Bitcoin Forum

Why TransBurn?

Transburn token is specifically made for dapp game transaction with a coded deflationary 1% per transaction, which means every onchain transaction 1% will be automatically destroyed. This method and application create scarcity for the transburn token to make it surge high base on the law of demand and supply.

The demand for transburn token will be relatively increase day by day because this is real usecase token that's back up by decrease in total supply upon any transaction made on chain. The more the awareness and interest of blockchain users get involves in usage of transburn the more the velocity of transburn ascending. Transburn is created by blockchain enthusiasts who believe in creating new ideas for the improvement and betterment of block chain industry whereas give the Crypto community to take care of the transburn by promotion and application of marketing strategy. Therefore transburn is largely own by its users and community who believe in new ideas and innovations.

NB: Participating in this experiment does not present an offer for ordinary shares of any entity and token holders are not entitled to or promised any form of dividends/financial rewards. Tokens are not intended to constitute securities in any jurisdiction.

1% of Transburn tokens gets burnt every time someone makes a transaction. Wow. I guess that going to make the amount of tokens in circulation very low and with increasing demand the price would skyrocket.

1% of the tokens gets burnt every transaction?  So this 1% tokens from that transaction I hope?  BTW whre are these tokens listed? 

It's a popular strategy among deflationary tokens to get a portion of the tokens burnt per transaction. My concern is that the supply is low and with the consistency of transactions, it may take few years before everything eventually gets burnt.

It's quite funny, the way you arrived at your conclusion. Everything would eventually get burnt, no doubt. But that's not in few years time. Rather the limited supply would keep increasing the value and make holding the tokens become very lucrative.

I agree with you, I ones read an article on how the burning of tokens would affect the supply of the tokens and the value as time progress. And I must commend the developers for bringing this initiative to limelight. There are several cryptocurrencies in the industry and distinguishing transburn from others is a great accomplishment.

We only have to understand the significance of demand and supply to appreciate the strategy of transburn. I was amazed reading through the details of the project and it dawned on me that a new era has come in the cryptocurrency space.

It's listed on DDEX and vindax

I know about DDEX exchange. It’s a good exchange and has a good liquidity for all it’s listed tokens. Where is Transburn project from? What’s the project about? Do they have a use case for these tokens?

I like this project, token burn on every transaction. They also have an airdrop program that ends on 23rd July. Everyone who holds a minimum of 500 Transburn tokens would receive airdrops tokens : https://forms.gle/GYstPE75aKSJTgWE6

Transburn is a deflationary token with real use case. It's a fuel for dapp games and other utilities connected with dapps.
Transburn has use cases.
Major use case are the dapps which I believe are being developed.

One of the use cases  is already effective . There is a market where you can trade TRB tokens for physical goods.
You can check
@trbmarket (telegram)

The 1% burn for each transaction, does this also applies to transactions from contract address to exchange or wallet to exchange so it does not result in double burn on the part of the token holders? I will need a clarification in this regards.

Thanks for bringing this to my notice. I will need to hold more of my tokens some times more to enable me be one of the participants for the holders airdrop
 The burn rate Is also feasible and will help the project in the long run

token burn on every project how is that gonna be like, and is that even a wise thing to do, i would like to know how this would affect the value of the token

It's making the supply smaller which means it can help the coin price to go higher. Just think about demand over supply on the market. The more people trying to hold the smaller coin supply the higher chances of having high prices on it.

Transburn is live on coingecko.

Follow update here:
https://www.coingecko.com/en/coins/transburn?utm_content=transburn&utm_medium=search_coin&utm_source=coingecko

I guess I’ll have to buy more Transburn tokens. So much so I get more airdrop tokens. The more Transburn tokens you hold the more tokens would be airdropped to your wallet. When would the screenshot be taken?

That’s awesome. Coingecko listing would give Transburn tokens great attention from traders. It’s volume and token metrics details would be public too. Would there be listing on CoinMarketCap too?

