I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
Naturally, a deflationary token must rise in price over time. But it won't happen in most cases.
If you don't have good
tokenomics,
good partners,
good developments, and a
great community, you will have no future.
Be careful, being deflationary is just one of the many advantages to becoming successful.