MaxumToken (OP)
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July 02, 2019, 04:50:56 PM Last edit: July 17, 2019, 07:01:24 AM by MaxumToken |
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MAXUM ($MUM)
Maxum is a deflationary token. Every transaction burns 2% of its output, and as more tokens get destroyed, the burning rate goes up. With any transaction of Maxum, the smart contract destroys 2% of the transaction amount. As more tokens get destroyed, the burn rate goes up, making Maxum more scarce with every transaction. You can think about the different burn levels of Maxum in the same way that bitcoin halving events work, both adding scarcity as parts of their economics.
Burn Levels Starting Supply: 200,000,000,000 Maxum – 2% burn rate with every transaction. When the circulating supply is 180,000,000,000, the burn rate goes up to 4%. When the circulating supply is 160,000,000,000, the burn rate goes up to 6%. When the circulating supply is 140,000,000,000, the burn rate goes up to 8%. When the circulating supply is 120,000,000,000, the burn rate goes up to 10%. When the circulating supply is 100,000,000,000, the burn rate goes up to 12%. When the circulating supply is 80,000,000,000, the burn rate goes up to 14%. When the circulating supply is 60,000,000,000, the burn rate goes up to 16%. When the circulating supply is 30,000,000,000, the burn rate goes up to 20%. When the circulating supply is 10,000,000,000, the burn rate goes up to 24%. When the circulating supply is 1,000,000,000, the burn rate goes up to 30%.
Distribution Maxum has been airdropped in its totality, and we won’t do any fundraising round, IEO or ICO. The only way to obtain Maxum before any listing was through our airdrop.
Why We believe that one of the main problems with tokenomics and cryptocurrencies in general is inflation. As more tokens are created or minted, the older tokens lose value. Maxum is different in the way that it is built be the anti inflationary remedy. There are other anti-inflatonary tokens, such as $BOMB, although there aren’t any tokens built with scalable anti-inflation burns like us, as they all have the same burn rate at every point, while Maxum smart contract burns a bigger percentage as the circulating supply gets smaller.
Decentralized Maxum is totally decentralized. We hope that in the future Maxum can be implemented as a premium store of value, and we also believe that developing dApps using Maxum tokens as its currency could be a very good way to increase value for Maxum, yet we are totally decentralized. We didn’t conduct an ICO and we are airdropping 95% of our tokens, while using the other 5% for our marketing efforts, such as promoting it on other crypto sites, partnering with exchanges, and the team involvement in this project. This decentralization also means that you are totally free to do anything you want with your tokens. You can burn them, making Maxum more scarce, or you can lock them up for years.
Token Details Smart Contract: 0xc9634da9b1eefd1cb3d88b598a91ec69e5afe4e4 Symbol: MUM Total Supply: 200,000,000,000 Starting Burning Rate: 2% per transaction Decimals: 0
Social Media Twitter: https://twitter.com/maxumtoken Telegram: https://t.me/MaxumGroup
Website: https://maxum.io
Whitepaper: https://maxum.io/storage/2019/07/Maxum-Token-Whitepaper.pdf
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joel68
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July 02, 2019, 05:38:58 PM |
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a new wave of deflationary tokens is sweeping across the crypto world ....may i ask what its gonna be when it goes to zero ...will it continually transact ...thanks ..btw im first haha...if you would be so kind i wish to have some tokens please thanks 0x51b62Ad8451a3AAFdb9fa955b1076FBD9cE5e56F
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MaxumToken (OP)
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July 02, 2019, 06:12:56 PM |
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a new wave of deflationary tokens is sweeping across the crypto world ....may i ask what its gonna be when it goes to zero ...will it continually transact ...thanks .
Sure, please follow the airdrop and we will send you tokens. Please don't post your address here. The burn rate keeps going up as more tokens get burned & once there is only a billion tokens left, the token burn rate will go up to 30% for all the transactions after it.