There’s a token airdrop to wallets that hold over 500 Transburn tokens. You need to hold it on a personal wallet and it the wallet address has to be submitted on the form. I just bought more Transburn for the airdrop.

What then is the fate of those holding their transburn tokens on exchange wallets. Will they also receive the additional airdrop alloted for this campaign?

"coingecko" i have no idea there is any exchange platform like that, from your statement it pretty obvious they are somehow large. transburn would really do nice if they get listed on big exchange platform

Thanks for the information. Will check these exchange. I heard about DDEX but first time I am hearing about vindax.

Well it's really a good alternative on CMC since Coin Gecko almost has the same reputation on the industry. It will really going to give them a lot of exposure and attentions.

It’s not an exchange. Coingeckco is a website for market cap rankings, coin charts and details on listed coins. Some of the top trading coins by volume are listed on coingecko. Transburn tokens listing on coingecko would get the attention of investors and traders.

I guess Transburn is the first deflationary tokens which could be used on dApp games. I don’t know about any other. What are the dApp games where we could use Transburn?
Btw Transburn could be listed on CEX exchange soon. https://twitter.com/transburn/status/1148514557805170688?s=21

Transburn is live on Blockfolio, now you can track TRB on blockfolio app.
Transburn is a great project with great insight...

ouch!!! the previous post made it look like exchange platform. Market cap ranking platform seems like a good place for investors to start their investment research

For a minute I was a bit confused too about the Coingecko listing. It is not an exchange listing but an app to track coin movement. I am happy at the progress though as this will help both holders and potential investors follow up on the coin movement

Yes it's exactly what you're talking about. It's a place where the users can check their beloved assets to monitor how does the price and market going on that project. Well if transburn will going to be known more it will really boost their position there.

Guys Transburn is live on Coingecko. Follow here for live update about price https://www.coingecko.com/en/coins/transburn?utm_content=transburn&utm_medium=search_coin&utm_source=coingecko

You can make discussion with team here https://t.me/transburn

It’s so cool. Listed on two exchanges already and they have good volume to get them on coingeckco. Coingecko lists only good projects with a good volume, with this Transburn tokens would moon.

I’ll say so much progress on Transburn project. They two listing on top exchanges and now coingecko. I think the team is doing a great job. With multiple listing, there’s more liquidity for Transburn tokens and dApp developers can grab Transburn tokens.

I like the project because I think they’ve got a good number of things going fine. It’s my first deflationary project, and I don’t know how this works. Where can Transburn tokens be used?

Wow that's nice this project is now listed to Coingecko and blockfolio when project being listed into this to it will caught more eye of investors especially if they are finding new project to invest in.

They will receive the additional airdrop when they withdraw to ERC20 wallet.

We have a market for transburn token. You can check @trbmarket on telegram for more enquiries.

I agree with you, I was surprised that despite the fact that transburn came into existence few weeks ago, so much has been accomplished. The project hasn't only been listed on top cryptocurrency exchanges, but it's also available now on block folio.

The journey of a thousand miles begins with a step and transburn had made that step. The exchange listing on coin gecko is just a tip of the iceberg and there are many more great news to be announced.

There's a popular opinion that deflationary tokens are the next big win in the cryptocurrency space. Due to the consistent reduction in the number of tokens in circulation, there's most likely going to be an increase in the value of tokens and with transburn total supply of 1,000,000 tokens, its a good investment choice.

Will they be burning all the tokens (I know 1% tokens per transaction will be burnt) or they have some target to keep few minimum tokens ?

I don't think there's a target to keep any minimum, the concept is to consistently reduce the value until there's non yet which might take a whole lot of time to achieve. I see the strategy to be very efficient and effective in using that there's a growing increase in the value of the tokens.

It’s a good decision to keep hold of your Transburn tokens. It’s always going to keep a high/increasing value with every transaction made. Transburn tokens wouldn’t be affected by a bear market because the amount of tokens gets lower.

