Post
Topic
Board Altcoin Discussion
Re: Is the Deflationary model failed?
by
o48o
on 19/11/2019, 18:36:29 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!

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?

I didn't see any reason for BOMB to exist and still don't see anything but a shittoken fomo value for it from the people who don't question what's that even for. None of these projects have anything else to offer and only reason that they exist is because people don't look under the hood in tech or question what problem does it solve. Also what even would be the planned endgame of these? Just exist to gain more and more artificial value without offering anything new?