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?
Unique? If actually the idea was unique why would several projects spring up in the space of little time each with almost the same concept?. The reality is, they aren't, they were all products of hype, and since we humans love hype we rushed into them and most if not all of them dealt with us. A unique projects is never backed by hype but by what it stands to offer and this is where all these deflationary tokens failed; each has a little difference from the other.