Cool. I think the team is making all the good decisions. It’s so awesome to know I can, like every Transburn holders, track the price changes on different exchanges on blockfolio. Blockfolio is an awesome app. Goodluck to the team.

It's really necessary to us to check the market movements and price of the project coin that we really wanted that's why being on those sites where we can monitor it was really a big help.

What is the point in haveing this kind of sistem?
I dont understand how deflation is such an important property that an entire token should be built around it.
What are the other proprties of the coin?

Transburn deflationary token is now on Coin gecko and block folio. This will help everyone monitor the activities of the tokens. This is awesome development. Next move should be CMC and other bigger exchanges.

I’ll do just that. I like the idea of a deflationary token. And that will work great with an awesome market for Transburn tokens too. Is that a link to your telegram group or just Transburn market?

i don't really know how deflationary is going to help improve the value of any cryptocurrency because changing total supply of token in circulation won't have much effect except for the fact that it gonna make the token scarcer

People looking at crypto as an alternative to the paper currencies, but if they these currencies start burning tokens /coins then I dont it will be oppositeto what I was thinking till now

I just got to know about this project recently and am still trying to wrap my head around the core idea of it. I will have to spend good time reading the whitepapper it seems. But before that, I will appreciate anyo9that can give me a quick summary of what this is all about or how it is supposed to work.

What are some kind if paid games are in the dapp?

Curious to see if the price of this token is really gonna go up and won't be dumped after few hours of pumps. Burning tokens is not new but token burning per transaction is quite interesting. I wonder how the exchange is going to take this. Is the marketing campaign already running?

Hopefully, CMC and listing on bigger exchange would be a boost, so far their recent activities would surely increase awareness of their project both Coin gecko and block folio has a decent amount of user base.

I noticed too that this last few months a lot of deflationary tokens projects are coming out. Well I guess why most of the people now are choosing these projects because it's really promising like once the supplies got smaller we can really expect something on its price.

Can someone explain me in short summary what's difference between deflationary tokens and other tokens? This way me and other people like me can understand the good and bad points.

I trust they would, CMC is one of the most visited website in the crypto sphere, they sure made a smart move by leveraging on CMC.

I quote "...every onchain transaction 1% will be automatically destroyed."
Even if the amount of token involved in the transaction is less than 1% of the total amount of transburn supply, 1% still will be burnt?? Does that sound like a good thing or is it just me?

I think it’s a good thing for people who hold Transburn tokens. The price of Transburn tokens naturally would appreciate because there would be more demand for Transburn tokens but few amount of Transburn in circulation.

I think deflationary tokens aren’t popular. Transburn would be my first deflationary cryptocurrencies tokens. I think investors like the fact that tokens are being burnt on every transaction. What’s the maximum amount of tokens that would be burnt. It’s not a good idea to burn all tokens.

well its a beginning :) i believe transburn is going to make really enormous impact on crypto world.

The beginning of every project is always difficult and seem as though no headway but over time the project takes shapes eventually and that is what will happen to Transburn and I see it shocking the cryptocurrency world in general. It's a deflationary token that will take its time to grow organically

Right. I’m very much interested in tokens that have a use case. If I’ll be holding Transburn tokens, I’ll like to know what I could buy with these tokens, I guess I could convert it easily. I read I could use Transburn tokens on dApps. Are there an examples?

I checked one of the article at medium regarding Transburn airdrop which was started around 30 June. They mentioned two points about deflationary tokens but those points already discussed here. Apart from tokens burning, I don't see any other difference.

Agree on you, I think the project really want to show how unique their token is and how valuable it will be in a certain time, and when the project succeed on their goal while you are holding their token, the investment you made will really bloom afterward.

i personally feel transburn is more like a prototype than a project the whole deflationary token stuff is really strange i mean constantly reducing the amount of token in circulation won't it affect the availability of the token

This is for sure that transburn will dominate crypto world soon as you can see they are now listed in Coingecko and blockfolio and now the price of their token is pumping right now.

yeah i think it’s unique i mean ,demand for selfdisructive token will be relatively increase gradually and steadily because this usecase  token that's back up by decrease in total supply upon any transaction made on chain.  :)

What's happening with Transburn project. I was checking coingecko site and I found this tokens going up since last couple of days. Any big announcement in this project?

