Re: BOOM - First Self-Burning Cryptocurrency Based on Smart Contract
Aside the social experimental and self burning features. Is there any others potential BOOM have? I checked the project which the OP claim to be utility and i see that it was listed on 12 exchange site with no good liquidity
Thats definitely what he means and I'm surprised what the project are thinking before implementing such protocol which will reduce the quatity of token send to receiver instead of burning token from the total supply.
The origin of BOOM is simple, once users transfer BOOM to others, 1% of the total transfer amount is automatically destroyed at the same time. The initial total supply of BOOM is 1 billion. The supply will decrease due to transactions, and no new BOOM will be issued then.
This means that the receiver gets the amount he received with a cut already of 1% of total amount?