Post
Topic
Board Tokens (Altcoins)
Re: [ANN] ICONOMI - Digital Assets Management Platform
by
Mendeleev
on 30/03/2017, 01:41:57 UTC
I may have to do some more research, but I have a theory that ICN is:

The first ever deflationary crypto


Bitcrystals is an example that springs to mind. They're burned and the supply is ever-decreasing.

So not the first. There'll be others too, I'm sure.

Synereo did it too as a price-pumping gimmick before their 2nd ICO round debacle.

https://blog.synereo.com/2016/09/16/synereo-burns-half-of-all-amps-in-existence/

No comparison here.  AMP holds so many tokens that can be brought to the market (inflation and dilution) at their whim.   AMPs buyback was a gimmick to boost price and nothing like what Iconomi is doing on April 1st.

https://en.wikipedia.org/wiki/April_Fools%27_Day

 Wink  Grin  Roll Eyes