Re: Transburn Announcement (Deflationary Token)

I like the project because I think theyve got a good number of things going fine. Its my first deflationary project, and I dont know how this works. Where can Transburn tokens be used?

There's a popular opinion that deflationary tokens are the next big win in the cryptocurrency space. Due to the consistent reduction in the number of tokens in circulation, there's most likely going to be an increase in the value of tokens and with transburn total supply of 1,000,000 tokens, its a good investment choice.

Will they be burning all the tokens (I know 1% tokens per transaction will be burnt) or they have some target to keep few minimum tokens ?

I don't think there's a target to keep any minimum, the concept is to consistently reduce the value until there's non yet which might take a whole lot of time to achieve. I see the strategy to be very efficient and effective in using that there's a growing increase in the value of the tokens.