/smash_token s = 09?
Author of the article:
Authors: YarisRiyadi1st
My Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1756824;sa=summary
My ETH: 0x8B1820FB5829696cA5b595d09dF4e0F5757a97A7
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