I personally haven't heard any big news on the project, apart from the new listing on block folio but I believe that the project does not need a big news to have a substantial increase in the value owing to the fact that the supply is on constant reduction.

The constant reduction of the tokens would affect the availability of tokens in circulation, which is the concept of deflationary projects. The goal is to make the quantity in circulation lesser by the day which has a better possibility of increasing the value of the tokens.

It's a good thing that the value of the token is on the rise, I guess one of the reasons is that there's a general increase in the price of several altcoin at the moment. I remember the team has been promising to update the community on a great announcement but I haven't heard anything yet. I'll have to check the telegram group to see if there's something big coming up soon.

It's an obvious fact that deflationary tokens are having the best part of the market lately. I heard of a deflationary token that rose to over 10$ in a space of less than 2 weeks. I don't really understand how they do it, all I know is that it's good to have some in ones portfolio to make wholesome return on investment.

Where this Transburn tokens trading now?  How many exchanges it's listed currently?  How many total number of tokens supply is there? 

Transburn is trading on DDEX and VINDAX presently.
You can buy here
https://ddex.io/trade/TRB-WETH
Or
https://vindax.com/m-exchange-advanced.html?symbol=TRB_ETH

More exchanges coming soon.

Total supply is now 995,924

The only thing I know about it is the markets are the one who will going to decide on what will going to be the price of it. I mean everytime the tokens supplies getting burn on each transfer the price will really going to increase soon.

I am a bit interested in reading the article. I don't know if you still have the link. I am also interested in knowing what deflationary tokens are? I hope it is explained in the article.

The price of the token will depend on also to the holders of the tokens, because while burning the tokens that didn't sell holders can sell it, what price they want or higher to its retail price they can manipulate the price by means of trading because they are the holders this happens most of the time.

hey buddy.thanks for sharing !now we have two quite good option it seems ,VINDAX and DDEX where we can buy the transburn token.

The feeling is mutual buddy, all I hope now is for the team to remain consistent with their activities and secure partners.

I read somewhere about  Transburn token has a real use case and its it a fuel  ⛽️ for dapp games so we can use the token, its going to be amazing i can so many games and digital assets are rolling these days.

I remember seeing same at the projects website. The use case of this project would be very helpful to developers who are interested in decentralized applications and being that the project is deflationary in nature, it's a good token to hold for short to medium term.

In my opinion, deflationary tokens got its name from the word deflation. While inflation is the rapid increase in the value of goods and services as a result of several factors, out of which is the increase in the supply which is not in tandem to the demand. Deflation is the opposite of inflation. Inorderwords deflationary tokens seeks to ensure that the demands is faced with a lesser supply, this explains the reason for continuous burning of 1% of all transactions send or received.

Well I still believe they have a lot to do before they start transforming the crypto sphere, their deflationary scheme will prove great only when it shows how effective it going to be

Thank you for the clarification on the concept of deflationary tokens, I have a strong conviction that deflationary tokens would be instrumental to a higher return on investment as it possesses the attributes needed for a consistent increase in  price . I'm positive about the Transburn project as its a unique deflationary project with a real use case for the tokens.

Yes mate, airdrop distribution is in late August. Buyers are holding because of its great potentials. I am happy I'm part of this project

I heard that the airdrop and bounty program are ended, but the distribution is yet to commence. I'll like to know if the airdrop and bounty tokens would be distributed on an exchange wallet or the person wallet of participants. It was unfortunate for me to have missed the token sales, do hope an ther campaign would be lesser.