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Prettygirl01315
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July 03, 2019, 05:09:14 AM |
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Well this is interesting an scalable burning process let's see how it goes for past few months because its a deflationary token with a revise concept again with bomb itself with an scalable burning process
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MaxumToken (OP)
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July 03, 2019, 02:31:16 PM |
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Well this is interesting an scalable burning process let's see how it goes for past few months because its a deflationary token with a revise concept again with bomb itself with an scalable burning process
Thank you, we are excited to see what will happen and how high the burn rate will get (and when). We are currently distributing the tokens. We had over 25,000 entries, although there were many fake entries and we are only sending tokens to the people that followed the steps. The airdrop is still open, and we have increased the measures so we can easily see what entries are fake and the real ones. By the way, so far, from distribution only, over 76,400,000 have been burned! 🔥 🔥 🔥
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MaxumToken (OP)
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July 05, 2019, 06:00:16 AM |
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Maxmum Seems a different self destructive deflationary token in my vision , because it has a Huge supply which is 200Bn and I think its pretty huge, but the important thing is when supply decreases The burning rate increasing which is pretty good way to burn more when supply becomes smaller, So $MUM will be something different than other self destructive deflationary tokens I see out there, and the thing is MUM can grow faster in mid term . Good luck with MUM project ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Yes, the supply gets smaller quite fast. For example, 3,920,288,000 MUM have been burned already! It is really going faster than what we thought on that sense.
Our airdrop campaign is a success, with so many entries & we have been distributing most of the tokens, we believe we should finish the process tomorrow, and then focus on our marketing campaign and exchange listing.
Happy 4th of July everyone!
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cryptoHODL17
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July 06, 2019, 05:16:44 AM |
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Hi, where to see your team?
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TranHaiSon
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July 07, 2019, 04:17:46 AM |
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MaxumToken (OP)
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July 07, 2019, 10:40:03 PM |
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Hi, where to see your team?
The team decided to stay anonymous, at least for now, as most of the team members have successful careers and the project is in a very small phase so far. We hope that once the project gets big enough we can share more about ourselves. The airdrop ended and we have successfuly delivered tokens to almost 6000 holders.
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demonic098
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Ximply for president!!!
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July 09, 2019, 02:02:29 AM |
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Do you have any plans listing this token on a certain exchange?. It's been a few days since the distribution ended.
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Buy me a drink ETH: 0xED47aFa721e4228Bf19434aDDB1B79E740822540
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MaxumToken (OP)
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July 09, 2019, 04:13:28 AM |
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Do you have any plans listing this token on a certain exchange?. It's been a few days since the distribution ended.
The airdrop took a long time as there were over 50,000 entries, and many weren't valid, so it took us a long time to verify them. We are currently talking with an exchange at the moment and we should be listed there quite soon, stay tuned!
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Brianc
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July 19, 2019, 04:08:24 PM |
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One of the coolest projects out there. I saw that there were other deflationary projects but this is the only one with scalable features and the only one in a top 25 Exchange. Great work Maxum team!!
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mrquackquack
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July 21, 2019, 10:31:03 PM |
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Starting to see lots of these clones out there but none the less a pretty interesting project at a very low price.
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defc0de
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July 24, 2019, 07:30:15 PM |
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hi guys, how to participate in the airdrop?
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mrquackquack
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July 30, 2019, 11:52:01 PM |
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hello i would like to buy some of these coins if i may, the exchange that they're on wants too much information. so if anyone is selling please reply here or send me a message, i will buy at given market price thanks.
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ningrum
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The OGz Club
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July 31, 2019, 12:07:19 AM |
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hi guys, how to participate in the airdrop?
as far as I know you have to take it at https://airdropalert.com/maxum-airdrop, or try asking in their telegram group for details
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mrquackquack
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February 15, 2021, 10:34:50 PM |
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News? Exchanges?
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reza7777
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February 16, 2021, 06:03:31 AM |
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News? Exchanges?
Hi bro, are you still sleeping? This project is dead and abandoned, telegram is no longer available, twitter has also been inactive since one year ago. Then why are you still hopeful?
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