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.

i don't really know how deflationary is going to help improve the value of any cryptocurrency because changing total supply of token in circulation won't have much effect except for the fact that it gonna make the token scarcer

I just got to know about this project recently and am still trying to wrap my head around the core idea of it. I will have to spend good time reading the whitepapper it seems. But before that, I will appreciate anyo9that can give me a quick summary of what this is all about or how it is supposed to work.