It's actually always happening but I don't think that's what really why they called it deflationary or or why they really wanted this kind of project to start. But what we are only sure about is the people behind it are really have a reasons why.

My qst is will this go on forever or there's going to be a point where it's going to stop. My reason for asking is this, if it happens forever, there's going to come a time when the token is going to be held by a really few number of people.

True, showing results is the best way to attract their targeted audience, they do have a long path ahead of them like you stated

I know this project have deflationary tokens, but apart from this what they are going to do actually? What type of service they are going to provide?

Fuel for dApp games? Do you mean the developers who build these games or is it a token for people who play these games? I always thought Transburn was a dApp, and you could use these tokens on the dApp. Now, I don’t know.

Right. That’s the aim of deflationary tokens. The opposite would be inflationary tokens. Transburn tokens was meant to be a cryptocurrency with Exact opposite features to inflation. So you see Transburn tokens with growing demand and reduced supply, price would surge.

Total supply at first was 1 000 000 tokens. It’s gone short. I guess that little difference was burned when some made a transaction. When does token burning stop?

I think the cause of the pumping of the price if their token is the burning of some supplies this make the volume decrease but make the price increase. And also some crypto are pumping also because of the flow of btc.

Transburn(TRB) is a multi-usage token.for example ,TRB can be use to pay for access to paid games, purchasing more power to go to the next level in gaming industry. A data storage company can also accept TRB to be use to pay for access to IDs, biometrics etc. In summary, TRB can be use anywhere no specific use or industry.

Transburn also have a market where you can trade for good and services. It's a means of payment of good and services

I am looking to the partnership with games that needed payment, If transburn succeed on this one, paying games will be more convenient. Since we are now in more technological world, and we can buy online, this may help many people who just want to stay at home.

Is it just a fuel for transburn games or other games on the blockchain? If they can integrate it to other projects it will be a great starting point for them.

I think they are trying to take gaming to the next level because with this innovation games will mean much more than item for fun it gonna have value which is what most people will want.

In my opinion, Transburn would be providing a platform where developers can build decentralized apps including games and the fuel or fee to be used in the platform would be Transburn tokens. I'm not certain of this information because the whitepaper is yet to be available.

Your opinion is actually very reasonable considering the fact that the project is concerned about decentralized applications. I know that games are also in the family of decentralized applications. I hope that the team would make the whitepaper available to the community soon.

The team needs to be mindful of the fact that the whitepaper is a major necessity and should be provided to enable those who would love to know more about the project have access to an official document which contains the nitty gritty of the project.

I agree with you, the importance of a whitepaper to the project cannot be overemphasised. I understand that the project is still young and several other modalities and structures are yet to be in place. The team should prioritise on getting the whitepaper to give investors an opportunity to have a wholesome perspective of the project.

Well, its all based on the user-case of the brand, how many intend to actively use their token for the purpose of what they offer because the consumer determines the circulation of a particular token or means of exchange, so having a low supply shouldn't be a problem but when the demand is really high, then another means of curtailing such will come in, possibly the amount to be burnt per transaction will be reduced

This is exactly how I understand and thought about this kind of project. The supplies are keep burning while the demand will going to be on the line specially those people who don't want to miss the upcoming more burning of supply.

I’ll like to see all tokens integrated to blockchain games. Like you could easily pay for game points and add ons using different coins. I don’t know of a blockchain project on that, but I think there need to be one.

I was expecting a limit to amount of tokens burnt. Oddly, we’ll get to a very low amount of tokens and Transburn doesn’t have a sub token like satoshi with bitcoin. Transburn is doing really well on exchanges, I think people especially traders make a good amount of money on Transburn trades.

When you say a fuel of DApps, I’m lost because I don’t use dApps or know what cryptocurrency fuel they use. Can you give a full detail on how cryptocurrency fuels work?

