Post
Topic
Board Altcoin Discussion
Re: Is the Deflationary model failed?
by
tabas
on 19/11/2019, 17:57:51 UTC
This year some new things happened in crypto! The initial sale system changed to IEO, there was IAO, IGO and so many new model, but only IEO lives! However, my point is not that!
What does IAO and IGO means? I only know three of them, STO, ICO, and IEO.
STO stands for Security token offering
ICO for Initial Coin Offering
This year the Deflationary Ethereum based token based projects attracted me well. In every transaction, a certain amount of token will be burned automatically and the supply is very limited for every deflation project. The BOMB, Blockburn, Nuke, Bags, Blast, Fuze, and so many projects have come, but what happens next? It seems only BOMB and Blockburn project survives, others all likely dead or scam!
The idea was very unique, then why they are not making a success? What can be the reason guys?
It doesn't mean that because they burned tokens it will attract more investors. Possibly those tokens that you've seen aren't so popular that's why they all became dead.