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."
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More Info:
https://bombtoken.com/https://twitter.com/BombTokenhttps://t.me/bombtokenPress about BOMB:
https://www.micahmwhite.com/activist-edge#bombhttps://www.youtube.com/watch?v=_MZiBTU8wOM
