Deflationary Tokens

[Toobusy]

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 ?

if there have been many examples of deflation tokens will lose price in the future then why do we invest our money into it, because it will only waste time and money if in the end we have to lose our money. invest in tokens that have a good future so that time is not wasted. because already many deflation tokens only give promises and in the end we have to accept false promises.

How can you say that investing in deflationary coin is wastage of time n money. Have you seen how well deflationary coins have performed in current bull run? See example of btc for instance, coin has spiked twice n that's what investors want. If boom is giving good return in short term.  Imagine how well it will perform in long term.

[janak3]

This is the worst use case since 2018, it only lasted for a year and many already knew it's never going to work, every projects that have deflationary feature looks like a pump and dump project because they don't have any other utilities onboard than just deflation which is weird, in the end they slowly faded away

Deflationary tokens and automatic staking are become a hype few months ago, but for now, it already gone, just few meme tokens with deflationary and auto staking are survive and another already gone. And I agree with you, deflationary aren't not special offer, but this is just a common features that not making investors interested anymore. If there a newbie are thinking if deflationary features are important, maybe they are already on trap of hype in the past but just recently know about it.

if you see behavior of deflationary tokens in current bull run, you wont be saying that. every new idea need some time for recognition and if you are not a scam and a good team is behind the project then you are deemed to success, no matter which industry you are in.

[masulum]

if you see behavior of deflationary tokens in current bull run, you wont be saying that. every new idea need some time for recognition and if you are not a scam and a good team is behind the project then you are deemed to success, no matter which industry you are in.

It doesn't matter whether they will bull run or not, but this is a fact you have to accept, because this token deflationary if not accompanied by a product, then it will just be a normal feature. You're talking about a legit project, of course a legit one and having a product might bring success, but please understand my comments about what kind of project. I'm talking about the hype that has happened, a lot of project with the deflationary feature, tokens such as having special features coupled with automatic staking, look more attractive before it being hyped. However, for now, this feature is a commons feature, nothing special. The more projects with the same feature, the less attractive the feature will be.

[alisonwonder]

if you see behavior of deflationary tokens in current bull run, you wont be saying that. every new idea need some time for recognition and if you are not a scam and a good team is behind the project then you are deemed to success, no matter which industry you are in.

If we are in an industry that is not well-known, we will not find success either because a good industry also needs to be seen completely and evenly so that the ideas we develop can be very useful when implemented.

[janak3]

if you see behavior of deflationary tokens in current bull run, you wont be saying that. every new idea need some time for recognition and if you are not a scam and a good team is behind the project then you are deemed to success, no matter which industry you are in.

It doesn't matter whether they will bull run or not, but this is a fact you have to accept, because this token deflationary if not accompanied by a product, then it will just be a normal feature. You're talking about a legit project, of course a legit one and having a product might bring success, but please understand my comments about what kind of project. I'm talking about the hype that has happened, a lot of project with the deflationary feature, tokens such as having special features coupled with automatic staking, look more attractive before it being hyped. However, for now, this feature is a commons feature, nothing special. The more projects with the same feature, the less attractive the feature will be.

Sir I understand and honor your point fully. You believe that if a coin doesnt have a real world use case it will be just short lived hype. But I am of the view that if a coin get success, use cases joins the coin. See BTC for instanace, it has hardly any use case associated with it in the start but as it gets success, there are things getting associated with it.

[masulum]

Sir I understand and honor your point fully. You believe that if a coin doesnt have a real world use case it will be just short lived hype. But I am of the view that if a coin get success, use cases joins the coin. See BTC for instanace, it has hardly any use case associated with it in the start but as it gets success, there are things getting associated with it.

They are on a different side, Bitcoin with memes/defi altcoins with fully anonymous deflationary features. most of failed project, with unclear road map, all of them who do not have a solid plan, that why they will not provide anything. I understand, some of it get use case after the coin/token is known, like Safemoon, but, in a general context, it can be said, more deflationary coins that don't have a use-case only last a few months, after that they are gone. Because they were only in hype moment, When the team got the profits, it was over. They don't think about future plans. Of course, it's not all like this, but most of it we can see, only lasts for a while during the hype. No-plans, just offered deflationary feature will not give any impact for market and investors.