Fuel in this context refers to the token, it going to be what gamers use to purchase game items on the platform. You can liken it to coins on most games the difference will be that these token will have real world value and depending on the usage the value can increase or decrease. Everything stated here is just my personal view of what they are trying to solve I can be  wrong. But I hope am not

Many project doing this kind of strategies when they are in their ICO/IEO every round they will sell a set of number of token, and they will reduce the number each round and some token will burn so each round the price will be different too.

When did they hold their airdrop campaign? I am just hearing about it for the first time. Will there be any more airdrops campaign program from them before the August scheduled distribution date?

The major airdrop of the project has been completed, but they still carryout some minor airdrop giveaway on twitter, you can follow their twitter handle to know when they give minor airdrops. The last airdrop I heard was for holders of the token. Don't know if it's still available or the distribution has been completed.

I got the update about the holders airdrop, where holders with a minimum of 500 TRB tokens would be given additional 50% of their holdings. I remember there's a maximum of 2500 tokens, and the period was also stipulated. Am not sure of when it would expire, or whether there's an extension.

I agree with you that when the demand gets high, the amount to be burnt would either be suspended or reduced. The increase in demand would also lead to an increase in value due to the fact that individuals who are fortunate to have some would be unwilling to let it go for peanuts. At the end of the day the value may even surpass the value of more superior cryptocurrencies.

The team didn't specify the limit to which the tokens would stop burning, this could be handy as excessively burning of  the tokens could make some holders get unwilling to let go.

While going through the history of the transburn token, I realized that it got to a wonderful ATH but recently dropped, what is the plan of the team to avoid more dump in the future?

Yes, that's just basic economics and its left for the team to implement it well, otherwise, it will affect the brand negatively, this is where an expert comes in and ensure that everything is well balanced with proper checks and balances, so i hope they get it right and become notable in that aspect, making both themselves and investors happy

Cryptocurrencies are having a bad trading week. I say the prices have been brave. Libra, trying to defend its self in Congress, has been a poor representative of cryptocurrencies. I think Transburn tokens are naturally designed to have a bullish price. Although tokens are burnt, holders tokens have a better price.

I think you can get airdrops. They’re good. But not as awesome as a bag full of Transburn tokens when you buy these tokens yourself.

I think it would be awesome to see Transburn tokens do all that’s. Wow. I think it’s going to pump the demand up up up. I’m going to get more Transburn tokens, and also find an awesome dApp game too.

Yeah, no doubt the market has been going through a bearish season and has affected a whole lot of tokens and coins, even the chairman of them all Bitcoin was not spared this time. Let's be optimistic that the bull will be upon us soonest than we ever imagined so we can all enjoy the goodies of the land. Transburn will surely do well in terms of price

They are already trading. So i am here wondering if they are still distributing Airdrop tokens. Is that even a wise decision? Won't it have a negative effect on the value?

Well nobody can say for sure how it gonna affect the value but I feel since they are already trading I don't think their is any need for airdrop anymore before dumpers suck out every value left in the token.

Airdrop distribution is in late August.
Although there is ongoing distribution for those that held at least 500 TRB in their wallet during promotion duration.

Wow that's really a good deal also they are really thinking on how are they going to have much better results on putting those maximum tokens that can be hold. Can't wait for it.

Oh. The airdrop distribution is a fresh one or an already done airdrop that hasn't been distributed yet?

Transburn sold for $0.4, listed, and went down to $0.1. It’s up since then and heading to above $0.4. I think it’s different from what we see with other cryptocurrency that’s get listed in this season. I guess that’s because Transburn tokens are deflationary. There are meant to appreciate.

That's sad I missed their airdrop if I came here earlier I will participate in their airdrop. ButI will try to join to their promo's like holding at least 500 TRB.

the turnburn token will make crypto exchange in the games more easy were these days payment system is bit slow for people who wants to play and wants to exchange currency ..to know more u can go through the white paper https://transburn.com/images/Transburnwhitepaper.pdf

Thank for clarification. Sometimes crypto world uses some words which gives impression that some really different or difficult think is going on.

