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?
That's true Ethereum base deflationary tokens are just sprouting like a mushroom everywhere. the one thing i don't understand about a deflationary token is when the token was already running out by supply what will happen to the platform. if theres is no token creation?? that's why i think all of those deflationary model is just after the money and no other use at all. in crypto the pioneering one has the advantage to lead, like bitcoin that's why we can compare it to the first deflationary token "The Bomb token" which is gaining its value versus the US dollars.