Bitcoin Forum

Alternate cryptocurrencies => Tokens (Altcoins) => Topic started by: palladiumcrypto on February 20, 2019, 09:09:06 PM



Title: The BOMB - A Radical Social Experiment That Expands The Horizon Of Blockchain.
Post by: palladiumcrypto on February 20, 2019, 09:09:06 PM
This project must have a insight look from the Bitcointalk community due to the concept behind the BOMB token, as the primary aspect is the hyperdeflationary nature of the token that would expands the concept of store of value.


"THE ORIGIN:

BOMB is a social experiment and financial case study to measure the feasibility of a deflationary currency.  The rules are simple.

- There were originally 1,000,000 Bomb in existence.
- Each time a Bomb is transferred, 1% of the transaction is destroyed.
- There will never be newly minted Bomb.
- The intention is not to be used as a transactional currency, but rather a consistent and decentralized store of value. Through a system of immutable smart contracts and continuous hyperdeflation, BOMB is the world’s first self-destructing currency.

THE PROBLEM
Despite over $13,000,000,000 in public capital allocated to the decentralized world in the first half of 2018 alone, over 1000 projects are now dead. While there are many reasons for this decline, we believe the Token Velocity Problem to sit at the forefront. In short, Token Velocity is the speed at which tokens circulate their native platforms and ecosystems. If this velocity is too high and speculation is held constant, assets will struggle to conserve long-term appreciation."


-

More Info:

https://bombtoken.com/

https://twitter.com/BombToken

https://t.me/bombtoken


Press about BOMB:

https://www.micahmwhite.com/activist-edge#bomb

https://www.youtube.com/watch?v=_MZiBTU8wOM


Title: Re: The BOMB - A Radical Social Experiment That Expands The Horizon Of Blockchain.
Post by: mrdeposit on February 20, 2019, 09:14:11 PM
This project must have a insight look from the Bitcointalk community due to the concept behind the BOMB token, as the primary aspect is the hyperdeflationary nature of the token that would expands the concept of store of value.


"THE ORIGIN:

BOMB is a social experiment and financial case study to measure the feasibility of a deflationary currency.  The rules are simple.

- There were originally 1,000,000 Bomb in existence.
- Each time a Bomb is transferred, 1% of the transaction is destroyed.
- There will never be newly minted Bomb.
- The intention is not to be used as a transactional currency, but rather a consistent and decentralized store of value. Through a system of immutable smart contracts and continuous hyperdeflation, BOMB is the world’s first self-destructing currency.

THE PROBLEM
Despite over $13,000,000,000 in public capital allocated to the decentralized world in the first half of 2018 alone, over 1000 projects are now dead. While there are many reasons for this decline, we believe the Token Velocity Problem to sit at the forefront. In short, Token Velocity is the speed at which tokens circulate their native platforms and ecosystems. If this velocity is too high and speculation is held constant, assets will struggle to conserve long-term appreciation."


-

More Info:

https://bombtoken.com/

https://twitter.com/BombToken

https://t.me/bombtoken


Press about BOMB:

https://www.micahmwhite.com/activist-edge#bomb

https://www.youtube.com/watch?v=_MZiBTU8wOM
Is thit coin tradable or just created for a experiment? Really interesting concept and it is first time i see such tool for measuring deflation in crypto.


Title: Re: The BOMB - A Radical Social Experiment That Expands The Horizon Of Blockchain.
Post by: palladiumcrypto on February 21, 2019, 12:49:26 AM
Yes Its already tradable on Forkdelta just by putting their contract address and 0 Decimals


Title: Re: The BOMB - A Radical Social Experiment That Expands The Horizon Of Blockchain.
Post by: pahrtenope on February 24, 2019, 01:31:46 PM
Deflation concept its seems interesting to see the evolvment of the project.


Title: Re: The BOMB - A Radical Social Experiment That Expands The Horizon Of Blockchain.
Post by: dzkrb1966 on February 25, 2019, 10:20:28 PM
You write. "BOMB is the world's first self-destructing currency.". But, because of this, it’s scary to buy your coin. Buy it, and then it will explode in your wallet. )


Title: Re: The BOMB - A Radical Social Experiment That Expands The Horizon Of Blockchain.
Post by: AmoreJaz on February 25, 2019, 10:27:40 PM
Yes Its already tradable on Forkdelta just by putting their contract address and 0 Decimals

got the contract address from their website

https://i.imgur.com/eTOGTIX.png

https://etherscan.io/token/0x1C95b093d6C236d3EF7c796fE33f9CC6b8606714 (https://etherscan.io/token/0x1C95b093d6C236d3EF7c796fE33f9CC6b8606714)

but somebody is distributing bomb tokens also

https://etherscan.io/address/0x2b84b61394511aba931500e974cb243a852f134b (https://etherscan.io/address/0x2b84b61394511aba931500e974cb243a852f134b)

i suppose the legit one is from the address i obtained from the site. did the team know theres another one trying to imitate their project?