I think Transburn tokens setting the pace for the discovery of a new type of tokens. It’s only possible on blockchain, deflationary tokens. Traders who want profits simply have to hold these tokens and its always going to appreciate.

What will happen if the project successfully do their goal, will and as you said, Online games, will you have partnership to a large online company, example steam or it will just focus on more on blockchain games ?

It’s a bullish market. Not as volatile as we saw in 2018. But this time, it’s going far higher. I think the market is trying to shake off weak hands. There are more institutional investors looking at coming into cryptocurrency and regulations is around the corner.  

What type of transaction will cause the burning of one percent tokens ? Only transaction done by trading will be considered or if someone used token for playing tokens will also considered?

The future of the project is yet to be ascertained and due to the flexibility of the cryptocurrency industry, the development of the project cannot be perfectly predicted. Its best we focus on what is on ground and flow with the project as it goes through the development process.

I agree with you, deflationary projects has been on the vanguard of giving investors and holders a better return as compared to other altcoins. I believe that Transburn would not be different as the supply is relatively low and the use case is relevant to the needs of the market presently.

Yes, Airdrop should be over by now. Whoever needs the tokens should get some on the exchange. The team can only give out some tokens in exchange for services rendered to the project and that explains why its a better to secure some tokens, now that the project is young and the value is low.

I do believe that the future is bright with cryptocurrency, the bearish trend of 2018 has been replaced by a bullish trend this year. The year is yet to end and am expecting a much higher bull run before the end of the year. I would endeavour to hold some tokens till the end of the year and see what would become of this project.

Such up and down in Crypto market is normal, it's just few days since the trading is started. In long term Transburn tokens will be more stable and might trade at higher level.

The bullish trend seems to only be relative to just bitcoin and not the entire cryptocurrency industry, though it seems like a boost but altcoins have a long way to go for the industry to be termed successful, so how will this happen?, well, its all about creating and implementing projects that will revolutionize the industry and not just to be seen as another avenue for quick bucks

We're still not that late. Even we missed the airdrop it's a great chance that we're already here before they made some amazing developments and progress that will surely make it the people hype.

That's good to know that no one will leave behind in this project because they keep going on top while new people are joining on them they will bring them up also so that no one will leave behind in this project.

I've come to realise that any project that does not have a solid foundation would not stand the test of time. For a project to be successful, they need to create value. That explains why the use case of Transburn cannot be overemphasised when it's longevity is considered.

I agree with you, Transburn can only stand the test of time, if the team are committed to the project development and ensure that the use case of the project which is connected to a gaming platform is being consistently maintained.

In my opinion, the team really has a lot to do as regards the project development. There's very little information about the strategy for accomplishing the hideous tasks of building the platform and most of the information, I see are related to listing the tokens in exchange.

There's no doubt that the nature of the project is suggesting that value should be increasing, but you know that in this space its impossible for a project to be consistently going up. There's bounty to be volatility on the price of the token which would make the value of the tokens fluctuate.

How much has been done by the Transburn developers team on the project?
I checked the link provide by a team mate for Transburn market, but it was a dead end. I’ll like to know about the project.

There is 1% burn for any on chain transaction which reduces the total supply.

I would love to know if the Transburn project has got bounty programme to be done by bounty hunters in the nearest future as this will also help boost the project to a wider coverage. If there is kindly, direct me to the bounty details and page. Thanks

Tokens would appreciate when it’s fully launched. I think when Transburn project becomes successful, the tokens would appreciate and there’ll be more demand for the tokens.

It’s on Transburn telegram group, The 50% (of Amount held) TRB have been distributed successfully to the qualified user. Who else got the rewards from Transburn team? When is the next airdrop going to be?

Its basically while most projects in the blockchain industry are collapsing because most of the team members just woke up one morning and decide to do something that they know nothing about, probably to just get the money and go into thin air, a foundation needs to be built, value needs to be inculcated into the brand and the right expertise should be brought into the picture, i hope this will deliver

Well for me as long the sales are on going it's not really too late to be part of the early birds on the new project. But the risk that we're going to take is really high.

