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?
To say the truth deflation idea is not bad at all, this can drive more investors into a new project with deflation implemented, what people wants is some kind of assurance of making huge profits and no doubt deflationary tokens can deliver it but presently that is all they have, it would have been better if they have other use cases as well and they will become unstoppable