Post
Topic
Board Altcoin Discussion
Re: Is the Deflationary model failed?
by
garyrowe
on 06/12/2019, 05:01:09 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?
In crypto, there is a hype tthat goes along with every new concept which tends to fade off after sometime. For such concept to continue its survival, continued development and upgrade in its working is needed. In the case of deflationary tokens, the hype is gone hence many dead deflationary token projects, only with good usecase, clear road map, and continued development will keep them surviving till next year. I see Bomb and blockburn going through 2020 as the teams of both project as maintained a very high level of professionality and focus on the development of their projects.