Deflationary Tokens Are In | Bomb Nuke & Shrink?
What is a deflationary token ? Pretty much its a token that is designed to prevent inflation. The first of its kind is a token called BOMB since then we have seen a numbr of different tokens trying to do the same such as nuke token and shrink token.
How does a deflationary token economics work ?
To ensure that for every transaction done with the token, 1% of the amount transferred is burnt. This inbuilt self-destructive process will improve the scarcity of deflationary tokens as an asset base over time. This will provide these tokens as an asset base that will serve both as a store of value cryptocurrency as well as a hedge against inflation situations that are most often associated with currently available cryptocurrencies.
Keywords:
What is a self destruct token ? what is a deflationary token ? what is bomb token ? what is nuke token ? what is shrink token ? is deflationary tokens a scam ? BOMB NUKE SHRINK crypto investments the crypto lifestyle best performing crypto ? mercatox exchange token economics
Disclaimer: NOTHING in this video is financial advice. This is what i am doing,this is NOT a recommendation to buy,hold or sell. I invest into crypto currencies because i love it and i truly believe its a technology that will shape and the world forever! I repeat i am NOT a financial adviser but simply a crypto fanatic PLEASE D.Y.O.R when investing into any crypto currencies, THANK YOU :-)