That's a good one, am glad that the team kept their word. Was thinking it could be a strategy to make people buy more of the token without compensation. This airdrop distribution will increase the trust and confidence the community has for the team.

The tokens is even expected to appreciate as the amount in circulation reduces, but with the launch of the platform which would increase the demand for the tokens, the value would grow geometrically. Let's hope that the team are committed to the project development and speed up the project launch

I agree with you, for us to get the best value of the tokens, the team needs to be serious with the token development. Depending on only the deflationary tendency of the tokens for an increasing value is risky. The real use case of the tokens speaks volume and that's what reputable exchange like binance considers before listing projects.

The logical truth about the 50% holdings airdrop is that it was carried out by the team to increase the volume of purchase for the token. Most persons had to buy more tokens to hold in order to be eligible for the airdrop.

Yes, i love the term you used which is "real user case", that's all that matters in the development of every brand and they should ensure that such is truly implemented, its not all about just stating things on paper but getting things done in real time, this alone is enough to beckon on any investor or group of investors to get on-board the brand

If that so , then it is really good to be part of this project, its like what you said to my question. As all said in a market industry " The lower the demand is , the higher the price it will ". I also hope that transburn will be partnership with a larger online games company.

Right. I missed the distribution. I think there was a minimum. Not everyone who holds the Transburn tokens would get the airdrop. You have to hold a minimum of 500 tokens. That’s $80 worth. I’ll get more next time.

I think that’s a good tactic to keep the price up. Demand for Transburn tokens spiked and so did the price of each token. Would  there be any more airdrops? When will that be?

I like to do my review personally. I review every token myself, but most people don’t. It’s not totally wrong, because there are crypto review websites that do that for you. Has Transburn been reviewed by any of the top ICO/blockchain review projects? What the score?

I have not seen any public reviews from external review sites. I don't really rate review sites also must of them just take money to review with bias.

I think they don't have any ICO review right now the latest updates I saw on them that they have been listed in Coingecko and blockfolio. You can try to review their project as you please.

In my opinion, carrying out personal review on a project you want to invest is a wise decision, this is because most of the reviews carried out publicly by the review website could be biased. It's okay to consider the review website, but make some attempt to verify the information derived from the website and carry out your own research.

That's true the project gave out a majority of the tokens as airdrop and didn't carry out any token sale. A major airdrop was completed lately where eligible holders of the token were given 50% additional token as airdrop. This was holders with a minimum of 500 tokens.

We can't really tell if there's going to be more airdrop for now because a large portion of the tokens was used for the recently completed airdrop. But I guess they may be airdrops in the future but it would not be as pronounced as the one conducted lately.

Yes. They get paid for these reviews and because it could be influenced by the project team paying a certain amount to get a good review, people don’t always trust ICO review platforms. But, I think it’s a good way to promote a project.

The minimum number of tokens was on the high side, the team should consider reducing the minimum amount of tokens to give more persons the opportunity to benefit from the airdrop. They could reduce the maximum number of tokens also to restrict the impact of whales.

According to their telegram group, there won't be any airdrop but  Twitter giveaway.  I also missed the airdrop and I wish there will be another one

Transburn tokens price has appreciated over the past week. I think Transburn being a multi usage token makes it a good investment. Data storage industry and DApps can decide to use Transburn or any blockchain project, it’s use isn’t limited to any industry.

Well, I think you’re right. Crypto is all about not having limits, and if Transburn is going to do just that, it represents everything about cryptocurrency and blockchain. It could be a hell of a problem trying to create a crypto currency all by yourself, instead you could use Transburn tokens.

Cryptocurrency is funny and can swing at different directions at different times too. Transburn being a deflationary token at this point in time will thrive well if they put all their resources together to make the project succeed and not deflate and diffuse away like some deflationary tokens we have around